China Legal Blog
Aggregated China Law Information
eBay to Allow Non-Fungible Token on its Platform
Aggregated Source: ChinaLegalBlog.com
MediaIntel.Asia

May 17, 2021
Tuesday, May 11, Ebay Inc. allowed the sale of non-fungible tokens for digital collectibles like trading cards, images, or video clips on its platform.
Senior Vice President of eBay Jordan Sweetnam announced in a blog post that the company will now permit sales of non-fungible tokens, or NFTs, from approved eBay sellers, with plans to expand the pool of sellers in the future.
“In the coming months, eBay will add new capabilities that bring blockchain-driven collectibles to our platform,” Sweetnam said.
Moreover, the announcement comes after eBay’s statement last week about cryptocurrency. The company said that It was open to the chance of accepting crypto as a form of payment in the future. Also, it was looking at ways to get NFTs on its platform.

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

Original URL: Click here to visit original article