Coinbase (NASDAQ:COIN) Teases the Marketplace
Through an official announcement made on Twitter (NYSE:TWTR) on March 14, 2022, Coinbase announced that they will launch their own native NFT marketplace, “Soon”
They also thanked their followers for the patience they have showcased.
However, nowhere within this announcement do they showcase an official launch date. However, it is clear that the marketplace should be launched somewhere within the near future and that it will feature several tools and innovations as a means of enabling it to stand out from the competition.
The main difference, according to Coinbase, will be the new “social function,” which aims to improve the interaction between the artists as well as the users and allow them to create a community of creators which can grow exponentially.
On the Flipside
Why You Should Care
Healthy competition within the NFT marketplace sphere is beneficial to both collectors as well as creators, as it enables both sides of the equation to gain higher exposure, either to buyers or to the overall NFT market.
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Source: Cryptocurrency - investing.com
