Amazon is investing in the NFT marketplace Dibbs. The Dibbs
startup distinguishes itself by insuring and
storing assets transferred to it from third parties.
The marketplace is built on
a special WAX blockchain operating only with unique tokens.
Amazon did not disclose the terms of the deal, though invested
$16 million. The small amount is due to the large number of
competitors and the difficulty of launching sports cards on account of the
clubs' copyrights. Project
Dibbs launches a new service that allows you to
buy and sell shares of trading cards, and it is this that prompted the tech giant to invest.
Whereas
Amazon is just entering this sector, its competitor
eBay has long been a leader in this area.
In the first six months of
2021,
$2 billion worth of trading cards were sold.