Binance Smart Chain (BSC) is tasting a new territory after $2.2 million (10,089.5 BNB) was seeded to finance the minting of Binance punks.
Binance punks
A new platform called Binance Punks is overseeing the development of the new NFT marketplace.“We are working had to get the marketplace front end ready asap,” tweeted Binance Punks.
According to its Twitter bio, Binance Punks was created to “give everyone on BSC a chance to be a part” of the growing NFT market.
The NFT marketplace has largely depended on the Ethereum blockchain.
Larva Labs, a team of two people who have been in the digital art market for a number of years, warned that Binance Punks is taking art from CryptoPunks and “selling it as a copy on another chain.”
Larva Labs’ warning will likely not deter Binance Punks from going ahead with its plans, which are new and unknown.
Binance Punks are entering into a growing space dominated by Ethereum.
However, the history of the crypto industry is filled with the introduction of new blockchains or protocols meant to compete against incumbent players.
Binance Smart Chain and Ethereum
The Ethereum blockchain has been the platform of choice for decentralized finance (DeFi) projects the same it was the big player in the 2017 ICO boom.Ethereum’s growth could also be its undoing as gas fees continue to soar high amid high usage on the network.
This presents an opportunity for competing for blockchains to grab a share of the market.
This presents an opportunity for Binance Punks to enter the NFT market. It will be an alternative to Ethereum, and counts on the fact that BSC is a well-known blockchain backed by Binance.
A growing NFT market and surging BNB price
Crypto Punks’s success could be buoyed by the recent growth of the NFT market as well as soaring BNB prices.The NFT market is worth over $100 million and punks are being sold for millions. The boom has come amid a cryptocurrency rally that seems to be slightly cooling off.
Binance Coin has been a major beneficiary of the current cycle after its price broke above $300 and stormed into the top 3 cryptocurrencies by market cap. It has shed around 30% of its value and is trading at $200 a coin.
Get winning crypto tips in 5 minutes a day
Login or upgrade to Cryptonary Pro
Pro
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
$799
For your security, all orders are processed on a secured server.
What’s included?
24/7 Access to Cryptonary's Research team who have over 50 years of combined experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily Market Updates that cover the real data that shape the market (Macro, Mechanics, On-chain)
Curated list of the most lucrative upcoming Airdrops (Free Money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
Recommended from Cryptonary
