Categories: Blockchain

Blockchain.com will soon open a new NFT marketplace

Blockchain.com is about to launch a new NFT marketplace that will make it possible to buy, sell and hold ETH-based NFT as we read more about it in today’s blockchain news.

The exchange renames its waiting list for the NFT marketplace Blockchain.com because it is not satisfied with generating additional income beyond Bitcoin and Altcoin trading so that they can participate in NFT trading. Blockchain.com is set to open a new NFT marketplace, and the company says the feature will be available in a few weeks and is currently taking registrations on the waiting list. According to the press release:

“We want to make access to the NFT market as easy as access to the crypto market. The Blockchain.com NFT Marketplace (in beta) allows you to securely browse, buy, sell, and store NFTs without leaving your Blockchain.com wallet. ”

NFT is a digital proof of ownership created using smart contracts on blockchain such as Ethereum, Solana and Move. They are often associated with digital art, audio files, and collectibles, but can be attached to tangible objects. Blockchain has a huge potential user base that can participate in the NFT market. Founded in 2011 as a block explorer, it distributed one of its BTC wallets and allowed people to store keys in their coins. It has around 80 million wallets, while MetaMask is the most famous wallet for navigating ETH-based applications and reached 21 million active users in November, according to ConsenSys.

If blockchain can convert a small fraction of wallet owners into NFT buyers, it can make more money. Coinbase NFT is slated to hit the market before the end of the year. FTX NFTs continued their existing support for SOL tokens and presented Ethereum collectibles like the popular cryptoPunks and the NFT Club Bored Ape Yacht Club a day ago. Gemini, is an exchange made by. Founded Tyler and Cameron Winklevoss, bought Nifty Gateways in 2019 a year before digital collections were back in trend. After a strong run in 2021, Nifty Gateway saw a decline in trading volume and mints as companies enter the market to compete with Rarible, OpenSea, and others.

When Blockchain.com acquires SeSocio, around 100 of its employees will join the blockchain company, bringing the global workforce to 400. The large crypto wallet and data company is expanding in Latin America after acquiring the Argentina-based crypto company.

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