During the creation of the platform Binance NFT head adapted this particular model

Helen Hai, who was present at the two-day Paris Blockchain Week Summit (PBWS), has discussed how the internet era, which is now considered web2, has opened a new path for web3. Web2 has been the major contributing factor to widening the scope of the digital economy among various age groups of people. 

In the June of last year, Binance launched its (NFT) nonfungible token marketplace in an attempt to capitalize on the jubilation around the digital and virtual collectibles while registering a total of 2.5 million NFTs and more than 1000 creators at the beginning of the year 2022.

The initial inspiration for the Binance NFT platform was initiated from the thought of protecting the artistic renaissance with the help of blockchain technology. After six months of its initiation, the platform has gained millions of users and has adapted the initial game offering (IGO) model solely for the gaming industry.

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