Sanchan S Saxena
@sanchans
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investor; Exec-coach; Founder (ex-Coinbase, Airbnb, Instagram, Facebook) https://t.co/qSGzdQcTTf
Joined October 2010
Recently, we announced Coinbase NFT marketplace (. And today, we wanted to share a sneak peak of the product and get your feedback. Here's a video of the onboarding flow for any user to connect and create their profile 👇
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Recently, we announced the launch of Coinbase NFT marketplace (. We have been humbled by the incredible response from the community 🙏🙏. Here is a quick 🧵to share some initial details. More to share in the upcoming weeks. @coinbase @Coinbase_NFT #NFT.
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Earlier, I shared the product preview of @Coinbase_NFT and how it will be super easy for anybody to get started. Today, I want to share how easy it will be for anybody to buy an NFT on @Coinbase_NFT using a self-custody wallet of choice (CB Wallet, Metamask etc.) . 🧵 👇
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NFT Community – today, we announced the beta launch of CB NFT. We also want to highlight how we plan on supporting royalties for the #creators. Here is our plan to support #creatorroyalties and how we plan to support them in partnership with @manifoldxyz. 🧵👇.
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7/ One interface for cross-chain NFTs --> While we will start with Ethereum, our vision is to build a single interface that allows collectors to buy any NFT from any chain. Just like you can buy any crypto on CB today, you should be able to buy any NFT on any chain using CB NFT.
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1/ NFT Creator Community - we have received an incredible amount of interest in @Coinbase_NFT . We are humbled and thankful for your support and excitement. 🙏🙏. I wanted to take a moment to clarify a few things about how creators can join the CB NFT marketplace:. 🧵👇.
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3/ Your NFT is YOURs --> Like @brian_armstrong mentioned, CB embraces decentralization (. Every NFT will be minted on-chain, with metadata stored on non-CB servers (e.g IPFS). From day-1, you can take your NFT anywhere you want - it's not a walled garden.
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6/ Buy with what you prefer --> Collectors will be able to buy an NFT using their preferred self-custody wallet (e.g CB Wallet, Metamask etc.) OR by simply signing in with their custodial Coinbase account (and post-purchase, custody with CB). And yes, $$ will work too :-).
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4/ Sell any NFT --> If you already have your NFTs minted someplace else, you can easily list them on CB NFT marketplace. If you prefer, you can also easily mint on CB NFT. You can then take those NFTs to any other marketplace of choice to sell, if you prefer. No lock-in.
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1/ I had a great time hosting our #BUIDLCrypto chat about all things #NFTs with @ArtOnBlockchain of @artblocks_io, @pplpleasr1, and @clegfx + @benitopagotto of @RTFKTstudios. 🧵👇 (.
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I had a great time hosting our last #BUIDLCrypto chat about how crypto is empowering economic freedom and prosperity globally. (. Below are some highlights 👇.
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5/Inherently Social --> NFTs become a movement because of the community that surrounds it. We are building a product that is more than just buying and selling - it is about building your community, collaborating with your believers, and birthing a movement beyond just the sale.
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2/ Open for ALL creators --> creators and creativity can manifest from anyplace in the world. We are building an open marketplace where any creator will be able to join, create their profile, build a community and sell their NFTs.
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@beaniemaxi @beaniemaxi that is correct. You can use it with any self-custody wallet (or with CB account, if you already have one).
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1/ I had a great time hosting our #BUIDLCrypto chat re: Demystifying #DAOs w/ @JulzRoze of @OrcaProtocol, @lsukernik of @hi_Reverie, @awrigh01 of @OpenLawOfficial alongside @coinbase’s very own @jessepollak and @yiryan. 👀🧵👇 . (.
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1/ I had a great time hosting the 2nd session of #BUIDLCrypto - with the builders of crypto economy - hosted by @Coinbase . Over 1,900+ people tuned in to listen to our session on DeFi for Institutions (. Listing some key messages from builders below 👇.
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1/ Such an incredible time hosting our #BUIDLCrypto chat about bringing in millions of creators into the NFT ecosystem w/ @garyvee of @vaynernft, @DrifterShoots, @dannycoleee of @creatureNFT, and @YKarkai of @worldofwomennft. 🧵👇 . (.
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1/ On Oct. 12th, I had a great time hosting our #BUIDLCrypto chat on "Building crypto wallets for the next Billion users" w/ @itamarl (@argentHQ), @sebaudet26 (@zapper_fi), @OurielOhayon (@ZenGo), @sid_coelho, & @petejkim of @coinbase. 🧵👇 . (.
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3/ Getting started is easy - sign in with Coinbase OR connect any self-custody wallet of choice. You get to select what NFTs you showcase on your profile, who you follow and who follows you. You can hide any NFT or list any NFT for sale - everything is in YOUR control.
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4/ Let us know what you think! We will share more videos in the coming weeks. Special thanks to all the amazing creators that shared their work with us.🙏 @danielladoodles, @forgottenrunes, @zawhatthe, @x0r, @gxngyxng, @madebymetsa, @ponderware, @subtlegradient.
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@JasonYanowitz Thanks @JasonYanowitz - we believe that the world of NFTs is bigger than just buying/selling. Our goal is to help collectors/creators find each other, build their community, engage with each other - and eventually do the transaction. So much more to do, just getting started. 🙏.
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Join me tomorrow, where I will host the next episode in BUIDL Crypto Twitter spaces and chat with @garyvee , @dannycoleee , @worldofwomennft, and @DrifterShoots about bringing millions of creators into the NFT ecosystem.
You don’t want to miss this . #BUIDLCrypto tomorrow at 10am PT. Join @garyvee ➕ artists @dannycoleee, @worldofwomennft, and @DrifterShoots. Set a reminder 👇
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1/ I had a great time hosting our #BUIDLCrypto chat on NFTs with @blauyourmind of @x0rart, @GxngYxngNFT of @Ghxsts, @dotta of @forgottenrunes, and @midnight426 of @ponderware - all who will be doing drops at the launch of @Coinbase_NFT. 🧵👇 (.
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2/ What you see here is the landing page of Coinbase NFT - and there is a lot to talk about the different features of the product in subsequent videos.
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2/ Creators will be able to sign up and sell their NFTs on @Coinbase_NFT at launch. We are building an open marketplace --> you will not need a partnership with Coinbase to use the platform.
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I’ll be joining @kevinroose, @muratanft, @sws_wendell live tonight at the @TheBatterySF. Chatting about how NFTs will unlock new forms of creativity, and ultimately grow the creator economy. Watch it live here👇.
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That’s why we’re working with Mastercard to classify NFTs as “digital goods”, allowing a broader group of consumers to purchase NFTs.
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Super excited to collaborate with these amazing creators - @pplpleasr1 , @MekaVerse @RTFKTstudios @coolcatsnft @trevorjonesart @amber_vittoria @0n1Force . More collaborations to come - we are just getting started.
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2/ As mentioned earlier, we are building an open marketplace and you will be able to buy an NFT using any self-custody wallet of choice OR using your CB account and custody it with CB. You can buy an NFT that was minted on any platform, right on CB NFT.
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@ViktorBunin @scott_lew_is @Coinbase_NFT Yes - for all NFTs on Ethereum, they will be priced in ETH. As we add more chains, we will price NFTs natively on those chains.
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4/ In the end, this NFT will show up on your profile too. You can always hide it or list it for sale immediately. Next week, I will share a preview of our social discovery feed and how you can follow artists to discover new NFTs. Let us know what you think. 🙏🙏.
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5/ Our team is always on a lookout for creators to partner with, but we are just getting started and are growing the Drops program slowly. We will reach out to you ourselves, as we expand the Drops program.
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Thanks to our work with Mastercard, we’ll be able to provide a better customer experience on @Coinbase_NFT, and plan on working to find ways to bring this opportunity to the broader ecosystem through Mastercard’s scale and global network.
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@AKletzing Yes - any random NFTs sent to your wallet will NOT show up by default. You will be in full control of what shows up on your profile :-).
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4/ Separately, Coinbase NFT marketplace will also feature drops from creators we have partnered with. We announce such collaborations through @Coinbase_NFT. We are starting small, but over time, we will expand this collaboration with even more creators.
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3/ We have made it super simple to go through a buy flow. Users will be guided through a step by step buying process, with clear information available to them about what they need to do at each step. Switching and using the right wallet will be a breeze during the buying process.
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Coinbase wants to simplify the user experience to allow more people to join the NFTs community. Just as we helped millions of people access Bitcoin for the first time in an easy and trusted way, we want to do the same for NFTs.
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. Instead of building a walled garden solution, we have decided to support an open standard for royalties. We believe this is the best way forward as the NFT space continues to grow and evolve. Coinbase will always prioritize supporting open standards. .
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5/ Also, sharing back the earlier preview on "Getting started with CB NFT" as well.
Recently, we announced Coinbase NFT marketplace (. And today, we wanted to share a sneak peak of the product and get your feedback. Here's a video of the onboarding flow for any user to connect and create their profile 👇
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Great work by @PHariramani and his team to partner with Mastercard and pave the way for the future of NFTs 🙏🙏. We will continue to share more updates as things materialize with the #NFTCommmunity . #Coinbase #NFTs #Mastercard #JustGettingStarted.
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We are just getting started - and working with creators to bring them onto Coinbase NFT platform for drops. Later today, I will be chatting with these amazing creators on BUIDL Crypto twitter spaces. Join us.
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3/ Join me today at 11 am PST as I host these amazing guests to discuss this topic. @frankyoo (VP of Design, Coinbase).@zoink (CEO of Figma).@lily___digital (Designer at Zora).@Stammy (Senior Staff Designer at Twitter).@zhayitong (Senior Staff Designer at Coinbase)
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3/ Rather, just like any open marketplace, you can get started by simply going through the sign up flow. If you have registered on our waitlist (, we will invite you from this list at launch. No further action is needed from your side.
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2/ What is @Coinbase_NFT doing to support creator royalties?. We are partnering with @manifoldxyz to leverage their Royalty Registry in order to ensure royalties are handled seamlessly for you.
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Super great 🧵- highly recommended. This perspective is hard to come by if you are not deep into the community, learning and reforming your own beliefs about NFTs. Go deep, learn more and be open minded about what NFTs can do and can become in the future.
Outsiders think that NFTs are a new Kickstarter, or meme stocks, or money laundering. But NFTs are about finding belonging, showing status, and crafting our identity. Let me explain to you the NFT Hierarchy of Needs and how NFTs change who we are 📐
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. we are going to continue to innovate in this space and add more features over time to make it seamless for any creator to earn royalties. 🙏🙏 #coinbasenft #NFT.
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1/First off, what are creator royalties and why are they important?. Creator royalties provide the creator of an NFT a percentage of the sale price each time the #NFT is sold. These percentages are determined by the creator and can be baked into smart contracts….
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11/ Every week, I will share more about the other thriving #NFT ecosystems (Solana, Polygon and others). A big thanks to @EmperoxEmpiric, Thomas McCalley, @YanYaniv, @tcs__0, @jconorgrogan, and @jaythakrar of team @coinbase.
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…If you are a creator, please follow the instructions in this help article to set up royalties for your NFTs as soon as possible -
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5/ What should you do to ensure royalties are delivered to you?. All NFTs that are sold on @Coinbase_NFT will honor the royalties associated with that NFT via the Royalty Registry, EVEN if the NFT was not minted on @Coinbase_NFT.
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3/ The Royalty Registry aggregates royalties from the following standards: EIP2981, Manifold, Foundation, Rarible, SuperRare and Zora. Creators with contracts that don’t support any of the common royalty standards can set an on chain override through the Royalty Registry.
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When we announced @Coinbase_NFT , we envisioned letting users buy their favorite NFT using $$ (besides being able to buy using crypto as always). More here -
6/ Buy with what you prefer --> Collectors will be able to buy an NFT using their preferred self-custody wallet (e.g CB Wallet, Metamask etc.) OR by simply signing in with their custodial Coinbase account (and post-purchase, custody with CB). And yes, $$ will work too :-).
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@diogortega Multiple - we aspire to make the profile represent all your NFTs, across all wallets and chains easily.
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… Getting creator royalties right, meaning enabling creators to set their royalties and ensuring royalties are paid out on secondary transactions, is critical for preserving true creative ownership for creators.
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Sorry about the link - it might not be working for all. Let’s try this one -
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It was such a pleasure to host a #BUIDLCrypto chat focused on designing dApps with great UX, featuring @frankyoo and @zhayitong of @coinbase, @zoink of @figma, @lily___digital of @ourzora, and @stammy. 🧵👇 . (.
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. and best practices that drive the entire industry towards decentralization and creator empowerment.
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4/ Why are we doing this?.Royalties are not yet a resolved problem for our industry - every marketplace does it in their own way, thereby potentially locking out creators from future royalties.
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Join @sanchans and @coinbase in the last #BUIDLCrypto session of the year on 12/14/21 @ 11am PT. Topic: Year in Review and Outlook for Crypto.Featuring: @cdixon and @naval
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6/ We are in beta launch right now - and this is our first step in ensuring that we continue to honor creator royalties. However, we recognize that there is a lot more to do for the NFT creators to succeed with royalties in this space. .
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This is a major offering to our customers - super excited to see this roll out more broadly. Congrats @scottshapiro @web3pm and team.
Now, customers can trade on Decentralized Exchanges (DEXes) directly from the dapp wallet in the Coinbase app. Look for the “Trade on DEX” button on eligible asset detail pages. Stay tuned for updates! Learn more:
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Excited to host @Jihoz_Axie (Co-Founder @axieinfinity), .@l_udens (Cofounder, Lattice), @BoredElonMusk (Investor in gaming space), @viewfromhk (CEO of @AnimocaBrands) and @zhayitong (design at Coinbase) and chat about the future of play-to-earn and blockchain gaming in general.
🎮 A new player has entered the game …. Join our next session of #BuidlCrypto to find out what's happening in the world of blockchain gaming and to learn more about NFTs and their role in the play-to-earn economy. Set a reminder now 👇.
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Every week, I host BUIDL Crypto Twitter Spaces ( and bring together builders to share their perspectives on the challenges and opportunities of building products in Crypto.
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@ryanseslow @coinbase Thank you @ryanseslow for the feedback - we will be sure to include closed captions in all our future videos (and more). We have updated the video here.
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Excited to be on this panel and discuss the future of music NFTs.
In 2021, NFTs began to reshape the music industry. What's next? Join our Twitter Space with @unitedmasters and @coinbase tomorrow at 11AM PT/2PM ET as @Timbaland, @jimjonescapo, @Cooopahtroopa, @CallMeLatasha and more sit down to discuss the year’s biggest music NFT moments.
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. This will ensure that creators have their on-chain royalties configured so they are paid out on any secondary sales.
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I had a great time hosting our last #BUIDLCrypto chat about Scaling #Ethereum. (. Below are some highlights 👇.
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@ianawilsonn No you can use any self-custody wallet you like. Never a walled garden is our ethos and you can take your NFTs anywhere you want.
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I had a great time hosting our #BUIDLCrypto ( chat focussed on the latest Trends in Web3 Wallets w/ @BChillman of @phantom, @zenzhenyu of @Web3Auth, alongside @sid_coelho and @chintanturakhia of @coinbase. 🧵👇.
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Excited to host today’s session with these amazing NFT creators.
Here comes another NFT edition of #BUIDLCrypto, hosted by @sanchans w/ special guests:. 👩🚀Maliha Abidi, @WomenriseNFT.🐱Evan Luza, @coolcatsnft.😎Waheed Ahmadzai, @smilesss. 👇.
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7/ One interface for cross-chain NFTs --> While we will start with Ethereum, our vision is to build a single interface that allows collectors to buy any NFT from any chain. Just like you can buy any crypto on CB today, you should be able to buy any NFT on any chain using CB NFT.
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". Re: liquidity having no allegiance, NFTs have a hold on people that coins never had. It connects people & they see something special in the work, they can't let it go. People get huge offers. If it was a coin, they would sell it because it's just a number." @GxngYxngNFT.
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Incredible set of guests for today’s BUIDL - tune in!.
Join us tomorrow on #BUIDLCrypto to chat with these pioneers, paving the way for a more inclusive community!. ✨Special Guests:.• @ReeseW.• @Deadfellaz.• @NylaCollection.• @BossBeautiesNFT.🎙 Host: @NicoleBehnam
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Excited to host BUIDL Crypto series. Come join us and listen to the builders at Coinbase and in the broader crypto industry. #Coinbase #BUIDLCrypto #Crypto.
Let's BUIDL Crypto together. A new series on @TwitterSpaces bringing together the brightest minds around the world to discuss crypto's toughest challenges and opportunities. Join the first 🛠️#BUIDLCrypto chat hosted by @sanchans, VP of Product. Info👇
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