Report - blockchain

Report - blockchain

According to reports, the e-commerce giant Amazon has recently invested in a fractionated sports collecting card marketplace called DIBBS. The platform based on the Wax-Blockchain enables users to buy and sell fractions of collective cards. According to reports, the financial conditions of the support of DIBBS by Amazon were not announced.

reports show that Amazon has entered the area of ​​digital collectibles

Non-fungable tokens (NFT) assets and digital collectors recorded a lot of speed in 2021 and it seems that everyone wants a piece of the billion dollar industry. Only recently Collective card platform has invested dibbs . "We are pleased to be able to tell you that Amazon has entered the area of ​​collectibles by investing in the area of ​​collector's areas," tweeted the official Twitter account of the Wax-Blockchain on December 8th. "[Dibbs] is a market for fractional cards in real time that uses the Wax Virl NFT technology."

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dibbs was founded in 2020 and the platform enables members to list collecting cards and shape them in NFTs, then the NFTs can also be fractionated. Although Amazon's investment was not announced, the startup collected $ 16 million in a funding round of Serie A in July. The investors of series A DIBB included athletes such as Chris Paul, Channing Frye, Deandre Hopkins, Kevin Love, Kris Bryant and Skylar Diggins-Smith. In addition, Serie A was also supported by Foundry Group and Tusk Venture Partners in July.

The company has officially introduced a marketplace called "Sell with Dibbs", which enables owners to sell their collectibles and also evaluate and fractionate pieces. DIBBS founder and managing director Evan Vandenberg explains that NFTS and digital collector's items generally make the collector's market more accessible. "The market for collector's pieces was too long of entry barriers that make it inaccessible and unfair," said Vandenberg said in a explanation last week. The DIBBS manager added:

Traditional property has restrictions that remove the emerging meta verse. The shift of these collectibles, which really represent the online personality of a person, into the digital domain is of crucial importance for the future of property and identity.

Dibbs Eyes Other types of digital collector's pieces, fractional collector's pieces will be a big matter in 2021

The CEO of Dibbs also noticed that cards are not the only focus that its startup focuses on and the company is considering to go other ways. "Cards are one thing we do, but it's one thing," said Vandenberg. "It can be so much larger than cards." In addition to the DibBS concept fractionalization of nfts developed into a significant trend that records exponential growth. Blockchain projects that make progress with fractional NFTs include platforms such as otis , unicly , fraction , and daofi .

Cryptopunk-collector pieces were also fractionated also the famous doge Nft . Last week the Ross Ulbricht Genesis NFT Collection collected over $ 6 million at an auction and the collection is broken down into pieces and among the members of a decentralized autonomous organization (DAO).

What do you think that Amazon is supposed to invest in the fractionated NFT collection card platform based on the Wax-Blockchain called Dibbs? Let us know your opinion on this topic in the comments below.

Photo credits : Shutterstock, Pixabay, Wiki Commons, Dibbs, Amazon,

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