Coinbase NFT marketplace attracts less than 150 users on first day

06 May, 2022

The US crypto exchange’s NFT marketplace opened up its beta version to the public this week.

On its first day, the Coinbase NFT marketplace generated a volume of mere $74,000.

Coinbase NFT marketplace has so far only managed to attract 1,112 users. 

To put in context, the leading NFT marketplace OpenSea generated a volume of $177.2 million in a single day. 

The daily average NFT sales have dropped by a massive 92% since September last year. 

Crypto exchange Kraken also announced its NFT marketplace this month.

Currently, OpenSea continues to remain the biggest NFT marketplace with over 1.65 million users.