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eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain

 The company enables artists and collectors to create, buy and resell NFTs via blockchain enable transactions.

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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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