The company enables artists and collectors to create, buy and resell NFTs via blockchain enable transactions.
eBay an eCommerce giant has declared the acquisition KnownOrigin an NFT marketplace that will help the e-Commerce company foray further into the world of blockchain technology and digital collectibles.
Manchester-based KnownOrigin has been purchased for an undisclosed amount. The firm enables artists and collectors to create, buy and resell NFTs via blockchain to enable the transaction. KnownOrgin co-Founder to "empower creators and collectors by giving them the ability to showcase sell and collect unique, authenticated digital items" stating:
"As interest in NFTs continues to grow, we believe now is the perfect time for us to partner with a company that has the reach and experience of eBay."
eBay began allowing users to buy and sell NFTs in May of last year, at a time when increasing public interest in digital collectibles resulted in a precipitous price increase. In May the e-Commerce giant declared its debut collection of NFTs through a collaboration with one of, the green NFT platforms eBay chief executive Jamie plan none said:
Read full news at: http://cryptounity.news/ebay-acquires-knownorigin-expanding-its-foray-into-nfts-and-blockchain
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