Hashmasks confirmed that it is launching an NFT Collection on Coinbase’s new NFT Platform. This partnership is poised to become a major hit because the partners are powerhouses in the NFT and Crypto Space.
Hashmasks is one of the NFT space’s earliest success stories. The NFTs started at just 0.1 ETH for early adopters but the floor price is now at 0.941 ETH. Moreover, lifetime tradeable volume on OpenSea has reached 39,900 ETH or close to 184 Million. Meanwhile, Coinbase is Unite States’ largest crypto exchange with over 73 Million verified users.
Scope of Partnership: Hashmasks NFT Collectibles and Coinbase
So, what exactly can we look forward to from this partnership?
In a Medium post, the Hashmasks team shared that they were inspired to enter this partnership because of the success of their Derivatives competition in early September. In addition, they are responding to the community’s call to turn the derivatives into a collection.
They saw an opportunity after talking to Coinbase about their upcoming NFT platform. “Artists would surely want to get listed on Coinbase, but Coinbase would only have a limited number of spots available for featured artists.”
To solve this gap, they will release Hashmask bodies as assets that artists could draw on. Then, they would create a collection of Hashmask derivated where each derivative is a 1/1 from a different artist. This exciting initiative makes Hashmasks a launch partner for the Coinbase NFT Platform.
Submit Your Work Now
Today, November 15, the Hashmask team officially opened the submission process. Any artist may submit a Hashmask derivative to this Collection. Then, the team will then curate the submissions and form the Collection. Each artist may submit up to three different derivatives to the Collection. All the revenue from the Collection will flow back to the artists.
If you think you have what it takes then make sure you submit your work before the deadline on January 31, 2022!