Friday, October 7, 2022

Amazon CEO Planning to Integrate NFT’s, Crypto Will Become Big

Amazon is planning to integrate NFTs into the company’s business model. The CEO despite the fact that he’s listed here as being bullish on NFTs. The CEO is no longer Jeff Bezos. He actually recently stepped down. So we’re talking now about Jassy Andy.

Jassy Andy is the new CEO of the company but let’s be specific here, he’s quoted as saying the following “I expect that NFTs will continue to grow very significantly. We’re not probably close to adding crypto as a payment mechanism in our retail business but I do believe over time you’ll see crypto become bigger and it’s possible” he said.

Must Read: Top 3 Upcoming Metaverse Projects

Look, if amazon were to integrate NFTs into their business model that’s all well and good but that’s a few steps down the line in our personal opinion. First step something we’d like to see is implement digital assets as a means of payment on amazon.com.

We think that would be much more significant, much more valuable for the crypto space. But also much more practical in terms of consumer options when paying for their goods on amazon.

Pavan Patil
Pavan Patil
Pavan Patil is a professional crypto trader and contributing author for CoinGyaan.com

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