Coinbase NFT Marketplace Beta Sees Less Than 900 Transactions in Opening Week
Crypto exchange Coinbase (COIN) finally launched the beta of its non-fungible token (NFT) marketplace last week, and some initial activity data has become available.The exchange’s long-awaited NFT platform saw 73 ETH in trade volume in its first week after a small portion of its three million-person waitlist was granted access.
According to data from crypto analytics site Dune, Coinbase’s marketplace had less than 900 total transactions since its launch on April 20. (The data is routed through 0x Project, which Coinbase tapped for the marketplace’s back end.)Total trade volume on the marketplace in that time has been 73 ETH (roughly $217,000), with around 650 users so far transacting on the platform.
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