No fees are charged for NFT transactions until further notice during the beta phase, Coinbase states, and more features will be released soon.
Coinbase regards its new marketplace as more than “just buying and selling.” Instead, it is a socially-engaging community around creators and collectors.To extend such a goal, the largest US exchange has built an interface that allows users to follow other profiles and start conversations by commenting directly on NFTs. Meanwhile, users can post up/downvote comments as conversations unfold, a functionality that imitates what social media platform offers to their users.
The company also outlined its ambition of going deep into the creator economy, as it promises to offer creator royalties for talents in the marketplace. Besides, the crypto giant also vows to provide more decentralized solutions aimed to shape the platform as a web 3 decentralized space.
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