The buyout of KnowOrigin blows the doors wide open, enabling eBay to fully integrate NFT sales, resales and collecting into the auction site We look forward to welcoming these innovators as they join the eBay community." He adds: "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. It certainly feels like we're on the verge of something big eBay's adoption of NFTs and crypto wallets could also give buyers more trust that what they're purchasing is an authentic product, collectible or piece of art, as an item's ownership can be traced on the blockchain. This could be the first step on the ladder for NFTs to break into the mainstream, and it may also mean that the merging of digital art and in-real-life physical artworks becomes a new standard. This could be the first step on the ladder for NFTs to break into the mainstreamĮBay's purchase of KnownOrigin is exciting for artists and creators, and we could even be looking at the beginning of NFT 2.0. ![]() The deal with eBay means the auction platform will own everything, including KnownOrigin's tech, IP and team. ![]() The platform, which offers artists and creators a space to sell, resell and collect NFTs, is ranked 12th in the world for trading volume, according to crypto tracking site DappRaadar (opens in new tab). KnownOrigin is one of the most recognised NFT marketplaces.
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