It was just a matter of time, but that time has arrived as we're now seeing NFT platforms and marketplaces emerge on the Binance Smart Chain.
I mistakenly mentioned that I didn't think NFT's existed on BSC but I was wrong. In the back of my mind I had a feeling there likely a project out there I was unaware of, turns out there is.
https://app.airnfts.com/
Airnfts is the NFT marketplace built on Binance Smart Chain focusing highly on user experience and ease of use to Create, Buy, Sell and use NFTs.
The UI is simple and easy to navigate, it's really a stripped down bare bones NFT creation platform. They key here is ease of use, and yeah low fee's solves another problem that most NFT platforms users are faced with.
Low fee NFT platforms exist on Ethereum, and I think Opensea is a great example of this and how they use the ERC 1155 token to allow low cost minting.
Users of that platform are required to pay an initial fee to "initiate" their account, but once this is done NFT's can be minted free of charge by allowing the purchaser to pay the minting fee. The fee varies depending on gas fee's but it typically in the area of $60.
It Was Just A Matter Of Time
It was only a matter of time before NFT platforms emerge built on top of the BSC.
With millions of users and a BNB market cap of $87B, in addition to low transaction costs, I have no doubt that NFT's will be a massive hit for the chain.
Marketplace Governance
Yes Airnfts.com has a governance token in their AIRT token.
The end goal of AIRT is to make sure our most active marketplace users are rewarded and ultimately have a word to say in the governance and roadmap of the platform.
Always Great to see web 3.0 marketplaces empowering it's most active participants with rewards and an opportunity to influence the future direction and development of the business.
How to Create, Sell and Buy NFT? (AirNFTs BSC Marketplace)
Here's a quick explainer video I found for the marketplace, and it does mention that buyers and sellers split the AIRT rewards. Sellers earn BNB for their creations and all participants are rewarded with AIRT tokens!