![]() The year 2022 also saw the creation and listing of over 2.5 million NFTs.Īre your BTC holdings flashing green? Check the Profit Calculator Over 370,000 new traders joined the platform, increasing the number of active traders by over 2.5 times and trading volume by 3.5 times from the previous year. Launched in June 2021, Binance NFT marketplace added over 600,000 weekly users over the course of 2022, according to Binance NFT 2022 Year in Review report. Users who trade at least one NFT on the platform during the promotional period, which extends up to 19 June, stand a chance to share a total of 80 Bitcoin NFTs as per the rewards structure. In order to boost Bitcoin NFT trading activity on its marketplace, Binance came up with a rewards program. ![]() With the addition of Bitcoin, Binance further elevated its stature as a multi-chain NFT marketplace, which currently supports NFTs from blockchains like Ethereum, BNB Chain and the recently added Polygon. Binance stated that it intends to add support for more collections in the days to come. You can now buy, deposit, withdraw and list NFTs from the #BTC network directly from your #Binance account □įind out more ➡️ /ZwYGaT2aUSīinance is the latest entrant to step into the world of Bitcoin NFTs after leading player Magic Eden launched a secondary marketplace for Ordinals in March.Īccording to the blog post, iconic NFTs like Bitcoin Punks and Bitcoin Frogs, which were extensively traded last month, were among the collections available on the Binance NFT marketplace. Alexandre Arnault, Tiffany’s executive vice president of product and communications, previewed the launch in April.The #Bitcoin Network is now supported on Marketplace! Most associate the storied jeweler with Audrey Hepburn in Breakfast at Tiffany’s, its iconic blue jewelry boxes, and its largely out-of-reach price tag.īut a debut NFT collection might be Tiffany’s latest move in its years-long rebranding effort to appeal to younger shoppers. The collection may seem like a strange move from one of the most prominent names in the luxury goods sector since its founding in the 1800s. 12 to redeem their NFTs, and the physical pendants won’t be ready until early next year-according to Chain, the crypto startup Tiffany’s has partnered with for the project. ![]() ![]() But only CryptoPunk holders can redeem the physical necklace through minting-the process of turning a digital file into a crypto collectible or digital asset recorded on the blockchain. The design is meant to resemble each CryptoPunk owner’s character from the famed avatar collection.Īnyone can purchase an NFTiff pass to hold as a collectible, as long as they use a wallet where they own the private keys. ![]() Tiffany’s artisan designers will customize each pendant sold using a combination of at least 30 diamonds and gemstones, the company said. The values of cryptocurrencies such as Bitcoin and Ethereum are also down big after hitting highs late last year. CryptoPunks, considered a leader in the market, was no exception, and its floor price sank over 50% that month, The Block reported. The announcement about the passes comes after many NFT collections took a massive loss in value following May’s crypto market crash. ![]()
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