Ebay introduces Genesis NFF collection with a falling market interest

Ebay introduces Genesis NFF collection with a falling market interest

The e-commerce giant Ebay tries to get into the NFT game, despite the falling interest, which is represented by the overall total sales and a shrinking crypto market.

According to a press release on Monday, the non-fungible token collection "Genesis" by eBay 3D and animated interpretations of legendary athletes that come over the years of Sports Illustrated-Covers should contain.

The e-commerce platform has entered into a partnership with Oneof-an NFT platform that advertises the support of NFTs through several "energy-efficient" blockchains. First in the collaborative series, the Canadian ice hockey legend Wayne Gretzky will be shown, which shows characteristic moves of her career on the ice.

It was not immediately clear whether Ebay or Oneof had secured the rights to reuse the pictures of Sports Illustrated. A spokesman for both parties did not immediately answer a request for comment.

The companies try to meet all the right tones by making their advertised environmentally friendly, trendy technology of a consumer base available, which apparently is still hungry for blockchain-based collector's pieces.

The Current collection contains thirteen digital collectors in limited edition, which relate to a step -based system, the 299 separate nfts in the steps, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, Contains platinum and diamond.

Further publications by Oneof's sports legend-NFT series that recycle legendary Sports Illustrated Cover will take place in partnership with eBay, the companies said.

The advance from Ebay in the NFT market follows his greatest competitor Amazon and his CEO Andy Jassy, ​​who told CNBC last month that he would stand a " possible "future, in which the NFTS platform sold.

nfts Who is that interested?

Despite the interest of online sales giants, the activity on the NFT market has stalled alongside falling prices in the entire cryptom market.

according to the quarterly NFT for Q1 2022 Markt report Exchange volume and the total number of active addresses with digital collecting objects have decreased steadily since the highest level in January.

In fact, the total number of sales from May 15th was around 25,518, as data showed. This has dropped to around 23.117 since then, according to the observed the latest over a period of one week. In September the week average was around 225,000 individual sales.

A decline in this size is probably due to the knowledge of many NFT owners that their expected returns from secondary market sales are not as hoped.

Nevertheless, both Oneof and Ebay remain steadfast, according to the CEO of the NFT platform, Lin Dai, will lead to the "next 100 million non-crypto-native mass consumers".

"NFTS and blockchain technology revolutionize the collector's area and are increasingly being viewed as an investment option for enthusiasts," said Dawn Block, VP of Collectibles, Electronics and Home on Ebay. "Due to our partnership with OneOF, eBay now coveted NFTs for a new generation of collectors more accessible everywhere."

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The Ebay post starts "Genesis" NTFT collection in the middle of falling market interest is not a financial advice.