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Category: Retail

Blockchain Adoption Tracker

Amazon’s NFT Marketplace Launch Has Been Delayed

The launch of Amazon’s highly anticipated NFT marketplace has been delayed. The new launch date is expected to be May 15. An internal source shared that the delay is due to technical and economic challenges.

NFT Marketplace

Retail

By Elizabeth Morrison

Published:April 24, 2023

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1 min read

Blockchain Adoption Tracker

New Ralph Lauren Store in Miami Design District Accepts Crypto Payments

Legacy fashion brand Ralph Lauren has opened a new store in Miami’s Design District. What makes this location particularly special is that the design not only embraces Miami’s vibrant fashion culture but also its allure for Web3. This is the first Ralph Lauren store to accept cryptocurrency as payment, which is made possible by the brand’s integration with BitPay.

Payments

Retail

By Elizabeth Morrison

Published:April 20, 2023

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1 min read

Blockchain Adoption Tracker

Rumor Mill: Launch of Amazon NFT Initiative Imminent

Multiple sources say Amazon is preparing to launch a digital assets enterprise by first stepping into the non-fungible token (NFT) space. Its NFT initiative is expected to launch this spring and it’s certainly likely that Amazon will make a big splash in the NFT marketplace considering how many customers it has. Amazon has a reputation for innovatively leveraging emerging technologies to the chagrin of its competitors. If the team pulls this off, the retail and business industries could be in for another massive disruption.

NFT Marketplace

Retail

By Elizabeth Morrison

Published:April 19, 2023

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1 min read

Blockchain Adoption Tracker

Amazon CEO Andy Jassey Hints at Retail Giant’s Possible NFT Adoption

Amazon is one of the few tech giants that hasn’t made any moves in the Web3 space. However, CEO Andy Jassey dropped a “hint” that Amazon might do something with non-fungible tokens (NFTs) in the future. Perhaps the e-commerce giant would sell them or drop them to customers. Since Amazon was first founded, its reliance on emergent technologies has been a key driver in making it the world's largest and most disruptive retailer.

NFT Marketplace

Retail

By Elizabeth Morrison

Published:April 19, 2023

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1 min read

Blockchain Adoption Tracker

L'Oreal’s NYX Makeup Partners with The Sandbox for NFT-based Avatars to Celebrate Diversity

Blockchain technology has created a massive impact on various industries, and the beauty industry is no exception. L'Oreal-owned NYX Makeup has joined The Sandbox Metaverse and People of Crypto to take its first step toward incorporating blockchain technology into the beauty industry with the goal of educating consumers on diversity, equity, and inclusion.

Metaverse

NFT

Retail

By Elizabeth Morrison

Published:June 1, 2022

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1 min read

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