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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