eBay buys NFT platform KnownOrigin

eBay acquires KnownOrigin

e-commerce giant ebayThis week, the acquisition of the non-fungible tokens (NFT) platform was formalized. known origin :

This platform, which was created in 2018 by 3 entrepreneurs from Manchester, is mainly focused On Professional NFTs. It is located on the Ethereum (ETH) blockchain.

According to Jamie Iannone, the acquisition of KnownOrigin is a logical step in the company’s evolution. In fact, this is seen in NFTs, a group class per se :

“eBay is the preferred choice for people all over the world, who are looking for that perfect addition […] To their collection and with this acquisition, we will continue to be a leading site as our community adds more and more digital collectibles. »

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Powerful transition to Web3

If the amount of the deal has not been reported, it is not surprising to see the US company going ahead with this acquisition. In fact, the platform Buying and selling of NFT is allowed since May 2021. Plus, we learned last month that she’s officially released her first collection, on the topic of hockey player Wayne Gretzky.

For its part, the KnownOrigin platform was also satisfied with this acquisition by eBay. On this occasion, he affirms the will of the latter Speed ​​up your web 3.0 transition :

“During our meetings, they have impressed us with their enthusiasm to learn, embrace, and immerse ourselves in Web3. We truly believe this will help attract more creators and collectors into the space, and help educate and inspire us.” [les futurs] creators. »

Thanks to this process, eBay presents itself Experience in the NFTs sector. In light of the company’s regular announcements, there is no doubt that it does not intend to stop there with its transition to our ecosystem technologies.

👉 Also in the news – Ledger reveals the NFT market and enriches its services

Source: press release

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About the author: Vincent Mayor

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I shyly discovered the world of blockchain at the end of 2018 while searching for financial freedom. At first, I invested moderately, and after only two years I took the risk of betting everything in the movement that was taking shape at the time. Then I devote 2021 to better training myself to gain more knowledge and earnestness. As I like to say often: I still have a billion things to learn. And what I know, I want to share with you.
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