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In a move as enticing as the mythical sea monster it’s named after, the Kraken NFT marketplace sails out of the waters of beta and into the vast ocean of the digital realm.
Quick Takes:
- Kraken debuts its NFT marketplace with over 250 tokens, including famous and affordable finds (for under $100).
- Users can buy and sell non-fungible collectibles without gas fees and pay using crypto or cash with 200 payment options.
- The Kraken NFT marketplace launches amid potential legal challenges from US regulators; thus, the platform may have challenging times ahead.
Kraken’s Notable NFT Hub
Setting its compass in the right direction, the marketplace, which previously supported 70 NFTs, now holds more than 250 NFTs across Ethereum, Polygon, and Solana blockchains. Kraken is ready to storm over the cryptoverse with a gold mine of collectibles, digital art, and innovation.
Creating a treasure map that appeals to both seasoned and novice collectors, Kraken NFT offers not only OG blue-chip projects, like the iconic CryptoPunks and Bored Ape Yacht Club, but also hidden gems that are acquirable for under $100.
Other hot collections redefining the space, like uwucrew, DigiDaigaku, Nakamigos, Solana Monkey Business and Reddit Avatars, are also available — everyone can find an NFT that suits their taste.
We are launching out of BETA! 🎉#KrakenNFT is your gateway to buying, selling & learning about NFTs!
— Kraken NFT (@KrakenNFT) June 8, 2023
🔎 Browse 250+ collections
⛓️ Polygon blockchain Integration
🧡 Reddit Collectible Avatars @0xPolygonLabs @Reddit
Read our latest announcement: https://t.co/3Xnn2tMyST pic.twitter.com/l1LTizqwT1
Further Setting the Marketplace Apart
Promising a smooth sailing experience, the NFT marketplace eliminates gas fees typically associated with purchasing and selling NFTs. However, such fees will incur when transferring NFTs and other assets from the Kraken platform.
Users can pay for the digital assets in either cryptocurrency with the support of MetaMask and Solana’s Phantom wallet, and fiat for those that prefer traditional payment methods. In total, the marketplace has 200 different cryptocurrencies and cash options, making the platform suitable for all.
But it’s not all smooth sailing for Kraken. The launch comes amid a whirlwind of regulatory cracks, with US exchanges facing lawsuits from the US Securities and Exchange Commission (SEC). Thus, Kraken’s voyage may have stormy times ahead.
Nevertheless, with this inclusive and innovative approach to the NFT market, Kraken is positioned to conquer the waves of the digital sphere.