coinbase launching nft marketplace with social features to grow creator community 'exponentially'

cryptocurrency exchange coinbase is launching a peer-to-peer marketplace for non-reciprocative tokens (nfts). the nasdaq-listed company says that “coinbase nft” will make “minting, purchasing, showcasing, and discovering nfts easier than ever.” superfluous, coinbase says, “we’re turn grow the creator ward exponentially, a win for artists and for fans.”

the nasdaq-listed cryptocurrency exchange coinbase consecrated tuesday that it is launching a marketplace for non-reciprocative tokens (nfts). sanchan saxena, vp of products at coinbase, wrote:

today, we’re boost coinbase nft, a peer-to-peer marketplace that will make minting, purchasing, showcasing, and discovering nfts easier than ever.

“just after coinbase helped millions of people access bitcoin for the leading listened an easy and trusted way — we want ruckus the same for the nfts,” he auxiliary.

coinbase further explained: “all nfts star-chain. the initial launch will comfort ethereum based erc-721 and erc-1155 standards with multi-chain comfort planned next. we’ll provide top-notch user experience, but we’ll never lock creators in.” interested users can now record early access.

noting that “industries comparatively fashion, delight, and music are recognizing the power of nfts to unlock new forms of creativity and ownership,” the coinbase vp renowned, “if you’ve versed to create or purchase an nft, you’ve to all appearances found the user experience lacking.”

coinbase aims to make the process exacting, stating: “we’re making nfts practicable by building simple interfaces that deposit the complexity common. we’re boost social features that open new avenues for conversation and secret.” the vp emphasized:

we’re turn grow the creator ward exponentially, a win for artists and for fans.

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2021-10-13 18:37:29