Coinbase Global Inc Opens NFT Marketplace For All Users

JAKARTA - Coinbase Global Inc is now opening a non-fungible token (NFT) marketplace for all users. This was announced by the US cryptocurrency exchange in a Twitter post on Wednesday, May 4. The platform has previously been rolled out to select users in the United States.

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

First announced in October last year, the platform opened to a "small number" of users in the US in April and the company at the time said more users would be added off its waiting list over the next three to five weeks. tested platforms.

NFT is a type of digital asset, which uses blockchain technology to record ownership of digital files such as images, videos or text.

As reported by Reuters, the asset's popularity skyrocketed in 2021, but its growth has been showing signs of cooling off lately.