eBay Launches First NFT Offering on Polygon


Polygon hosts 3D renderings of Canadian hockey star Wayne Gretzky for the e-commerce giant’s inaugural NFT drop.

The multi-chain NFT marketplace OneOf and the global e-commerce giant announced their alliance in a press statement on Monday. “Genesis” is a collection of animated 3D renderings of great players published in Sports Illustrated, one of the most prominent sports publications in the United States.

As of right now, the NFT collection’s first drop may be purchased on eBay. Wayne Gretzky’s Sports Illustrated covers are shown in this animated version of the magazine. When Sports Illustrated put him on the cover 40 years ago, “it was a momentous event in my life,” Gretzky recalled in a news statement announcing the collection. Limited-edition NFT packs will be available for sale on eBay beginning at $10 for the first time under the company’s four-tiered system of rarities.

The Genesis NFTs bought off on eBay are sold in US dollars, unlike most other NFTs, which are often traded for other cryptocurrencies. eBay’s Web2 platform is used to handle the transactions, and the assets are given to the purchasers through a redemption link issued via chat or email.

eBay’s vice president of antiques, electronics, and home, Dawn Block, commented on the company’s first NFT drop:

Blockchain technology and NFTs, which are transforming the collectables market, are increasingly being considered as investment potential for collectors. A new generation of NFT collectors may now get their hands on highly sought-after collectables thanks to eBay and OneOf. eBay merchants and customers alike may expect a steady stream of high-quality, high-priced products in the future.

OneOf is a marketplace where users may buy and trade NFTs that are housed on the Ethereum scaling solution Polygon. Diamond-tiered NFTs had sold eight of the 15 available at press time.

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