Kraken NFT marketplace opens waitlist for beta
2022.05.03 21:21
Kraken NFT marketplace opens waitlist for beta
Crypto exchange Kraken has opened a waitlist for its nonfungible token, or NFT, marketplace in beta more than four months after CEO Jesse Powell announced the initiative.
In a Tuesday blog post, Kraken said it had opened the waitlist for its marketplace, which will allow users to buy and sell NFTs and reportedly, use tokens as collateral for loans. According to the exchange, users will not incur any gas fees for trading NFTs that are custodied with Kraken — gas fees are only incurred for transferring tokens and NFTs off the platform. In addition, Kraken’s marketplace will feature a “rarity score” based on the “traits and attributes that make every NFT unique” and reward creators with a portion of each secondary market sale price of their NFTs.
