Amazon is developing an NFT platform in stealth mode

South Africa News News

Amazon is developing an NFT platform in stealth mode
South Africa Latest News,South Africa Headlines
  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 78%

Amazon is developing an NFT platform in stealth mode Amazon NFT nonfungibletoken

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

The main focus of the offering is on blockchain-based gaming and related NFT applications, including one application that is specifically designed to entice Amazon customers to play crypto games and claim free NFTs in the process. Early iterations of the plan included a goal to do at least one NFT drop with an artist, and Amazon executives reached out to at least one family office to explore interest in that idea. Since that time, the company’s plans have apparently evolved to include gaming and more user interaction.

It’s likely that the company will need to do a number of internal hires as it moves forward with its plans, one source said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

KitcoNewsNOW /  🏆 13. in CA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BAYC profits soar as NFT demand rises, but what has holders anxiousBAYC profits soar as NFT demand rises, but what has holders anxiousBAYC holders were observed to be in profit as demand for the NFT increased. APE token price rose, but network growth continued to decline. In a recent development, it was discovered that holders of the Bored Ape Yacht Club [BAYC] were profitable over the last few months. The NFT asset outperformed many others in the […]
Read more »

Opinion | Don’t pine for spring, embrace the benefits of winterOpinion | Don’t pine for spring, embrace the benefits of winterOpinion: Don’t pine for spring, embrace the benefits of winter. Hunkering down inside during the winter keeps us from experiencing the mental, physical, and social health benefits of spending time outdoors.
Read more »

Drew Barnes announces he won’t run under UCP banner in spring election | Globalnews.caDrew Barnes announces he won’t run under UCP banner in spring election | Globalnews.caThe three-term representative for Cypress-Medicine Hat announced Wednesday he will not seek the UCP nomination in his riding ahead of the spring vote.
Read more »

Top Prospects Game a spring team reunion for Connor Bedard, fellow top B.C. drafteesTop Prospects Game a spring team reunion for Connor Bedard, fellow top B.C. drafteesSix of the best 2023 NHL Draft prospects, among them the consensus No. 1 choice, all played on the same Vancouver Vipers kids team.
Read more »

Amazon axes charity donation program, nonprofits concernedAmazon axes charity donation program, nonprofits concernedAmazon's surprise decision to shut down its AmazonSmile donation program has left thousands of its nonprofit beneficiaries disappointed and concerned about finding ways to replace the funding. The e-commerce giant had launched AmazonSmile in 2013, contributing 0.5% of every purchase made by participating customers to the charity of their choosing. As of 2022, the company said it has donated $449 million to various charities.
Read more »

Border agencies in Canada, U.S. detail how new Nexus trusted-traveller plan will workBorder agencies in Canada, U.S. detail how new Nexus trusted-traveller plan will workThe biggest change, to take effect in the spring, will allow U.S. border agents to interview Nexus applicants at select Canadian airports.
Read more »



Render Time: 2025-03-30 17:02:12