eBay launches first NFT collection with four rarity levels

Dawn Block, the vice president of collectibles, electronics, and home, at eBay said that NFT is “revolutionizing the collectibles space.”
Dawn Block, the vice president of collectibles, electronics, and home, at eBay said that NFT is “revolutionizing the collectibles space.”

With a series of tokenized collectibles showcasing National Hockey League (NHL) legend Wayne Gretsky that went live on Monday, e-commerce giant eBay officially launched its first NFT drop.

The animated renderings of Gretsky in the NFT collection were inspired by Sports Illustrated magazine covers. They are available in four different rarity levels: green (299 editions), gold (199), platinum (99), and diamond (15).

The collection is now live for sale on eBay’s marketplace. The $1,500 diamond, platinum, and gold tiers, as well as the limited-edition diamond, platinum, and gold tiers, have already sold out.

The collection was created in collaboration with OneOf, an environmentally focused NFT platform that enables different “energy-efficient blockchains” to bring sustainable NFT collections, according to eBay’s release.

The NFTs were created on the Ethereum scaling platform Polygon and can be sold on OneOf as a secondary market.

However, there has been little secondary trade for the NFTs on OneOf so far, with only three users advertising platinum tiered tokens at a floor price of $199 and one user listing a gold tier NFT for $69.

eBay to contribute on revolutionizing the collectibles space

Dawn Block, the vice president of collectibles, electronics, and home, at eBay commented on the drop, saying that NFT technology is “revolutionizing the collectibles space” and that the company is working to introduce NFTs to popular collectors across the world:

“Through our partnership with OneOf, eBay is now making coveted NFTs more accessible to a new generation of collectors everywhere. This builds upon our commitment to deliver high passion, high-value items to the eBay community of buyers and sellers.”

The company previously announced NFT listings last year but has not integrated blockchain technology to start the sale on its platform. In February as TheCoinRise reported, the company announced that it is taking the step forward into the space by accepting crypto as payments.