eBay has decided it will permit sales of NFTs in near future. The strategic move to expand its pool of buyers and sellers on the platform comes just a week after eBay told the press it was considering cryptocurrency payments and allowing the sale of NFTs.
“In the coming months, eBay will add new capabilities that bring blockchain-driven collectibles to our platform. I’m looking forward to bringing on new creators to share their passions in ways we can’t even imagine yet,” Jordan Sweetnam, eBay’s Senior Vice President, said in a blog post.
eBay’s policy which reads “All listings on eBay must offer either a physical item or a service for sale,” is soon to be changed, and only eBay-approved sellers will be able to sell their NFTs on the platform. Users will have to purchase digital tokens on eBay.