Binance readies its NFT marketplace for launch on 24th June – htxt.africa

Wian Wide

Non-fungible tokens (NFTs) have enjoyed a wonderful day in the sun so far and while we might not see sales reach the levels we saw earlier this year, there does appear to be demand for NFTs.

As a result of this rise in popularity we’ve seen many an NFT marketplace pop-up this year and the latest one comes from cryptocurrency exchange Binance.

Simply called the Binance NFT Marketplace, the platform will launch on 24th June. For those who already have a Binance account, you can start purchasing and selling NFT’s right away using the same account as Binance and Binance NFT Marketplace share an account system.

“We are especially excited to host African creators as we see the profound opportunity NFTs and the blockchain bring to the entire continent. As NFTs transform the digital art world, it is important that African creators are provided an even larger platform with optimal solutions to reach a more global audience,” says director at Binance Africa, Emmanuel Babalola.

To that end, Binance is hosting a launch event where it will showcase 100 creators who will make use of the platform.

One of those creators is local TikTok influencer, Wian.

@wianWhat just happened? 🤯 ##magic ##foryou @simmywelff♬ Body (Remix) [feat. ArrDee, E1 (3×3), ZT (3×3), Bugzy Malone, Buni, Fivio Foreign & Darkoo] – Tion Wayne & Russ Millions

The creator will feature a collection of art highlighting his passion for magic.

“He aims to pay homage to well-known magic-centric characters and their links to the boundless crypto space whilst simultaneously allocating a portion of the proceeds from his sales to charitable causes,” Binance explained in a press release.

The 100 Creators campaign as it will be known will also feature exclusive NFTs from top creators around the world such as Ukrainain football club FC Dynamo Kyiv, Africa’s foremost cryptoartist, Osinachi and Russian street artist, Misha Most, with unique offerings and collectibles.

Brendyn Lotz

Brendyn Lotz

Brendyn Lotz writes news, reviews, and opinion pieces for Hypertext. His interests include SMEs, innovation on the African continent, cybersecurity, blockchain, games, geek culture and YouTube.