Exciting Events Mark the First Anniversary of Binance NFT.

zach2600
CryptobrosResearch
Published in
2 min readJun 28, 2022

Users were rewarded as the market leader in NFTs celebrated its first anniversary. The protocol also intends to introduce innovation to make sure that users can express their creativity in the NFT space.

NFT in Binance Turns One

Binance NFT, a well-known Non-fungible Token (NFT) marketplace on BNB Chain, celebrated its first year in business with a number of events to reward its sizable community.

The market leader in the sector launched three events to mark the occasion, giving users the chance to win Special Edition First Anniversary NFTs and take advantage of 24 hours of zero-fee NFT trading. On June 22, the protocol announced the event on its official blog.

The most popular activity started on June 24 and lasted for 24 hours: zero-fee NFT trading. Users had until June 23 to complete two different tasks in order to win the unique NFTs in the other two activities. One thousand users who matched the requirements outlined in Binance’s blog post received this special collection.

NFTs’ Open Minting feature

After experiencing such a huge amount of success in the previous year, the NFT platform wants to keep enhancing its user experience. The protocol documented the innovation through a thread on June 24. One of its plans to enhance its ecosystem is the introduction of a “Open Minting Feature” to enable every user to unleash their creativity on Binance NFT.

What is Binance NFT?

The exchange’s NFT division, Binance NFT, consists of a market, an initial game offering (IGO) platform, and mystery NFT boxes within the Binance Smart Chain (BSC) ecosystem. According to data from Binance, the top 10 collections on the platform have seen more than $80 million in total trade volume. More than 44,000 products from these collections have been sold online.

To learn more about Binance NFT, visit their website

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