Okcoin Launches Its Own NFT Marketplace

Okcoin, a cryptocurrency platform, announced on Tuesday that it launched an NFT marketplace with zero transaction fees for retail investors. According to the press release, the announcement was made by its CEO, Hong Fang and Serena Williams at the eMerge Americas conference.

OKCoin NFT will be the first marketplace on a regulated cryptocurrency platform that offers the creation and trading of NFTs on multiple blockchains without a cap on the royalties creators can charge for secondary purchases of their work. In addition, the Okcoin platform will release a set of exclusive NFTs as part of its launch, granting holders free crypto, NFTs and more, which will be first available to members of the now-open marketplace waitlist.

“In the same way that blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term technology empowers financial freedom with cryptocurrency, it empowers creators with NFTs. We’re launching a free market for NFTs where prices and profits will be determined by supply and demand, more so than anywhere else. Web3 is about restoring economic power to the people, and at Okcoin, we’re doing our part by granting as much sovereignty to individuals as possible when it comes to their money, and now, their art,” Fang commented.

NFTs Supported

In addition to Bored Apes, World of Women, Boss Beauties and Crypto Punks, Okcoin NFT will support NFTs minted on Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term, Polygon, Binance and OKC’s blockchain. Furthermore, the new dashboard will allow customers to connect external wallets like MetaMask, see their holdings and buy/sell NFTs using them.

Randi Zuckerberg, a Brand Advisor at Okcoin, issued the following statement: “Okcoin’s work in making crypto more accessible is vital, and I’m thrilled to be working with them to elevate more projects led by underrepresented groups, through my work advising on Okcoin NFT. Making NFTs more inclusive is something I’ve dedicated myself and my company HUG to because we know there are huge opportunities for both creators and collectors in NFTs waiting to be unlocked.”