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NFT Marketplace Unveils New Features
Strengthening its bid to establish a robust Non-Fungible Token (NFT) marketplace, Crypto.com recently announced the addition of the LooksRare NFT collection to its repertoire. Users will now be able to purchase LooksRare’s fixed-price listings on Ethereum through Crypto.com’s NFT marketplace. The announcement is preceded by a recent development where OpenSea’s blue-chip listings were made available for purchase on the platform.
In addition to the aforementioned cross-market listings, the Singapore-based crypto giant also announced a slew of feature updates for its NFT marketplace:
- The platform has added support for 17 languages to help drive its portfolio to a wider audience.
- Users can save on gas fees as no additional charges are levied for transacting the cross-market offerings within the NFT marketplace.
- A key differentiating parameter, Rarity Score, has been added to the chain’s native NFT collections. This will provide users more insights into the NFTs they are thinking of purchasing, and will enable them to sort their own collections based on these scores.
Crypto.com has a strong focus on building its NFT Marketplace and ambitions to make it a top-tier all-in-one platform – while presenting users with all the utilities in the Crypto.com ecosystem.
At present, users can purchase NFTs on the platform in USD with their debit/credit cards; thereby not requiring new users to dive deeper into the nuances of Decentralized Finance (DeFi), such as creating non-custodial wallets, buying tokens, etc.
What is Crypto.com:
Crypto.com is a cryptocurrency exchange that started operating in 2016. It has extended its reach to over 10 million users within 5 years. The platform was founded by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo, with its headquarters in Hong Kong. In addition to the cryptocurrency application, the platform also runs the Crypto.com Visa card, one of the world’s largest cryptocurrency card programs, the exchange, and a DeFi wallet. The exchange operates across 3 continents, the Americas, Europe, and Asia.