According to this article, the well-known cryptocurrency exchange Coinbase will launch an NFT marketplace. This marketplace would initially support Ethereum blockchain based NFT's, but would be open to support EFT's from other blockchains in the near future.

This will make Coinbase a direct competitor of Opensea, NFTShowroom and other NFT marketplaces. In spite of this, there is plenty of money to make as these exchanges charge a percentage per transaction and NFT's have become very popular.

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.

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