Coinbase NFT Marketplace to Launch Soon

Coinbase has announced the launch of their latest NFT marketplace, where they have a lot in store for all future NFT collectors that aim to utilize their platform.

Coinbase has announced the upcoming launch for their latest NFT marketplace. The popular exchange claims they have a lot in store for all future NFT collectors looking to utilize their platform.

Coinbase Teases Marketplace

Through an official announcement made on Twitter on March 14th, 2022, Coinbase announced that their native NFT marketplace would be launching “Soon.”

In fact, according to the announcement, the exchange has met with over 100 creators throughout the creation of the platform, and is continuing to build based on the feedback they have received from the community. 

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They also thanked their followers for their patience.

At this time, no official launch date has been stated, however, it is clear that the marketplace is intended to be launched in the near future, and will feature several tools and innovations that make it stand out from the competition.

The main difference, according to Coinbase, will be the new “social function,” which aims to improve the interaction between the artists as well as the users and allow them to create a community of creators which can grow exponentially.

Why You Should Care

Healthy competition among the NFT marketplaces is beneficial to both collectors and creators as it enables both sides to obtain more exposure among both buyers and the overall NFT market. 

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Milko Trajcevski

Milko Trajcevski is a DailyCoin news reporter, mainly focused on Ethereum (ETH), Cardano (ADA), and their founders (Vitalik Buterin and Charles Hoskinson). Milko is an avid follower of crypto and blockchain technology and has written thousands of articles on the subjects. He finds joy in transforming complex issues into written content that anyone can understand. Milko has used and analyzed numerous exchanges, such as Coinbase, FTX, and Binance. He also closely follows all of the latest news around the largest decentralized exchanges (DEXs). Location: Skopje, Macedonia