Crypto.com Exchange Launching an NFT Marketplace with ‘Exclusive Content’
Cryptocurrency exchange platform Crypto.com is launching a new NFT marketplace and has already roped in the likes of Snoop Dogg and Boy George for “exclusive content” on the platform.
More exclusive content is promised from Aston Martin Cognizant Formula OneTM, Axel Mansoor, Bag Raiders, BossLogic, Jonathan Monaghan with Nathan Evans of the hit single Sea Shanty ‘Wellerman’ fame, KCamp, Klarens Malluta with Lionel Richie, KLOUD, Mr. Brainwash, OPUS, and many others.
With over 10 million global users, Crypto.com aims to capitalize on the latest trend as billions of dollars flow in the non-fungible token craze.
The marketplace will be launched this Friday.
Crypto.com is aiming to create “the most user-friendly NFT-buying experience.”
The platform will allow users to have the option to 1-click buy using their credit or debit card. Even if you are not a Crypto.com user, you will be able to acquire, trade, and resell NFTs through the platform.
The NFT platform's announcement sent the price of the CRO token higher by over 17% to 0.227, up 285% YTD.
In its roadmap shared this week, the company shared that there will be five major releases on Crypto.org Chain following the maninnet launch.
Besides NFT to be supported on-chain, it plans to bridge Crypto.org Chain with Ethereum protocols through Inter-Blockchain Communication (IBC) protocol and support AMMs. The team will also work closely with leading protocols and further conduct smart contract deployment to unload different smart contract standards.