Cryptheory – Just Crypto

Cryptocurrencies are our life! Get an Overview of Market News

Coinbase joins hype and launches new marketplace with nonfungible tokens Coinbase NFT

2 min read
 

Coinbase has announced the arrival of Coinbase NFT, its new marketplace with nongungible tokens. At this time, it is possible for only interested users to join the waitlist.

Coinbase NFT, decentralized marketplace

Coinbase announced the arrival of its decentralized NFT marketplace and also introduced its new dedicated channel to Twitter.

Coinbase NFT is reportedly a decentralized marketplace for collector tokens that facilitates the creation, purchase, demonstration and sale of NFTs.

Initial launch, the Coinbase NFT will support the Ethereum-based ERC721 and ERC1155 standards, with multi-chain support planned in the near future. The platform was created to support the NFT community and connect creators, collectors and fans.

“We are making NFT more accessible by creating a user-friendly interface that puts complexity at the forefront. We’re adding social features that open up new avenues for conversation and discovery. And we will expand the community of creators exponentially, which is a win for artists and fans alike. “

Coinbase joins the hype

The NFT hype really infects many platforms. Even centralized ones like Coinbase, which therefore offers a decentralized market for buying and selling art, games, metavers, collectible tokens and more. Since the beginning of last summer, the giant Binance has operated its NFT marketplace, and recently the FTX platform was added with its marketplace based on blockchain Solana.

More will certainly be added as NFT sales explode and soar.

According to data, the best markeplace are OpenSea with a volume of 8.72 billion dollars, followed by Axie Infinity and CryptoPunks with a total volume of 2.5 billion and 1.46 billion dollars.

Top NFTs include CryptoPunk # 7804, which sold for $ 7.56 million, followed by  Crypto Punk # 3100 token for $ 7.51 million and Ringers # 109 for $ 6.93 million. In addition to Beeple’s famous $ 69 million sale of “Everydays: the first 5000 days”, the sale of the World Wide Web’s $ 5.43 million source code was a big event, as was the sale of the first tweet in history written by Twitter CEO Jack Dorsey, which sold for $ 3 million.

If we look at the highest sale in the last 24 hours, there is Fidenza # 288 for $ 489,000.

The Shiba Inu ecosystem will launch its NFT Shibosis collection

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

Leave a Reply

Your email address will not be published. Required fields are marked *