Coinbase NFT Released New Features While Struggling To Attract Traders

Coinbase NFT Released New Features While Struggling To Attract Traders

The coinbase NFT released new features as they are struggling to attract more traders, touting an engagement-first approach so let’s read more today in our latest Coinbase news.

The Coinbase NFT released more features for its small userbase since its public beta launch and it added an NFT Bulk Manage feature as well as a Liked tab with the ability to edit list prices, insights page, and the notification hub. It also added rarity filters, a “following” feed, and the ability for the users to connect up to 10 wallets to a single NFT account among other things.

The traders haven’t really materialized despite the platform holding off any Coinbase fee for a limited time.

Coinbase NFT now has a “Liked” tab, the ability to change list prices, a “Insights” page, and a “Notifications” center. It has also added filters for rarity, time-delayed listings, a “Following” feed, and the ability to link up to ten cryptocurrency wallets to a single Coinbase NFT account, among other features. But there haven’t been any traders yet, even though the platform has refused to charge Coinbase fees “for a short time.”

Coinbase CEO Brian Armstrong said that he was really happy with the Coinbase NFT success so far and wanted to add support for more blockchains in the coming weeks :“We’re going to keep investing in it.”

During the conference call, President Choi said, “We spend about 10% of our budget on longer-term bets like the NFT marketplace.”

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