Coinbase prepares its own NFT Marketplace

Lo que desde 2012 a la actualidad había sido una plataforma exclusiva para el comercio entre Criptomonedas, está por dar un temerario salto al comercio de NFT´s. No es un proyecto o una especulación, el Marketing NFT es una realidad.

As recently published in a short blog post, Coinbase is preparing its own NFT’s trading platformThis news is of course revealing and makes us wonder. Is Coinbase planning to dethrone Opensea as the world’s largest marketplace? Or just join the same trend of competitors such as Binance and FTX, who have recently announced their integration into the NFT ecosystem with their own platforms.

In the words of Sanchan Saxena, vice president of products at coinbase:

«Creating an NFT should be as easy as pressing a few buttons. Anything more complicated is a barrier to creativity. Coinbase NFT will be a peer-to-peer marketplace that powers the imagination. With an intuitive design built on a decentralized marketplace, Coinbase NFT brings the art and artist experience to the fore.»

In the same way that every industry has gradually moved towards automation, Coinbase NFT plans to break down the operational hurdles that to date have made the creation of NFT a highly complex process. Coinbase interfaces offer an intuitive and highly interconnected experience at the level of social platforms; The objective is to make it easy for content creators and consumers of digital art to participate.

Coinbase also mentions that in the same way that years ago they helped millions of people to access bitcoins in a safe and simple way, the main objective of their Marketplace is to contribute to the democratization of the NFT trade, granting greater control and independence to creators, investors and expanding its reach to a growing community.

The announcement of the new Coinbase marketplacehappens in a context where the company seeks to diversify to reduce its dependence on the commission for cryptocurrency transactions; but also at a time when Opensea occupies a difficult position to compete_; Although at first glance it seems complicated, the accelerated evolution of the world of the NFT announces that we could expect anything.

For its launch, Coinbase has created on its official site, a waiting list where all interested users can register. Coinbase’s NFT platform that will take on Opensea will be officially open by the end of the year.