Binance NFT Announces Initial Game Offering

Binance NFT launches an Initial Game Offering (IGO) with DeRace as the first partner.

The Binance NFT marketplace has announced the launch of an Initial Game Offering (IGO) as part of an initiative to create a launchpad for NFT games and gamers. ForkLog was told by platform representatives.

The IGO will enable investment in early-stage gaming projects. As part of the IGO, NFT collections from leading projects will be presented, available exclusively on the Binance marketplace. They will include various in-game items, including weapons, skins, and more.

The first IGO will be organized by DeRace — a virtual universe of NFT horse racing, where participants can breed horses with unique characteristics, race them, and earn profits.

Under the IGO, the project will introduce 10 types of tokens featuring different horses. The launch is scheduled for October 26.

Earlier, Binance launched the NFT platform in June.

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