Amazon to Reportedly Debut NFT Marketplace Next Month

• The service will initially be available to U.S. users only.
• Anyone without access to cryptocurrency wallets like MetaMask may still purchase NFTs.

According to reports, the tech giant Amazon will debut its NFT marketplace next month, with 15 NFT collections accessible right away. Word on the street is that the “Amazon Digital Marketplace” will officially go live on April 24. The service will initially be available to U.S. users only, but expansion to other nations is planned.

Amazon, says the insider, will begin selling about 15 NFT collections on day one. One may find the NFT collections on Amazon by going to the “Amazon Digital Marketplace” area of the website. All NFT purchases will be made only via the Amazon account and with a credit card.

Anyone without access to cryptocurrency wallets like MetaMask may still purchase NFTs by using Amazon’s NFT service. Amazon has been planning the rollout of its NFT services for at least a year. Nevertheless, due to FTX’s demise, the launch was postponed.

Amazon Furthers Its Integration into Web3

Amazon Web Services and Ava Labs formed a partnership in January with the intention of hastening the spread of blockchain technology. Amazon furthers its integration into the Web3 ecosystem with the introduction of an NFT marketplace. It’s up there with other industry leaders like Meta and Google.

For the node-generation service, it was previously stated that Amazon has also teamed with Chainlink (LINK). In addition, AWS has partnered with the public blockchain VeChainThor to provide carbon management services on the blockchain.

A launch of Amazon NFT is reportedly being prioritized for the next quarter, corroborating earlier claims. It seems the firm’s strategy is to require customers to participate in crypto games in exchange for free NFTs.

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