Jeff Pratt delves into the Mastercard-Coinbase partnership, which will enable customers to purchase non-fungible tokens (NFTs) without using cryptocurrency.

The globe is expanding, and so is DraftKings. As NFTs continue to increase in popularity, this article will act as a clearinghouse for the latest industry news and developments.

If you're new to the Metaverse, have a look at my concise explanation of what NFTs are and how they work.

MasterCard and Coinbase Form a Partnership

Purchasing NFTs is about to get significantly easier. Mastercard announced a partnership with Coinbase, the largest bitcoin exchange company in the United States, on Tuesday. The terms of the arrangement suggest that consumers will be able to purchase NFTs on Coinbase's future marketplace using a credit or debit card, removing crypto from the equation.

The two industry titans are partnering in the intention of streamlining the NFT purchasing process. Currently, in order to acquire an NFT, you must build a wallet, purchase cryptocurrency, then wait several days for the funds to be transferred to your wallet before proceeding.

Since October, when Coinbase announced the impending debut of its NFT Marketplace, over 2.5 million users have joined the business's waitlist, fueling speculation that the startup could emerge as a viable competitor to OpenSea.

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