Coinbase partnership with 0x to power the social marketplace for NFTs

Zedcrypt's Newsletter No.0009/APRIL 18-20.2022

By using 0x Protocol, Coinbase provides better ways to discover, buy, sell, and connect around NFTs at the lowest transaction costs for their users.

Coinbase announced the launch of their much anticipated social marketplace for NFTs powered by 0x. With powerful multi-chain NFT swap support and the most robust feature set of any NFT exchange protocol, 0x was the obvious choice to power the new marketplace. Additionally, with 0x Protocol v4 being up to 54% more gas efficient, Coinbase marketplace users will enjoy low trading costs. Beyond just letting users buy and sell NFTs, Coinbase also wants its marketplace to be a place where communities can engage with one another.

“The rise of NFT communities has shown us that online conversation extends far beyond the moments around transactions. We’re building a place that’s for more than just buying and selling. We want Coinbase NFT to be a place that helps creators and collectors build and engage their communities.” - Sanchan Saxena, VP of Product at Coinbase

"We're thrilled that Coinbase is using 0x to power their new social marketplace for NFTs and anticipate this launch will unlock a massive wave of new users into the blockchain space. We look forward to seeing many more apps and marketplaces take advantage of 0x Protocol's robust NFT swap feature set and industry-leading gas efficiency in the coming future." - Will Warren, Co-Founder, and Co-CEO of 0x Labs

read full: Coinbase partnership with 0x to power the social marketplace for NFTs

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Coinbase partnership with 0x to power the social marketplace for NFTs
By using 0x Protocol, Coinbase provides better ways to discover, buy, sell, and connect around NFTs at the lowest transaction costs for their users.

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