Blockchain.com Will Open A New NFT Marketplace Soon

Blockchain.com will open a new NFT marketplace soon that will allow for buying, selling, and holding ETH-based NFTs as we are reading more about it in today’s blockchain news.

The exchange company is taking names for its Blockchain.com NFT marketplace waitlist as the company was not content to gather more revenue aside from Bitcoin and altcoin trades so they’re getting into NFT trading. Blockchain.com will open a new NFT marketplace and the company said the feature will be available in a few weeks and it is now taking waitlist-signups. According to the press release:

“We want to make accessing the NFT market as easy as accessing the crypto market. With the Blockchain.com NFT marketplace (in beta), you’ll be able to browse, buy, sell, and securely store NFTs without ever leaving your Blockchain.com Wallet.”

NFTs are digital proof of ownership created with smart contracts on the blockchain like Ethereum, Solana, and Flow. They are typically linked to digital art, audio files, collectibles but can be tied to tangible objects. Blockchain has a huge potential user base that can enter into the NFT marketplace. Founded in 2011 as a block explorer, it delivered one of its BTC wallets and allowed people to store the keys to their coins. It has about 80 million wallets while MetaMask as the most prominent wallet for navigating ETH-based applications reached 21 million active users in November as per the ConsenSys reports.

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

If Blockchain can convert a fraction of the wallet owners into NFT buyers, it can make some serious more money. Coinbase NFT is scheduled to launch before the end of this year. FTX NFTs followed up its existing support for the SOL tokens by introducing Ethereum collectibles like the popular cryptoPunks and Bored Ape Yacht Club NFTs a day ago. Gemini, as the exchange founded by Tyler and Cameron Winklevoss, purchased Nifty Gateways in 2019 a year before digital collectibles came back trending. After a strong run in 2021, Nifty Gateway watched the trading volume and minting slip as companies stepped up into the market to take on Rarible, OpenSea, and Others.

As Blockchain.com acquired SeSocio, about 100 of its employees will join the blockchain company which brings the global headcount to 400 people. The major crypto wallet and data company is expanding in Latin America after it acquired the crypto company based in Argentina.