Crypto Exchange Coinbase Suspends Airdrops on its NFT Marketplace

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The NFT marketplace team of US-based crypto exchange Coinbase has recently announced the suspension of the distribution of new collections on the platform.

Coinbase NFT has stressed that the operation of the marketplace will not be suspended. According to the company, the decision has been made so that the staff of the company can “focus on other functions and tools.”

According to the statement:

“Rest assured, our mission statement has not changed and we remain optimistic about the future of the platform and keep building.”

A company spokesperson has said that “the Coinbase NFT team has redeployed its resources to focus on the areas that matter most to users.”