NFTs are getting more costly, and not everyone can afford to buy them. To address this issue, BingX, a global digital asset, spot, and derivatives trading platform, is offering NFT crowdfunding.
The NFT crowdfunding project, which supports USDT/ETH pairings, will run for 14 days, with April 29th, 2022 as a start. During this period, the NFT will be divided into many shards, and users will be able to subscribe to a specific number of shards.
Investors can profit from the NFT’s later advantages, such as airdrops. If the crowdfunding effort is successful, they can also choose to sell the NFT shards to others.
“Summer is fast approaching so we wanted to give our users something fun to kick off the season with. High-quality or well-known NFTs are often very expensive, so it is difficult for ordinary investors to invest alone. This is one of the key reasons why we are providing users with a lowered barrier to entry through crowdfunding. By allowing users to divide an NFT into multiple fragments, they can raise funds to buy it together. In turn, this will help bring the crypto community much closer,” said Global Communications Director at BingX, Elvisco Carrington.