September 29, 2022

Coinbase Cloud Teams Up with Chainlink Labs to Launch NFT Floor Pricing Feeds

coinbase

Coinbase, a cryptocurrency exchange, has been collaborating with Chainlink Labs to announce new features for its Cloud service. These features include feeds that display the price of NFTs in collections from professionals around the world and show what the 'NFT floor' is at any given time.

"NFT floor prices are important because they represent the lowest purchase price for an NFT within a collection. Chainlink NFT Floor Pricing Feeds make the latest NFT pricing data easily accessible to developers. By providing accurate, real-world data around the price of NFTs, developers will be able to  create and deploy new DeFi use cases. " - Explained on the Coinbase website.

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Jack Evans

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About the author

I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments. 

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