eBay's KnownOrigin is launching creator smart contracts, allowing artists to split earnings and earn royalties as co-creators.
on Feb. 16, e-commerce platform eBay's nonfungible tokens marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators. As told by KnownOrigin, users have been testing its Creator Contract beta release for the past few weeks, with 84 contracts thus far deployed and 250 edition of NFTs minted. From Feb.
eBay has enabled NFT listings on its direct marketplace since May 2021. However, the company has not integrated blockchain technology to support transfers or crypto-based sales on its platform. During an airdrop last May, users were required to use in-platform messaging or email to receive their NFTs outside of the platform. eBayFounded in 2020, KnownOrigin is known for having its dedicated, boutique community of NFT artists and creators.
This piece is minted using KnownOrigin Creator Contracts, making use of the collaboration feature which will be available to all approved Creators on the 24th Feb!
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