Coinbase NFT announced on its official Twitter account on March 14 that its team has met with over 100 creators to prepare for the launch of its new NFT marketplace.
However, no official launch date has been set as of yet. What is certain is that the marketplace will open soon and will include a number of features and technologies that the competition does not have.
Coinbase NFT marketplace’s primary difference, according to the firm, will be a new “social function” that aims to increase the connection between artists and users, allowing them to build an endlessly growing community of creators.
On January 18, the largest cryptocurrency exchange in the United States Coinbase announced an important collaboration with a well-known payment firm Mastercard. This event is intended to make it easier for NFT buyers to buy and sell NFTs without owning any cryptocurrency, thereby increasing the popularity of NFT trading even for those who have not yet entered the crypto market.
“Owning NFT shouldn’t be predicated on owning crypto. That is why we are partnering with Coinbase to make it easy for everyone to buy NFTs with Mastercard,” Raj Dhamodharan, this payment firm’s EVP Digital asset/Blockchain products & Digital partnerships, wrote on his Twitter.
“Coinbase wants to simplify the user experience to allow more people to join the NFTs community. Just as we helped millions of people access Bitcoin for the first time in an easy and trusted way, we want to do the same for NFTs,” Mastercard wrote in its partnership announcement, “That’s why we’re working with Mastercard to classify NFTs as “digital goods,” allowing a broader group of consumers to purchase NFTs. And, coming soon we’ll “unlock” a new way to pay using Mastercard cards.”
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