Coinbase Sees 1.4 Million Signups for New NFT Platform

The Coinbase NFT marketplace is seeing an “insane” amount of traffic as the number of users on the waitlist exceeds 1.4 million.

The waitlist for Coinbase NFT, a peer-to-peer marketplace for non-fungible tokens (NFTs), has already seen over 1.4 million signups, and that’s in less than 48 hours since the San Francisco-based crypto exchange announced the imminent launch of the platform on Tuesday.

OpenSea and Rarible are the NFT market’s current incumbents. The two were responsible for a combined $6.8 billion in trading volume in Q3 2021, with OpenSea contributing more than 99% to that figure, according to the latest report from blockchain analytics firm CoinGecko.

*Coinbase NFT will initially be available to US users with future expansion plans globally!

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https://www.coinbase.com/nft/announce/1R9BSV.share