Amazon, the world’s largest e-commerce behemoth, is reportedly preparing to launch its highly anticipated non-fungible token marketplace before the end of this month. The e-commerce giant was scheduled to launch the new NFT marketplace sometime in April but was supposedly delayed due to technical glitches.<\/p>\n
In recent weeks, rumors have been swirling that Amazon is planning to release its own non-fungible token marketplace. Even though Amazon has not yet commented on the reports, people familiar with the matter have projected that the most-awaited NFT marketplace will launch this month.<\/p>\n
Established in July 1994, Amazon is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Amazon is one of the largest e-commerce globally, featuring more than 197 million active monthly users.<\/p>\n
The e-commerce behemoth was reportedly scheduled to launch its non-fungible token market platform in 2022. Earlier this year, Crypto news site Blockworks<\/a> first touted the same idea, citing anonymous sources. Since then, more crypto news websites, including \u201cThe Big Whale<\/a>,\u201d have made the same guess.<\/p>\n In a May 3 blog post, Moritz, an on-chain researcher, and NFT collector, who has been in the non-fungible token market since 2021, has drawn an imagery picture of how the highly anticipated Amazon NFT market platform will probably look like.<\/p>\n Amazon is launching its NFT marketplace in 12 days and it is huge for web3.<\/p>\n Everything you need to know and why you should care about it\ud83e\uddf5\ud83d\udc47<\/p>\n (1\/14) pic.twitter.com\/NaCWOsPxLR<\/a><\/p>\n — Moritz (@duk0iq) May 3, 2023<\/a><\/p><\/blockquote>\nThe Amazon NFT Marketplace Overview<\/h2>\n
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