NFT Community – today, we announced the beta launch of CB NFT. We also want to highlight how we plan on supporting royalties for the #creators.

Here is our plan to support #creatorroyalties and how we plan to support them in partnership with @manifoldxyz.

🧵👇 1/First off, what are creator royalties and why are they important?

Creator royalties provide the creator of an NFT a percentage of the sale price each time the #NFT is sold. These percentages are determined by the creator and can be baked into smart contracts…

Earlier, I shared the product preview of @Coinbase_NFT and how it will be super easy for anybody to get started.

Today, I want to share how easy it will be for anybody to buy an NFT on @Coinbase_NFT using a self-custody wallet of choice (CB Wallet, Metamask etc.)

🧵 👇 2/ As mentioned earlier, we are building an open marketplace and you will be able to buy an NFT using any self-custody wallet of choice OR using your CB account and custody it with CB.

You can buy an NFT that was minted on any platform, right on CB NFT.

1/ The #NFT ecosystem has grown rapidly in 2021! Let's dive into the growth of #NFTs on #Ethereum ecosystem.

9 NFT charts to remember in this 🧵: 2/ Since 2017, there have been ~3mm unique #ETH wallets that have ever owned an #NFT.

1/ NFT Creator Community - we have received an incredible amount of interest in @Coinbase_NFT . We are humbled and thankful for your support and excitement. 🙏🙏

I wanted to take a moment to clarify a few things about how creators can join the CB NFT marketplace:

🧵👇 2/ Creators will be able to sign up and sell their NFTs on @Coinbase_NFT at launch. We are building an open marketplace --> you will not need a partnership with Coinbase to use the platform.

1/ I had a great time hosting our #BUIDLCrypto chat on NFTs with @blauyourmind of @x0rart, @GxngYxngNFT of @Ghxsts, @dotta of @forgottenrunes, and @midnight426 of @ponderware - all who will be doing drops at the launch of @Coinbase_NFT.

🧵👇 (coinbase.com/buidlcrypto) 2/ “I don’t think they're a fad. NFTs are fundamental ownership of digital assets. On our computers, we use docs all the time, but we copy, paste, and transfer them. NFTs allow for fundamental ownership of a digital item. As we progress into a completely digital world…”

Recently, we announced the launch of Coinbase NFT marketplace (coinbase.com/NFT/announce). We have been humbled by the incredible response from the community 🙏🙏.

Here is a quick 🧵to share some initial details. More to share in the upcoming weeks. @coinbase @Coinbase_NFT #NFT 2/ Open for ALL creators --> creators and creativity can manifest from anyplace in the world. We are building an open marketplace where any creator will be able to join, create their profile, build a community and sell their NFTs.

1/ I had a great time hosting the 2nd session of #BUIDLCrypto - with the builders of crypto economy - hosted by @coinbase . Over 1,900+ people tuned in to listen to our session on DeFi for Institutions (coinbase.com/buidlcrypto)

Listing some key messages from builders below 👇 2/ “DeFi is pretty much like finance in one way, it’s becoming hard to separate what is finance and what is decentralized finance. Many of the enthusiasts in crypto come from traditional finance, not just developer backgrounds” @StaniKulechov , Founder of @AaveAave