Binance Is Releasing 6 Batches of NFTs for the Holiday Season

original via YouTube / Boxmining

Binance, the world’s largest crypto exchange, is using non-fungible tokens (NFTs) for one of its holiday promotions this year.

According to a recent tweet, Binance is planning to release 6 batches of NFTs that vary in both rarity and design. The NFTs will be minted using the ERC1155 token standard, but the exchange plans to the tokens to BEP7 once it’s complete.

It appears that these NFTs can be earned for completing specific tasks throughout the duration of the promotional period. The first task will begin on Tuesday.

Binance continues to be highly bullish on NFTs, decentralized applications, and blockchain gaming. In addition to the NFT giveaway, Binance also recently published a report on blockchain use cases in gaming and even acquired DappReview, a Beijing-based database platform for dapps.

More: Binance Holiday NFT Announcement

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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