EBay Taps OneOf for Debut Sports-Themed NFT Drop

EBay has teamed up with the popular magazine Sports Illustrated to create an exclusive NFT drop. In February, the magazine announced its own marketplace for the blockchain-based currency. It was an intriguing move for EBay, which is a traditional e-commerce giant that has expressed interest in blockchain technology. It also partnered with Sneaker-shopping platform StockX, which launched its NFT marketplace earlier this year. EBay is the second-largest e-commerce platform in the U.S. behind Amazon and boasts over 140 million users.

Wayne Gretzky

In honor of the 40th anniversary of his sports illustrated cover, OneOf has launched a Wayne Gretzky NFT Drop. As a web3 marketplace, OneOf has worked to develop limited edition collectibles with the legendary athlete. It will sell these digital assets on eBay in 2022. This marks the first time that a NFT seller and eBay will collaborate on the sale of these limited edition items. Each NFT is a unique digital asset that only one person can own.

The first collection for OneOf is a Sports Illustrated x Wayne Gretzky collection, which is the fourth from the renowned magazine. The collection features Wayne Gretzky’s iconic cover after his third MVP run and holds the NHL record for the most goals in a season. Often referred to as a “revolutionary player,” Gretzky rewrote the rules of team hockey.

Also Read:GameStop Jumps Into NFTs Just As The Market Collapses

Sports Illustrated partnership

eBay is launching a new Wayne Gretzky NFT collection that will feature 13 3D animated collectibles. The Wayne Gretzky NFTs will be available through the OneOf NFT marketplace, which eBay has partnered with. The collection will feature three-dimensional animated recreations of Gretzky’s most famous moves. Depending on which tier you purchase, you can expect to pay $10 to $1,500 for the collection.

EBay, which has been around for years, partnered with online marketplace OneOf to launch the first collection of sports-themed NFTs. The collectibles range in price from $10 to $1,500, and are available through the same payment methods as physical items. Wayne Gretzky’s NFTs will be among the first to launch, and OneOf plans to expand its partnership with Sports Illustrated and Sports Central to bring NFTs to a more mainstream audience.

EBay’s first foray into digital collectibles

In a recent press release, eBay announced its first foray into digital collectible markets by teaming up with blockchain technology company OneOf. The collaboration will see eBay repurpose iconic Sports Illustrated covers. The company’s primary aim is to help consumers find and purchase high-quality collectibles at affordable prices. The deal will launch in 2021 and will involve the use of blockchain technology to facilitate transactions.

Unlike other e-commerce platforms, eBay will accept and sell non-fungible tokens, which are used in the digital collectibles market. This is the first time an e-commerce giant has taken advantage of the NFT frenzy. NFTs are virtual assets that exist on a blockchain ledger. They have recently become popular among enthusiasts, who are willing to pay astronomical prices for them. Some of the tokens have reached tens of millions of dollars in auction houses.

Also Read:Celebrity-Endorsed NFTs Leave Some Investors Financially Caught in the Crossfire

By Lizbeth Magaly

Lizbeth Magaly is a talented writer who specializes in stories related to the Finance. She is a true torchbearer in the field of reporting sans prejudice, and leads by example. She watch all the content pieces related to Finance as well as write for the Real Estate sector of Daily Reuters.

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