Published on March 9, 2023
In Global Tech

Amazon Arrives Late to NFT Party

Amazon’s NFT marketplace seems like an ambition too late.

By Vandana Nair

Amazon has been teasing its foray into the NFT world since January 2023. Claiming to have the marketplace in development stage, a new report by the Blue Whale claims that Amazon will be ready with their NFT platform by April 24 of this year. The platform is set to be available as a separate tab—‘Amazon Digital Marketplace’—at the site. It will be available in the United States first and will open to the rest of the world later. Since Amazon is a retail ecommerce marketplace, the introduction of NFT on its platform will be a first of its kind. As of last year, Amazon is said to have over 310 million users. With its wide reach and legacy built over the years, Amazon’s adoption of NFTs among their customers might be interesting to observe. It is reported that Amazon shoppe

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Vandana Nair

As a rare blend of engineering, MBA, and journalism degree, Vandana Nair brings a unique combination of technical know-how, business acumen, and storytelling skills to the table. Her insatiable curiosity for all things startups, businesses, and AI technologies ensures that there's always a fresh and insightful perspective to her reporting. She now hosts her tech segment 'Point Break' on AIM Tv.