The eBay platform has just offered an effective present for creators. This is the launch of the beta version of the designer contract. Users have tested this program, which has so far consisted of 84 contracts and 250 NFTs. Find out what it really is.
The announcement of Contract Creator
It is in a Tweet as eBay’s non-fungible token (NFT) market, KnownOrigin has announced the launch of a new project. These are creator smart contracts for artists on its platform. Additionally, this new project allows users to share their revenue and earn royalties as co-creators.
To help better appreciate the contract, KnownOrigin gives its members to test the beta version of Creator Contract. It should also be noted that the test was done in recent weeks and consisted of 84 contracts and 250 editions of NFT. In addition, all creators approved on the platform from February 24 will have the possibility to deploy and work on their personal contract. In addition, the broadcast will be public and no need to have coding knowledge to get started.
The Purpose of the eBay NFT & KnownOrigin Project
It should first be noted that eBay is acquiring KnownOrigin in June 2022 for an amount that has not been specified to date. David Moore, who is the co-founder of the Ethereum-based platform, wants to empower creators and collectors. These have the ability to present, collect and sell authenticated and unique digital objects.
On the one hand, it is important to note that eBay is activating NFT listings on its direct market from May 2021. However, the company had not integrated blockchain technology for the support of remittances. This also goes for crypto-based sales on its website.
In short, this collaboration between eBay and KnownOrigin appears to be excellent news for digital artists. It must be remembered that KnownOrigin is particularly popular for its large community of shops for NFT creators and artists.
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