The marketplace is described as “large-scale” and “consumer-facing” and comes as the trading of NFTs or non-fungible tokens is booming. The market for these digital assets hit $2 billion in sales during the first quarter of 2021 with the likes of Beeple selling NFT artwork for $69.3 million and Jack Dorsey auctioning off his first tweet for $2.9 million.
Source: Dolphin Entertainment, FTX Launching NFT Marketplace for Sports and Entertainment Brands (EXCLUSIVE)