Buying a non-fungible token (NFT) on the Ethereum blockchain is not like buying a physical piece of art.

Some NFT marketplaces also allow users to mint their NFTs on the platform itself. In exchange for a fee, the NFT marketplace will typically handle the transfer of an NFT from one party to the other.

NFTs can be fixed-priced or sold during an auction. However, creators should consistently sell to demonstrate a proof-of-concept to boost the NFT’s floor price.

Coinbase NFT Marketplace Goes Live. Can It Rival OpenSea? The beta iteration of the exchange’s marketplace is putting a social-media spin on NFT trading.

The giddy craze for nonfungible tokens brought the crypto crowd to art auctions. Now, long after the bubble burst, some still believe.

Six months ago, Coinbase announced that it was launching an NFT marketplace. Today, “Coinbase NFT” launched with collections of NFTs on the Ethereum blockchain.

In recent months, conversations around NFT creator royalties shifted as some platforms abandoned royalties for other alternatives.