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Tag: NFT Business

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eBay Web3 Team Cut 30% Amid Its NFT Business May Close

Key Points: eBay is reevaluating its NFT strategy, with reports of significant layoffs within the eBay Web3 team, including the resignation of Stef Jay, the business and strategy officer. Recent changes follow eBay’s acquisition of NFT marketplace KnownOrigin in June 2022 and the subsequent purchase of TCGplayer, signaling a significant investment in digital collectibles. eBay…
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