E-commerce and cloud giant Amazon is reportedly working on new blockchain initiatives. What will this involve?
Various cryptocurrency-related projects seem to still be underway at Amazon, according to reports that have been published over the past several weeks.
Four anonymous sources say that Amazon plans to launch a non-fungible token initiative this spring, based on recent reports from Blockworks.
Amazon is reportedly looking toward established blockchain companies that already play a role in the NFT space. This includes companies that have built layer-1 blockchains as well as blockchain gaming firms and digital asset exchanges.
Supposedly, Amazon wants users to play games so that it can distribute free NFTs to those players. Earlier plans suggested that Amazon would work with artists to create NFTs and airdrop those tokens to users, though plans have apparently changed significantly. Amazon plans to launch its NFT project in April, sources say.
Amazon CEO Andy Jassy previously hinted at NFT…