Coinbase to launch NFT marketplace ‘soon’
- Posted on June 9, 2022
According to the official Coinbase NFT Twitter account, the Coinbase NFT marketplace is likely to launch in the near future.
According to an update on the official Coinbase NFT Twitter account, Coinbase Global Inc.
A market for non-fungible tokens (NFTs) may be launched in the near future.
happened
“When will Coinbase NFT? ” Coinbase’s NFT team tweeted on Tuesday.
Text COINBASE NFT? Soon.
We recently met with over 100 creators and we will continue to build products based on community feedback. We appreciate your patience and can’t wait to show you what we’re doing.
-COINBASE NFTs
— COINBASE NFT (@COINBASE_NFT) March 14, 2022
The platform said it recently met with more than 100 creators and took community input into account in market development.
because it matters
The launch of the Coinbase NFT marketplace is highly anticipated in the cryptocurrency space. Just weeks after the cryptocurrency exchange announced plans to launch the platform, more than 2 million people have signed up for Coinbase’s NFT waitlist.
Coinbase CEO Brian Armstrong said he expects the company’s NFT business to be on par with or even exceed its business of allowing users to trade bitcoin. bitcoin
, Ethereum
and Dogecoin
.
In January, Coinbase announced that it had partnered with payments giant Mastercard.
Simplify the NFT shopping experience on the upcoming platform.
Coinbase’s biggest competitor in this space may be OpenSea, the largest decentralized marketplace for NFT transactions.
According to data from DappRadar, OpenSea’s transaction volume has dropped by 47% over the past 30 days. At the time of writing, OpenSea smart contracts have grossed $2.02 billion in revenue.
price fluctuation
Shares of Coinbase rose 1.51% to $155.5 in the aftermarket.
According to the official Coinbase NFT Twitter account, the Coinbase NFT marketplace is likely to launch in the near future.