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NFTs Moving Towards Mainstream

Originally aired on January 31, 2023

Bitcoin and other cryptocurrencies are on the rise, as the total crypto market cap reaches over a trillion dollars. Circle’s USDC stablecoin has reported that it has a dollar for dollar backing of its reserves. Amazon is rumored to be planning an NFT initiative in the near future.

Is Amazon Entering the NFT Space?

  • Amazon has announced plans to enter the NFT space, beginning with blockchain gaming.
  • This move has been anticipated for some time, as job postings have hinted at Amazon’s interest in web3 technology.