After having introduced Solana NFTs (SOL) on its platform, FTX.US is opening up to non-fungible Ethereum tokens. What to attack the biggest market of the moment, and grab some market share to competitors ?
Ethereum’s NFTs land on FTX.US
Just under a month ago, the FTX.US platform announced it was opening up to Solana (SOL) NFTs. The blockchain championed tooth and nail by Sam Bankman-Fried had taken precedence, but it was already known that Ethereum NFTs would soon arrive on the FTX marketplace.
It is now a done deal. FTX announced yesterday that Ethereum NFTs are now available on its NFT services
gm! Ethereum NFTs are live on https://t.co/IER7ate2sU!
We’re excited to expand our NFT marketplace, allowing users to buy, sell, and display their Ethereum NFTs alongside their Solana NFTs for the first time! Probably nothing. pic.twitter.com/DREqxvNDVc
– FTX – Built By Traders, For Traders (@FTX_Official) December 1, 2021
On the FTX.US website, we now see the most popular Ethereum NFTs of the moment, including Bored Ape, Pudgy Penguins, and Meebits. As for Solana’s non-fungible tokens, these are only available on the US version of the site. Users located elsewhere will – for the time being – have to make do with NFTs produced directly on FTX.US.
More and more options for NFT fans
FTX will have a long way to go if it wants to compete with OpenSea: the largest NFT marketplace surpassed $10 billion in volume last November. However, we note that competitors are piling up lately: more and more centralized platforms are choosing to offer tools for buying and selling non-fungible tokens.
This was the case with Coinbase last October, and Crypto.com was dedicated to the field as of March 2021. Moreover, the gradual arrival of “Ethereum killers” on the market should also diversify the offer made to investors.
