On Wednesday, Thirty 5 Ventures, a enterprise capital agency co-founded by NBA star Kevin Durant and sports activities supervisor Wealthy Kleiman, announced a enterprise partnership with Coinbase. Beneath the settlement, Thirty 5 Ventures will work collectively with Coinbase to create nonfungible token, or NFT, drops and storytelling content material about NFTs and crypto in addition to showcase Coinbase’s latest progress within the sector. In response to the announcement, there can even be a philanthropic integration with the Kevin Durant Charity Basis.
Coinbase is at present the third-largest centralized cryptocurrency trade on this planet by buying and selling quantity. On the time of publication, there’s a waitlist of over 2.6 million customers for Coinbase NFTs. The corporate stated it’s at present designing a self-custody wallet for NFT integration. By the tip of this 12 months, Cointelegraph Consulting estimates that NFT gross sales will surpass $17 billion.
Wealthy Kleiman issued the next the assertion relating to the partnership:
“Traditionally, premium has meant manufacturers which were round without end, like Mercedes, Rolex, and American Specific. However in 5 years, Coinbase has turn out to be consultant of that period and is according to our premium model philosophy. And we’re stepping into this formalized settlement with an organization that’s simply scratching the floor on the place it’s going.”
— Kevin Durant (@KDTrey5) December 15, 2021