{"id":233522,"date":"2022-04-21T17:00:59","date_gmt":"2022-04-21T16:00:59","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=233522"},"modified":"2022-04-21T14:37:32","modified_gmt":"2022-04-21T13:37:32","slug":"coinbase-launches-nft-marketplace-with-personalization-feature","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/coinbase-launches-nft-marketplace-with-personalization-feature\/","title":{"rendered":"Coinbase launches NFT marketplace with personalization feature"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Coinbase said on April 20 that it has launched beta access for its new NFT marketplace.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new <\/span><a href=\"https:\/\/cryptoslate.com\/companies\/coinbase-nft\/\"><span style=\"font-weight: 400;\">NFT marketplace<\/span><\/a><span style=\"font-weight: 400;\"> will <\/span><a href=\"https:\/\/www.forbes.com\/sites\/ninabambysheva\/2022\/04\/20\/crypto-exchange-coinbase-launches-its-much-anticipated-nft-marketplace\/?sh=653d122c4177\"><span style=\"font-weight: 400;\">work<\/span><\/a><span style=\"font-weight: 400;\"> similarly to social media platforms like Instagram and Tik-Tok. Users will be able to showcase their personal information on their profiles, follow other accounts and like, dislike or comment on NFTs. The platform will create a discovery feed based on user behavior which will offer personalized NFT and account suggestions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Coinbase vice president of product Sanchan Saxena said:\u00a0<\/span><\/p>\n<blockquote><p><b>\u201cThis product is more than just buying and selling, it is about building your community. It is about making sure that you can connect and engage with them on the platform\u2026it\u2019s a very social marketplace.\u201d<\/b><\/p><\/blockquote>\n<h2><b>Upcoming features<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">For now, the platform includes projects from infamous creators like Doodles, Boss Beauties, and Azuki. Coinbase said it will increase the number of collections and creators in the coming months, and deploy new features like airdrops, and minting, as well as the option to buy NFTs with a credit card. The platform will also support any self-custody wallets in addition to Coinbase wallets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, the marketplace hosts NFTs from Ethereum only and doesn\u2019t apply any transaction fees except for the Ethereum gas costs. Coinbasesaid it will support NFTs on multiple chains and eventually implement a low, single-digit transaction fee.\u00a0<\/span><\/p>\n<h2><b>NFT space is heating<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">With almost $23 billion transaction volume and more than a million users, Opensea is the biggest NFT marketplace for Ethereum-based NFTs in the world right now.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">LooksRare <\/span><a href=\"https:\/\/cryptoslate.com\/transaction-volume-up-users-down-is-opensea-challenger-looksrare-gmi\/\"><span style=\"font-weight: 400;\">challenged<\/span><\/a><span style=\"font-weight: 400;\"> Opensea\u2019s dominance in January 2022 with its launch and is currently the second biggest NFT marketplace with $18 billion in transaction volume.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The NFT space has captured the attention of major exchange platforms in recent months. <\/span><a href=\"https:\/\/www.binance.com\/en\/blog\/nft\/binance-nft-launches-igo-welcoming-the-next-generation-of-gaming-421499824684902953\"><span style=\"font-weight: 400;\">Binance<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/ftx.com\/nfts\"><span style=\"font-weight: 400;\">FTX<\/span><\/a><span style=\"font-weight: 400;\">\u00a0 launched their NFT features in October 2021.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase said on April 20 that it has launched beta access for its new NFT marketplace. The new NFT marketplace will work similarly to social media platforms like Instagram and Tik-Tok. Users will be able to showcase their personal information on their profiles, follow other accounts and like, dislike or comment on NFTs. The platform [&hellip;]<\/p>\n","protected":false},"author":1262,"featured_media":233531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76232],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase launches NFT marketplace with personalization feature<\/title>\n<meta name=\"description\" content=\"The beta stage platform is available for a handful of people for now and it will offer personalized suggestions to each user.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/coinbase-launches-nft-marketplace-with-personalization-feature\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase launches NFT marketplace with personalization feature\" \/>\n<meta property=\"og:description\" content=\"The beta stage platform is available for a handful of people for now and it will offer personalized suggestions to each user.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/coinbase-launches-nft-marketplace-with-personalization-feature\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-21T16:00:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-21T13:37:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/04\/image_2022-04-21_183428874.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/coinbase-launches-nft-marketplace-with-personalization-feature\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/coinbase-launches-nft-marketplace-with-personalization-feature\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person\",\"name\":\"Zeynep Geylan\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"caption\":\"Zeynep Geylan\"},\"jobTitle\":\"Journalist\",\"description\":\"Zeynep is an academic who turned to crypto in 2018. 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