eBay introduces its first NFT collection

Ebay is one of the most recent corporations to enter the NFT market. This week, eBay announced the launch of the first ever collection of non-fungible tokens (NFTs). This NFT collection will be released in collaboration with OneOf, a web3 platform.

eBay NFT collection
eBay | Image: Optimisus

OneOf is an NFT platform that delivers new innovation to the sports and music industries. On its platform, it titled an NFT collection "Genesis" to debut it.

This new "Genesis" NFT collection will include 3D and animated renditions of a number of legendary sportsmen who have appeared on Sports Illustrated covers in the past few years.

As per the statement, there are 13 limited-edition digital collectibles in this collection, including green (299 editions), gold (199), platinum (99), and diamond (15) NFTs.

According to Dawn Block, eBay's Vice President of Collectibles, Electronics, and Home, NFTs and blockchain technology are transforming the collectibles industry, and are increasingly being seen as an investment possibility for collectors.

In addition, Dawn Block said that eBay has partnered with OneOf to make rare NFTs more accessible to a new generation of collectors around the world.