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Coinbase Is Working on Tools to Let People Access the Metaverse

Amy Liu

Summary: On Thursday, Coinbase's CEO Brian Armstrong and an executive in charge of identity tools, Alex Reeve, published a blog post that set out the company's vision of the metaverse and its plans to operate there. They describe plans to provide users with NFT-based identity tools to enter the different realms that will make up the ...

On Thursday, Coinbase's CEO Brian Armstrong and an executive in charge of identity tools, Alex Reeve, published a blog post that set out the company's vision of the metaverse and its plans to operate there. They describe plans to provide users with NFT-based identity tools to enter the different realms that will make up the metaverse.

"At Coinbase, we want to help pull all the pieces of identity together—essentially creating an identity on-ramp into the Metaverse," reads the post. "Eventually, this will allow users to carry a unique ID across different worlds in the Metaverse."

Armstrong and Reeve added: "We’re also working on technology that will allow you to purchase your avatar, define and maintain your public profile, and establish trust."

By Amy Liu

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