How Binance NFT Is Building the No․1 Gaming Metaverse

Binance NFT the top Metaverse

Binance NFT Is Building The Top Gaming Metaverse

As the world’s largest cryptocurrency exchange by trading volume, Binance is a pioneering force when it comes to all things related to cryptocurrencies, the Metaverse, NFTs, and Web3. As such, in order to foster a robust ecosystem of NFTs, they launched their own marketplace platform, Binance NFT in late June 2021.

Binance NFT is composed of three parts: the main marketplace where users can buy and sell NFTs of any kind from different creators, a mystery box section where users can purchase a blind box containing an NFT from a particular collection with rarity ranks of normal (N), rare (R), super rare (SR), or super super rare (SSR), and lastly, the Gaming/IGO section, which stands for Initial Game Offering.

Binance NFT’s IGO is a first-of-its-kind initiative “to support the future of NFT gaming”. It’s a platform made for blockchain gaming enthusiasts and contains a plethora of NFTs for sale from various NFT-based games that Binance deems to be “top-tier”. The NFTs offered in the IGO collection can be in-game content such as weapons, items, cosmetic skins, early-access passes, and more, and are offered via auction, fixed price, or mystery boxes.

The Gaming/IGO piece of the Binance NFT puzzle is especially pertinent with the rise of blockchain gaming in recent months, and the low transaction fees required to use their BNB Chain make it a much more affordable network than Ethereum’s. Each game highlighted on the platform has its own landing page where users can see all the details related to the game including gameplay previews, the project’s whitepaper, available in-game NFTs for sale, and more. This dedicated platform allows developers and their games to reach new audiences and gain exposure in ways they never would’ve been able to before, all thanks to the support of Binance. Since launch, their IGO has performed exceptionally well, now containing over a million gaming NFTs, sixty gaming project NFT drops, and reaching $130 million in trading volume. Not only that, but the platform reached over $40 million in trading volume in just one month since its launch.

Much more than just a simple marketplace, Binance NFT is building a true one-stop shop for blockchain gaming for seasoned veterans and newcomers to the Metaverse alike. What’s more, an in-house metaverse NFT gallery virtual world is being developed by their team that will let users navigate through an environment of curated NFT art pieces. Binance NFT isn’t even a year old, yet it has exploded in popularity and is sure to only get bigger and better as time goes on. The success of its IGO platform alone just goes to show the desire for NFTs and play-to-earn experiences by fans of gaming and crypto everywhere. Now more than ever, it’s clear that NFTs are here to stay, and their demand has never been higher.



Binance NFT Is Building The Top Gaming Metaverse Info



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