By George Ward
Companies must find ways to stay competitive as the world continues to explore and adopt blockchain-based technologies. eBay, the world’s largest online marketplace, stepped up its Web3 game with the recent acquisition of the leading NFT marketplace, KnownOrigin.
With its acquisition of KnownOrigin, eBay is taking a big step into the world of NFTs and its potential to revolutionize online commerce. Following the recent deal, the company has been actively recruiting for multiple Web3 roles to demonstrate its commitment to the rapidly expanding blockchain industry.
These positions will focus on developing and maintaining the NFT marketplace and discovering new ways to utilize the technology. With the company’s expertise and dedication, it is poised to become a leader in the NFT and blockchain space.
Recent job postings on LinkedIn suggest that eBay’s NFT platform, KnownOrigin, is looking to increase its presence to aid this feat. Since June 2021, when the e-commerce giant acquired the NFT marketplace, it has been seeking experienced professionals to join its team.
Vacancies include a Head of Community, a Content Designer, a Tech Lead, and a Crypto Counsel to provide expertise in areas such as regulation, taxation, finance, privacy, information security, intellectual property, Web3, NFTs, and crypto-assets.
A Challenging Operational Environment
The economic climate over the past year has been challenging for crypto companies. Last week, Digital Currency Group’s Luno Exchange announced a 35% reduction in personnel due to a “challenging year.”
Similarly, Gemini Exchange was forced to make a third round of layoffs in June, cutting 10% of its staff. These cuts in staff and a lack of recruitment have tremendously impacted the industry, demonstrating the severity of the current economic climate.
Despite the difficult decisions that had to be made, eBay remains devoted to driving innovation and growth within the crypto space. As the world of blockchain technology and Non-Fungible Tokens (NFTs) continues to expand, eBay is committing to the industry with its push for the top talents in crypto.
This move is a sign of the company’s faith in the potential of NFTs in e-commerce and its commitment to embracing cutting-edge technology. As a global leader in e-commerce, eBay has the resources, user base, and name recognition necessary to impact this rapidly growing industry significantly.