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    US Crypto Exchange FTX Launches their NFT Compatibility to Customers

    By Bryan TeohDecember 30, 20212 Mins Read

    FTX has seen tremendous growth over the past couple of years, and they are not planning to slow down any time soon. Yesterday, the crypto derivative exchange announced a long list of upcoming plans via Twitter. Much to our delight, NFTs emerged as one of their main priorities entering 2022. This includes the development of self-hosted wallets for FTX NFTs.

    The availability of self-hosted NFT wallets broadens the company’s horizons. For starters, this facility will complement the NFT marketplace, making their NFT ecosystem more holistic. Such wallets can also accommodate NFT gaming, where users have complete control over their digital assets. Unsurprisingly, NFT gaming represents another focal point for the company.

    FTX NFT expanding its services
    Exciting days ahead for FTX NFT. Credit: FTX

    What Can We Expect?

    Many of us are pretty accustomed to FTX’s success and innovation, including the launch of their NFT marketplace. Nevertheless, the recent updates on Sam Bankman-Fried’s Twitter still blew us away. Aside from NFT game integration, here are some of the juicy highlights:

    The company will look to upgrade their NFT infrastructure as they onboard more artists and users. In addition, be prepared to see more international sponsorship and endorsement deals as FTX targets the mainstream audience. This includes sports, entertainment, and cultural partnerships. Also, more utilities for $FTT, the bloodstream flowing through FTX.

    Besides all the bells and whistles, FTX is definitely not forgetting the basics: better user experience across mobile and web applications, regulatory compliance, and customer support. The company is looking to be the one stop solution to all our crypto needs, and I must say, I like what I see!

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Bryan Teoh

      Bryan is a content writer based in Malaysia. Aside from food and sports, his interests include blockchain, cryptocurrencies and NFTs.

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