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Binance Marketplace to Host NFT Collection by The Associated Press

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by Sanaa Sharma · 2 min read
Binance Marketplace to Host NFT Collection by The Associated Press
Photo: Depositphotos

The Non-Fungible tokens are made accessible to the public in a form of mystery boxes, each valued at 29 BUSD.

American non-profit news agency The Associated Press has announced a roll-out of Non-Fungible Tokens collectibles on the newly launched digital Binance marketplace.

According to the Binance press release, the collection, which is called “Unique Moments”, presents digitized versions of photos and news wires on the Associated Press’s reports on some of the most significant moments of the previous century. Some of the glimpses of the collections include Japan’s World War II surrender, Nelson Mandela’s inauguration, and the discovery of the dwarf planet, Pluto.

The New York-based press which was established in 1846, put an end to the speculations by confirming the same in a tweet on Thursday. However, the news company hasn’t been available for any further comments as of now. 

 The Non-Fungible tokens are made accessible to the public in a form of mystery boxes, each valued at 29 Binance’s stablecoins (BUSD). The four distinct types of rarity are normal, rare, super rare, and super super rare. That is not all. If a buyer purchases a normal, a rare, and a super rare NFT from the marketplace, and also doest trade them off until 11:59 PM UTC on October 25th, they can get a chance to win another NFT that is a symbol for the AP’s reach into the world. 

The collection is all set to drop at noon UTC on Thursday, with a provision for each Binance customer being allowed to purchase up to 25 boxes. The thrilling collection is designed and put together by Metalist Lab, an Australian NFT publisher that has also collaborated with Chinese gaming giant NetEase. While this is true, Metalist Lab had already announced the launch of the NFT drop on October 8th. 

Earlier this year in March, The Associated Press had sold a Non-Fungible Token artwork for approximately $180,000 in Ether. Many other news agencies like The New York Times and The New Yorker have also previously been involved in the sale of digitized tokens through Blockchain Technology. 

Altcoin News, Blockchain News, Cryptocurrency news, News
Sanaa Sharma
Author Sanaa Sharma

Sanaa is a chemistry major and a Blockchain enthusiast. As a science student, her research skills enable her to understand the intricacies of Financial Markets. She believes that Blockchain technology has the potential to revolutionize every industry in the world.

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