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Binance NFT Marketplace was built on Binance Smart Chain, Binance's blockchain; however, you can replicate it on any blockchain network that matches your business needs. Binance NFT is a sidechain that runs parallel to the Binance chain and assists in creating and operating non-fungible tokens. Binance has created a token standard – BEP-20 tokens – to construct the Binance non-fungible token. Artists, creators, and other mad digital artists can generate NFT on the Binance NFT marketplace.
How is Binance NFT Marketplace different?
There are currently many marketplaces where you may create your own NFTs. However, not every marketplace can draw on the size of Binance's current community.
Binance's NFT Marketplace makes use of the Binance ecosystem. The marketplace will feature user-generated content, but it will also feature works from well-known artists.