NFTs to be bought and sold on

By Lauren Fruncillo May 12, 2021 - 5:31 pm

In a post to sellers on their platform, eBay have recently made an announcement that they will be expanding into NFTs, allowing non-fungible tokens to be sold and purchased on the platform. If you want to learn more about NFTs we covered the trend last month.

“Today we are updating eBay’s policy to include the sale of NFTs. In the short term, NFT inventory will be provided by trusted sellers who meet our high standards, across categories like trading cards, music, entertainment and art.

“This is only the beginning. This initial rollout will help us learn more about what’s important to our community. Expect to see programs, policies and tools that will allow our audiences to buy and sell NFTs with greater ease and confidence, across a broader range of categories.”
– Jordan Sweetnam, Senior Vice President and General Manager, eBay North America

eBay have recognized that NFTs offer greater access to a broader audience of collectors and creators. In the same way digital publishing brought more exposure for writers, digital collectibles bring greater opportunity for artists and creators and eBay are combining their global reach with the principle that anyone can find almost anything on their platform.

“eBay has always been the world’s destination for buying and selling the most unique and hard-to-find items – and we’ll continue to be the destination for collectors of all kinds, physical or digital. This opportunity unlocks new assets for collecting, new ways for people to fuel their passion, and expands eBay’s appeal to a new generation of collectors.”
– Jordan Sweetnam, Senior Vice President and General Manager, eBay North America

You can read the full announcement from eBay here.

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