Existing nfts remain functional and marketable
“After careful consideration and evaluation, we have decided to shut down the KnownOrigin on-chain marketplaces and minter in the coming weeks,” the company said. x.com/KnownOrigin_io/status/1813576649050583244″ target=”_blank” rel=”noopener”>indicated in x In a series of tweets, the company acknowledged the changing landscape of the industry, with secondary marketplaces like OpenSea and MagicEden gaining prominence.
Founded in 2018, KnownOrigin has become a notable platform in the nft space, showcasing works by artists such as XCOPY, Hackatao, and Miss Al Simpson.
Despite the marketplace closure, KnownOrigin has assured users that existing nfts will remain fully functional and tradable. “All KnownOrigin nfts have been minted on the ethereum blockchain. This means ownership is provable and tokens can be openly traded on secondary marketplaces (such as OpenSea and MagicEden),” the tweets continued.
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