Binance NFT marketplace launches The Sandbox staking initiative

The firm has ventured further into NFT staking by supporting the $Sand token.

Binance NFT marketplace has launched The Sandbox NFT staking program, enabling users to stake $Sand tokens to earn exclusive digital collectible rewards.

By incentivizing users’ involvement with NFTs, the staking program aims to promote the growth of The Sandbox platform alongside driving user engagement, adding value to the $Sand token and bringing forward further attention to the NFT community.

Depending on the user’s commitment period, the staking program ranges between 15 and 60 days and users can earn limited-edition digital collectibles from the 2D mobile game.

Such collectibles can either be used within The Sandbox metaverse or traded on the Binance NFT marketplace.

The Sandbox is built on the Ethereum blockchain and players can own, create and profit from their personalized gaming experiences.

The launch of The Sandbox’s new staking program on the Binance NFT marketplace signals an expansion of interest in digital collectibles throughout the online virtual gaming world.

Initiatives such as staking programs are expected to play a pivotal role in the evolution of the blockchain gaming industry, one that creates further opportunities for integration into the NFT and crypto sectors.

Additional updates on the program will be announced on social media outlets Discord, Twitter, Telegram and Binance’s NFT Instagram.

Looking for your next crypto casino? Check out: Mega Dice or FortuneJack

Written by Isabella Aslam

Reporter

Isabella is an experienced writer in B2B and B2C journalism. Alongside crypto, Isabella writes and discusses the topics of relationships and psychology. Isabella holds a first-class degree in music journalism and often interviews electronic artists and DJs.

Similar News