(Twitter) Coinbase says it has met more than 100 creators as it moves closer to launching its NFT marketplace.
The exchange notes that the meeting with the creators aims to obtain community feedback in readiness for the NFT marketplace, which it expects to launch “soon.”
The US crypto exchange has sought to differentiate itself from peers by becoming a “social function” for creators and users. CEO Brian Armstrong says the NFT market could surpass that of cryptocurrencies.
Already, at least 2.5 million users have registered to join Coinbase NFT, only five months since it was announced.
The Coinbase NFT is already gaining traction, with the market warming up to its launch since it already enjoys legal compliance in the US.
Coinbase is now expected to attract users from rivals such as OpenSea, which has already witnessed an exit of around 15% of users in only 30 days. Its transaction volume has also declined by 42.65%.COIN: NASDAQ is down -0.35%.
