Coinbase NFT, a Web3 social marketplace for NFTs, was announced by Coinbase last year. They came to the realization that people are looking for more than just improved tools to buy and sell NFTs. They want new ways to discover them, find the right communities, and identify spaces where they can feel connected with each other. Because of this, Coinbase developed a product that is significantly more than just a transaction.
Create, collect, and connect
To buy and sell NFTs, beta testers will be able to create a Coinbase NFT profile that can be used with any self-custody wallet, regardless of whether or not it is the Coinbase Wallet. Transaction fees on Coinbase are being waived for a limited time. According to the company, they plan to eventually implement fees that are in accordance with Web3 industry standards, and they will give prior notice of any changes.
You can use NFTs to build a profile that tells your story and represents you. NFTs can be highlighted or hidden on your profile by connecting any self-custody wallet.
Growing NFT communities have shown us that online conversation goes far beyond the moments of transaction. They're creating a space that's more than just a marketplace for transactions between buyers and sellers. With Coinbase NFT, the company hopes to aid in the development of online communities by making it easier for people to create and share their work.
Join the conversation by leaving comments on other people's profiles. You can leave comments directly on NFTs and vote on them as the conversation progresses.
Find the hottest NFTs
The Discover feed makes it simple to look through NFTs for sale. Save time by getting personalized NFT recommendations instead of having to look for them on your own. Recommended products and services will be tailored to your tastes and interests as you interact with the market and make purchases.
Buy and sell NFTs with ease
Coinbase NFT has simplified the process of purchasing and selling NFTs. Get inspired by the NFTs in your feed, collection pages, and profiles. Check out their Shop tab to see what's available and select an NFT that speaks to you. You'll see a wide variety of work from featured creators like Otherdeed, Doodles, and Moonbirds as you utilize these features.
The future of Coinbase NFT
Coinbase NFT has plans to add new features that will bring their vision of a web3 social marketplace to life. It's expected that they will offer:
- Token-gated communities
- Buy NFTs with a credit card or your Coinbase account
- Support for NFTs on multiple chains