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Home»Featured Articles»Binance NFT Market Updates & New Features
Featured Articles

Binance NFT Market Updates & New Features

Ranjan YadavBy Ranjan YadavSeptember 19, 20216 Mins Read
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Binance NFT Platform: New Mystery Box, Like, & Favourite features—a fresh marketplace!

The State Hermitage Museum: NFTs Project x Binance NFT

“Your token is kept in the Hermitage.” The Russian State Hermitage Museum (RSHM) is placed among the world’s acclaimed art museums. 3,000,000 items in its collections depict “the art and culture of Antiquity, Western Europe, Oriental countries and Russia.”

The State Hermitage Museum NFTs project is a unique NFT tokens’ collection. Its conceptualization is based on the iconic masterpieces conserved at the State Hermitage Museum (St. Petersburg, Russia). The rich and iconic collection hosts a set of five great artists’ masterpieces in an ultra-high resolution digital copy. Owning General Director, the State Hermitage Museum, Mikhail Piotrovsky’s live signature. The ultra-high resolution digitized and tokenized image is a rare mix linking the offline world. NFT artwork’s buyer stands to receive a NFT video airdrop with Mikhail Piotrovsky. All transactions are conducted in compliance with the Russian law. The owner is free to demonstrate NFT in digital (commercial or non commercial) format.

Binance NFT: New Market Updates

Binance is tirelessly working towards bettering and updating its products to fit its users’ varied needs and demands. The commitment to develop “the ultimate NFT experience” motivates Binance to entirely rejuvenate its NFT platform.

Learning from its users’ valuable comments and feedback. Binance has fully altered its marketplace browsing experience. In doing so, Binance has also changed the very nature of its users’ interactions with their favorite creators.

Let’s delve you deeper into the latest Binance NFT and market update insights:

RSHM x Binance NFT

The Kremlin’s hostile cryptocurrency industry attitude is well-known. But that didn’t prevent the world-renowned RSHM from Binance collaboration. RSHM organized an eminent artists’ classic NFT form artworks’ auction from August 31 to September 7 (2021).

Auctioned artworks were courtesy of legendary Van Gogh, Claude Monet, and Leonardo Da Vinci. The world’s largest museum generated over US$444,000 BUSD from the said auction. Masterpieces, such as “The Madonna and Child,” “Composition VI,” “Lilac Bush,” “Judith,” and “Corner of the Garden at Montgeron” were auctioned in their NFT form. 

“The Hermitage does not make any operations with cryptocurrency. All funds will go to the Hermitage in Fiat currency,” says the Hermitage’s spokesperson.

Per the RSHM, its legal department is availing a consultation with LFCS to design and sell NFTs via a fully-compliant model—“fully complies with Russian legislation.”

NFTb x Binance Smart Chain (BSC)

NFTb is all set to revolutionize the gaming market space. Bracing to launch its cross-chain gaming and DeFi projects in 2021, NFTb is eyeing Cardano and Polygon Ecosystem. Earlier launched as a Premium NFT Marketplace on the BSC. Per COO Tommy So, the platform would allow gamers “to be able to unlock the value of owning their digital assets.”

With five Play2Earn partners already registered as launch partners, premium NFTs on the NFTb platform are next. NFTb is considered to be the first cross-chain NFT and DeFi platform for gamers. To work closely with leaders, and for the finext User Experience (UX), NFTb has partnered with the BGA (Blockchain Gaming Alliance).

RARA & Binance NFT

RARA and Binance NFT are collaborating in the Vogue Singapore Mystery Box this September. In the joint release, Binance NFT issues and sells a portion of the NFT, where RARA is in-charge of the Singapore card.

Binance NFT is proposing the first 10 cities NFTs in this campaign. Beyond other rewards, RARA NFT platform suggests an extra US$5,000 worth of rewards demonstrating. This shows its strength in resource reserve.

Wian’s NFT Collectibles on Binance NFT

Africa’s Tik-Tok influencer, Wian, will be displaying his collections this September 21st on the Binance NFT marketplace. The premium event will feature six of Wian’s animated cards including—Ace, king, Smile Card, and Joker.

With the “100 creators” campaign in June 2021, Wian started his NFT collection. He aims to pay respect to the magic centric characters. To describe his intention further, Wian says: “With everything going on in the world, using my influence to instil ‘magic’ in those less-fortunate will give me a smile wider than the Joker.”

Binance NFT Marketplace & Mystery Boxes

With some fresh features and a new look, the September update of Binance NFT platform is here. They have added a like and a favourite button to support and save the NFTs you like, along with an updated push notification feature. Details regarding the updated features are mentioned below –

1. New Mystery Box Page

Binance is the first and single NFT marketplace to launch this Mystery Box feature. The Binance Mystery Box feature gives its users a chance to open boxes and accept NFTs across levels. Now, what’s new?

  1. You can now browse all the mystery box offerings on a single and separate page.
  2. To customize your search, there are filters like: collection name, NFT type, and Sales type.
  3. The upcoming event details and rules can be found on the home screen. The sold-out collections will also include the rules.

2. Marketplace Updates

To improve the user interface (UI) and the NFT shopping experience in general, they have added the ‘like’ and ‘favourite’ buttons:

  1. If you find an NFT interesting, you can like it by using the heart icon.
  2. If you find NFTs you love, you can add them to your favourites. Later they will be listed under the favourites section of your profile.
  3. If you’re curious to know which NFTs are people loving the most, you can filter by “Most Favorited.”
  4. You can now search by the NFT name or creator directly via the search bar. And filter as per the category, file type, sale type, and currency.
  5. The display of ‘like counter,’ countdown timer, hammer icon, and the file type (whether it’s a video, audio, or image) will give you an instant brief about the particular NFT. 

3. The Push Notification feature

This feature will help you to stay up to the minute on Binance NFT platform. You will get notified of the dates and time of minting, delisting, listing, and successful or unsuccessful bid buys and sells.

What’s Next with the Binance NFT?

Binance is developing new solutions and building user-centric platforms, products, and services. Binance is committed to offer the finest NFT metaverse experience for professional and amateur NFT users. Binance’s new withdrawal and deposit function is set to launch in Q4 2021.

Binance NFT Socials

  • Instagram: https://www.instagram.com/binancenfts/
  • Twitter: https://twitter.com/thebinancenft
  • Telegram: https://t.me/binancenfts
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