Binance Continues Crypto Dominance With New NFT Marketplace

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NFT mania has just gone bigger, with Binance, one of the world’s largest cryptocurrency companies, announcing its intention to launch a marketplace for the new species of digital assets. Dubbed as Binance NFT, the platform will see its first light of the day in June. The Malta-based company stated that the new marketplace would bring together “artists, creators, and crypto enthusiasts from around the world” and would enable them to conduct premier art exhibitions and collaborate with other global and regional NFT creators. “Furthermore,” it added, “Binance NFT will share the same account system as, allowing users to access the marketplace alongside our other ecosystem offerings.” NFT Mania Explained NFT is a backronym for non-fungible tokens. They represent supposedly unique digital assets secured using blockchain, the same technology that powers global cryptocurrency leaders Bitcoin and Ethereum. NFTs backer treat them as digital certificate of authenticity, insomuch that one of…

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