"Creating an NFT should be as simple as tapping a few buttons. Anything more complicated is a barrier to creativity.”

“A key part of that experience is control. We will make it effortless for artists to maintain creative control through decentralized contracts and metadata transparency. All NFTs are on-chain. The initial launch will support Ethereum based ERC-721 and ERC-1155 standards with multi-chain support planned soon after.”

"Your profile will showcase all your NFTs in one place, helping you connect with like-minded fans or artists. The social element shapes the future by sharing passions, birthing new collaborations, and firing up the imagination.”

Coinbase NFT will be an open, rather than an invite-only, platform.

Coinbase NFTs will rely on decentralized metadata solutions like IPFS rather than centralized servers.

Thus you can mint your NFTs on Coinbase and sell them anywhere else; conversely, you’ll be able to list any non-Coinbase NFTs on the platform’s marketplace.

You’ll also be able to use different currencies and different wallet solutions (from MetaMask to Coinbase custodial accounts) for NFT purchases.

Coinbase NFT is going to start with support for Ethereum but plans to support minting and markets across many chains.

The Coinbase NFT platform is going live at some point in Q4 2021.

Source: https://metaversal.banklesshq.com/p/the-coinbase-nft-platform-