Crypto exchange Coinbase opens up NFT marketplace to all users


72
112 shares, 72 points


A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration

Register now for FREE unlimited access to Reuters.com

May 4 (Reuters) – Coinbase Global Inc (COIN.O) is opening up its non-fungible token (NFT) marketplace to all users, the U.S. cryptocurrency exchange said in a Twitter post on Wednesday, a platform which it had earlier rolled out for select users in the United States.

Coinbase said its NFT marketplace is in the beta stage and the company is still working on adding more features to the platform.

First announced in October last year, the platform was opened up to a “small number” of users in the U.S. in April and the company had at the time said more users would be added from a waiting list over the next three to five weeks while the platform is tested.

NFTs are a type of digital asset, which uses blockchain technology to record the ownership of digital files such as an image, video or a piece of text. read more

The popularity of such assets skyrocketed in 2021, but its growth has displayed signs of cooling of late. read more

Register now for FREE unlimited access to Reuters.com

Reporting by Sohini Podder in Bengaluru; Editing by Shailesh Kuber

Our Standards: The Thomson Reuters Trust Principles.



Source link


Like it? Share with your friends!

72
112 shares, 72 points

What's Your Reaction?

hate hate
30
hate
confused confused
16
confused
fail fail
6
fail
fun fun
3
fun
geeky geeky
33
geeky
love love
23
love
lol lol
26
lol
omg omg
16
omg
win win
6
win
Daily List

0 Comments

Choose A Format
List
The Classic Internet Listicles
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Story
Formatted Text with Embeds and Visuals
Poll
Voting to make decisions or determine opinions