FTX Launches NFT Minting Platform
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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.