Thread by @sanchans

Recently, we announced the launch of Coinbase NFT marketplace (coinbase.com/NFT/announce). We have been humbled by the incredible response from the community 🙏🙏.

Here is a quick 🧵to share some initial details. More to share in the upcoming weeks. @coinbase @Coinbase_NFT #NFT

2/ Open for ALL creators --> creators and creativity can manifest from anyplace in the world. We are building an open marketplace where any creator will be able to join, create their profile, build a community and sell their NFTs.

3/ Your NFT is YOURs --> Like @brian_armstrong mentioned, CB embraces decentralization (blog.coinbase.com/embracing-dece…). Every NFT will be minted on-chain, with metadata stored on non-CB servers (e.g IPFS). From day-1, you can take your NFT anywhere you want - it's not a walled garden

4/ Sell any NFT --> If you already have your NFTs minted someplace else, you can easily list them on CB NFT marketplace. If you prefer, you can also easily mint on CB NFT. You can then take those NFTs to any other marketplace of choice to sell, if you prefer. No lock-in.

5/Inherently Social --> NFTs become a movement because of the community that surrounds it. We are building a product that is more than just buying and selling - it is about building your community, collaborating with your believers, and birthing a movement beyond just the sale.

6/ Buy with what you prefer --> Collectors will be able to buy an NFT using their preferred self-custody wallet (e.g CB Wallet, Metamask etc.) OR by simply signing in with their custodial Coinbase account (and post-purchase, custody with CB). And yes, $$ will work too :-).

7/ One interface for cross-chain NFTs --> While we will start with Ethereum, our vision is to build a single interface that allows collectors to buy any NFT from any chain. Just like you can buy any crypto on CB today, you should be able to buy any NFT on any chain using CB NFT.

8/ And lastly, we will be building this product in the open with you. Every week, we will share updates on what we are building, how we are building it, including sneak peek of the product itself. Please share your feedback as we continue to build for you 🙏🙏
@coinbase #NFT