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