eBay NFT Drop Features Sports Themed Collectibles at Low Costs

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eBay has recently announced the launch of the NFT collection in collaboration with the web3 platform OneOf. The eBay NFT collection will comprise 3D and animated interpretations of hockey player Wayne Gretzky and other athletes. The company intends to sell NFTs at a starting price as low as $10 each. 

eBay releases first NFT collection to non-crypto mainstream buyers

 

What is the eBay NFT Collection all about? 

The first NFT collection is already available to purchase on eBay and includes 13 limited edition digital collectibles as green, gold, platinum and diamond-tier NFTs. These NFTs feature 3D or animations reminiscent of Gretzky making signature moves. The company plans to drop additional collections featuring more athletes throughout the year. 

Dawn Block, eBay’s vice president of collectibles, electronics, and home, said:

“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.”

eBay’s first NFT drop features 3D renditions of the Canadian hockey legend Wayne Gretzky

Unlike most other NFTs, which are usually sold in exchange for cryptocurrencies such as Ethereum, eBay NFT collectibles are sold in US dollars. Additionally, ‌primary sales are conducted through eBay’s Web2 platform rather than on-chain. After which the NFTs will get delivered to the respective buyers via a redemption link sent via chat and email. 

Since eBay has partnered with OneOf, it will utilize energy-efficient blockchain technology and claims to use “more than 2 million times less energy”. Ethereum scaling solution – Polygon will host the NFTs, which can be sold on the OneOf marketplace. Last week, Spotify also announced that it is testing a new feature that will allow artists to promote their NFTs on their profiles.