Coinbase Adds New Features to Its NFT Platform

Coinbase added new collection activity features to its NFT platform over the last few days, according to a recent tweet from the company.

"You can now find collection activity on Coinbase NFT," the team wrote on Twitter. "Each collection page now has a brand new tab, where you can [see our new features]."

The features include:

Seeing all listings, mints, sales, and transfers
Buying active listings straight from the feed
And filtering by event type to monitor activity

Coinbase NFT launched in early May 2022 and has performed poorly since. The platform's marketplace has been overshadowed by industry-leader OpenSea and industry-newcomers like GameStop and Nickelodeon.

GameStop completed more than $1 million in volume on its opening day, while Coinbase completed less than $3 million in three months post-launch.

Nickelodeon's NFT marketplace, which only sells Nickelodeon NFTs, has completed more than $1.4 million since its launch this week.

Whether or not Coinbase NFT will rebound and convince the web3 community that its platform is worth spending time and resources on is yet to be seen.

Author Bio

Jason Bales

Jason is an NFT lead at Lucky Trader. He has been involved in the NFT space since CryptoKitties in late 2017 and got involved in NBA Top Shot in early 2021 (Series 1 Legendary From The Top LeBron James Block, anyone?). Now, he spends most of his days yelling, "get off my lawn" at the PEPE and Nakamigos kids.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.