eBay Now Owns NFT Marketplace KnownOrigin

23 JUN, 2022

eBay, the global e-commerce firm in its latest quest for diversification is acquiring NFT marketplace KnownOrigin. [{ "selector": ".sfdpt-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".dclga-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".bzlcj-a", "duration": "500ms", "fill": "forwards", "delay": "1500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".epixa-a", "duration": "500ms", "fill": "forwards", "delay": "2000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

The exact cost of the deal is unknown. With this asset, the global e-commerce firm will be ushering into a new era of digital collecting. It will help eBay become the number one stop for collectibles. [{ "selector": ".bmfsp-a", "duration": "500ms", "fill": "forwards", "delay": "1500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

EBAY Sortie Into NFT With Acquisition Of Knownorigin

eBay gave details of the acquisition of leading NFT marketplace KnownOrigin in a press release on June 22, 2022. [{ "selector": ".ierbb-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".grpxp-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

Jamie Iannone, CEO said: “eBay is the first stop for people across the globe who are searching for that perfect, hard-to-find, or unique addition to their collection and, with this acquisition, we will remain a leading site as our community is increasingly adding digital collectibles.” [{ "selector": ".idznx-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

Jamie added that KnownOrigin is a foremost NFT marketplace that has built an inspiring, fervent, and devoted assembly of artists and collectors. Also, they are an ideal addendum to eBay’s community of sellers and buyers. [{ "selector": ".sktpw-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

The global e-commerce firm is in a phase of metamorphosis and is upgrading its technology, performance, and customer experience. [{ "selector": ".nacqq-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

The platform is already buying and selling of NFTs since May 2021. Its CEO has also hinted that in future it will also start accepting Cryptocurrencies. [{ "selector": ".fkurb-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

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