Blockchain.com, in turn, opens up non-fungible tokens (NFTs).
Blockchain.com, a company that offers wallet services and a trading platform, is, in turn, embarking on non-fungible tokens (NFTs). This initiative is one more sign that the race for NFTs is accelerating for centralized platforms.
Blockchain.com launches its NFT platform.
The news was announced yesterday by the company. Blockchain.com users are encouraged to register for early access to NFT’s service, which is not available. It is unknown when the purchases and sales of non-fungible tokens will be offered.
According to the statement, access to non-fungible tokens remains difficult for the majority of people, which is why Blockchain.com wants to launch a pathway:
“The growth and excitement around the field of NFTs are undeniable, but we see many of the same barriers to adoption that we had already seen for cryptos in their early days. More specifically, accessing the NFT market is too complex and not very intuitive.”
Blockchain.com already offers an NFT explorer, where you can see the most popular Ethereum projects at the moment. We imagine that the latter will be integrated into the company’s new services.
Platforms flocking to NFTs
Until then, OpenSea reigns supreme as the leading marketplace for NFTs. But is that changing? Yes, if we believe large centralized platforms like Coinbase, which is also about to launch its NFT services, or FTX, which has offered non-fungible Ethereum tokens since this week.
Most of these companies choose a centralized model, with simplified sales and one-click purchases, sometimes directly for fiat. We, therefore, find the same model as that which existed during the beginnings of cryptocurrencies.
On the one hand, you have peer-to-peer buying and selling services, which are more complex but decentralized. And on the other, platforms that make life much easier for newcomers but have limitations in terms of centralization.
In the cryptocurrency trading industry, DEX and CEX now coexist. So one can imagine that the same will be the case for the NFT sector if the companies succeed in their bet and attract new users with their simplified approach.
