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⚡Kraken To Launch NFT Marketplace

Kraken is among the largest crypto exchanges to launch an NFT marketplace.

Hey Blockster, The rise of non-fungible tokens was among the most surprising trends in the cryptocurrency market in 2021. In addition to growing to a multi-billion-dollar size, NFTs were embraced by an exponentially surging number of traders, collectors, investors, and artists. At the same time, billionaires, celebrities, and athletes, such as Eminem, Mark Cuban, John Cena, Snoop Dogg, and Tony Hawk, have either invested in NFTs or launched their own collection of non-fungibles on the blockchain. As there's a massive increase in demand for the assets, established cryptocurrency businesses are expanding their services with NFT solutions to capitalize on this trend. For that reason, it's not surprising to see exchanges like Binance, Coinbase, and FTX entering the non-fungibles market. Recently, the US-based crypto exchange Kraken has announced its plans to launch an NFT marketplace in the near future. According to Kraken CEO Jesse Powell, a dedicated NFT marketplace in the exchange's ecosystem is necessary to offer investors exposure to a sector that has recently experienced a "tremendous amount of activity." Check out this article on Blockdesk to learn the details of the story. Ready to read more stories from the ever-exciting cryptocurrency industry? Look no further; check out the articles we have collected for you in today's Blockdesk digest: The Network That Unites Retail Investors With Socially Responsible Business – Have you heard about the Coop Network? As its name suggests, the project is focused on cooperation via a blockchain-powered ecosystem in which the community stands at the center. Interestingly, Coop aims to create a decentralized shared economy where it distributes a portion of profits to users. Binance Partners With Indonesia Telecom Giant To Establish Local Crypto Exchange – While the company plans to exit Singapore's market in February, Binance recently partnered with a local telecom giant to roll out a crypto exchange in Indonesia. Nike Buys Virtual Sneaker Creator RTFKT To Strengthen Its Digital Footprint – It seems Nike has great plans to enter the metaverse market. Recently, the global sportswear brand purchased NFT startup RTFKT that specializes in creating virtual sneakers and other non-fungible tokens.   Ethereum: A Future With Layer 2 Protocols And Even Layer 3 And 4 Protocols – In the past few years, Ethereum has been struggling with limited scalability, which gave room to competitors like Binance Smart Chain and Solana to thrive. However, as the smart contract blockchain is upgrading to ETH 2.0, projects are building scalability protocols on its second layer to enhance user experience and increase network throughput. That's all for today. If you want to read more stories, be sure to check your emails tomorrow, as we will deliver our newest collection right into your inbox. Cheers, The Blockster Team © 2021 Blockster. All rights reserved This message was sent to lelakikelasmenengah@gmail.com by info@blockster.com Queensway, Midtown, Giblartar GX11 1AA, Gibraltar Unsubscribe | Manage Subscription | Forward Email

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