In Todaro’s base case scenario, Coinbase’s NFT platform would have similar fees to competitors at 2.5%, volume of $1.5 billion, and post annual revenue of $450 million. In an aggressive bullish scenario, Coinbase might push fees to 3%, see volume of $3.5 billion, and add as much as $1.26 billion in revenue.
Related posts
-
US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme
Two Southern California men, Gabriel Hay and Gavin Mayo,... -
Travel Platform Unleashes Bitcoin Reserve Plan After Breaking $100M Revenue Mark
Travala hits a $100M revenue milestone, launching a bitcoin-driven treasury plan to boost growth, enhance liquidity,... -
NFT sales spike to $224m, Pudgy Penguins sales surge 50%
The NFT market sales have surged amid mixed cryptocurrency price action, with Bitcoin reclaiming the $100,000...