Key Points

  • From innovative features on the Binance platform to top-tier partnerships, Binance NFT has become one of the most popular NFT marketplaces in the world in just one year.

  • In the future, the Binance NFT community will launch more new features and carry out more exciting collaborations.

2022 is an eventful year for Binance NFT. Let us recall the milestone events of 2022 together.

Over the past year, we have listened to the community's suggestions and worked tirelessly to improve the platform and perfect the user experience of NFT. Now, we are proud to share with you the major achievements made in 2022, all thanks to the continued support of users.

The preferred platform for everything to be NFT

Since its launch in June 2021, Binance NFT has quickly become one of the most popular NFT markets. In the past year, Binance NFT has more than 600,000 weekly active users and supported the creation and launch of more than 2.5 million NFTs, covering a variety of fields such as art, collectibles, games, sports, entertainment, and luxury fashion.

As a popular NFT trader marketplace, Binance attracted more than 370,000 new traders in 2022, with the number of active traders increasing by more than 2.5 times and trading volume increasing by 3.5 times since last year.

Binance NFT Marketplace New Upgrade

As a community-centric NFT market, we pay attention to user feedback and update features regularly. In order to achieve Binance’s long-term vision of building a stronger and more convenient NFT ecosystem, we decided to revamp the NFT market.

The revamp gives users access to more NFT assets, creating a smoother user experience for anyone looking to explore NFTs from multiple NFT markets and blockchains. The upgraded market includes NFTs on OpenSea NFT and Binance NFT markets. This revamp is a milestone in Binance's journey to build a more friendly and comprehensive NFT trading platform for the global NFT community.

Binance NFT strives to ensure that everyone can participate in Web3 activities, regardless of their experience and knowledge, so we have the NFT minting function. Since providing the minting function to all verified users, we have created nearly 100,000 NFTs and generated more than 40 million USDT trading volume.

We have also launched the Ape NFT Staking Program, where Bored Ape Yacht Club (BAYC) and Mutated Ape Yacht Club (MAYC) NFT holders can deposit and stake NFTs to earn daily ApeCoin (APE) rewards.

New upgrade of purchasing and payment experience

To further improve the user experience and transaction efficiency of NFT, we will include Binance Payment as a payment method in the Binance NFT Marketplace. This will allow cryptocurrency users in the Binance ecosystem to easily purchase fixed-price NFTs and blind boxes on the secondary market.

We have launched easy-to-use payment features, including password-free purchase limits (per transaction) and payment PIN codes, to provide users with a safer and more convenient payment experience.

Users can also purchase NFTs from third-party platforms directly through Binance NFT, conduct detailed analysis of activity history and leaderboards, and select the quick purchase option to purchase NFTs instantly.

Not only that, we also implemented a subscription mechanism function at the beginning of the year to ensure that users have equal opportunities to purchase their favorite NFTs from the latest products.

Binance NFT Mini Program

As a community-driven NFT marketplace, we regularly optimize existing features and add new ones based on user feedback. For users who prefer to use mobile devices instead of desktop computers, we launched the Binance NFT Mini Program, a mobile version of the Binance NFT website. The Binance NFT Mini Program is designed to be intuitive and allows users to directly access Binance NFT's products and services.

Blind Boxes and POAP NFTs

In 2022, our blind box sales reached more than 90 million US dollars. In order to enrich the blind box products, Binance offers its own series of products for special occasions such as cultural festivals to meet the needs of more communities. Limited edition blind boxes include the Roaring Tiger series and the Egg-citing Easter Extravaganza series.

To spice up special occasions, we debuted the Proof of Attendance Protocol (POAP) NFT at Binance Blockchain Week 2022! Attendees received a POAP NFT blind box as a special souvenir and proof of attendance. Since then, we have integrated POAP NFTs with more Binance events, such as Barcelona’s annual music festival, Barcelona Primavera Sound, in 2022.

NFT Games and Player Homes

As of October 2022, the total transaction volume of the initial game offering (IGO) has reached more than $1 billion. At present, we have also cooperated with more than 100 game projects and launched more than $3 million in game NFTs, including game tools, enhancement props, and collectibles.

High-end NFT cooperation

Over the past year, Binance NFT has partnered with legendary football player Cristiano Ronaldo, world-renowned luxury watch brand Franck Muller, and the French postal service, among others. We also released a premium NFT collection featuring the globally popular multiplayer mobile game Mobile Legends.

Additionally, we partner with musicians and athletes to take fan engagement and merchandise to new heights, including partnerships with award-winning artist The Weeknd, chart-topping DJ Alan Walker, and professional boxers Mike Tyson and Muhammad Ali.

Build the NFT collection of your dreams. Start browsing the Binance Market today.

Encouraging NFT adoption through user education

As an industry leader, we also have a responsibility to educate users and grow the ecosystem in a healthy and sustainable way. In 2022, we published 60 educational blog posts and 15 Binance Academy articles in more than 10 languages. These articles cover topics such as NFT games, security tips, Web3 avatars, and beginner-friendly guides.

Binance NFT Vision 2023

Binance NFT was originally established to serve the community, and we will continue to work hard to serve the community in the future. It is because of the support of the community that we can achieve today's achievements.

In 2023, Binance NFT will focus on expanding the NFT ecosystem, improving its infrastructure, and providing a more friendly NFT experience for our community. Let’s look forward to the new year and make plans for 2023!

Exploring the vibrant NFT space

Want to get the latest news and promotions on Binance NFT? Want to learn about upcoming IGOs ​​and exclusive blind box discounts? Follow us on Twitter and Telegram.

Read the following guides for more information:

  • (Support) "Introduction to Binance NFT Market"

  • (Blog post) Binance NFT Marketplace Experience Upgrade

  • (Blog) The best way to display your NFT collection

  • (Binance Academy) Seven NFT Use Cases

Disclaimer: NFT trading is unregulated and therefore the market is highly risky. Please trade with caution. Any losses are irrecoverable. You understand and agree that you are solely responsible for accessing and participating in this event. Binance NFT Marketplace does not make any recommendations or recommendations regarding your NFTs.