NFTb and Binance NFT collaborate to improve the liquidity of high-value digital assets

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Earlier this year, ‘The First 5000 Days’ by Winkelmann was auctioned for $69 million. As the world realizes and embraces the value of owning NFTs as an asset, users are demanding greater liquidity access and creators are investing more resources to produce high-quality NFTs.

To create a richer NFT ecosystem, Binance NFT and NFTb have collaborated to improve liquidity access for NFT enthusiasts on Binance Smart Chain.

Liquidity Access and Interoperability of NFTs

As an asset, NFTs offer many advantages over many other asset classes. NFTs are tied to the blockchain that proves authenticity and ownership.

Although transacting with NFTs is easy on both Binance NFT and NFTb, reselling is a significant challenge when it comes to high-value NFT assets, such as rare gaming collectables and digital art. The lack of liquidity is a significant barrier for the growth of NFTs in the BSC ecosystem.

NFTb and Binance NFT will launch a feature to allow for withdrawals and deposits of NFTs owned by users on its platforms. This integration opens up the opportunity for NFT owners to access greater liquidity for high-value assets by being able to easily transact their NFTs on both NFTB and Binance NFT.

“We are excited to work with NFTb who has an extensive inventory of high-quality digital art to enable NFT owners to freely trade NFTs across both platforms,” said Dr. David An, Binance NFT’s Director of Business Development.

Launch Campaign — Degen Demons

To kick off this partnership, a series of exclusive NFTs will be available on both platforms.

Created by Nael G, NFTb’s top seller, The Degen Demons are a 20 000 collection of Bad Ass Demons, — unique digital collectables living on the BSC.

Your Degen Demon grants you access to members-only benefits in the metaverse. Perks and benefits can be unlocked by the community through roadmap activation.

This NFT collection can be found exclusively on NFTb and Binance NFT, and are tradable on both platforms.

Learn more about the Degen Demons here.

Creator Profiles

As an introductory step, NFTb and Binance NFT will be exhibiting NFTb’s ‘Top Artists’ via Binance NFT platform’s Creator profile. Users will be able to discover the talented artists who are minting NFTs on BSC.

While the adoption of NFTs continues to accelerate, this is one of the many ways that NFTb is supporting artists by providing marketing support for their creations.