E-commerce and cloud big Amazon is reportedly engaged on new blockchain initiatives. What’s going to this contain?
Numerous cryptocurrency-related tasks appear to nonetheless be underway at Amazon, in line with stories which were revealed over the previous a number of weeks.
4 nameless sources say that Amazon plans to launch a non-fungible token initiative this spring, primarily based on latest stories from Blockworks.
Amazon is reportedly wanting towards established blockchain firms that already play a job within the NFT area. This consists of firms which have constructed layer-1 blockchains in addition to blockchain gaming corporations and digital asset exchanges.
Supposedly, Amazon needs customers to play video games in order that it will possibly distribute free NFTs to these gamers. Earlier plans prompt that Amazon would work with artists to create NFTs and airdrop these tokens to customers, although plans have apparently modified considerably. Amazon plans to launch its NFT mission in April, sources say.
Amazon CEO Andy Jassy beforehand hinted at NFT help in mid-2022. It’s unclear whether or not the most recent information has advanced instantly from these stories.
Amazon is moreover trying to rent employees for its Web3 division, which incorporates blockchain providers in addition to different cloud providers.
A February job posting signifies that the agency is looking for a Web3 Go-To-Market specialist. It mentions familiarity with blockchain a number of occasions in its necessities.
The posting asks candidates for “in-depth understanding of blockchain-based architectures” for Web3 and video games. This seemingly lends help to Blockworks’ insider stories, which mentioned Amazon’s curiosity in blockchain gaming.
The itemizing additionally makes a distinction between layer-1 and layer-2 blockchains. Although no particular tasks are talked about, that suggests implying this Amazon could also be excited by working with high-throughput networks in addition to fundamental blockchains like Ethereum.
Final however not least, Amazon has not too long ago partnered with Ava Labs, an organization greatest recognized for its Avalanche blockchain and the related cryptocurrency AVAX.
In keeping with a put up from Amazon, Avalanche is partnering with the corporate to host varied occasions for entrepreneurs and builders.
Avalanche can even be accessible on Amazon’s AWS Market. This isn’t completely distinctive, as Amazon’s AWS division has offered entry to enterprise Ethereum and different blockchains because it launched Amazon Managed Blockchain in 2019. Avalanche itself can even proceed to make use of AWS for some options.
Amazon’s Avalanche partnership doesn’t appear to be associated to the NFT mission talked about above. Solely the NFT mission seems to be aimed toward basic shoppers.
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