Following the layoffs in February, the future trajectory of eBay's NFT marketplace KnownOrigin has finally been set. The official statement clarifies that, due to the dynamic adjustments in the NFT market, the company has decided to shut down its online platform and minting services. Despite all the NFTs minted on the platform being based on the Ethereum blockchain, ensuring ownership rights and liquidity on secondary markets like OpenSea and MagicEden, this decision marks the end of an era.