At the moment, artists from Cuba, Iran, North Korea, Syria, and regoins of Ukraine are not allowed to use the KnownOrigin Platform.
Even though they are British NFT platforms and subject to US sanctions, As KnownOrigin grows into a global market, they will take a number of steps that may affect some of their customers.
Access to the KnownOrigin platform has changed as of June 15, 2022, to match the criteria for sanctions in the global ecosystem as a whole. This may affect some artists and collectors.
Artists from Cuba, Iran, North Korea, Syria and parts of Ukraine are now banned from @KnownOrigin_io, even though they are a British NFT platform and those are US sanctions.
Russia once again, like on @opensea, gets the hood pass despite being sanctioned country #1
pic.twitter.com/bugW8Zj4tA
—
.eth (@lucrafund) June 15, 2022
Artists in Cuba, Iran, North Korea, Syria, and the Ukrainian territories of Crimea, Donetsk, and Luhansk can no longer access or sell through KnownOrigin.
The KO team says that they are aware of what these changes will mean. But as a company based in the UK, KnownOrigin is following the most up-to-date legal advice.
Built on the Ethereum Blockchain, KnownOrigin is one of the first and largest NFT Marketplaces in the world. Everyone will be able to find, buy, sell, and collect Digital Art NFTs.
The KnownOrigin platform gives artists a place to make NFTs, which are digital collectibles that are one-of-a-kind, real, and can be tracked. This new way to think about digital ownership is made possible by blockchain technology.
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