Refinable is Innovating to Receive Ecosystem Support From Binance’s MVB II NFT Program

Refinable, which describes itself as the “first major NFT marketplace on BSC” has joined the Most Valuable Builder (MVB) II program hosted by Binance. The MVB accelerator program is designed to offer support, funding, and exposure for projects building on Binance Smart Chain. Previously successful MVB participants such as PancakeBunny have gone on to have huge success within the BSC ecosystem.

‍A Platform for Success

Refinable is an NFT marketplace on BSC which enables creators and collectors to create, discover, trade, and leverage NFTs in an easily navigable environment. The ecosystem is supported by $FINE, a multi-purpose token for settling transactions and community voting, which also confers unique benefits such as discounted platform commissions and increased distribution and royalty limits.

Refinable’s acceptance into round two of the MVB should provide the company with an opportunity to scale to even greater heights. Winning the accelerator program would certainly define Refinable as an illustrious company. The first projects that won support from Binance were AutoFarm, PancakeBunny, and Beefy.finance. All three sites have gone on to achieve great success within the BSC ecosystem. The distinctive status as MVB winners helps to drive additional community interest and traffic their way. AutoFarm and Beefy.finance have since been listed on Binance.com, and PancakeBunny received $1.6 million in investment from Binance Labs. 

NFTs and DeFi for MVB

For this round of the MVB, Binance is focusing specifically on innovative NFT and DeFi projects. With the MVB round opening on May 1st and closing on July 22nd any interested parties can still apply for consideration. Further details on applying for the scheme can be found here.

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Growing NFT Options on BSC

Users keen on NFTs are increasingly well served on Binance Smart Chain. Major exchanges such as PancakeSwap and BakerySwap both have their own NFT marketplaces, with PancakeSwap focusing on rabbit-themed NFTs and BakerySwap including gamified elements. The addition of Refinable, which is solely focused on the sector and offers a custom-built dedicated NFT marketplace, means that the options available to NFT creators and collectors continue to improve.

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Concluding Thoughts

The admission of Refinable into MVB II is a fantastic opportunity for the upcoming NFT marketplace. While the competition within this sector is heating up, winning the support and approval of BSC would give the platform a significant boost.