TL;DR
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Kraken, the crypto exchange, has just officially launched its NFT marketplace out of beta testing.
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The Kraken NFT marketplace has some cool features that we’re excited about.
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It’s exciting to see more players listening to users (e.g. I just want to buy NFTs with my credit card), and entering the space with improved products from the get-go.
Full Story
Kraken, the crypto exchange, has just officially launched its NFT marketplace out of beta testing.
We know what you’re thinking: “jeez, yeah cool, another NFT marketplace.”
Fair call, but the Kraken NFT marketplace does have some cool features that we’re excited about.
Namely:
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Support for NFTs across multiple blockchains (instead of one platform for Ethereum NFTs, another for Solana NFTs etc.)
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No gas fees for customers who buy and sell NFTs on the platform.
It does specify that “gas fees will be incurred when transferring NFTs and other crypto assets on and off the Kraken platform,” but this is likely to attract a whole bunch of trade volume within the platform.
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Users can pay in fiat (i.e. USD) or cryptocurrency!
This is the one we’re particularly excited about. Instead of requiring users to go and convert fiat into crypto and then buy and sell on the platform, anyone with a normal credit card can skip step 1.
We realize that this is starting to sound a bit like an ad – and it’s not.
It’s just exciting to see more players listening to users (e.g. I just want to buy NFTs with my credit card), and entering the space with improved products from the get-go.
Will they achieve the massive success OpenSea, and more recently, Blur, have achieved? Who knows.
But a better product, with more features that users want, raises the bar for everyone.
