There have already been more than 1 million sign-ups for Coinbase’s nonfungible token (NFT) platform since the waitlist went live on Tuesd.
Coinbase (NASDAQ:COIN) opened up the waitlist via a blog post announcing its upcoming NFT platform, which is slated to launch later this year. The platform, dubbed “Coinbase NFT,” will initially support the Ethereum-based ERC-721 and ERC-1155 token standards, with plans to expand support to other blockchains in the future.