Binance NFT Market has launched an NFT subscription mechanism. It claims to be a new feature that allows NFTs to be launched fairly. This way, everyone has an equal opportunity to purchase newly released NFTs in its market. Users who participate in the sale of the NFT subscription mechanism need to follow a process consisting of four stages:
preparation, subscription, calculation, and distribution.
In the subscription phase, qualified participants will get participation tickets. The NFT creator then sets the purchase limit for each user. The number of tickets received by the user will be the maximum number of NFTs that can be purchased. In the calculation phase, the system is randomly selected. The winning participation ticket can be selected from all subscribers. The selected participants will be able to successfully purchase NFT.
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