eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain
The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles.According to a press release on Wednesday, Manchester-based KnownOrigin has been purchased for an undisclosed amount. The firm enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. KnownOrigin co-founder....
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The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s tech-led reimagination.” Ebay Purchases NFT Marketplace in Order to Make E-Commerce Site the World’s Top Destination for Collectibles Ebay revealed on Wednesday that the company has purchased the NFT marketplace Knownorigin. Last February, Ebay’s chief executive officer, Jamie Iannone, discussed NFTs, cryptocurrencies, and how the company continues to....
According to a press release, e-commerce giant eBay has acquired the NFT marketplace KnownOrigin. As part of the platform’s strategy to expand into the nascent asset class, eBay is trying to provide its users with access to a “new era of digital collecting”. Related Reading | Can The ECB Regulate Crypto In “Depth”? President Calls for […]
Ebay, which has 187 million buyers on its platform, is now allowing the sale of non-fungible tokens (NFTs), the company has announced. Ebay says: “This is only the beginning. This initial rollout will help us learn more about what’s important to our community.” Ebay Updates Policies to Allow Sale of NFTs Ebay Inc. announced Tuesday that sellers can now sell non-fungible tokens (NFTs) on its platform, which currently has about 187 million buyers. “Recently, we’ve seen a massive wave of attention, media coverage, and online conversation around high-end....
A representative said that eBay "will add new capabilities that bring blockchain-driven collectibles" to the platform. Online marketplace eBay has introduced auctions for nonfungible tokens to its platform.According to a Reuters report, eBay users who meet certain criteria on the platform will be permitted to list nonfungible tokens, or NFTs. The company added that it would expand its policies and tools surrounding digital collectibles in the future."In the coming months, eBay will add new capabilities that bring blockchain-driven collectibles to our platform," said eBay's North America....
According to CEO Jamie Iannone, eBay will be “looking at it and exploring opportunities” to enable nonfungible tokens. Major online marketplace eBay will be pursuing crypto payment options for its customers as well as exploring ways to introduce nonfungible tokens to the platform.In an interview with CNBC today, eBay CEO Jamie Iannone said the company would “continue to look” at payment options like crypto. In addition, eBay will be “looking at it and exploring opportunities” to enable nonfungible tokens, or NFTs, on the platform “in an easy way,” comparing the digital offerings to....