• Coinbase is launching its own NFT marketplace.
  • More than 1 million have signed up, according to CEO Brian Armstrong.

Non-fungible tokens (NFTs) continue to define the 2021 crypto market. In fact, Coinbase is launching an NFT marketplace. According to CEO Brian Armstrong, more than 1 million users have already signed up since the marketplace has opened its waiting list on October 13.

Coinbase NFT will be an all-in-one marketplace where users can mint and display their NFTs for sale. The platform will also allow users to buy NFTs. The estimated time of launching of the marketplace is before the end of the year, according to the website FAQ

Currently, persons 18 years old and above and those living in the US can join the waitlist. However, Coinbase said that the marketplace will cater to people from different countries later on.

Users who sign up early on the waitlist can have early access to the marketplace. For those who want to move up the ranks, Coinbase is offering a scheme wherein those who refer more people to sign up will enhance their position in the list.

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