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

What Is Cryptocurrency? Crypto Explained

2023-10-03

Mark Zuckerberg’s Vision for Remote Work: Meta’s Headsets and the Future of Work

2023-10-01

Meta Unveils Next-Gen AI Tools and Digital Companions for the Metaverse

2023-09-29
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
Facebook Twitter Instagram
The Crypto News Insider
  • Bitcoin

    Shocking Crypto Participation Report On Fortune 100 Companies

    2023-06-22

    Bitcoin, Ethereum Retraces After The BOE’s 50 Bps Rate Hike, US Fed Powell Testimony

    2023-06-22

    Crypto Liquidation Hits $216 Million As Bitcoin Leap Towards $31K

    2023-06-22

    When BlackRock Bitcoin ETF? Detailed Timeline And Implications

    2023-06-22

    Bitcoin Price Pumps To $30,000 Amid Renewed Bullish Sentiment As Wall Street Embraces Crypto

    2023-06-22
  • 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

    Magic Eden Launches New Diamond Rewards, Here Are 3 Easy Ways To Earn Them

    2023-03-30

    Magic Eden’s New Bitcoin NFT Marketplace Dominates Ordinals Market

    2023-03-30

    Pace Gallery Holds First Web3 Solo Exhibit Featuring Tyler Hobbs

    2023-03-30

    10 Best NFTs to Buy Right Now — The Top NFT Collections

    2023-03-30

    Unstoppable Domains Launches AI-Generated Avatars

    2023-03-30
  • Metaverse

    Mark Zuckerberg’s Vision for Remote Work: Meta’s Headsets and the Future of Work

    2023-10-01

    Meta Unveils Next-Gen AI Tools and Digital Companions for the Metaverse

    2023-09-29

    Valentino Rossi Steps into The Sandbox with ValeVerse

    2023-09-27

    Opportunities for Artists and Creators at Decentraland Music Festival 2023

    2023-09-26

    Hitachi Leverages Metaverse and VR for Next-Generation Workforce Training

    2023-09-25
  • Analysis

    Whales Abruptly Move Over $850,000,000 in Bitcoin in Just 24 Hours – Here’s Where the Crypto is Going

    2023-04-16

    Trader Who Accurately Predicted 2023 Crypto Rally Unveils Full-Bull Scenario for Bitcoin – But There’s a Big Catch

    2023-04-16

    Crypto Trader Says Ethereum Altcoin That’s Exploded 190% This Year Is About To Hit New All-Time High

    2023-04-15

    Analyst Nicholas Merten Goes Short on Bitcoin (BTC) As ‘Over Exuberance’ Spreads in Crypto Markets

    2023-04-15

    Blockchain Association Shows Support for Banned Tornado Cash in New Amicus Brief Filing

    2023-04-15
  • Learn

    What Is Cryptocurrency? Crypto Explained

    2023-10-03

    What Is Toncoin (TON)? Everything You Need To Know

    2023-09-28

    What is NBA Top Shot? A Beginner’s Guide

    2023-09-22

    What Are Bridges in Crypto? Cross-Chain Bridges, Explained – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    2023-09-21

    SingularityNET (AGIX) Price Prediction 2023 2024 2025

    2023-09-18
  • 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  Will intellectual property issues sidetrack NFT adoption?

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

Yuga Labs Acquires Roar Studios for Its Interoperable Metaverse

2023-07-31

MNTGE Patchwork NFTs are Minting Now!

2023-07-30

Lacoste’s Summer Splash: A New Virtual Retail Experience with NFTs

2023-07-26

Luxury Watch Loans with NFTs

2023-07-13
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Guy Sweeps 165 Renga NFTs, Borrowing 600 ETH against 7 Apes

2022-10-04

Bitcoin Breakout in Sight As BTC Flashes 2019-Style Accumulation, According to Top Analyst – But There’s a Catch

2023-03-22

How NFTs Will Impact the Sporting Industry

2022-07-17

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

What Is Cryptocurrency? Crypto Explained

2023-10-03

Mark Zuckerberg’s Vision for Remote Work: Meta’s Headsets and the Future of Work

2023-10-01

Meta Unveils Next-Gen AI Tools and Digital Companions for the Metaverse

2023-09-29
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)$27,531.000.32%
  • ethereumEthereum(ETH)$1,638.52-1.00%
  • USDEXUSDEX(USDEX)$1.08-0.31%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$212.75-0.46%
  • rippleXRP(XRP)$0.544.59%
  • usd-coinUSDC(USDC)$1.000.07%
  • staked-etherLido Staked Ether(STETH)$1,637.44-1.09%
  • solanaSolana(SOL)$22.98-4.95%
  • cardanoCardano(ADA)$0.256645-1.85%
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}