Coinbase: NFT marketplace may be bigger than the Crypto Exchange

According to Fortune Magazine, “Coinbase Global Inc. co-founder Brian Armstrong says the market for non-fungible tokens could rival or even be larger than the company’s cryptocurrency business.” 

Coinbase plans to open its own NFT marketplace, where people will be able to trade digital art and other items, in the next quarter or two. 

The company wants to offer a one-stop experience for users where they can make purchases and store their holdings on a platform that would provide a social media experience more similar to Instagram than a traditional marketplace such as EBay Inc.

Read the original article here –   Fortune Media


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