BNB

BNB Chain Introduces zkBNB NFT Marketplace

by BSCN

April 9, 2023

The zkBNB NFT Marketplace aims to bridge the gap between Web2 scale and Web3 monetisation, unlocking true ownership for the next billion gamers.

BNB Chain's Layer 2 Scaling Solution

BNB Chain has launched the zkBNB NFT Marketplace on BNB Chain's Layer 2 scaling solution.

The marketplace aims to bridge the gap between Web2 scale and Web3 monetisation, unlocking true ownership for the next billion gamers. The zkBNB marketplace allows users to create collections, buy and sell NFTs, make offers, and create their own marketplace using the API.

With a one million-strong gaming community, NFT transactions are a popular use case among BNB Chain users. Moreover, the similarities between BNB Chain's and Ethereum's EVM should enable Ethereum zkEVM development teams to efficiently port their scaling solution to BNB Chain.

The move marks an important development in BNB Chain's progress.

Since its launch in September, zkBNB Testnet has garnered a lot of attention, with over ten projects exploring to deploy on it to increase scalability and improve dApp performance. With a whopping 5,000 TPS, it's paving the way for a smoother user experience and lower fees.

NFT-based games revolutionise the approach of the gaming industry, as the decentralised nature of the blockchain ensures no single entity controls the ownership or trade of in-game items, which greatly appeals to gamers. Web3-based games offer more than just unique ownership. Players can earn in-game currency through various activities, creating a deeper connection between the players and the game, enhancing the immersive experience.

The ultimate goal is to merge the scale of Web2 with the incentive alignment capabilities of Web3, granting the next billion gamers true ownership of their in-game assets. With the introduction of the zkBNB NFT Marketplace, BNB Chain is taking a step forward towards this goal.

What is BNB Chain:

Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.