The e-commerce company called the acquisition “an important step” in its “technological reinvention”. Details of the deal are unknown.
- eBay bought the NFT marketplace KnownOrigin .
- Details of the agreement are unknown.
- The company is strengthening its expansion into NFTs.
- eBay already allows NFT trading and launched their first collection this year.
The e-commerce giant eBay is strengthening its strategy around digital collectibles with the purchase of a non fungible in cryptocurrency, fungibility is when a coin or token can be replaced by any other identical coin or token. token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. (NFT) marketplace.
In a press release , eBay announced the acquisition of the NFT platform, KnownOrigin based in the United Kingdom. The companies signed and closed a deal on Wednesday, although details of the deal, such as the acquisition figure, are unknown.
Founded in 2018, KnownOrigin is a marketplace that allows artists and collectors to create, buy and resell NFTs through transactions compatible with Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. according to the statement. For the e-commerce giant, partnering with the Manchester-based firm will be a new way to expand in the NFT space.
eBay reinvents itself with NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain).
eBay habilitó in May 2021 the services of buying and selling NFT from its website. In its announcement today, the company said the latest move represents “ un important step in eBay’s technological reinvention which marks the beginning of a new era of digital digital technologies are these electronic tools that have the ability to generate, store or even process data. collecting. “.
Arguing in favour of the agreement, the CEO of eBay , Jamie Iannone reiterated the company’s interest in becoming a leading site for access to digital collectibles and efforts to expand this vision.
KnownOrigin has created an impressive, passionate and loyal group of artists and collectors, making them the perfect addition to our community of sellers and buyers. We look forward to welcoming these innovators as they join the eBay community.
Por su parte, e he co-founder of KnownOrigin David Moore added in the same vein that the partnership would help the NFT marketplace attract a new wave of NFT creators and collectors. “ A medida que el interés en las NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. continúa creciendo, creemos que ahora es el momento perfecto para asociarnos con una empresa que tiene el alcance y la experiencia de eBay “, he said.
eBay presented its first NFT collection last month. in partnership withOneOfa platform a place to buy, sell and store cryptocurrency “ verde “NFT specializes in the sale of music, sports and lifestyle digital assets. The collection in question, which will be released throughout 2022, is made up of animations of high-profile athletes who have appeared on the covers of Sports Illustrated.
The e-commerce website has also hinted that it is exploring incorporating more cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. features, and has advanced that it is working on a digital wallet.
- eBay prepares to launch a ‘digital wallet’, but hasn’t announced Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. payments
- eBay CEO explores accepting Bitcoin as a means of payment and is already selling NFT!
- Bill Gates mocks NFTs and continues to dismiss crypto: “They’re based on the theory of the dumbest.”
Article by Hannah Estefania Perez / DiarioBitcoin
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