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"E-commerce giant Amazon also sees NFTs as the best choice for e-commerce and even mentions that there won't be Bitcoin trading in the short term. Recently, Bitcoin also experienced a 35% drop, which is quite alarming, and it makes one wonder whether the prices of Bitcoin's ups and downs for sellers will be different every day.
Amazon CEO Andy Jassy, in an interview with CNBC, stated that Amazon will not be involved in cryptocurrency business in the short term. However, he expressed optimism about the future of cryptocurrency and the prospects of NFTs, and he responded to CNBC, saying, ""I don't own any Bitcoin myself."" In July of last year, Amazon's founder Bezos stepped down from the CEO position, handing it over to Jassy. Interestingly, since July of last year, Amazon has been actively seeking cryptocurrency experts and exploring new payment and business strategies, leading many to believe that changes were brought in with the new leadership. Andy Jassy mentioned, ""We can't increase the use of cryptocurrency payments in our retail business right now, but over time, you will see cryptocurrency becoming more powerful."" It's clear from the interview that they have a strong interest in NFTs.
In the interview, Jassy repeatedly expressed Amazon's keen interest in the NFT business. He believes that NFTs are well-suited for e-commerce platform operations because this technology is closely related to music, the internet, and digital art, which are products that Amazon sells in some countries. Reports indicate that NFTs are popular worldwide. According to data from Nonfungible.com, the transaction volume of NFTs reached $17.6 billion last year, increasing by $21,000 compared to 2020. Jassy concluded by saying, ""I think it's possible on (e-commerce) platforms, and, you know, I expect the NFT market to grow significantly.""
It seems that Amazon might be the first e-commerce business to embrace NFTs." |
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Post time 2-11-2023 21:06:37