- This is the third blockchain implemented on the platform
- Binance appreciates it for its low fees and speed
Binance NFT Platform added support for projects in the Polygon network. This is the third blockchain that the marketplace works with (besides BNB Smart Chain and Ethereum).
Customers will now be able to list, buy and sell NFTs on the Polygon network. Transactions are available in MATIC tokens and other coins supported by the marketplace. However, it will be possible to withdraw NFT only for MATIC tokens.
The site has already implemented several selected collections from the Polygon network. They invite digital artists to join the marketplace and submit their applications by mail [email protected] The team will check candidates’ work for a number of reasons, including whether they must pass KYC.
In their blog, Binance noted the advantages of the Polygon network – fast transactions and low fees. In the future, the marketplace promises to add new partners.
Last week, Binance introduced an NFT generator powered by artificial intelligence. A tool called “Bicasso” allows you to create digital art with a single click. Users can upload an image (such as a photo of themselves) for the AI to work with, or simply type in descriptive phrases. In response, the neural network will generate a “unique image” based on non-fungible tokens. True, one of the artists accused Binance of plagiarizing the idea. He previously created the Chatcasso tool and even won a hackathon against Binance.
