• About
  • Advertise
  • Privacy & Policy
  • Contact
Cryptos Valuator
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Exchanges
No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Exchanges
No Result
View All Result
Cryptos Valuator
No Result
View All Result
Home News

eBay’s First NFT Collection Launches on Polygon

May 27, 2022
in News
0
eBay’s First NFT Collection Launches on Polygon
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

Polygon now hosts NFTs, which may be purchased on eBay’s Web2 platform. With digital hockey collectibles, the e-commerce titan is testing the NFT waters.

Digital collectibles featuring hockey star Wayne Gretzky will be the first NFTs on eBay. Gretzky, 61, is widely regarded as the best player of all time, having played in the NHL for three decades and winning four Stanley Cups. The Gretzky NFTs, which are one-of-a-kind Ethereum sidechain tokens that represent ownership, were created in collaboration with Sports Illustrated and the NFT platform OneOf.

There are 13 different versions of NFTs, ranging in price from $10 to $1,500, each of which is a 3D recreation of a younger Gretzky in various stances, comparable to an action figure. Gretzky’s digitized autograph can be found on several of the NFTs.

In a statement, Gretzky stated, “Forty years ago, I was grateful to be on the cover of Sports Illustrated; it was a monumental moment in my life,” “I’m honored to bring this collectible experience to my hockey fans who have followed my career for decades.”

However, OneOf has already faced backlash for introducing the NFTs on Polygon rather than the Tezos blockchain.

“OneOf believes the future is multi-chain and we made the decision to go with Polygon on the initial Sports Illustrated drops (Emmitt Smith, Jerry Rice, and Dick Butkus) to build a bigger tent and bring new users into the OneOf ecosystem,”

After the Gretzky launch, eBay announced that it would continue its push into NFTs with digital reinterpretations of several Sports Illustrated covers later this year.

From NBA Top Shot to Tom Brady’s Autograph, many in the sports business have become early adopters of crypto and NFTs. Despite the current backlash and market dip, the crypto industry does not appear to be losing interest.

Along with most other NFTs, which are normally offered in exchange for other cryptocurrencies, such as Ethereum, the Genesis NFTs on eBay are sold in US dollars. Additionally, the sales will take place via eBay’s Web2 platform rather than on-chain, and the assets will be handed to their respective buyers via a redemption code issued via chat and email.

Dawn Block, eBay’s vice president of collectibles, electronics, and home, spoke of the company’s first NFT drop:

“NFTs and blockchain technology are revolutionizing the collectibles space, and are increasingly viewed as an investment opportunity for enthusiasts. Through our partnership with OneOf, eBay is now making coveted NFTs more accessible to a new generation of collectors everywhere. This builds upon our commitment to deliver high-passion, high-value items to the eBay community of buyers and sellers.”

The NFTs will be hosted on the Ethereum scaling solution Polygon and accessible for resale on the OneOf marketplace, according to eBay’s collection description. At the time of publication, eight of the fifteen diamond-tiered NFTs had been sold.

Previous Post

Bitcoin Drops Near $27K, Altcoins Post Double Digit Losses With 1 Billion Worth Liquidated; Here’s What Might Be Next

Next Post

Coinbase Makes Fortune 500 List Amidst Bearish Market

Next Post
eBay’s First NFT Collection Launches on Polygon

Coinbase Makes Fortune 500 List Amidst Bearish Market

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 114 Followers
  • 23.6k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Venezuela Considers Proposal to Include Bitcoin in Central Bank Reserves

Venezuela Considers Proposal to Include Bitcoin in Central Bank Reserves

June 23, 2021
Newegg Expands Bitcoin Payment Option To 73 More Countries

Newegg Expands Bitcoin Payment Option To 73 More Countries

July 4, 2021
World of Ether Goes Live on Ethereum Mainnet, Soon Becoming Top Ranked Crypto Game

Black Friday Drags Crypto Market Down, Bitcoin & Ethereum Price Plunges

August 4, 2021
World of Ether Goes Live on Ethereum Mainnet, Soon Becoming Top Ranked Crypto Game

Enterprise Ethereum Alliance Opens Regional Office In South Korea

August 6, 2021
UPbit Audit Reveals That South Korea’s Cryptocurrency Exchange is Not Guilty

UPbit Audit Reveals That South Korea’s Cryptocurrency Exchange is Not Guilty

Goldman Sach’s Cryptocurrency Startup Circle Raises $110 Million Led By Bitmain Technologies

Goldman Sach’s Cryptocurrency Startup Circle Raises $110 Million Led By Bitmain Technologies

NASDAQ-Powered Crypto Exchange To Go Live in June 2018

NASDAQ-Powered Crypto Exchange To Go Live in June 2018

Why is ZCash Price Rising ? | Latest Crypto News

Why is ZCash Price Rising ? | Latest Crypto News

Binance Used by North Korean Hackers To Launder $5.4 Million: Reuters

Binance BNB Now in the Spotlight as U.S SEC Investigates Violations

June 24, 2022
Binance Used by North Korean Hackers To Launder $5.4 Million: Reuters

PayPal Adds User Function To Transfer Bitcoin and Ethereum to External Wallets

June 22, 2022
Binance Used by North Korean Hackers To Launder $5.4 Million: Reuters

Binance Used by North Korean Hackers To Launder $5.4 Million: Reuters

June 20, 2022
Senate Candidate Proposes Making Dogecoin “Legal Tender” in California

Shiba Inu Now Finally Listed on Europe’s Largest Exchange, Bitstamp

June 17, 2022

Recent News

Binance Used by North Korean Hackers To Launder $5.4 Million: Reuters

Binance BNB Now in the Spotlight as U.S SEC Investigates Violations

June 24, 2022
Binance Used by North Korean Hackers To Launder $5.4 Million: Reuters

PayPal Adds User Function To Transfer Bitcoin and Ethereum to External Wallets

June 22, 2022
Binance Used by North Korean Hackers To Launder $5.4 Million: Reuters

Binance Used by North Korean Hackers To Launder $5.4 Million: Reuters

June 20, 2022
Senate Candidate Proposes Making Dogecoin “Legal Tender” in California

Shiba Inu Now Finally Listed on Europe’s Largest Exchange, Bitstamp

June 17, 2022
Cryptos Valuator

Follow Us

Browse by Category

  • Altcoin News
  • Bitcoin
  • Bitcoin News
  • Blockchain
  • Blockchain News
  • Business
  • Coins
  • Cryptocurrency
  • Cryptonews Deals
  • DeFi News
  • Economy
  • Ethereum
  • Ethereum News
  • Events
  • Exchanges
  • General
  • ICOs
  • Industry Talk
  • Markets
  • News
  • NFT News
  • Opinion
  • Press Releases
  • Regulation
  • special site
  • Sponsored
  • World

Recent News

Binance Used by North Korean Hackers To Launder $5.4 Million: Reuters

Binance BNB Now in the Spotlight as U.S SEC Investigates Violations

June 24, 2022
Binance Used by North Korean Hackers To Launder $5.4 Million: Reuters

PayPal Adds User Function To Transfer Bitcoin and Ethereum to External Wallets

June 22, 2022
  • Terms & Conditions
  • Privacy Policy

© 2021 Cryptos Valuato

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Exchanges

© 2021 Cryptos Valuato