Nifty News: Kraken NFT exits beta, Coinbase’s ‘Stand with Crypto’ gains support and more
Crypto exchange Kraken has announced that its nonfungible token (NFT) marketplace has exited its beta phase. Along with the launch, the NFT platform highlighted it had expanded its number of NFT collections from 70 to over 250. According to Kraken, it will continue adding more collections to its marketplace.
We are launching out of BETA! #KrakenNFT is your gateway to buying, selling & learning about NFTs! Browse 250+ collections⛓️ Polygon blockchain Integration Reddit Collectible Avatars @0xPolygonLabs @RedditRead our latest announcement: https://t.co/3Xnn2tMyST pic.twitter.com/l1LTizqwT1
Apart from the collection expansion, the firm also announced that it has added support for the Polygon Network, highlighting that the popular Reddit Collectible Avatars will now also be supported by the marketplace.
In the announcement, the NFT trading platform also advertised that it will not be charging gas fees to its users when buying or selling NFTs on its platform. However, in a disclaimer at the bottom of the post, the marketplace noted that gas fees will still be incurred when transferring assets on and off their platform.
As the United States Securities and Exchange Commission (SEC) targeted crypto exchange Coinbase in a lawsuit, members of the community have started to show their support for the trading platform by minting its “Stand with Crypto” NFTs and putting the shield badge on their Twitter profiles.
Time to #StandWithCrypto. ️ Join the movement for sensible crypto policy. Mint the latest NFT. Existing holders = new metadata ready for you.https://t.co/yCGNEt8Zcn pic.twitter.com/f2JBxzkw7c
Back in April when the collection was launched, the NFTs only had 15,000 mints and 7,000 owners according to NFT marketplace OpenSea.
Read more on cointelegraph.com
