US-based cryptocurrency exchange Kraken announced its next venture with a Kraken NFT marketplace. Unfortunately, the Web3 ecosystem can be intimidating for many, resulting in missed opportunities. Kraken’s mission is to develop a marketplace that enables seamless transactions between peers, regardless of currencies and daily blockchain loads.
Kraken’s NFT Marketplace
With a single interface for all assets, users can sniff NFTs from collections on any chain within the Kraken Marketplace. In addition, there are no network fees for all purchases made through the Kraken NFT marketplace. This promise comes because users don’t have to worry about spikes in network fees when trying to grow their collections. So if BAYC sends gas fees to the moon, don’t worry because Kraken NFT will make transactions headache-free…allegedly.
The official waiting list opened Tuesday as users signed up for Kraken’s vision of a “complete solution to explore, curate, and secure your NFT collection.” Currently, public opinion on the Kraken NFT marketplace remains skeptical. With the marketplace promising new and exclusive features, this isn’t the first major exchange to release a marketplace platform that users have found key features missing. However, Kraken’s marketplace offers improved accessibility and even rewards for developers. If Kraken is branded as the marketplace that fully supports creators, there could be an interesting shift in the future. Starting now, those interested in what Kraken’s NFT Marketplace has to offer can join the waiting list.
Founded in 2011, Kraken is one of the world’s largest global exchanges for digital assets in terms of volume and liquidity in euros. Trusted by millions of traders, Kraken was the first crypto company to receive a federally recognized banking license in the United States. Not to mention that it is one of the first exchanges to offer margined spot trading, regulated derivatives and index services. As Kraken continues to push down the Web3 rabbit hole, investors are excited for their next move.