Origin creator-centric NFT platform has announced an update; creators using Origin’s NFT Launchpad will host secondary marketplaces for their NFTs on the same websites that are running their direct sales. This gives their collectors dedicated places to buy and sell NFTs from the creators’ direct sales.
NFT Marketplaces will gradually roll out to existing sites powered by Origin. In addition, all future NFT sales sites will have marketplaces built-in, giving creators the ability to control the branding and experience around resales. This product launch fulfils a key milestone in our roadmap towards building an industry-leading end-to-end NFT platform.
With NFT Marketplaces, buyers and collectors of a creator’s NFTs will be able to put them up for sale again on the same web property where the initial sale is conducted.
Every time an NFT changes hands on an NFT Marketplace, a portion of the sales proceeds will go to the original artist. This new structure for how value is exchanged rewards artists and creators over the long term and is one of the innovations NFTs bring to the table over old ownership models.
This increased utility will attract more creators and collectors, driving up the secondary trading volume. This means increased revenue that can be directed towards OGN buybacks and more eyeballs on Origin and OGN.
Recently, IBS Intelligence reported that The Luxembourg Stock Exchange (LuxSE) and London-based FinTech company Origin had completed the first fully digital listing of debt security on LuxSE via Origin’s digital platform. The first bond issuance to be listed at LuxSE through the digital process of the Origin platform was a EUR 10 million senior note issuance by Banque Internationale à Luxembourg (BIL), issued and listed on LuxSE on Friday 26 February 2021.
Published By : IBS Intelligence