This is the second article in a two-part series about the Crypto.com NFT platform. Here’s the link to the first article. Similarly, we answer 4 basic questions today on Crypto.com NFT.
Now, you may be thinking that NFTs have been losing steam in the ongoing bear market. That is true. However, Crypto.com NFT has been developing and releasing collections actively. Let’s move on to discussing what it is, and how it works.
Keep an eye out for the BallDroids collection on #CryptocomNFT on the 19th on January!
More info soon to follow! 👏 pic.twitter.com/ODJgABnXot
— Crypto.com NFT (@cryptocomnft) December 21, 2022
What Is Crypto.com NFT?
In a nutshell, Crypto.com NFT is an NFT marketplace. It is not a range of NFT collections. Rather, it serves as a platform whereby NFT creators, buyers and sellers can congregate.
- Their marketplace is constructed on the Cronos chain. This differs with OpenSea (on Ethereum) or Magic Eden (on Solana).
- They require users to register an account before being able to access the platform. This is different from other NFT marketplaces. Usually, you would just need to connect your wallet. If you have the Crypto.com app, you can instantly create and link your NFT account by scanning their QR code. Note that this feature is only available for Australian users. Now, let’s segway into the platform’s features and unique offerings!
How Does Crypto.com NFT Work?
Simply put, the marketplace allows users to launch, buy and sell NFTs. They support NFTs from any of the 5 chains below:
Moreover, users can sieve out NFTs through their various criteria. This is shown in the left sidebar in the marketplace. They can do so by:
- Listing Type.
With the above filter options, NFT buyers can choose their ideal purchases easily. In the last section of this article, we will bring you through how to buy these NFTs on the marketplace.
The platform also has an interesting section called “Drops“. From here, you can view a selection of unique NFT collections. These collections will be open for minting during a certain time period. In this section, you can also learn more about:
- The creator of the NFT collection.
- The mint period.
- The mint price.
On the platform, there is a “Brands” section displayed on the top bar. On the dropdown, you can view a variety of NFT collections released by notable brands. These include Coca-Cola, Visa, Aston Martin, and so forth.
Indeed, you cannot deny Crypto.com’s influence on the mainstream audience. They’ve established many partnerships with top-tier companies! This is a unique selling point that other marketplaces do not have.
In addition, using the platform provides you with a slew of benefits too! These include:
- No transaction fees when purchasing NFTs.
- Direct purchase of NFTs with credit or debit cards.
- Using the Crypto.com app on mobile to purchase NFTs.
Next Crypto.com NFT Drop
As of time of writing, the only ongoing live NFT drop is for “The Greatest Love“. Also named “Da Ai”, which means greatest love in Mandarin, it is a calligraphy style NFT.
The next upcoming NFT drop is for “Faces“. This collection was created to depict lovable creatures within an imaginary fantasy.
To keep track of ongoing and upcoming NFT drops, you can subscribe to their email list. This is shown on the bottom of the “Drops” page and as per below.
How To Buy Crypto.com NFTs?
Eureka! You’ve now found an NFT that you fell absolutely in love with. It was love at first sight indeed! Now, how would you get your digital hands on that NFT? If that’s what you’re thinking about, read on!
First, head on over to the marketplace. Using the criteria outlined in the first section of this article, you would have found your ideal NFT. Now, select it. It should bring you to a page similar to below.
Next, you would need to ensure you’ve logged in to the marketplace. You can do this using a registered account, or connect through the Crypto.com app.
Lastly, click on the “Buy” button as shown above if you want your NFT instantly. Otherwise, click on the “Make an Offer” button to negotiate with the seller for a lower price. If the seller accepts, you’ll receive your NFT shortly!
To conclude, we hope you’ve had some of your burning queries answered about the Crypto.com NFT platform.
Hmm, your NFT wallet looks quite empty! Let’s fill it up with some NFTs now!
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