FTX Launches NFT Minting Platform

FTX-levee-de-fonds.jpg

Full article found here

Key Points:

  • Crypto derivatives exchange FTX launches a minting platform for NFTs on its U.S. versions.

  • Minting platforms are the only places you can create (mint) NFTs.

  • NFTs created on FTX will be built cross chain on Solana and Ethereum.

  • This puts FTX in direct competition with NFT focused marketplaces and minting platforms such as OpenSea and Rarible along with traditional crypto exchanges such as Binance and Coinbase.

  • FTX also aims to offer crypto derivatives trading in less than a year, further increasing its incentives to use the platform.

Previous
Previous

Ether Futures Open Interest Hits New High of $11.6B

Next
Next

Cardano social volume to price