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Coinbase Making Huge Changes to Its NFT Marketplace

Coinbase NFT was a flop, but the company has a plan to breathe new life into the product.

By Travis Hoium – Sep 23, 2022 at 5:33PM EST

Coinbase's (COIN +2.57%) NFT marketplace has been a total flop, but the company is shifting strategies. In the video below, Travis Hoium explains why an aggregation model for Ethereum (ETH +0.02%) NFTs could be powerful if it's deployed across multiple blockchains. 

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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X@travishoium

Travis Hoium has positions in Coinbase Global, Inc., Ethereum, and Solana. The Motley Fool has positions in and recommends Coinbase Global, Inc., Ethereum, and Solana. The Motley Fool recommends eBay and recommends the following options: short October 2022 $50 calls on eBay. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/riiv, I'll earn some extra money that supports my channel. My opinions remain my own and are unaffected by The Motley Fool.

Stocks Mentioned

Coinbase Global Stock Quote
Coinbase Global
NASDAQ: COIN
$211.67
(+2.59%)+$5.34
Ethereum Stock Quote
Ethereum
CRYPTO: ETH
$2,316.81
(+0.02%)+$0.50
Solana Stock Quote
Solana
CRYPTO: SOL
$85.81
(+0.45%)+$0.39

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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