Binance is the largest cryptocurrency market to join the NFTs. In addition to traditional artists, Binance will have its own NFT Marketplace with NTFs from brands, institutions, musical and visual artists, magicians, and tattoo artists.
Binance, the cryptocurrency exchange with the largest market capitalization, revealed who will be the creators who are part of the inaugural campaign of its new section dedicated to non-fungible tokens (NFTs). This platform will be available from June 24, 2021.
The “100 creators” campaign, announced by Binance on Sunday, June 6, brings together ” high-profile ” brands, institutions, musical and visual artists with a track record or renown in the arts from around the world, the exchange said on its official blog.
One of the strengths that this non-fungible token market will have for artists is its “highest royalty payment rates available ” while, for collectors, it promises a good selection, according to the statement.
Binance NFT Marketplace will have artists, magicians, institutions, and all kinds of creators
For the opening of the Binance NFT market, a wide range of content will be available from visual arts, music, and video games to sports, including one-of-a-kind, works.
Tattoo artist Johnny Gloom, one of the first 100 creators to participate in the Binance marketplace, tells of his experience going from art on skin to NFTs:
NFTs help artists secure their work and provide them with new creative perspectives no matter what medium they were initially working with, in my case: skin. (…) It has been a very interesting experience as a tattoo artist, working essentially in the tangible world and people’s bodies, now presenting my work digitally.Johnny Gloom, tattoo artist, one of the 100 creators of Binance.
Although it has not been specified whether these tattoos will be physically available, Binance opens up the possibilities for other one-of-a-kind quirky proposals. Like ConceptCigars, a collection of cigar concepts, the wizard Wian, and the creator of video memes about Bitcoin Lil Bubble.
Traditional artists from around the world will also participate, such as the Italians Giovanni Motta, Emanuele Dascanio, and Valentina Loffredo, the Mexican Leonardo Pereznieto. There are also several participants from Asia such as Malaysian artist Red Hong Yi, Taiwanese musician Coco Lee, among other creators who will be made known through her Instagram.
The recent 90% contraction in market volume in NFT has not stopped the emergence of new platforms dedicated to trading tokenized art and collectibles.
Japanese exchange Coincheck, Hong Kong-owned Crypto.com, and Binance-owned WazirX recently joined the non-fungible token trade. Likewise, the social network Instagram celebrates from today the creator’s week with a section for the creators of NFT.