• Bitcoin
  • Altcoins
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Market Cap
What's Hot

Ethereum Rival Cardano Set To Plunge 70% Against Bitcoin, Says Analyst – Here’s the Timeline

2023-03-31

Reasons Why Bitcoin (BTC) Price Is Falling Today While Altcoins Remains Strong

2023-03-31

Popular Trader Still ‘Cautiously Bearish’ on Crypto, Dives Deep Into Sideways-Trading Ethereum (ETH)

2023-03-31
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
Facebook Twitter Instagram
The Crypto News Insider
  • Bitcoin

    Reasons Why Bitcoin (BTC) Price Is Falling Today While Altcoins Remains Strong

    2023-03-31

    Market At Risk As Easy Cash Era Comes To An End

    2023-03-30

    Binance’s Bitcoin, Ethereum, Stablecoins Netflow Reveals Stability Despite US CFTC Suit

    2023-03-30

    Bitcoin Price Shoots Past $28,500, Key Support and Resistances

    2023-03-30

    Ripple’s Appeal In SEC Lawsuit To Retain Status Quo: John Deaton

    2023-03-29
  • Altcoins

    SHIB enters critical zone, Shibarium beta launch might happen this week?

    2023-02-19

    Is Ethereum [ETH] setting up a big show ahead of Shanghai upgrade? 

    2023-02-19

    Shibarium Beta To Go Live Next Week: Rumors or Reality?

    2023-02-19

    Helium to migrate to Solana on this date, here’s how HNT reacted

    2023-02-19

    ETH tests 5-month high as whales retain this % of supply, more inside

    2023-02-19
  • NFT

    Candy Digital Pushes Forward With New MLB NFTs After Fanatics Divestment

    2023-03-29

    Pussy Riot Protest Art NFT Triggers Russian Criminal Charges

    2023-03-29

    At Least $37M Worth of y00ts NFTs Migrate to Polygon From Solana in One Day

    2023-03-29

    Art Blocks Debuts NFT Marketplace With Enforced Creator Royalties

    2023-03-29

    Degens ‘Ran Away With the Narrative’ on Gitcoin’s NFT Drop With Vitalik, Says Founder Kevin Owocki

    2023-03-29
  • Metaverse

    Siemens and MIT Tech Review Probe ‘The Emergent Industrial Metaverse’

    2023-03-30

    Disney Metaverse Division Reportedly Scrapped

    2023-03-28

    Animoca Denies $200M Metaverse Fund Cut

    2023-03-27

    Metaverse Trading Hits All-Time High

    2023-03-24

    Exploring the Metaverse: A Guide to Investing in Metaverse Stocks

    2023-03-20
  • Analysis

    Ethereum Rival Cardano Set To Plunge 70% Against Bitcoin, Says Analyst – Here’s the Timeline

    2023-03-31

    Popular Trader Still ‘Cautiously Bearish’ on Crypto, Dives Deep Into Sideways-Trading Ethereum (ETH)

    2023-03-31

    Dogecoin Whale Abruptly Moves 350,000,000 DOGE in Multiple Transactions– Here’s Where the Crypto’s Headed

    2023-03-30

    Top Crypto Trader Details Path Forward for Bitcoin and Polygon Rival Arbitrum – Here’s His Outlook

    2023-03-30

    Algorand price surges over 12%

    2023-03-30
  • Learn

    Best Bitcoin Mining Software — TOP Crypto Miners to Use in 2023

    2023-03-30

    Next Cryptocurrency to Explode 2023

    2023-03-30

    Chart Patterns Cheat Sheet For Technical Analysis

    2023-03-21

    Best NFT Wallets in 2023

    2023-03-21

    Top 10 Best Ethereum Wallets 2023

    2023-03-18
  • Market Cap
The Crypto News Insider
Home»Uncategorized»eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain
Uncategorized

eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain

2022-06-22Updated:2022-06-23No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

eBay, an e-commerce big, has introduced the acquisition KnownOrigin, a nonfungible token (NFT) market that can assist the e-commerce firm foray additional into the world of blockchain know-how and digital collectibles.

According to a press launch on Wednesday, Manchester-based KnownOrigin has been bought for an undisclosed quantity. The agency permits artists and collectors to create, buy and resell NFTs by way of blockchain-enabled transactions. KnownOrigin co-founder David Moore in a press release mentioned that the corporate was based to “empower creators and collectors by giving them the power to showcase, promote and gather distinctive, authenticated digital gadgets,” including that:

“As curiosity in NFTs continues to develop, we consider now could be the right time for us to associate with an organization that has the attain and expertise of eBay.”

eBay started permitting customers to purchase and promote NFTs in Might of final yr, at a time when rising public curiosity in digital collectibles resulted in precipitous worth will increase. In Might, the e-commerce big introduced its debut assortment of NFTs by way of a collaboration with OneOf, a inexperienced NFT platform. eBay chief govt Jamie Iannone mentioned:

“KnownOrigin has constructed up a powerful, passionate and constant group of artists and collectors, making them an ideal addition to our neighborhood of sellers and consumers. We look ahead to welcoming these innovators as they be part of the eBay neighborhood.”

The transfer indicators eBay’s continued curiosity in leveraging cryptocurrency and blockchain know-how to enhance its operations. eBay is likely one of the first e-commerce websites, and it’s now aiming to turn into the popular vacation spot for Technology Z and illennials. Earlier this yr, Cointelegraph reported that the agency has been seeking to combine crypto cost choices for fairly a while.

See also  Nansen admits neglecting DeFi plans during the NFT craze

Associated: On-line market eBay to permit NFT gross sales

Over the previous few months, lots of of NFT initiatives have appeared within the cryptocurrency world, seemingly emulating the multimillion-dollar gross sales of digital paintings on on-line markets. The inclusion of NFTs in a longtime market like eBay, with roughly 187 million lively consumers, has the power to increase the frenzy for even longer.

Source link

Acquires Blockchain eBay expanding foray KnownOrigin NFTs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Candy Digital Pushes Forward With New MLB NFTs After Fanatics Divestment

2023-03-29

At Least $37M Worth of y00ts NFTs Migrate to Polygon From Solana in One Day

2023-03-29

Dapper Labs unveils $725 million ecosystem fund for Flow blockchain

2023-03-29

OpenSea teases April integration of Solana NFTs

2023-03-29
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Ripple CTO Fires Back At Vitalik’s “China-controlled” Comment

2022-08-18

Hacker Group Anonymous Vows To Hold Terra (LUNA) Founder Do Kwon Accountable for UST Collapse

2022-06-28

BAYC Creators Interviewed as NFT Lending Crisis Looms

2022-08-22

Subscribe to Updates

Get the latest news and Update from Thecryptonewsinsider.com about Crypto, Metaverse and NFT.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Top Insights

Ethereum Rival Cardano Set To Plunge 70% Against Bitcoin, Says Analyst – Here’s the Timeline

2023-03-31

Reasons Why Bitcoin (BTC) Price Is Falling Today While Altcoins Remains Strong

2023-03-31

Popular Trader Still ‘Cautiously Bearish’ on Crypto, Dives Deep Into Sideways-Trading Ethereum (ETH)

2023-03-31
Get Informed

Subscribe to Updates

Get the latest news and Update from Thecryptonewsinsider.com about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
© 2023 Thecryptonewsinsider.com. - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$28,296.00-1.12%
  • ethereumEthereum(ETH)$1,820.670.92%
  • USDEXUSDEX(USDEX)$1.08-0.31%
  • tetherTether(USDT)$1.00-0.08%
  • binancecoinBNB(BNB)$317.40-0.07%
  • usd-coinUSD Coin(USDC)$1.00-0.18%
  • rippleXRP(XRP)$0.53-2.03%
  • cardanoCardano(ADA)$0.3990334.99%
  • staked-etherLido Staked Ether(STETH)$1,816.370.94%
  • dogecoinDogecoin(DOGE)$0.0756760.45%
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}