According to a number of job postings on LinkedIn, the online e-commerce giant, eBay is in the process of hiring talents for a variety of open roles in the fields of Web3 and NFT technologies.
eBay, the industry leader in online commerce, is now recruiting for Web3 roles, mostly centered on its NFT platform, KnownOrigin.
According to the LinkedIn job posting, the Web3 roles will largely support KnownOrigin and concentrate on offering guidance on the business plan as it develops into NFTs and other blockchain technology.
KnownOrigin is a digital art platform that allows artists and collectors to buy, sell, and trade NFTs. The NFT platform is known for its focus on quality digital art and its community of passionate collectors and artists.
It was acquired by eBay in January 2023 as part of the company’s efforts to enter the NFT space. The acquisition is part of the company’s strategy to explore new technologies and business opportunities in the e-commerce space, and to provide its customers with a wider range of products and services.
About eBay
eBay is a multinational e-commerce corporation based in San Jose, California. It was founded in 1995 and became one of the largest online marketplaces in the world, connecting buyers and sellers across the globe. eBay allows individuals and businesses to buy and sell a wide range of goods and services, from consumer electronics to fashion, home and garden items, and more. It operates through a bidding and auction system, where items are sold to the highest bidder, as well as through a fixed-price system. In addition to its e-commerce platform, eBay also owns PayPal, a widely-used online payment system.
Going head to head with Amazon
It is too early to say if eBay and Amazon will directly compete in the NFT space, as both companies have just announced their plans to enter the market and are still in the early stages of development. However, as two of the largest and most influential e-commerce companies in the world, a potential head-to-head competition between them would certainly be significant for the NFT market. With their vast reach, resources, and customer base, a competition between eBay and Amazon could drive innovation and growth in the NFT space, leading to new use cases and opportunities for buyers and sellers alike. However, it remains to be seen what strategies both companies will pursue and how their respective NFT marketplaces will evolve over time.
Final Thoughts
The entry of e-commerce companies like eBay and Amazon into the NFT market space is a significant development for the industry. These companies bring a wealth of resources, experience, and a large customer base to the table, which could drive innovation and growth in the NFT space. With their ability to reach a vast global audience, these companies could also play a major role in increasing the mainstream adoption and awareness of NFTs. The entry of these companies could also lead to new use cases for NFTs and create new opportunities for buyers and sellers alike.