DCA Live: Your 
Week-Ahead Alpha Drop 
NFT
In an exciting announcement as of June 8th, Kraken NFT revealed that its platform has officially moved out of beta. The full launch of the platform brings forth a range of intriguing features, including zero gas fees and a unique opportunity for NFT owners to have their assets featured on racing cars. With over 250 collections already available and plans for further expansion, Kraken NFT aims to establish itself as a prominent player in the NFT marketplace.
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Kraken NFT’s transition from beta to a full launch signifies a major milestone for the platform. Having entered beta testing in late December 2022, the team has worked diligently to refine the user experience and enhance the marketplace’s offerings.
The full launch introduces an impressive array of more than 250 collections, with Kraken NFT committed to continually expanding its selection to cater to diverse tastes and interests.
One of the standout features of the Kraken NFT marketplace is the absence of gas fees. Unlike many other platforms where users are burdened with substantial transaction costs, Kraken NFT aims to provide a seamless and cost-effective trading experience for its users.
Additionally, the platform allows buyers and sellers to transact using either fiat or cryptocurrency, regardless of the seller’s chosen payment option during listing creation. This flexibility ensures a smooth purchasing process and accommodates users’ preferred methods of payment.
Showcasing Creators & Accessible NFTs
Kraken NFT not only features collections from well-known creators but actively seeks out those who are highly engaged with their communities. Moreover, Kraken NFT emphasizes accessibility by offering a range of NFTs at affordable price points.
Many assets on the platform are priced below $100, enabling a broader audience to participate in the NFT market & collect digital art.
By prioritizing active creators, the platform aims to foster a vibrant and interactive environment where artists and collectors can connect.
Exclusive Partnership with Formula 1
As part of its full launch, Kraken NFT has entered into an exciting partnership with the Formula 1 Williams Racing team. While specific details are yet to be unveiled, users will have a unique opportunity to have their NFTs featured on F1 racecars.
This collaboration not only provides NFT owners with an extraordinary chance to showcase their assets to a global audience but also demonstrates the increasing integration of crypto and Web3 experiences into the world of professional sports.
This announcement follows a similar partnership between Red Bull’s Formula 1 team and Mysten Labs, highlighting the growing interest from non-crypto industry players in the Web3 ecosystem.
Closing Thoughts
Kraken NFT’s transition out of beta signifies a significant step forward for the platform, solidifying its position as a leading marketplace for NFT enthusiasts. With an extensive collection of over 250 unique offerings, zero gas fees, and an exclusive partnership with the Formula 1 Williams Racing team, Kraken NFT is poised to attract both seasoned collectors and newcomers to the NFT space.
