Binance launching new NFT marketplace in June 2021
Binance, a leading crypto exchange & blockchain company, has announced that in June 2021 it will launch Binance NFT; its new NFT marketplace & trading platform.
Binance NFT will share the same account system as Binance.com; allowing users to access the marketplace alongside our other ecosystem offerings.
NFT Platform Minted For Artists and Creators
For curated “Premium Event” collections, artists will receive 90% of profits from sales.
Users will be able to deposit their NFTs to the “Trading Market” and choose to list them for sale or for auction. Binance will charge a nominal 1% processing fee, and creators or depositors receive a 1% royalty payment for all subsequent trades.
“Our new global marketplace will become the premier destination for NFTs and digital collectibles across mediums; from visual arts and gaming to music and sports. We aim to create the most compelling metaverse with one-of-a-kind offerings and exclusive collaborations; paired with a seamlessly designed and intuitive digital platform to bring together artists, creators, and crypto enthusiasts from around the world.”
– The Binance Team