Binance NFT Claims It Has Become Largest Centralized NFT Gaming Platform: Report

Video games, the Metaverse and NFTs are all becoming increasingly popular in the digital age.

Binance NFT claims it has become the largest centralized NFT gaming platform.

Since June of this year, Binance NFT has become one of the largest centralized NFT gaming marketplace, onboarding more than 60 gaming projects and selling 1 million+ gaming non-fungible tokens (NFTs).

As noted in an update, the team at Binance recently launched the first-ever Initial Game Offering (IGO) as part of their vision to “build a home for NFT gaming, but most importantly, a step forward into the gaming metaverse.”

Although they feature some of the hottest NFT drops on the market, the Binance NFT experience is “bigger than just buying, selling and trading,” the platform’s developers claim.

As mentioned in a blog post by Binance, they’re offering a cyberspace that “transcends reality; video games, NFTs, 3D worlds and a digital economy unified in one digital space.” The Metaverse is the “hottest topic” in Big Tech, “from VR goggles to virtual worlds.”

Although recent developments have “popularized” the term, NFTs, gaming and the Metaverse have “always been closely intertwined,” the update explained.

Since the launch of their NFT marketplace in June 2021, Binance NFT has offered a platform for artists and top game devs, “welcoming new gaming projects every month to overwhelmingly positive reception, from gaming collections to NFT Metaverse items.”

Due to the positive response from their community of users, they recently launched “the first-ever Initial Game Offering (IGO) as part of our vision to build a home for NFT gaming, but most importantly, a step forward into the Gaming Metaverse.”

In order to browse the latest gaming NFT collections and IGO drops, you may check out their IGO gallery.

IGO: A Step Forward in the Gaming Metaverse

Binance NFT’s Initial Game Offering (IGO) offers “a direct link between top gaming projects and a passionate crypto community.” Since its launch, all five IGO drops have “sold out and performed very well in the secondary market so far, with most projects achieving over 10 million trading volume in three days,” the announcement noted.

As part of their commitment to building the Gaming Metaverse, they’ve also teamed up with Binance Labs, Binance Smart Chain (BSC) fund, “over ten guilds, 30 venture capitalists and gaming funds and more than 100 influencers to introduce new players to NFT gaming.”

Here are some of the things they do at Binance NFT:

Building a comprehensive one-stop-shop for gaming – The gaming metaverse is “intimidating.” Where should you start? At Binance NFT, they’ve “consolidated all the top gaming projects and tokens into one easy-to-use platform, where users can buy, sell and learn more about gaming NFTs.”

Regular updates – They always “look to improve the experience for our users.” Their monthly updates “emphasize new features that enhance interaction and exposure for collectors and creators, like creator/collection profile pages, daily handpicked recommendations, and ranking boards.”

Coming soon: NFT virtual world – Stay tuned, they are “working on an immersive NFT gallery virtual world that allows users to walk around and enjoy curated NFT art in a completely digital space.”

As noted in the update from Binance:

“As part of our ongoing mission to the metaverse, we’ll continue to welcome new projects, connect users to the broader metaverse experience, and of course, build the path forward towards an interconnected Gaming Metaverse. We’re excited to see what developers are making and what the future holds for gaming. IGOs are just the first step in our Gaming Metaverse vision, and together with our users, partners and gaming projects, we’ve got plenty in store down the line.”

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