The cryptocurrency trading platform, Coinbase, and the financial services multinational, Mastercard, are developing a commercial alliance with the purpose of making it easier for users to purchase non-fungible tokens (NTF) and pay them with cards, once the platform launches its new development called Coinbase NFT.
The information was recently published on the official blog of the Exchange, further stating that with this new association they also intend to classify NFTs as “digital goods”, a move that will allow “a broader group of consumers to buy NFTs.”
Coinbase believes that the alliance will facilitate and improve the experience of its customers and are working on how to extend that possibility to the rest of the ecosystem through the “scale and global network of Mastercard”.
NFT accessible to all
As you may remember, Coinbase announced, last October, that it was developing its own platform for trading NTFs, obtaining more than a million registrations from interested users in the first 48 hours. The company stated that its main goal was to expand the use of cryptocurrencies and make access to NFTs easy.
Currently, people interested in acquiring NFTs must have a cryptocurrency wallet. For crypto users, the process is simple; however, for most people it is not very simple or intuitive, which is why Mastercard representatives consider that “it should be much easier. That will ensure that NFTs can be for everyone.”
The financial services company believes that “buying digital products should be as simple as buying a t-shirt or coffee pods on an e-commerce site. […] As an important step in this mission, we are pleased to announce that we are partnering with Coinbase to enable people to use their Mastercard cards to make purchases in Coinbase’s upcoming NFT marketplace.”
M. Rodríguez
Source: dailybicoin.com
