As the NFT craze continues, more and more companies want to jump on the bandwagon.
Karen starts an NFT marketplace
In an interview published just hours before the press in the digital media company bnnbloomberg, the founder of the experienced US crypto exchange Karen gave insights into the exchange’s own NFT marketplace, which is currently in the development phase.
Founder Karen, Jesse Powell explained that the exchange is developing an NFT marketplace that will be more than just a platform for buying, selling and holding digital assets.
Rather, Powell noted as an example that when someone deposits CryptoPunk on Kraken, the exchange wants “To be able to reflect the value of it in your account. And if, on the other hand, you want to borrow money. “
2021, the year of the NFTs
Powell CEO said he believed 2021 would go down in history as the year of the NFTs. It is actually quite true as over the course of the year we have seen not only the crypto community but also athletes, journalists, politicians, and others issuing NFTs.
Powell has been quite ambitious in claiming that in a few years the NFT market will grow out of its prolonged period of “speculation”. While he went on to explain that phase two will be about buying art and supporting artists, and the functional use of NFT will be phase three.
Listing of Shiba Inu and acquisition of Stacked
He also highlighted the recent listing of the Namecoin Shiba Inu on Karen. He said that while there is nothing like some new interesting technology about Shiba Inu, and it’s mostly a community-driven interest, he concluded:
“It’s basically a memecoin that gets community attention and sometimes you just have to list them.”
Karen recently acquired Stacked, a stacking platform. The takeover is said to be one of the largest deals in the crypto market to date.