Current NFTs Stays Useful and Tradeable
“After cautious consideration and analysis, we now have determined to wind down KnownOrigin’s on-chain marketplaces and minter over the upcoming weeks,” the corporate said on X in a collection tweets. The corporate acknowledged the shifting business panorama, with secondary marketplaces like OpenSea and MagicEden gaining prominence.
Established in 2018, KnownOrigin turned a notable platform within the NFT area, showcasing works by artists like XCOPY, Hackatao, and Miss Al Simpson.
Regardless of {the marketplace}’s closure, KnownOrigin has reassured customers that current NFTs will stay totally practical and tradable. “All KnownOrigin NFTs have been minted on the Ethereum blockchain. This implies possession is provable and the tokens could be overtly traded on secondary marketplaces (comparable to OpenSea and MagicEden),” the tweets continued.
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