Binance NFT adds Polygon network support to its marketplace

2 years ago

Only selected ERC-721 collections successful the Polygon web are presently disposable connected the Binance NFT marketplace.

Binance NFT adds Polygon web  enactment    to its marketplace

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Binance NFT, the nonfungible token (NFT) limb of crypto speech Binance, has announced that the Polygon web has been included successful its supported blockchains wrong the marketplace. 

According to the announcement, the determination further expands the NFT ecosystem wrong the Binance community. With the caller integration, users of the Binance NFT marketplace are capable to commercialized NFTs successful assorted blockchains similar the Ethereum network, BNB Smart Chain and Polygon utilizing their accounts successful Binance. 

We’ve present added enactment for Polygon connected the #Binance NFT Marketplace!

Users tin present buy, sell, deposit and retreat NFTs connected the Polygon web

Find retired however to get started ⤵️

— Binance NFT (@TheBinanceNFT) March 8, 2023

Despite the announcement, Binance is inactive keeping a strict attack to its NFT listings. Within the announcement, the NFT marketplace highlighted that astatine the moment, not each NFT collections volition beryllium available. They wrote:

“Currently, lone selected ERC-721 NFT Collections connected the Polygon web are disposable connected the Binance NFT Marketplace. Binance NFT volition integrate much NFT collections connected a regular basis.”

On Jan. 19, the NFT level tightened its rules connected NFT listings, saying that it volition delist NFTs with regular trading measurement little than $1,000. In addition, the speech besides constricted the fig of NFTs that artists tin mint per day. Apart from this, Binance besides said that it volition reappraisal NFT listings periodically and urge those that bash not conscionable its standards for delisting. 

Related: Binance launches anti-scam run aft Hong Kong aviator run

Meanwhile, with artificial quality (AI) uncovering its mode into the Web3 space, Binance has besides moved successful connected AI. On March 2, Binance CEO Changpeng Zhao announced that its AI-powered NFT generator called “Bicasso” has launched and was capable to mint 10,000 NFTs successful conscionable 2.5 hours.

Despite its archetypal success, the AI instrumentality was instantly haunted by controversy. A time aft the motorboat of Bicasso, a BNB Chain hackaton victor accused Binance of stealing and copying their project called “Chatcasso.” The speech dismissed the accusations and pointed retired that NFTs and AI are communal concepts. A Binance spokesperson told Cointelegraph that Bicasso was developed independently much than 2 weeks earlier the hackaton.

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