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eBay drops the first NFT collection for non-cryptocurrency buyers

E-commerce giant eBay has officially launched its first NFT collection. A series of tokenized collectibles featuring National Hockey League (NHL) legend Wayne Gretzky will go on sale May 23.

The NFT collection features animated versions of Gretzky inspired by Sports Illustrated magazine covers. They come in four different levels of rarity, including green at 299 per token, gold at 199, platinum at 99 and diamond at 15.

The collection is already for sale on the eBay marketplace, but the limited edition diamond, platinum and gold tokens priced at $1,500, $100 and $25 apiece have already sold out.

According to an eBay statement, the collection was developed in partnership with NFT OneOf's environmentally oriented platform, which supports multiple "energy-efficient blockchains" to ensure the sustainability of NFT collections.

eBay originally allowed NFT listings around mid-2021, but has yet to integrate blockchain technology to support sales on its marketplace. As for this official reset, users are sent a redemption link via messages in the platform or email to get their NFTs off the platform.

NFTs were mined on Polygon's Ethereum-scale platform and can be put up for secondary trading on OneOf.

Secondary trading of NFTs on OneOf has been minimal so far, with only three users putting up platinum-level tokens at a minimum price of $199 and one user putting up gold-level NFTs at $69.

Commenting on the drop, eBay Vice President of Collectibles, Electronics and Home, Dawn Block, said NFT technology is "revolutionizing the collectibles space," and stressed that the company is committed to bringing NFT to major collectors around the world.

"Through our partnership with OneOf, eBay is making coveted NFTs more accessible to a new generation of collectors worldwide. This reinforces our commitment to providing eBay buyers and sellers the opportunity to purchase high-value items with great passion."
Related: eBay to add cryptocurrency payment options soon, CEO says

OneOf CEO Lin Dai echoed a similar sentiment, noting that the duo aims to make NFTs accessible to people who aren't well-versed in cryptocurrencies:

"You don't have to be an expert in cryptocurrencies to buy, sell and collect NFTs. OneOf and eBay offer transformative Web3 technology to the next 100 million mass consumers who don't own cryptocurrencies."