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downloadCoinbase has announced the arrival of Coinbase $NFT, its new Non Fungible Token marketplace. At the moment, it is only possible for interested users to join the waiting list.
Coinbase $NFT and the decentralized marketplace
Coinbase has announced the arrival of its decentralized $NFT marketplace, introducing also its new dedicated Twitter channel a few hours ago.
Hello Punks and Penguins
Hello Cats and Kitties
Hello Apes and Art BlocksAnd hello world! This is the official Twitter for Coinbase $NFT. Stay tuned for everything you need to get started when we launch.
Learn more here 👉 https://t.co/SaYlATb8Wd pic.twitter.com/QgYJBDc6NH
— Coinbase $NFT (@Coinbase_$NFT) October 12, 2021
“Hello Punks and Penguins. Hello Cats and Kitties. Hello Apes and Art Blocks. And hello world! This is the official Twitter for Coinbase $NFT. Stay tuned for everything you need to get started when we launch. Learn more here”.
Coinbase $NFT is reportedly a decentralized marketplace for collectible tokens that makes it easier to mint, buy, showcase and discover NFTs.
At initial launch, Coinbase’s signature marketplace will support the Ethereum-based standards of ERC721 and ERC1155, with multi-chain support planned for the near future. Not only that, the platform has been created to support the $NFT community, and connect creators, collectors and fans. Here’s what the announcement reads:
“We’re making NFTs more accessible by building user-friendly interfaces that put the complexity behind the scenes. We’re adding social features that open new avenues for conversation and discovery. And we’re going to grow the creator community exponentially, a win for artists and for fans”.
Coinbase joins the $NFT mania
It is impossible to stay away from it, the $NFT-mania is really infecting all platforms. Even centralized ones, such as Coinbase, which will therefore offer a decentralized marketplace to accommodate the buying and selling of art, gaming, metaverse, collectible tokens and more.
This is also happening because $NFT sales have exploded, with volume soaring.
According to reports, the top marketplace is OpenSea with $8.72 billion in volume, followed by Axie Infinity and CryptoPunks with total volumes of $2.5 billion and $1.46 billion respectively.
Among the top $NFT sales is CryptoPunk #7804 at $7.56 million, followed by $NFT Crypto Punk #3100 at $7.51 million and Ringers #109 at $6.93 million.Â
However, if we look at the top sale of the last 24 hours there is Fidenza #288 for $489,000. This is not the same Fidenza purchased a few days ago by Cozmo de’ Medici, who later turned out to be Snoop Dogg, which was declared the first most expensive in the sector.
$NFT marketplace in continuous growth and development
All crypto platforms are slowly making the decision to enter the $NFT world by creating their own marketplaces based on certain blockchains.
Since the beginning of last summer, crypto-exchange giant Binance has been operating its $NFT marketplace, inviting artists two months earlier to send in their applications to join Binance $NFT.
Earlier this month, Flow Blockchain also reportedly announced the launch of BloctoBay, its new $NFT marketplace. So while OpenSea offers support for cross-blockchain on Ethereum, Polygon and Klaytn, BloctoBay offers support for Flow NFTs.