Amazon is interested in non-fungible tokens investment

[Lens1000]

The non-fungible token is gaining traction everyday and plethora of crypto enthusiast are dipping toes into the project. The endless opportunities provided by the NFT is so much that most of the crypto investors are getting into the fortune provided by the NFT space. We have seen plethora of companies, institutions and individuals minting their collectibles into NFTs. Even the Ukraine are have rolled out the NFTs of the major events of the war . The money that was made was used to support the Ukraine army.

Amazon is one of the big companies that has eyes on the NFT projects. If the company could invest on the NFTs, it will improve the non-fungible token space in a great deal. The improvement that will be recorded will be very pronounced because amazon would be a whale in the blockchain space. The information was released by the CEO of Amazon, Jassy. He stressed tat he is not currently holding bitcoin and the NFTs but the company is interested in NFTs in the future. This is a very good news for the blockchain ecosystem and we are anxiously expecting it to come to reality.

What is your contribution to the issue .

 

[Flow-er]

The Amazons is a very big conglomerate in two e-commerce industry. The involvement of this company in the cryptography ecosystem will be big contribution to the growth of the space. You could remember what happened when a news broke out on the acceptance of the cryptocurrency as payment option by the company. The price of cryptocurrencies went up , especially the prices of bitcoin when up very quickly before we got to know that the news was fake. You could imagine the power in the acceptance of cryptocurrency by Amazon. We need instructional whales like amazon in the cryptocurrency space to push the price up very well. So, when the company showed interest on the use of the non-fungible tokens, it was a very good news and you could imagine the significant increase that will be witnessed by the space. I am of the opinion that amazon should mint its collections into NFTs and display them on the NFT marketplace for buying and selling. It is perhaps a very important thing that should be considered. Amazon could even go extras length by creating its own NFT enabled blockchain. This will provide a space for the NFT collectibles for buying and selling purposes.