There's been ongoing speculation that leading ecommerce company Amazon.com Inc (NASDAQ: AMZN) may get more heavily invested in the Web3 space. Here’s a look at the latest rumor involving an NFT marketplace and upcoming launch.
What Happened: Fresh off the heels of a January report that Amazon was exploring NFT initiatives to launch in Spring 2023, a new report has emerged with a launch date and more details.
Amazon is set to launch an NFT marketplace called either “Amazon NFT Marketplace” or “Amazon Digital Marketplace” on April 24, according to a report from Coingape.
The marketplace will have 15 NFT collections available at the initial launch in the United States before expanding to other countries. The collections will be able to be purchased from a user’s Amazon account and through a credit card.
The report said Amazon has not indicated plans to integrate cryptocurrency payments at this time.
Amazon has announced partnerships with cryptocurrency related companies Ava Labs (CRYPTO: AVAX) and Chainlink (CRYPTO: LINK) previously in a move to accelerate its blockchain initiatives.
Reports previously linked Amazon to having crypto related games that reward users with free NFTs.
Amazon had a recent job posting for a “Web3 global program manager.” The job posting calls for a person to help its ambition with AWS customers in the Web3 space.
“The AWS Compute, Storage & Edge Worldwide Specialist Organization is seeking a motivated, detail-oriented, data-driven, entrepreneurial Program Manager,” the posting reads.
The candidate will focus on “creating and overseeing programs and mechanisms... and drive web3 initiatives that will shape the overall future growth of the web3 business.”