Ethereum-Based Altcoin Project Explodes 61% After Revealing Coinbase Partnership – The Daily Hodl

A decentralized finance (DeFi) platform offering infrastructure solutions for Web 3.0 developers is soaring after joining forces with Coinbase to power its new non-fungible token (NFT) wing.

In a tweet, DeFi blockchain 0x (ZRX) announces that its native 0x Protocol will power the Coinbase NFT social marketplace while providing low transaction fees.

Back in October, Coinbase first revealed its plans to enter the NFT space, and just yesterday announced that the beta version of the NFT marketplace was now live.

The Ethereum (ETH)-based 0x platform is a decentralized exchange (DEX) protocol employing an automated market maker (AMM) with smart order routing. The protocol connects to numerous DEX networks including Curve (CRV) and Uniswap (UNI), with 0x’s Matcha interface offering a liquidity search engine.

According to the project website, 0x’s primary goal is to “create a tokenized world where all value can flow freely,” adding,

“Blockchains give us an opportunity to leave the…

Read Full Story: https://dailyhodl.com/2022/04/21/ethereum-based-altcoin-project-explodes-61-after-revealing-coinbase-partnership/

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