What you'll learn 👉
Intro
Exploring the landscape of blockchain technology reveals a fascinating subset: Binance Smart Chain (BSC) and its burgeoning array of NFT projects. These initiatives are not just redefining digital ownership but are also carving out new avenues for artists, creators, and investors alike.
As BSC NFT projects continue to gain traction, they offer a unique blend of accessibility, efficiency, and innovation, setting themselves apart in the digital asset space. This article delves into the diverse world of BSC NFT projects, highlighting how they are reshaping the narrative of digital collectibles and assets.
| NFT | Description |
|---|---|
| 🌾 MOBOX | NFT Farmer – MOBOX is a platform that offers NFT farming, allowing users to earn rewards by staking NFTs. |
| 🥞 PancakeSwap Squad | PancakeSwap, a popular decentralized exchange on Binance Smart Chain, has created its own line of NFT characters to collect, offering a unique NFT experience within the PancakeSwap ecosystem. |
| 🐰 Pancake Bunnies | Another NFT project within the PancakeSwap ecosystem, Pancake Bunnies offers collectible NFTs with a rabbit-themed DeFi concept. |
| 🌌 Thenian | Thenian is an NFT project on Binance Smart Chain that provides a platform for creating and trading NFTs, contributing to the growing NFT ecosystem on the Binance Smart Chain. |
| 🍞 BakerySwap | BakerySwap is a platform that offers collectible NFTs, contributing to the expansion of the NFT market on Binance Smart Chain. |
| 🐾 Battle Pets | Battle Pets is an NFT project that introduces collectible creatures, adding a gaming element to the NFT space on Binance Smart Chain. |
| 🎲 Binopoly | Binopoly provides a platform for creating NFTs with a high degree of freedom, allowing users to express their talents on an unlimited stage. |
| ♟️ Tranchess | Tranchess is an NFT project that offers a unique approach to NFTs, contributing to the diversity of NFT offerings on Binance Smart Chain. |
| ⚔️ CryptoBlades | CryptoBlades is an NFT project that combines gaming and NFTs, allowing users to engage in skill-based battles and earn rewards through NFTs. |
| 🔃 Element Market | Element Market is an NFT project that provides a marketplace for trading NFTs, contributing to the overall NFT ecosystem on Binance Smart Chain. |
Top 7 NFT Projects on Binance Smart Chain
After a thorough investigation of NFT projects on BSC, I came to the conclusion that I would like to mention 7 projects in total. Let’s start.
PancakeSwap Squad
PancakeSwap is one of the largest NFT marketplaces built on Binance Smart Chain and it is for sure the most popular one. On PancakeSwap, you can buy and sell NFTs such as Liquid Monsters, Wolfies, Lil Bulls, Kittens, Cross Bosses, Saint Monsters, Apes, ShitPunks, BornBadBoys, BornBadGirls, etc.
The platforms produced one of the most anticipated drops with record times in minting by users who hope to get their hands on the exclusive new NFTs. For example, Pancake Squad #337 was one of the rare balloon-like NFTs that fetched nearly half a million dollars of value at the time. The drop definitely excited most of the BSC community with many thinking that this is the start of a new era of NFTs on the Binance Smart Chain.
Cake Monster
The next platform we will investigate is called Cake Monsters. Cake Monsters is a new DeFI protocol project on Binance Smart Chain. It is actually a coin that has utility. The starting supply is 10 billion $monsta. On each transaction, 2.5% of the coin is burned and 2,5% is taxed. So, the idea behind the project is simple – when the supply goes down, the price should go up.
The coin uses the tax in two ways – first, it adds liquidity to the liquidity pool, and secondly, it is used to buy one of the most popular tokens on Binance Smart Chain – PancakeSwap’s native token $Cake. All of these tokens are then put in a vault, which should give DeFi protocol a good value.
MetaWars
MetaWars is one of the most popular games that operate on the Binance Smart Chain. This is a multiplayer strategy / roleplaying game that is powered by the digital economy and blockchain technology.
The game itself takes place in an epic space that allows players to explore the universe and find mysteries, surprises, and potentially valuable loot just waiting to be discovered. It takes place in the 50th century and the designers of the game really put a lot of effort to show what the space will look like in 3 millennia of progress. MetaWars is considered a play-to-earn game where you can battle, earn and trade NFTs, mine and develop their terrain, and stake their in-game assets. The native token of the game is $WARS.
MetaGods
MetaGods is another Metaverse-based game built on the Binance Smart Chain. It claims to be the first free-to-play online RPG game. The purpose of the game is to earn various NFTs loot by exploring dungeons and slaying mythical monsters. If you bring more friends to the game, you can earn more rewards.
Altura Penguins
Yet another NFT-based project built on the Binance Smart Chain is called Altura Penguins. The platform claims to be the first set of Smart NFTs to roam the blockchain. The thing to note here is that each Pengiun is located in a different city around the world. The background of each NFT will change in order to fit the time of the day in that Penguin’s location.
As per Artura Penguins’ website, “Altura provides the infrastructure for the future of in-game items, digital assets, and The Metaverse”. The native token of the platform is $ALU.
TTK Hero
TTK is shortened of The Three Kingdom, one of the most exciting games built on the Binance Smart Chain. As the name suggests, the game map is divided into three kingdoms in China – Wei, Shu, and Wu regions. The whole land will be split into squares. The land that is closer to the center will get more perks.
Players can use these lands to stake and monetize various events. You can own your own base of operations where you could fight and expand your territory and earn in-game NFT and currency. You should always keep track of in-game world news so that you can act accordingly and make efficient strategic decisions. $TTK is the native token of the platform.
BINOPOLY House
Binopoly game included NFTs in the in-game world as a collectible asset. Players can actually collect “house” NFTs in order to change and display graphic appearances of their properties on private and public land slots. NFTs act as a virtual home that represents one’s artistic values and unique personality. There are various property types such as straw huts, wood cabins, stone houses, mansions, manors, and even entire skyscrapers.
If you want to create NFTs with a lot of freedom, Binopoly is probably the place for you. The platform will give you an opportunity to express your talents on a particularly unlimited stage.
Why choose Binance Smart Chain for NFTs?
If you are wondering what are the main reasons for choosing Binance Smart Chain for NFTs, the answer is quite simple – low fees. Besides low fees, BSC offers to be EVM-compatible, which enables the utilization of ERC standards. These are the areas where Binance Smart Chain has a competitive advantage over Ethereum. It is not a surprise to see more and more crypto investors turn to BSC in order to be as cost-efficient as possible.
Closing thoughts
With the growing NFT world, Binance Smart Chain had no other solution except to join the party. After thoroughly investigating all major NFT platforms built on BSC, I can safely say I was pleasantly surprised where the development of NFTs, in general, got to. And this seems to be only a beginning, all projects described in this article are only starting their journey.
If you would like to pay for lower fees when operating with your NFTs, then Binance Smart Chain is probably the blockchain you should go to.
Note: Keep in mind that these are only our opinions based on my thorough investigation of the NFTs on the Binance Smart Chain. In any case, please do your own research before deciding whether you want to use them or not.
At this point, it is good to note that all opinions and suggestions written in this article are not considered financial advice.
Read also:
- Tezos NFT Platforms
- How To Find a Good NFT Project To Buy EARLY
- Best Metaverse Projects To Invest In
- Best Apps To Create NFTs (on Desktop, iOS and Android)
- What Is Floor Price For NFTs? NFT Metrics Explained
- What are fractionalized NFTs? Can NFTs be Fractionalised?
- What Is Looks Rare Marketplace?
- Best Exchanges To Buy NFTs And Metaverse Coins
FAQs
Let’s look at some frequently asked questions about NFTs on Binance Smart Chain.
Can I Store BSC Crypto Collectibles in the Trust Wallet App?
Yes, you can. Trust Wallet offers an easy way to store and access all your crypto collectibles on Ethereum and BSC with high-level security.
Is Binance good for NFTs?
Based on everything I investigated for this article, Binance is decent for NFTs and it will only get better. Fast transactions, high liquidity and volume, and low fees are the main reasons why some crypto investors are turning to Binance Smart Chain for NFTs.
However, the argument for Ethereum will always be that you have more platforms and more chances to earn profits if you choose that network. Keep in mind that more than 90% of digital assets have been created as ERC-721 tokens on the Ethereum network, including some of the most popular ones like Axie Infinity and CryptoPunks.
What chain is best for NFT?
This is a great question, let me provide you with the list of chains I believe you should look at when choosing which one to use for your NFTs – Ethereum, Solana, Polygon, Cardano, Tezos, and Binance Smart Chain.
You can read our reviews of the best NFT marketplaces on Ethereum, as well as Solana, Polygon, Cardano, and Tezos.
What can I do with NFTs on Binance?
Well, Binance Smart Chain NFT marketplace is the largest centralized NFT marketplace in the crypto world where you can buy and sell in-game items, virtual land, art pieces, and more — at a flat trading fee of just 1%.
Can you buy NFTs with cash?
Yes, of course, you can. An NFT can be sold for cryptocurrency or cash. All transactions you make for NFTs are recorded on the blockchain in order to secure the right ownership of an NFT. Most of the time, investors want to buy NFTs they believe will increase in value in the future so that they can sell them for cash on an NFT marketplace to gain profit.
The most popular NFT marketplace for buying and selling NFTs is called OpenSea.
