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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.
Um…NFT…No F-ing Thanks!
🙂
Years ago on eBay, you would occasionally find some weirdos offering ridiculous things such as “fart captured in a jar” or the seller’s soul, etc. How times have changed.
So bravo, eBay. You have legitimized the contemporary Fart in a Jar.
Like Crypto if you can’t touch it, feel it, it doesn’t exist. NFT is a bunch of crap. I give it 1 year.
IMO, having over 40 years’ programming experience, this is perhaps the most that eBay has ever set up their system to allow scams en-masse.
I suspect there will be a lot of disappointed buyers, especially those who don’t know what “NFT” means or represents, and there will be an equal number of NFT sellers of dubious honesty.
I think eBay’s jump into this may bring them a lot of grief and several legal actions against them, but then, I’m not an MBA, nor do I play one on TV.
Just a hunch.
What a waste of energy, resources and time on the part of ebay. They are literally chasing the latest shiny object. NFTs are for people who missed the beanie baby fad, and really don’t have a clue about investments