Coinbase’s NFT Marketplace is Now in Beta: Take a look at this

Coinbase, one of the most popular cryptocurrency exchanges, has officially launched its NFT marketplace. After months of development, the long-awaited platform has finally gone live in beta form.

The highlight is the like and comment functionality; users can now like and comment on other people’s NFTs on the platform, just like they can on Instagram, Facebook, or Twitter.

A Web3 Social Network?

Since October of last year, the largest exchange in the United States has been involved in the NFT foray, confirming plans to build its own NFT marketplace called Coinbase NFT.

The move was widely welcomed by the crypto community and Coinbase users, with over 3 million registrations at the time of announcement.

Despite widespread public support, the development of Coinbase NFT has taken a long time, raising concerns about the official release date.

The NFT marketplace beta was finally released on Wednesday in the form of a public post on Coinbase’s official Twitter account.

Coinbase NFT has marketplace-like features such as buying, selling, and exchanging.