Coinbase Wallet rolls out support for NFTs

In a move that may help drive adoption of its browser extension crypto wallet, Coinbase (the U.S.-based crypto exchange) announced that Coinbase Wallet has been upgraded to include support for NFTs (non-fungible tokens). Binance, the world’s largest crypto exchange, already supports an NFT marketplace and, in October, announced support for multi-chain NFT deposits and withdrawals.

NFT sales have slowed a bit recently, but Cointelegraph Consulting estimates NFT sales will near $18 billion this year. I’ll talk about Coinbase, Binance, and NFT use cases, and I’ll close the loop on my personally hacked MetaMask wallet today at 12:15p ET on YouTube LiveGet your #Web3Wednesday credentials here.

Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and the CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and CNBC and writes a popular daily business blog. He’s the Co-Host of the award-winning podcast Techstream with Shelly Palmer & Seth Everett and his latest book, Blockchain - Cryptocurrency, NFTs & Smart Contracts: An executive guide to the world of decentralized finance, is an Amazon #1 Bestseller. Follow @shellypalmer or visit shellypalmer.com.

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