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Non-Fungible Tokens (NFTs) have taken the digital world by storm in recent years, with the market for NFTs surging to unprecedented heights.
NFTs are unique digital assets that are verified on a blockchain, making them immutable, secure, and scarce. They are often used to represent art, music, collectibles, and other creative works.
The growing popularity of NFTs has led to many companies exploring the potential of these assets.
Amazon, one of the world’s largest e-commerce platforms, is set to launch an NFT marketplace called either “Amazon NFT Marketplace” or “Amazon Digital Marketplace” on April 24, according to a report from Coingape.
Amazon’s entry into the NFT space is significant, as it brings a new level of legitimacy to the market.
The e-commerce giant has a massive customer base, which is likely to drive demand for NFTs even higher.
According to today’s Benzinga story on it, launching without a crypto option or the necessity to have a crypto wallet could be a use case study to see if it onboards more people to the Web3 space.
People like myself and many who I know, who do not want to delve into the crypto realm, will now be able to purchase these tokens using regular old USC.
