Kraken has announced the launch of its highly anticipated NFT marketplace, "Kraken NFT," after completing beta testing. According to a blog post, the platform will feature over 250 collections across multiple blockchains, including Ethereum, Solana, and Polygon.
Kraken previously launched a public beta version of its NFT platform last year. During the beta testing, it supported a curated selection of 70 NFT collections on Ethereum and Solana. However, with the public launch of Kraken NFT, the company has promised to add not only blue-chip NFT collections like CryptoPunks and Bored Ape Yacht Club (BAYC) but also low-priced NFTs selling for less than $100.
Moreover, users can now also view anime-inspired collections like uwucrew and DigiDaigaku and pixel-art collections like Nakamigos and Solana Monkey Business on the platform.
Commenting on the latest development, Kraken said:
"We've long understood that the communities behind the NFTs are often even more significant than the collectibles themselves. That's why we've been curating many of the most active NFT collections the market has to offer."
Kraken has implemented several features to enhance the user experience in its NFT marketplace. This includes allowing users to make payments using both fiat currency and cryptocurrency. Additionally, all listings on the platform come with built-in rarity rankings.
Furthermore, the platform said it would not charge any gas fees for buy and sell transactions of NFTs. However, customers will still incur gas fees while transferring NFTs and other crypto assets on and off the Kraken platform.
Presently, Kraken NFT is compatible with popular wallets such as MetaMask and Solana's Phantom wallet, and it intends to add support for WalletConnect soon.
Kraken's new NFT marketplace is an exciting addition to the growing NFT ecosystem, offering users a secure and reliable platform to buy and sell digital assets. It will be interesting to see how this platform evolves in the coming months as the NFT market continues to grow.