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TimeStamps:
00:00 Intro
00:22 Amazon CEO Andy Jassy “It’s Possible We Sell NFTs on Amazon”
01:39 Amazon NFTs Will Be Tied to Real World Assets
02:25 Amazon Games Crypto Integration?!
03:03 Amazon Leaked Email
04:38 Otherside Metaverse “Second Trip” Game Footage
05:26 Starbucks NFTs on Polygon Selling for $2,000
05:45 jeff bezos 1999 Interview
7:30 My Final Thoughts
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So we probably now have the most Official confirmation we have ever had Thus far that Amazon is jumping into Crypto Amazon's nft plans now teased in A receipt mailed Friday afternoon so I'm Literally going to share with you a Screenshot from Amazon speaking about The sale of nfts speaking about digital Tokens on the Amazon platform but Subscribers of this channel will Remember about 11 months ago Amazon CEO Andy jassy went on CNBC was interviewed By Andrew Ross organ and was asked about Bitcoin cryptocurrency and nfts it's Very interesting and there's a lot of Discussion about it and yeah I think Nfts have really started to take off and And um uh you know do you own any I Don't own any nfts myself any Bitcoin uh I don't have Bitcoin myself Um so uh you know I think Um uh I expect that nfts will continue To grow very significantly we're not Probably close to adding crypto as a as A payment mechanism in in our retail Business but I do believe over time that That Um that you'll see crypto become bigger And it's possible do you see yourself Selling nfts Yeah I think that's possible down the Road on the platform so Andy jassy not Interested in crypto for Amazon for a Transactional point of view but he is
Interested in non-fungible tokens for Digital goods and it's so obvious Because Amazon right now is the leader In selling physical Goods in the digital Space why not why not sell digital Goods In the digital space and again Subscribers of this channel will Remember multiple reports came out that This Amazon nft Marketplace was real That Amazon nfts will be tied to real World assets token possible and Amazon Marketplace will tie digital ownership To physical Goods delivered to customers Doors and before I get to that leaked Email let me just give you an example of This Amazon Shoppers for instance would Be able to purchase a fashion oriented Nft tied to a pair of jeans pay with a Credit card just as they would with any Other Amazon purchase and how does that Make sense why would an Amazon Chopper You want to have an nft version of the Jeans you bought I get the utility of Real genes but what's the point of Digital nft genes It's their gaming studio it's digital Gaming Amazon games formerly Amazon game Studios is an American video game Company and division of the online Retailing company Amazon and they are Very new the first games ever were Announced back in September 2016 at Twitchcon first three PC games Breakaway Crucible in new world and they actually
Just got released Crucible launched on May 20th 2020 while new world was Released in September of 2021 so again All this tying into the utility of why Amazon clearly wants to be a leader in The nft space and with April approaching What is the news today on Friday Afternoon coindesk's managing editor for Global policy and regulation Nicholas D Received an email from an official Amazon account appearing to confirm the Existence of digital tokens and a Gallery on the e-commerce platform so This was sent to Nicholas D referred to N in the screenshot and the email was Sent to d as a confirmation after an Amazon Prime video channel subscription Was renewed automatically D had not Purchased a non-fungible token from Amazon and did not have any prior Knowledge of the platform's integration Of nfts so Amazon Prime video was Automatically renewed he got his order Confirmation and the email said this Hello in good news your order has Completed and your digital token is now In your gallery keep in mind you won't Be able to resell it until it's unlocked If your item isn't unlocked within 72 Hours please contact customer support You'll also need to register as a Reseller before listing an nft for sale This is showing us that Amazon not only Plans to provide a gallery to show your
Non-fungible tokens but also keep you on The platform buy and sell they are a Marketplace and let's remember it was Back in January that Amazon's cloud Computing platform Amazon web services AWS announced that it will work with Ava Labs Avalanche blockchain to expand its Enterprise blockchain offerings so They're working with Avalanche they're Clearly clearly integrating nfts in the Race for adoption is on for example the Other side metaverse the board ape Yacht Club metaverse just had its second run This channel will always share with you The actual footage when we can Foreign [Music] And the minute you think hey maybe Amazon's too big a company to worry About something like this as niche as Crypto it's not that crazy we know that Starbucks is already offering an nft Loyalty program on polygon Starbucks Gave away those polygon nfts for free They were then selling for over two Thousand dollars a piece and while They're not anymore there was clearly a Community there was clearly an interest From the Starbucks community and looking Back from this Jeff Bezos interview the Founder of Amazon from 1999 Jeff Bezos Pushes back on this reporter who asks Hey isn't you getting into the internet Sort of risky investors it sounds like
You're saying are making a big Speculative bet if they're invested Senior company stuff well I think all Internet companies you know the stocks Are incredibly volatile and I've you Know even longer it long term I believe That it's very easy to predict that They're going to be lots of successful Companies born of the internet they're Going to have very large market caps and And so on I also believe that today Where we sit it's very hard to predict Who those companies are going to be so You know you can make bets on these Things and I think that amazon.com we Don't if we're not one of those Important lasting companies born on the Internet we will have nobody to blame But ourselves and that we will be Extremely disappointed in ourselves but There are no guarantees it's very very Hard to predict if you go back and look At the companies created by the PC Revolution in 1980 you probably wouldn't Have predicted the five winners uh you Know the five biggest winners there have Been lots of winners actually so this Space is a little different and brand Name May mean more and and there's some Increasing returns kinds of things maybe More but I believe that if you can focus Obsessively enough on customer Experience selection ease of use low Prices more information to make purchase
Decisions with if you can give customers All that plus great customer service and With our toys and electronics we have a 30-day return policy if you can do all Of that then I think you have a good Chance and that's what we're trying to Do nfts are not going away somebody is Going to be a leader in the nft Marketplace space and just like 20 25 Years ago with the internet Amazon again Season opportunity and they're taking it Be sure to click subscribe we drop a Video every single day keeping you Informed about crypto and for everybody Joining us at Bitcoin 2023 the largest Crypto conference in existence coming up In Miami Beach be sure to use code Altcoin daily for 10 off your ticket Link down below fantastic brother Fantastic business partner and teammate You're the best altcoin daily for life [Applause] I love you [Applause]