• Adidas
  • Adobe
  • AliExpress
  • Amazon
  • AMD
  • Android
  • Apple
  • Batman
  • Bitcoin
  • ChatGPT
  • Chocolate
  • CorelDRAW
  • Cyberpunk
  • Disney
  • Elden Ring
  • Entertainment
  • Exercises
  • Facebook
  • Gaming
  • Google
  • HBO
  • Health
  • Hogwarts Legacy
  • How to
  • How to grow your children
  • Huawei
  • Instagram
  • Internet
  • iOS
  • iPhone
  • Lamborghini
  • Lenovo
  • Linux
  • Marijuana
  • Marvel Cinematic Universe
  • Mediatek
  • Mercedes
  • Metaverse
  • Mexico
  • Microsoft
  • MIUI
  • Motorola
  • Movies
  • Movistar
  • Naruto
  • Netflix
  • NFT
  • Nintendo
  • Nissan
  • OnePlus
  • Photoshop
  • PlayStation
  • Pokemon
  • Pregnancy
  • PUBG
  • Redmi
  • Russia
  • Samsung
  • Series
  • Smart Home
  • Smartwatch
  • Sony
  • Space
  • Technology
  • Terms And Conditions
  • TikTok
  • Toyota
  • Trailer
  • Twitter
  • Uber
  • Uncharted
  • Volkswagen
  • Walmart
  • WhatsApp
  • Wi-Fi
  • Will Smith
  • WordPress
  • Write for us
  • Xbox
  • YouTube
  • Windows
Facebook Twitter Instagram
Facebook Twitter Instagram
Bullfrag Bullfrag
Subscribe
  • Entertainment
    • Fashion
    • Lifestyle
      • Home Decor
  • Gaming
  • Health
  • News
    • Business
      • Marketing
    • Cryptocurrency
    • Sports
  • Recipes
  • Technology
    • Science
    • Automobiles
    • Internet
    • Software
Bullfrag Bullfrag
Home»News»Cryptocurrency»Is eBay looking to expand into the NFT and Web3 market?

Is eBay looking to expand into the NFT and Web3 market?

Ferret WeaselsBy Ferret WeaselsFebruary 7, 2023No Comments3 Mins Read
Is eBay looking to expand into the NFT and Web3 market?
Share
Facebook Twitter LinkedIn Pinterest Email
  • Trading platform eBay has posted several job postings focused on strengthening its newly acquired NFT trading platform, KnownOrigin.
  • These deals would not only be strengthening the recently made acquisition of the NFT platform, but are also related to the company’s trademark filings for various NFT and metaverse services.

Although the vast majority identify cryptocurrencies as investment assets, the truth is that, at least Bitcoin, was born as a payment method that would allow its users to obtain financial freedom without intermediaries and outside the traditional financial system and although many do not see In cryptocurrencies such as BTC or ETH, a viable means of paying for services, due to their high volatility, more and more companies and even governments have been accepting them to pay for products and services.

Among the platforms that have adopted, not only cryptocurrencies as a payment system, they have also opened up to other crypto derivatives, such as NFTs, is eBay, who seems to be planning to continue expanding its presence in the crypto ecosystem and Web3.0

eBbay seeks experts in crypto and Web3.0

Two years ago Jamie Lannone, CEO of eBay, stated that the company was looking at cryptocurrencies as payment options and how to integrate Non-Fungible Tokens (NFTs) into its platform.

Although the payment with cryptocurrencies has not yet reached the platform in its own way, but by third parties such as BitPayNFTs have been very well accepted by the platform since in May of last year it launched its first NFT collection together with Sports Illustrated and in June of the same year it decided to go further by acquiring the NFT trading platform, KnownOrigin and it is just this platform that is looking to develop.

Read:  Bankman-Fried: The bailout market is drying up, and we are all to blame for its existence

In accordance with bitcoinnews the platform has published several vacancies focused on strengthening its NFT platform, among which are “crypto-creative lawyer” “crypto advisor“, “community manager” and “marketing campaign executive”

These deals would not only be strengthening the recently made acquisition of the NFT platform, but are also related to the company’s trademark filings for various NFT and metaverse services.

The new acquisitions of human capital make it clear that eBay plans to be more present in the non-fungible token market as well as in Web3.0, and perhaps very soon we will be able to see the arrival of the Wallet that was presented as a prototype in the late February of last year and perhaps, to the joy of several crypto users, being able to accept cryptocurrencies as a payment method directly

You might be interested in:

Related Posts

These 3 Cointelegraph Markets Pro Alerts Generated a Cumulative Gain of Over 100%

March 22, 2023

Should the Fed take a break?

March 22, 2023

They estimate 5.2% year-on-year inflation for the end of the year

March 22, 2023
Add A Comment

Leave a Reply Cancel reply

What you observe in this visual test will reveal how ambitious you are

March 22, 2023

The Banco del Bienestar leaves the remittance business, but they will reach another entity

March 22, 2023

Social Security joins advertising in nail decoration

March 22, 2023

The ‘Gears of War’ movie adds a luxury signing

March 22, 2023
Facebook Twitter Instagram
  • Privacy Policy
  • Disclaimer
  • Terms And Conditions
  • Write for us
© 2023 Bullfrag. Designed by Bullfrag.

Type above and press Enter to search. Press Esc to cancel.