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All You Need to Know About NFT Gift Cards – the Ultimate Guide

2022-09-17

Main Takeaways 

  • Binance’s NFT gift card is the first ever NFT gift card. 

  • With the launch of Binance NFT gift cards, project teams can use gift cards to reach new audiences. 

  • NFT gift cards are a great way for project teams to cultivate their brand and engage their community. Moreover, they provide a user-friendly point of entry for those new to the NFT space.  

Discover the first-ever NFT gift card on Binance Gift Card.

From Beeple's EVERYDAYS: THE FIRST 5000 DAYS selling for a jaw-dropping $69.3 million at a Christie’s auction to supermodel Bella Hadid releasing a collection of 11,111 NFTs with reBASE, it’s apparent that NFTs have captured the attention of the masses and become one of the hottest topics in the digital sphere. With the rise in popularity of NFTs in the past couple of years, adding NFT designs to our gallery of Binance Gift Cards was a natural progression. 

To take our Binance Gift Card x NFT branding program a step further, we’ve launched  NFT gift cards – the first of its kind in the industry! Keep on reading to learn more about our innovative new launch and our first NFT gift card partner. 

What is an NFT Gift Card?

Short for non-fungible tokens, NFTs are tokens issued on a blockchain and represent ownership of unique digital assets. Common NFT use cases include art, collectibles, and music. The metadata of each NFT is stored on a blockchain, ensuring verifiable proof of ownership and the token's uniqueness. 

NFT gift cards are digital gift cards that contain NFTs instead of fiat currencies. And like any digital gift card, NFT gift cards are borderless, making them a versatile gift for any occasion. 

Benefits of NFT Gift Cards

Increase brand awareness 

Showcase your project to millions of crypto users by making your NFT collection accessible via an NFT gift card. As our partner, you’ll have the chance to be featured on our homepage banner or in our Popular Cards section, which features the latest trending card designs. 

A friendly way to spread NFT adoption

Although NFTs are a new concept to most, they make unique and unconventional gifts, especially for tech-savvy individuals who want to dip their toes into the NFT space. 

NFT gift cards are an easy way for users to share the gift of NFTs with those interested in the space, and Binance NFT Gift Cards can be sent to non-Binance users with zero fees. 

Innovative and unique 

Binance NFT Gift Cards are the first of their kind, perfect for those who may be struggling to find unique gifts. What’s more, they also make great gifts for NFT enthusiasts, crypto lovers and investors. 

Our First NFT Gift Card Partner – Punk Wolves

The Punk Wolves NFT Gift Card will launch on 17 September, 2022. 

Punk Wolves is a new collection from Mongol NFT and is part of their Wolves' Society Collectibles. A total of 2,222 Punk Wolves will be created and 500 of them will be sold as NFT Gift Cards, which you can redeem on Binance.

Please note that there is no tier differentiation among the 500 Punk Wolves — each NFT gift card will be redeemable to a unique Punk Wolf. 

How to Distribute or Sell an NFT in the Form of an NFT Gift Card

As of the initial phase, our NFT gift cards are only available for certain project collaborations. If you’re interested in distributing or selling your NFTs via Binance NFT Gift Cards, please contact giftcard@binance.com with a brief and the details of your collection. 

To learn more about Binance Gift Card, you can also refer to our helpful links below:

Binance reserves the right in its sole discretion to amend or remove this blog without prior notice at any time and for any reason.

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