Launched in 2022 by crypto exchange Coinbase, the NFT API provides almost instant access to NFT data, which can help developers build decentralized applications (dApps). Part of the Coinbase Cloud offerings, the NFT API provides data for over 106 million ERC721 and ERC1155 standard tokens and non-standard NFTs. The NFT API aggregates and indexes this NFT data, and developers can then use it to build NFT-focused marketplaces, galleries, and wallets with only a few lines of code.