News > Amazon could be gearing up to enter NFT space around April: Report

Amazon could be gearing up to enter NFT space around April: Report

Amazon could be gearing up to foray into the digital assets industry in 2023. NFTs, or Non-Fungible Tokens, are digital collectibles, that are built on blockchains that transfer their complete ownership to the buyers. If Amazon does enter the NFT arena, it could singlehandedly drive a mass engagement of people with digital assets. Amazon’s plans to dabble in the Web3 space could have the platform encourage its customers to play games and earn NFTs as rewards.