NFTs News

Everyone Can Access Coinbase’s NFT Marketplace Beta From Now On!

Everyone Can Access Coinbase’s NFT Marketplace Beta

Coinbase said on Wednesday that the public beta version of its non-fungible token (NFT) marketplace is now available for everyone.

“[W]hat does it mean to be in open beta? It means we’re still working on adding more features to the product, but eager for you to help us build in public,” the company tweeted yesterday.

Last month, Coinbase announced that its NFT marketplace is in beta, and that “a small set of beta testers who’ll be invited based on their position” on the waitlist will be welcomed. However, in the first week of its beta, the NFT marketplace witnessed just 900 transactions and 73 ETH (about $210,000) in sales volume, however, Coinbase did not specify how many users were given access to the site.

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.

Some teaser images of the marketplace have been revealed that resemble a mix of Instagram and OpenSea. Users may create profiles to display their collections (which others can follow), as well as a discover feed that, according to Coinbase, can suggest NFTs to you “based on what you buy, what’s trending, who you follow, and more.” The upcoming NFT marketplace, as OpenSea and other markets, promotes favouring NFTs.

On January 18, the largest cryptocurrency exchange in the United States 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.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News

Victor

Recent Posts

Bitcoin, Ethereum, And Solana Lead Crypto Market, But Not For Long With New AI Altcoin With 30,000% Potential, Expert Says

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…

1 hour ago

Dogecoin Price Prediction: Will DOGE Ever Hit $0.7 Again? Why ETFSwap (ETFS) Is The Best Alternative For 100x Gains

Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…

4 hours ago

Step into BlockDAG’s Presale Frenzy This November: Secure a Massive 100% Bonus with BDAG100!

November is the perfect time for BlockDAG's huge presale. Use BDAG100 to double your purchase.…

6 hours ago

OpenSea New Version Will Be Launched In December

OpenSea new version is scheduled to launch in December, with an improved user experience, improved…

6 hours ago

This website uses cookies.