Hi everyone. This is Nick from NFT Daily.
I have great news for the NFT community. Binance is one of the top 5 cryptocurrency exchanges in launching its first NFT platform in June of this year. Simple as that. Binance chain is 2nd to Ethereum right now when it comes to purchasing tokens. And with more than 90% of NFTs being created with Etherum, the next biggest alternative will be on Binance. So make sure you keep your eyes on our channel for further Binance updates as this new NFT platform once again will be released in June of this year and you do not want to miss this opportunity especially as a second-mover advantage.
Furthermore the first Binance Smart Chain NFT platform Initial Dex Offering sold a few days ago in under 5 minutes. This token offering was for the Refinable FINE token. Refinable will be launching its own NFT platform on the Binance platform once Binance launches. Their FINE token will generate passive yield. This $FINE token will somehow be able to help facilitate the creation, discovery, and trade of NFTs as well as also leverage content on the Binance blockchain. It is still unclear what this will look like but stay tuned to this channel for further details.
The initial price of this private sale on this $Fine token started at about 0.03 cents and skyrocketed once it was listed on Cake Swap for an incredible $9 which is about a 30,000% gain which is crazy. It has currently fallen to $2.66 right now on Cake Swap. And Cake Swap is one of the most popular Binance DEX to purchase this token. Now if Binance NFT becomes successful which I predict it will, I see great value in this $FINE token. But also keep track of when the 2nd Binance NFT Platform will launch in case you missed this $FINE token opportunity.
And folks, that all for today. And finally, please like and subscribe to our channel. Our goal is to reach 500 subscribers by the end of this month, and we can only do it with your help and share this content for us as we would like to reach out to as many people as possible. If you have any questions below, please post them in the comments section. We will look at every comment because we have time. And if there's an NFT collection that you would like us to review, please put it in the comments section as well and our team of experts will review it. This is Nick from NFT daily. Have a great day.
Sources:
1.Khatri, Y. (2021, April). Binance is launching its own NFT marketplace in June. the block crypto. https://www.theblockcrypto.com/post/102959/binance-is-launching-its-own-nft-marketplace-in-june
2.Binance Blog. (2021, April). Refinable NFT Marketplace Will Be The First BSC-Exclusive IDO on Polkastarter. Binance blog. https://www.binance.com/en/blog/421499824684901948/Refinable-NFT-Marketplace-Will-Be-The-First-BSCExclusive-IDO-on-Polkastarter