Main Takeaways The advantages of NFTs have changed the way we collect, make, and enjoy art. NFTs are giving artists more freedom and direct opportunities to connect with interested buyers. On top of making it possible to prove ownership of digital artworks, NFTs also made art more accessible – thanks to marketplaces like Binance NFT. Some things are just better…
Tag: CZ
Binance NFT Meets French Cinema In a New Collection
Are you a movie buff? If so, Binance has some exciting news for you! Binance NFT Marketplace is launching the NFT collection based on the movie Music Hole. The film, co-produced by Luc Besson and Rockstone Films, premiered in early July 2022. Discover the NFT collection here. Dubbed the ‘Belgian Pulp Fiction’, the movie follows Francis, an accountant working for…
How Are NFTs Impacting the Sports Industry?
Main Takeaways Sports NFTs give loyal fans new and exciting ways to support their favorite teams, while sports organizations can benefit from a new revenue stream by issuing digital collectibles. Beyond attending live sporting events, fans can also directly interact with athletes in virtual environments, for example, during metaverse meet-and-greets or AMAs. Non-fungible tokens (NFTs) have seen substantial growth in…
An Overview of the Newest Binance NFT Features in May and June
Main Takeaways Binance NFT has added some exciting new features in May and June. From profile customization to creating your own NFTs, here are some new features that we think you’ll love. Explore the updates below to find out how to make use of the latest additions to Binance NFT. We’re constantly looking for ways to improve and upgrade our…
Beginner’s Guide to Minting on Binance NFT
Main Takeaways All registered Binance users who have completed identity verification and garnered at least five followers can start minting on Binance NFT. For those ready to mint on Binance NFT, we’ve outlined a step-by-step guide to the process. Build, mint, and monetize your creations on Binance NFT, whether you’re an NFT newbie or an aspiring artist. At Binance NFT,…
Celebrate Binance NFT’s 1st Anniversary: Featuring Exciting Activities, Giveaways and Commemorative NFTs!
Main Takeaways Within our first year, Binance NFT has grown to become one of the world’s most popular NFT marketplaces. Join our exciting celebratory activities, win a special edition commemorative Binance NFT 1st Anniversary NFT, & enjoy zero trading fees! In the upcoming year, the Binance NFT community can look forward to an even more innovative platform where everyone can…
What Is NFT Ticketing and How Does It Work?
Main Takeaways NFT tickets are digital access credentials that offer holders exclusive benefits at the event they attend. NFT ticketing can help address various problems associated with traditional ticketing systems. What’s more, they can also help artists and event organizers establish stronger relationships with fans. Immerse yourself in the future of live events with NFT tickets. Seeing your favorite musician…
How to Protect Yourself From Rug Pulls in the NFT Space?
Main Takeaways: An NFT rug pull occurs when the team of an NFT project abandons it and disappears with investors’ money. You can minimize your chances of falling prey to rug pulls by learning how to spot red flags. Some of the common rug pull signs include an unrealistic roadmap, completely anonymous project members, and low liquidity. Understanding how to…
What Is a DAO and How Does It Benefit NFTs?
Main Takeaways DAO is an acronym for Decentralized Autonomous Organization, a community-led organization that lets members vote on the direction of their entity. Collector DAOs allow multiple individuals to own a fragment of an NFT; this gives smaller NFT traders an opportunity to join more expensive projects. NFT creators and community members can collectively decide on the future of an…
What Is An NFT Floor Price?
Main Takeaway: The floor price is the lowest-priced NFT within an NFT project. Floor price is one of the key metrics collectors and investors consider when evaluating the intrinsic value of an NFT. If you’ve ever been surrounded by NFT enthusiasts, you’ll likely hear the term “floor price” being thrown around in the conversation. Every NFT is unique and features…