Binance ENJ-backed NFT Craze is On

By February 4, 2020 DApps
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This Christmas, Binance released 6 batches of NFTs varying in rarity and design. Users with a Binance account could obtain those collectibles by completing certain social tasks.

The popularity of NFTs has been increasing; the demand for them surged as well.

Recently, two of Binance’s rarest collectibles were auctioned on Opensea for 29.8 ETH. Moreover, Binance NFTs volume on Opensea exceeded $34,000 and $61,000 in the Enjin marketplace.

In the recent holiday season of the Lunar New Year, Binance also distributed a limited-edition of collectibles. The exchange minted and handed out 30,466 of NFTs.

That said, it is now clear that Binance recognized Enjin as the minting standard for NFTs. That said, the public loved Binance NFTs, the volume of which is comparable to that of blockchain games and Dapps.

Such hype may push Binance to give away a unique NFT each time a special occasion or holiday comes. And I’m sure many can’t wait for that.

Time to guess Oscar winners

Apparently, there is a huge interest in digital collectibles and using them is a smart way of marketing as well. Not only is it cost-effective but it is also a fun way of interacting with the audiences. And seems like these notions have been understood by multiple companies out there, including Changelly.

Changelly and @Enjin are collaborating on an #Oscars2020 giveaway!

Guess the winning nominees for a chance to win a Changelly gift bag and receive an Enjin collectible token minted exclusively for this year's award show: https://t.co/dvEAL9nzgQ #Oscars #OscarNoms $ENJ pic.twitter.com/j4iQvPeF2p

— Changelly.com (@Changelly_team) February 3, 2020

Together with Enjin, the company has initiated an Oscar 2020 giveaway. All you have to do is guess who’ll be on top. This will be your chance to win a Changelly gift bag and an exclusive Enjin collectible token.

Those willing to participate should submit their entries until 21:00 PCT, 9th of February 2020.

“Winners will be announced and tokens distributed in the week following the Oscars (February 10-14). To receive your ERC-1155 prize, you will need the Enjin Wallet app, which you can download for free from the App Store or Google Play,” the company explains.

To find out how to participate, please follow this link.

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