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Amazon will launch an NFT initiative this spring, sources say

According to sources of Blockworks, Amazon is currently developing an NFT initiative. Without going into much details, sources mention that the focus could be on a blockchain-based gaming, for Amazon customers who want to play crypto games and win free NFTs.

The entry of the e-commerce behemoth into the crypto industry could be a major step towards worldwide adoption. In 2021, as per company data, Amazon’s monthly active users ranged from 300 to 600 million, while Triple A estimates over 420 million crypto users worldwide.

Amazon Web Services recently partnered with Ava Labs, the company behind the Avalanche blockchain.

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Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.
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