BlocksInform
Top us crypto exchange COINBASE is to hit a partnership agreement with giant mastercard payments in preparations for a new non fungible chip (nft) market.
The partnership follows the announcement made by the stock exchange in October concerning the launch of coinbase nft, a peer-to-peer market where users can monetize, present and purchase nfts.
NFT are unique digital assets such as images, in-game items and collectible items that are hit on a blockchain. Coinbase that his partnership with mastercard will help simplify the buying and selling process for these crypto assets.
"We are working with mastercard to classify NFT as "digital goods", allowing a broader group of consumers to purchase NFT. And soon we will be unlocking a new way to pay using Mastercard cards.
We can deliver a better client experience on coinbase nft, and plan to work on ways to deliver this opportunity to the entire ecosystem across mastercard and its global network."
During Coinbase's Q3 earnings call in November, the company's CEO, Brian Armstrong, said the exchange of an NFT market with an Instagram-style interface so users can easily use the platform.
In December, Coinbase announced that a new upgrade of its browser wallet will allow users to access NFT marketplaces.
