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AliExpress Ventures into NFTs with New Collection

AliExpress partners with The Moment3! to launch a unique NFT series focused on shopping themes, debuting June 25, 2023.
Published on 2023-06-08

AliExpress Enters the NFT Market

AliExpress, a subsidiary of Alibaba, has announced its entry into the NFT space by partnering with Web3 developer The Moment3!. This collaboration aims to launch an innovative NFT series centered around shopping themes, reflecting the brand's retail focus.

Launch Details and Collection Overview

The collection is set to include 5,555 unique NFTs, with a debut date scheduled for June 25, 2023. This venture marks a significant step for AliExpress as it explores the growing intersection between e-commerce and digital assets.

Initial Announcement and Subsequent Developments

Following the announcement, AliExpress removed its tweet, sparking curiosity among potential collectors and industry watchers. Despite this, The Moment3! confirmed the launch, maintaining excitement around the upcoming NFT drop.

Significance for AliExpress and the NFT Market

This initiative highlights AliExpress's strategic move to integrate blockchain technology into its business model, potentially attracting a new demographic interested in digital collectibles. The collaboration with The Moment3! underscores the importance of partnerships in navigating the evolving NFT landscape.

Conclusion

AliExpress's NFT collection represents a noteworthy expansion into digital realms, aligning with broader trends in e-commerce and technology. As the launch date approaches, anticipation grows for how this venture will influence both the brand and the NFT market.

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