eBay acquires KnownOrigin
New opportunities await NFT fans: eBay Inc. is acquiring KnownOrigin and announcing the beginning of the digital collecting era.
One of the world’s leading online retailers announced the purchase of the well-known art marketplace KnownOrigin. This decision is a natural step in the transformation of eBay’s philosophy. Over the past few years, management has embarked on a technical rethink of the project, the results of which have been numerous updates, including the approval of NFT trading last spring.
Source: www.ebayinc.com
KnownOrigin has built up an impressive, passionate, and loyal group of artists and collectors making them a perfect addition to our community of sellers and buyers. We look forward to welcoming these innovators as they join the eBay community.said President and CEO Jamie Iannone.
The company had previously unveiled a collaboration with OneOf, which resulted in its own NFT collection. “Genesis” is a collection of animated three-dimensional models of legendary athletes you could see on the covers of Sports Illustrated, an American sports publication. The first series in honor of Canadian hockey player Wayne Gretzky includes four types of NFT - green, gold, platinum, and diamond. Their minimum value is $10.
KnownOrigin is an innovative platform for NFT fans. According to co-founder David Moore, “now is the perfect time for us to partner with a company that has the reach and experience of eBay”. KnownOrigin believes it’s a new chapter that will be marked by the attraction of many fans of the trend.
The deal took place on June 21, 2022. The partners do not reveal additional details.
