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Amazon Delays Launch of NFT Marketplace to May, Will Not Accept Crypto Payments for NFTs

Amazon has delayed the launch of its NFT marketplace "Amazon Digital Marketplace" from April 24 to May 15 citing readiness reasons. The platform will start offering the service to U.S. customers first and will gradually roll out to other countries.

While the Amazon Digital Marketplace launch could be a significant step toward mass adoption of Web3, it will not accept crypto payments for NFTs. It will be available on a private blockchain, and customers can access it on Amazon's website by clicking the "Amazon Digital Marketplace" tab.

Amazon initially planned to start offering about 15 NFT collections on the launch day itself, but 80 NFT collections are selected by the e-commerce giant for its NFT marketplace, including Bored Ape, Mutant Ape, the World of Women collection, Beeple, and Pudgy Penguins.

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