Binance NFT to Adjust NFT Minting Rules

Binance NFT will be updating the NFT Minting Rules at 2023-01-20 23:59 (UTC). After the update, all verified users who have at least two followers on Binance NFT can mint up to five NFTs per day only.

In addition, Binance NFT periodically reviews listed NFT collections. If an NFT collection does not meet the standard the team expect, Binance NFT may conduct a more in-depth review and potentially take the NFT collection down from Binance NFT Marketplace.

The Binance NFT Marketplace announced that on February 2nd it will take down NFT collections that were minted and listed on the Binance NFT Marketplace before October 2nd, 2022, and have an average monthly transaction volume of less than $1,000 equivalent from November 1st to January 31st, 2023.

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