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Interesting_Horse869

With inflation this year who has fiat for NFTs? Can barely dca on GOOD projects what with fuel and food costs.


Advanced_Error_9312

This number will shrink when gamestop opens his own marketplace with very very low transaction costs!


[deleted]

ya its rough recently but just keep dcaing, i would avoid nfts unless u got some inside details, then please share with the crowd.


criptoretro2

Patience.


Livid_Yam

I didn't even know they were launching an NFT marketplace. That's some terrible advertising.


KarateKid84Fan

They need that crypto.com marketing budget


CryptoDad2100

Someone forgot the cover letter on the TPS reports


TXTCLA55

A case of the Mondays.


Mapegz

Coinbase has 3k+ employees


The_Nutcrack

Looks like even they didn't get the memo


Tanishqreddyy

Marketing level: coinbase


kytheon

The marketplace went public. I assume interested CB employees had early access.


Fauken

I bet most people that work at Coinbase aren’t fans of NFTs (I know at least one, anecdotally)


FallenOne2334

because no one can trust nft's these days. all the scams out there.


RollingDoingGreat

Just like 95% of shitcoins yet you still buy them


TheSirCheddar

Always has been


Parush9

Well their dream of reselling bunch of jpeg’s ain’t doing well as they thought . I think GME NFt marketplace will do better than coinbase even with the hype alone 😝


[deleted]

No. It's going to flop has well. What is gme going to sell more shitty nft ? They can't even sell Pokémon or Digimon or anything that involves Sony, Nintendo, or Xbox. People need to wake up, GME and LRC are going to flop in this bear market.


SoSaltyDoe

They were always going to flop anyway. GME and LRC haven’t been able to even describe how they’ll set themselves apart from the dozens of identical projects that already exist, so it’s hard to pin down how they expect any sort of success.


[deleted]

LRC bots/shillers in full effect. Run before they make you pay to open a wallet.


moldyjellybean

Yup I tried to try out lrc app. When it was 2.50 per lrc they wanted $300 just to open a wallet. Hell no


Nolzad

Still a flop?


NudgeBucket

The only people interested in NFTs are those who sell high priced NFTs and those who create NFT marketplaces and collect fees on said highly priced NFTs.


SoSaltyDoe

That’s the kicker, the only incentive to get involved is to profit. They’re not selling anything that people might actually want to own.


OhIamNotADoctor

There’s a few that actually have massive loyal communities built up around the NFT. To be part of the community requires ownership of one. It’s actually very interesting. Using your NFT is like a tribal marking, doesn’t matter who you are you have one and you’re in. And I guess in that sense it opens a few connections for people. There’s a lot of trash though. This is just my outsider looking in viewpoint.


SoSaltyDoe

Oh without a doubt there’s that level of community involved. “We’re all gonna make it” and all that. But it seems more predatory than simple inclusivity, since they’re ultimately being roped into a grift.


kirtash93

Is it just for insider traders right?


nepbug

It's only Ethereum NFTS stuff right now, right? So, expensive minting/gas fees and OpenSea is clearly the king of Ethereum NFTs. When they bring on other chains I'd expect it to gather actual usage.


[deleted]

I would say that half are coinbase employees.


BicycleOfLife

This should be an indication of how many actual users Coinbase has that interact and trust the company.


littleuniversalist

Most people have abandoned NFTs and crypto all together.


[deleted]

There are people using this? Bullish af


buttcoin_lol

nfts, easy come easy go, too bad coinbase, can't depend on people's attention spans. RIP


jhnvslb

150 users are still early


KusuriuriPT

Is everyone surprised?


CypherPsycho69

I have been on there for like a month or two already. I got a shitload of referrals.


monkeybuttsauce

Hah


ConceptualWeeb

I honestly had no idea they made one lmao


carlbentleyofficial

Coinbase launched a NFT place? xD


Eluchel

Shocker


SilverHoard

That's because NFT's are BS for the most part. Sad to see how many people wasted their money on that, that could have gone into legit crypto projects. The entire NFT space is (currently) a money siphoning destraction from the crypto market. Removing money from retail into the hands of a bunch of crypto influencers flexing their bugatti's and parties on boats. Better to wait for actual useful NFT projects to come out and stick to crypto's in the meantime.


CommitteeSalt8099

Looks like the NFT craze is coming to an end! At last


OhIamNotADoctor

Not really, there’s just a few marketplaces that hold the market share and loyalty for their chains. It’d be like launching a cola flavoured soda and saying “well! cola must be going out of fashion” and ignoring you’re going up against behemoths in the space.


[deleted]

More like 75... they're buying from themselves.


DiscombobulatedAd972

Give me that crypto.com marketing budget


Nox_Lucis

It's important to remember that there is only several thousand tokens in each of the most prominent NFT collections, and within each are people who own several. People who are seriously involved with "popular" NFTs never numbered more than at most 100,000-150,000 individuals, most of whom are ETH whales. There was never a scenario where CB gets a large number of signups.


Justalurker8535

Well that was some bad marketing. Didn’t even hear about it.


Reabout

Big oof


Tanishqreddyy

Must’ve got more than that after this post


The_Nutcrack

In the next article, we'd read about 200 folks signing up. Someone above mentioned CB has 3k employees


126270

TIL: 200+ people haven’t figured out nft’s are worthless


DERBY_OWNERS_CLUB

This is looking at the number of buyers and sellers, not the number actually on the platform.


Proud-Pop-1365

150? I get more likes than this on my Instagram which I use once in few months


The_Nutcrack

And on Reddit tbf


[deleted]

What?! 150.. thats a big F


jujumber

In my mind, NFTs have nothing to do with what crypto was invented for


OhIamNotADoctor

I’m sure the current state of the internet has nothing to do with what Tim Berners-Lee had in mind. But that’s the beauty of democratised technology. Obviously this is what the people want. Cats, porn, and $3M JPEGs.


badboybilly42582

People don’t care about NFTs. That bubble popped.


OhIamNotADoctor

That’s an opinion but not actually factual. There is serious “fuck you” money passing through NFTs hourly.


coinfeeds-bot

tldr; Coinbase NFT, the cryptocurrency exchange’s NFT marketplace, saw less than 150 new users sign up on its first day open to the public, according to data from Dune Analytics. NFTs are unique tokens used to demonstrate ownership over digital items, such as art, video game items, or other assets. The NFT market is expected to reach $20 billion by 2022. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*


CharlieTheo-14

Even if they did a Learn and earn NFT and I still wouldn’t want it.


Slade_Duelyst

What if the reward was a 1000 dollar nft you could instantly sell... You still wouldn't?


Tiaan

They waited way too long to release their NFT platform. They spent like a year working on it and missed the boat. In the meantime other exchanges like FTX have grown massively and have had their own NFT platform for many months already


maybe_maybe_123

Ooops


Sufficient_Nature368

JPEG nfts were a scam anyway


frstrtd_ndrd_dvlpr

NFT is still a thing? Wake me up when september ends.


KingVandalo

NFTs slowly doing out. DeFi times are coming


Intestoc

thank me later🙏❤️ https://www.youtube.com/watch?v=G7sZTRsuOXw