Kraken exchagen announced, the launch of Kraken NFT, a platform to store, buy, and sell NFTs at no additional cost.
Kraken believes that non fungible tokens (NFTs) have redefined the concepts of digital expression for creators and collectors. The exchange argues that the ecosystem is complex and rapidly changing, which has made it difficult for many to join, as reported on its official website.
Plans to launch this platform had already been announced by Kraken’s CEO and founder, Jesse Powell, at the end of 2021.
Kraken NFT‘s waiting list is available on its official website.
Kraken NFT is coming soon!
💫 Explore NFTs & curate your dream collection – with zero on platform gas fees.
Read the announcement & join the waitlist: https://t.co/7SKxFgc1Cz pic.twitter.com/xb3fdV3gFK
— Kraken Exchange (@krakenfx) May 3, 2022
What benefits does Kraken NFT offer?
Kraken NFT benefits are as follows:
Zero gas fees for Kraken NFT operations:
Once your NFTs are on Kraken NFT, you will not pay any blockchain network fees for trading activity conducted within the platform.
Track the rarity scores of your NFTs:
Many NFT collections have billions of possible combinations of traits and attributes that make each token unique. Kraken NFT will have a built-in tool to help you understand how rare certain features of your NFT are compared to other NFTs within the same collection.
Collect NFTs on multiple blockchains:
Kraken NFT offers to select your NFT collection across multiple blockchain networks within a single interface, whether you are looking to get the latest collection on Solana or a classic NFT on Ethereum, it will allow you to manage all your holdings from one place.
Protection of your NFTs:
Kraken NFT runs on the same industry-leading security infrastructure, continuously tuned since 2011, to protect your cryptoassets. Now it also protects your Ethereum and Solana-based NFTs.