BlockchainCom Taps NFT Realm With Beta Version of its New Marketplace

BlockchainCom Taps NFT Realm With Beta Version of its New Marketplace


Blockchain.com outlined plans to launch a marketplace exclusively focussed on NFTs to cater to the rising demand and fortunes that have attracted the attention of well-known individuals from different fields. With this move, the Luxembourg-based company is the latest one to dip its toes into the NFT market.

It joins the list of crypto giants such as Binance, Coinbase, and FTX.US, which have announced the launch of new NFT-focussed wings.

Blockchain.com’s NFT Marketplace is Coming Soon

The platform revealed working on an NFT marketplace, but it’s yet to disclose a release date. However, it revealed that users will be able to purchase, sell, and store non-fungible tokens through the Blockchain.com wallets in the next few weeks.

Apart from announcing the opening of a beta list for the new platform, the official blog post also cited challenges in adoption and the market’s complex and unintuitive nature. Consequently, the platform aims to make assessing the NFT market as easy as entering the cryptocurrency market.

okex

Its announcement reads,

“Over the last ten years, we’ve helped tens of millions of people access crypto by providing an easy way to buy, sell, swap, store, and earn crypto. Now we want to make it easy for people to access the exciting, new NFT market.”

Besides, Blockchain.com recently announced the acquisition of SeSocio, which is an Argentinian-based crypto investment platform, as it aims to expand its footprint across South America. Additionally, the firm earlier completed a $300 million Series C funding round to drive its valuation to $5.2 billion.

OpenSea Takes the NFT Crown

The NFT sales volume has amplified to a whopping $10.7 billion in the third quarter of 2021. As a result of the ongoing frenzy, the market figures have increased over eightfold from the previous quarter. Despite a minor slump in NFT trading volume in September, the figures are back on track.

The market is heating up as it continues to witness a strong sales volume on the leading NFT marketplace OpenSea. As a matter of fact, CryptoPotato recently reported that the trading volume figures for the platform have multiplied ten times since mid-August and recently surpassed the coveted $10 billion mark.

SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to $1750.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You have not selected any currency to display

Pin It on Pinterest

Ico-Investor
Changelly
Ico-Investor
BlockchainCom Taps NFT Realm With Beta Version of its New Marketplace
okex
BTCC
It Needs a Seat at the Table (Op-ed)
Dymension Is Preparing For Its Season 2 Airdrop & Beyond Upgrade
VeChain Kicksoff $15M StarGate Staking Program After SEC's Staking Clarity
PEPE Coin Price Prediction: 2025, 2026, 2027
Coinpedia - Fintech & Cryptocurreny News Media
XRP price prediction
Blockfi
Ledger
Brutal 20% Ethereum price sell-off is not over, but is there a silver lining for ETH?
Riot Platform’s Power Strategy Boosts Credits Amid Production Decline
Crypto Advocacy Groups Urge Dismissal of Case Against Bitcoin Mixer Samourai
Polymarket Users Debate Ukrainian President Zelenskyy’s Outfit
Dogwifhat (WIF) jumps 60% as meme coin market rebounds
Brutal 20% Ethereum price sell-off is not over, but is there a silver lining for ETH?
Riot Platform’s Power Strategy Boosts Credits Amid Production Decline
Crypto Advocacy Groups Urge Dismissal of Case Against Bitcoin Mixer Samourai
Polymarket Users Debate Ukrainian President Zelenskyy’s Outfit