In recent times, knownorigin has become increasingly relevant in various contexts. KnownOrigin was born out of a simple question: "Can we use the power of blockchain to mint digitally public artwork that evolves proof of ownership, provenance, and authenticity?" The experiment began from a pop-up in a basement in Manchester, with 10 artists creating 25 physical artworks. KnownOrigin Marketplace to Shut Down Two Years After eBay .... KnownOrigin, a pioneering NFT marketplace acquired by eBay in 2022, announced that it will be shutting down its on-chain marketplaces and minter. KnownOrigin Ceases Operations Two Years After eBay Acquisition.
KnownOrigin, an NFT marketplace acquired by eBay in June 2022, announced it will be shutting down its on-chain marketplaces and minter. This perspective suggests that, during the acquisition, KnownOriginโs team and IP were integrated into eBayโs web3 division, expanding on eBayโs previous partnership with OneOf. Additionally, eBay's KnownOrigin Winds Down On-Chain Marketplace & Minters .... eBay acquired KnownOrigin in June 2022 at the height of the NFT Cryptoart bubble, but many began to question the wisdom of that acquisition last year as the bubble burst and KnownOrigin struggle to gain ground against more established players like Blur and OpenSea.
eBay Acquires Leading NFT Marketplace, KnownOrigin. (Nasdaq: EBAY), a global commerce leader that connects millions of sellers and buyers around the world, and KnownOrigin, one of the most innovative non-fungible token (NFT) marketplaces, today announced that eBay has acquired KnownOrigin. KnownOrigin Shuts Down: Whatโs Next for NFT Collectors?.
After just two short years, the digital art marketplace known as KnownOrigin has been closed. The main reason given by the company was shifts in the NFT market, and this was raising concerns regarding longevity and safety over digital assets. Knownorigin To Shut Down On-Chain Market And Minting .... According to Odaily, NFT marketplace KnownOrigin, which was previously acquired by eBay, has announced the closure of its on-chain market and minting functions. This decision follows significant changes in the NFT market landscape.
๐ Summary
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