Warhol and Dali feature in Binance NFT marketplace launch

Today’s Binance NFT launch will include the “Genesis” collection auction and the release of the first mystery boxes

Today marks the launch of the Binance NFT marketplace, which aims to be the leading destination for non-fungible tokens (NFTs) and digital collectibles. The global marketplace will connect creators, artists and crypto enthusiasts, providing a platform for interacting with NFTs in multiple media, including visual arts, music, sports and gaming.

Binance CEO, Changpeng Zhao, commented, “Binance serves millions of users around the world, many of whom will now be able to access the booming NFT space. In line with our commitment to the freedom of money globally and building an inclusive ecosystem, the Binance NFT marketplace will also support small value creators by providing the highest liquidity and cheapest fees for users.”

Today’s launch will include the auction of the “Genesis” collection, featuring works by Salvador Dali and Andy Warhol – two people who brought innovation to the art world, just as NFTs are revolutionising art again today.

Divine Comedy: rebeget by Dali and Three Self-Portraits by Warhol will be sold in NFT form during the five-day auction for the Genesis collection which starts at 5pm BST today. The winner of the Warhol NFT will also receive a physical version of the artwork, while the Dali NFT will include blockchain features, such as the Binance logo, the Bitcoin symbol and the signature of Binance Founder Changpeng Zhao.

Also launching is Binance NFT’s “mystery boxes” series, which will become available at 3am BST on 25 June. This is intended to provide an enjoyable way for users to unlock special NFTs to add to their collection.

The first mystery box will feature Japanese-inspired lifestyle brand tokidoki, created by Italian artist Simone Legno. The release of the first mystery box will be exclusively facilitated through Binance NFT and NFKings, and the collection will feature 16 tokidoki character collectibles, including three special Binance characters.

Binance NFT plans to put creators first by charging just 1% as a nominal processing fee and providing artists with ongoing royalty payments of 1% on each subsequent trade.

NFTs can be listed for sale or auction on the trading market and some of the first artists to feature will be part of Binance NFT’s “100 Creators” initiative to spotlight diverse voices from around the world.