Coinbase Global Inc (COIN.O) is opening up its non-fungible token (NFT) marketplace to all users, the U.S. cryptocurrency exchange said in a Twitter post on Wednesday, a platform which it had earlier rolled out for select users in the United States.

Coinbase said its NFT marketplace is in the beta stage and the company is still working on adding more features to the platform.

First announced in October last year, the platform was opened up to a “small number” of users in the U.S. in April and the company had at the time said more users would be added from a waiting list over the next three to five weeks while the platform is tested.

Nearly seven months after announcing its launch in October 2021, the exchange unveiled the marketplace to a small group of invited users at the end of April. The marketplace was only offered to a small group of people chosen from a 1.5 million-strong waitlist.

Those selected users have been able to buy and sell NFTs for the past two weeks. Everyone else could just look at it but not use it.

Coinbase’s VP of product Sanchan Saxena earlier said, “We’re building a marketplace where you can buy and sell NFTs, of course, but more importantly, you can engage. You can engage with the creator. You can engage with the collector. And you can engage with fellow collectors from a community around that NFT. This is an important piece of our strategy.”

NFTs use blockchain technology to track ownership of digital data including images, videos, and texts. The popularity of such assets rose in 2021, but have recently shown signs of slowing.

Meanwhile, Coinbase has also launched the beta version of its NFT marketplace on the Ethereum blockchain. The crypto exchange company will only allow a small set of creators, who are on the company’s waitlist to join the Beta program.

Beta testers will be able to create a Coinbase NFT profile and buy and sell NFTs using any crypto wallet, whether that’s Coinbase Wallet or something else. The company has also announced zero transaction fees for beta creators. “We’ll eventually add fees, which will be in line with Web3 industry standards, and we’ll provide notice before anything changes.” 

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