In a move that may help drive adoption of its browser extension crypto wallet, Coinbase (the U.S.-based crypto exchange) announced that Coinbase Wallet has been upgraded to include support for NFTs (non-fungible tokens). Binance, the world’s largest crypto exchange, already supports an NFT marketplace and, in October, announced support for multi-chain NFT deposits and withdrawals.
NFT sales have slowed a bit recently, but Cointelegraph Consulting estimates NFT sales will near $18 billion this year. I’ll talk about Coinbase, Binance, and NFT use cases, and I’ll close the loop on my personally hacked MetaMask wallet today at 12:15p ET on YouTube Live. Get your #Web3Wednesday credentials here.
Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.