Business News Report
February 16, 2023

NFT.com Launches in Public Beta, Partners with Unstoppable Domains

In Brief

Previously operating in private beta, NFT.com has already amassed over 9,000 NFT Profiles and 9.7 million NFTs displayed.

Before the public beta, users were required to hold a Genesis Key with their web3 wallets to create profiles on the platform.

The partnership with Unstoppable Domains will allow users to purchase their own digital identifies directly on NFT.com.

NFT.com has announced today that it has officially launched in public beta, enabling all users to create profiles, discover new and existing collections, and purchase and sell NFTs.

Central to its platform is the concept of a social profile represented as an NFT called an “NFT Profile.” During its private beta phase, the latest marketplace entrant has already amassed over 9,000 created NFT Profiles and 9.7 million NFTs displayed. Before the public beta, users were required to hold a Genesis Key with their web3 wallets to create profiles on the platform.

Some of the NFTs currently listed on the platform include blue-chip projects like Cool Cats, Otherdeed for Otherside, mfer, Azuki, Meebit, and more.

According to the press release, holders of NFT profiles are entitled to a range of exclusive perks, such as reduced marketplace fees, access to unique features on NFT.com, and the ability to fully personalize their galleries to showcase their own collections of NFTs.

The platform’s aggregator and transaction router enables users to buy and sell NFTs natively on the NFT.com marketplace as well as other third-party marketplaces. As an initial launch promotion, NFT Profile holders will be able to use the NFT.com marketplace with no fees for a limited time.

The public beta version will see collaborations with prominent NFT creators, who will provide direct access to their collections via their respective NFT Profiles. One of the launch partners is Unstoppable Domains, which will enable users to buy their own digital identities directly from NFT.com.

“Bringing Unstoppable Domains to NFT.com means you can purchase your Web3 domains on the primary or secondary market, without additional transaction fees,” Sandy Carter, SVP and Channel Chief at Unstoppable Domains, said in a statement.

Led by CEO Jordan Fried, former senior vice president of Hedera Hashgraph, the platform aims to leverage its domain name and branding to bring NFTs to the masses in a growing market. The straightforward domain name costs $2 million to buy.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via cindy@mpost.io with press pitches, announcements and interview opportunities.

More articles
Cindy Tan
Cindy Tan

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via cindy@mpost.io with press pitches, announcements and interview opportunities.

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