eBay Launches First Collection of NFTs in Partnership with Green Web3 Company OneOf

Rhea-AI Summary

eBay has announced the launch of its first NFT collection in collaboration with OneOf, an eco-friendly NFT platform. This exclusive series features 3D and animated collectibles of renowned athletes, starting with Wayne Gretzky, priced from $10. The collection comprises 13 limited-edition NFTs, available in tiered editions ranging from 299 to just 15. eBay aims to enhance accessibility of NFTs for new collectors and capitalize on the growing market for collectibles, combining its vast inventory with innovative blockchain technology. Additional NFT drops are expected throughout 2022.

Positive

• Launch of first NFT collection enhances eBay's position in the growing collectibles market.
• Partnership with OneOf combines eBay's market reach with eco-friendly blockchain technology.
• Affordable pricing of NFTs starting at $10 increases accessibility for fans.

Negative

• None.

Series will bring new, unmatched inventory to collectors - with 3D and animated interpretations of Sports Illustrated covers of iconic athletes like Wayne Gretzky

SAN JOSE, Calif., May 23, 2022 /PRNewswire/ -- eBay, a global commerce leader that connects millions of buyers and sellers around the world, announced the launch of a series of exclusive NFTs through a strategic partnership with OneOf, a premier green NFT platform for communities across music, sports, and lifestyle. Through this partnership, eBay combines its global reach and unmatched inventory – and OneOf's eco-conscious Web3 technology – to continue to bring a seamless experience that allows enthusiasts to buy and sell high passion and high value items with confidence.

"NFTs and blockchain technology are revolutionizing the collectibles space, and are increasingly viewed as an investment opportunity for enthusiasts," said Dawn Block, VP Collectibles, Electronics and Home at eBay. "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."

eBay's first-ever "Genesis" NFT Collection will feature 3D and animated interpretations of the iconic athletes featured on Sports Illustrated covers over the years, the first of which – available beginning today at eBay.com/oneofgretzkynft – features record-breaking Canadian hockey legend Wayne Gretzky.

"Forty years ago, I was grateful to be on the cover of Sports Illustrated, it was a monumental moment in my life," says Wayne Gretzky, Sportsman of the Year. "I'm honored to bring this collectible experience to my hockey fans who have followed my career for decades."

The collection includes thirteen limited-edition digital collectibles as green, gold, platinum, and diamond tier NFTs, with up to 299 editions each in the green tier, to a highly coveted 15 editions only in the diamond tier. Priced for the everyday fan starting at $10, each NFT contains a 3D rendering or animation of Gretzky making a signature move on the ice. Throughout 2022, additional drops of OneOf's sports legends NFT series will take place in partnership with eBay, reinterpreting iconic Sports Illustrated covers in the era of Web3.

"We are excited to partner with eBay, the largest and most trusted e-commerce platform in the world, to introduce NFTs and the power of the blockchain to eBay's community of enthusiasts through a dynamic, user-friendly experience," said Lin Dai, CEO, OneOf. "You don't have to be a crypto expert to buy, sell, and collect NFTs. OneOf and eBay are bringing transformative Web3 technology to the next 100M non-crypto-native mass consumers."

The surge in the collectibles market has fueled this first-ever collaboration between eBay and an NFT seller. As a global commerce leader, eBay has connected its 142 million buyers and millions of sellers all over the world, bringing incredible inventory to enthusiasts and fostering new economic opportunities through community building. Its collaboration with OneOf is driven by the collective goal of maintaining an open marketplace and making high value collectibles more accessible.

A longtime leader in the collectibles space, eBay continues to introduce new tech capabilities and greater confidence to enthusiasts. In 2021, eBay introduced industry-leading tools including Price Guide and Collection and Image Scan. This year, eBay expanded its Authenticity Guarantee service to trading cards and soon will launch the eBay vault: a secure storage facility and digital marketplace for trading cards that will foster fractionalization and allow users to transfer ownership from seller to buyer in a matter of seconds, with no need to re-authenticate, or ship the item anywhere.

To shop the collection, visit eBay.com/oneofgretzkynft and follow the conversation with @eBayCollectibles on Instagram or @eBay on Twitter, TikTok, YouTube and Facebook.

About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. In 2021, eBay enabled over $87 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

About OneOf
Deeply committed to a sustainable blockchain future, OneOf is an NFT platform that supports NFTs on multiple energy-efficient blockchains, to create sustainable, creator-and-fan-friendly experiences. Minting an NFT on OneOf's platform uses up to over 2 million times less energy than proof-of-work networks, and for its users, purchasing NFTs costs $0 in blockchain gas fees. OneOf aims to bring the next 100 million non-crypto-native fans into Web3 by removing the technical frictions and allowing fans to pay for their NFTs with credit/debit cards as well as major cryptocurrencies. Committed to diversity, over 80% of the collections featured on OneOf come from minority or female creators. In addition, OneOf donates portions of proceeds from every NFT collection to its artist or athlete partner's preferred charity.

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SOURCE eBay Inc.

FAQ

What is eBay's new NFT collection about?

eBay's new NFT collection features exclusive 3D and animated interpretations of Sports Illustrated covers with iconic athletes, starting with Wayne Gretzky.

When did eBay launch its NFT collection?

eBay launched its NFT collection on May 23, 2022.

What is the price range for eBay's NFTs?

eBay's NFTs start at $10, making them accessible for everyday fans.

Who is eBay partnering with for their NFT collection?

eBay is partnering with OneOf, an eco-conscious NFT platform, for their NFT collection.

How many editions are available in eBay's NFT collection?

The collection includes 13 limited-edition NFTs, with tiered editions ranging from up to 299 in the green tier to only 15 in the diamond tier.