MasterCard and Coinbase are in the partnership to make NFTs more accessible to everyone - featured
MasterCard and Coinbase are in the partnership to make NFTs more accessible to everyone - featured
The payment giant Mastercard has teamed up with the Coinbase cryptocurrency exchange in order not to make fungal tokens (NFTS) more accessible to everyone. Mastercards can be used to make purchases on the upcoming NFT marketplace of Coinbase.
Mastercard cooperates with Coinbase
The payment giant Mastercard and the Cryptocurrency Exchange Coinbase announced their partnership independently on Tuesday. Mastercard explained that the company "makes it easier for everyone to buy NFTs" and stated:
We are pleased to be able to tell you today that we are working with Coinbase so that people can use their Mastercard cards to make purchases on the upcoming NFT marketplace from Coinbase.
"to be sure to involve more people in a safe way, may be the best way to help the NFT market to be successful," the payment giant noted and explained:
Mastercard sees an even greater potential for the underlying technology of NFTS to penetrate many other areas beyond art and collector's items.
Coinbase announced in October last year that it introduced an NFT marketplace. The company described "Coinbase NFT" as "a peer-to-peer marketplace that will shape, buy, present, present and discover NFTS easier than ever".
The crypto exchange noted on the Nasdaq explained: "We make NFTs more accessible by creating user-friendly interfaces that put the complexity behind the scenes. We add social functions that open up new opportunities for conversations and discoveries. And we will let the creator community exponentially grow for artists and fans."
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