Coinbase and Mastercard have partnered in an effort to further expand the non-fungible token (NFT) purchase method.
It is understood that the steps taken by Coinbase are to facilitate the purchase of NFT, especially for those who have just become accustomed to the industry.
Coinbase considers NFT purchases to be quite complex compared to cryptocurrency transactions on its exchange platform.
So the collaboration with Mastercard is seen as an opportunity to create another user -friendly concept for amateurs interested in NFT.
For the record, Coinbase has recently launched a peer-to-peer (P2P) NFT marketplace platform known as Coinbase NFT.
Just like OpenSea, Coinbase NFT offers a space for its users to mint, buy, sell, promote, and find various types of NFT collections.
