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Blockchain.com announces its own NFT marketplace

Blockchain.com announces its own NFT marketplace

Blockchain.com, a cryptocurrency exchange and wallet provider, announced the launch of a platform for trading non-fungible tokens (NFTs).

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NFTs are coming to https://t.co/0DZyULavbV. ✨ Secure your spot to get first access at https://t.co/aqBZgj5UoNhttps://t.co/5yUuMwhpMY

— Blockchain.com (@blockchain) December 2, 2021

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“Growth and hype around the NFT space are undeniable, but we see many of the same problems that cryptocurrency faced in its early days,” the company said.

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Blockchain.com believes that access to the market for digital collectibles is “too complex and unintuitive.”

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“We want to make access as simple as the cryptocurrency market. With the Blockchain.com NFT marketplace you will be able to browse, buy, sell and securely store NFTs, without leaving your wallet,” the company said.

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Blockchain.com opened waitlist registrations for users. The beta version of the platform is planned to launch in the coming weeks.

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Earlier, several large exchanges — including Binance, FTX, Coinbase and OKEx — decided to launch their own NFT marketplaces. However, OpenSea dominates the sector, accounting for about 96% of the total trading volume of $1.98 billion in November.

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Collins later named NFT the word of the year for 2021.

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