Last week, Coinbase finally launched the beta version of its long-awaited NFT marketplace. However, the most recent platform data revealed a lower user activity than expected.
This news comes as some NFT community members are doubting the marketplace’s potential. Nevertheless, Coinbaseis only taking its first steps in its NFT trading sector – but is it a good thing?
Coinbase NFT marketplace: new activity data revealed
Ever since October 2021, collectors have been eagerly waiting for Coinbase to release its NFT marketplace. By the time its beta version launched, the platform already had 4 million people on its waitlist.
Considering its innovative features and previews, people expected the platform to be a hit. However, recent activity data from the crypto analytics company Dune shows the opposite.
Accordingly, the Coinbase NFT marketplace recorded less than 900…