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Coinbase NFT

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Written by   156
1 month ago

As I was reading through the news I came across an article. This article had some interesting and promising news.

Coinbase is starting a NFT market called "Coinbase NFT"! This is big news. From what I have read Coinbase will also have social features which from my understanding will allow you to showcase your NFT collection and talk about Crypto. Not sure if it will be about everything but definitely know it will be about Crypto. I also read that this will tap into the creator market. This market is based on people making money posting videos and other content. I am wondering if this means that people who post and collect followers can be tipped for their content or it will be a way for creators of NFT's to get noticed? I am also wondering if it will be something along the lines of noise.cash or something closer to Uhive? Or will it be something new and improved?

Here is an article all about the subject. Coinbase is launching a marketplace for NFTs

Coinbase NFT is going to be released later this year. I am not sure exactly when but from what I have been reading they have a referral system that helps you try the platform before others do. The more referrals you have the closer you will be to becoming one of the first people to be able to try this amazing new platform. They go by a ranking system and the closer you are to #1 the sooner you will be able to use the platform before anyone else. At the moment I am ranked #1,030,483. I am in no rush but it would be nice to be a little closer. Nothing comes easy in life as they say.

If you have not had the chance to check out Coinbase NFT then I suggest you check out the Coinbase NFT website and check out their Twitter page.

Coinbase is a well-known and trusted Crypto wallet. Knowing that they will be getting into the NFT market is awesome. I believe that this is going to change a lot of things in the Crypto world. Just recently Opensea admitted that there has been inside trading on their platform. It is not a lot, somewhere around 18.875 ETH or around $67,000 at the time. So it is a lot to smaller investors like myself but not to the whales. Here is an article on the subject if you want to check it out. This is not a lot in the big scheme of things but I have a feeling more is going to come to light in the coming months or years. Coinbase is watched closely already by everyone. I am sure the government is all over them and the chances of something happening like what happened on Opensea is slim to none. There is still a chance but it is a lot less likely than unregulated platforms like Opensea.

I have read through some of the comments and articles about Coinbase and I am disappointed in what some people have to say. I hear people saying that they hate Coinbase because the person complaining got locked out of their account and Coinbase could not do anything to help them get into their account. This is a plus for me. This means that they are hardcore about their security. This means that it is up to you to keep your passwords safe and to make sure you know what you are doing. I have always stressed to people to always set up 2FA and to always write their passwords down. Do not save them digitally. If you do save them digitally and do not have your 2FA set up then the chance of your account being compromised is magnified by a lot. It is not Coinbases fault if you lose your password or can not get into your account. I also wonder if these people used accounts without setting up the right KYC. I would think that if you have set up a legit KYC then Coinbase would do whatever they could to help you. If you hear someone talking down Coinbase then I suggest you do your own research and I am sure you will come to the conclusion that Coinbase is one of the safest wallets out there.

I believe that Coinbase NFT is going to be a game-changer for the NFT market and allow us, little people, to be a part of something big. I wish I was artistic because I would like to be a part of this. I think I am going to try to make some art and see what happens. You never know until you try!

I hope you enjoyed reading this and take a second to check out Coinbase NFT. I am excited to see what it is all about when it is released. I wonder if they will have an app like the Coinbase app.

Please like and follow for more content and to help my Crypto journey grow. I appreciate all of you and stay tuned for my next article about Big Tech and Government.

Thanks for reading!

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Written by   156
1 month ago
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Comments

I had not heard about this, but I DO use Coinbase exclusively right now for all of my crypto activities. I really have no interest in NFTs, but I will still check out the supported article and take a look for myself to see if it something that I would have any interest in.

Thanks for pointing it out to me.

$ 0.02
1 month ago

I appreciate the comment. I used to not have an interest in NFT's either until I started using WAX and Uhive. This is when I realized that the NFT world can be lucrative. How big Coinbase is is letting me know that Coinbase NFT is going to take the NFT world to a whole different place. There is not much info to go on at the moment but I believe it is going to be better than the majority of other NFT projects.

$ 0.01
1 month ago

I guess once they get it up and running I can take some more time to explore it a bit more.

$ 0.00
1 month ago

Yeah, that is what I am waiting for. I tried to search around as much as I can and this is all of the information I could find at the moment. I will keep checking on it every once in a while and if there are any updates I will do an update on this article. I would like to give it justice because I know it is going to be a decent NFT market.

$ 0.01
1 month ago

I could be wrong, but I think NFTs will be completely worthless in the future. I hope people don't lose their shirts with them. lol

$ 0.00
1 month ago

Lol, anything is possible. I am sure one day they will be worthless but at the moment and at least another couple of years we can enjoy them and profit from them.

$ 0.01
1 month ago

Cannot argue with that. lol. I play shitcoins even though they are ultimately worthless in the end, but don't mind enjoying a few profits along the way. :)

$ 0.00
1 month ago

lol exactly. We are still able to make money at the moment but in the future I am sure we will dramatic losses for people who have invested it all and did not pull out or exchange before it is too late.

$ 0.01
1 month ago