In the past two years, the NFT market has experienced explosive growth as well as the turbulence of the bear market. While many NFT projects have been on the brink of collapse, others have continued to grow steadily despite market volatility. The first quarter of 2023 has seen a strong rebound in the crypto market, and the NFT industry is gradually maturing through evolution. Despite challenges lying ahead, there are many high-quality NFT projects that have weathered the ups and downs. Babylons, an NFT platform, is one such project. In the bear market last year, Babylons continued to innovate its products and has introduced a series of new features and incentive systems. These efforts have paid off as Babylons has stood out from many NFT projects and attracted many users.
Babylons is a community-governed NFT ecosystem that offers users a variety of Web3 products and services. It is currently live on CoinEx Smart Chain (CSC). On Babylons, users can trade NFTs, launch their own projects, and manage their NFT collections. Babylons provides a range of services to help users earn rewards from NFTs, including List-to-Earn, Trade-to-Earn, and Referral-to-Earn programs.
NFT represents a new era of ownership and value exchange, empowering creators and collectors around the world to connect and transact in unprecedented ways. Babylons provides a seamless and intuitive experience from buying, selling to launching new projects, and managing NFTs, backed by secure and transparent blockchain technology. It is committed to fostering a vibrant and inclusive community of artists, collectors, and enthusiasts, and to supporting the growth and evolution of the NFT ecosystem.
2022 marks an important year for Babylons’ development roadmap. Last year, Babylons has completed a major upgrade and released new features, including a multi-chain platform as well as “Trade-to-Earn” and “List-to-Earn” mechanisms. Moreover, with a new commission structure that waives fees for buyers, Babylons aims to draw in more creators and provides more rewards for its users.
- A Multi-chain Platform
The multi-chain technology allows users to buy, sell, and mint NFTs on various major public chains through Babylons, including 39 public chains such as Ethereum, Avalanche, Polygon, CSC, and Arbitrum.
- Trade-to-Earn and List-to-Earn Mechanisms
Babylons has introduced “Trade-to-Earn” and “List-to-Earn” mechanisms. NFT traders on the platform can earn $BABI (platform governance token) as rewards based on their weekly trading volume and revenue from NFT listing.
How to Participate in Babylons?
1. Log in to the CSC ecosystem: https://www.coinex.org/dapp;
2. Click Babylons website to participate.
How Can Users Make Profits from Babylons?
- Create and sell NFTs: Users can earn profits by minting and selling NFTs;
- List to earn: Users can list the NFTs they have to earn $BABI;
- Trade to earn: Users can receive $BABI rewards based on their weekly NFT trading volume;
- Refer to earn: Users can also receive $BABI rewards for referring friends to Babylons with their referral code.
Users can receive $BABI as passive income for trading, referral, and other behaviors on Babylons. All platform fees will be returned to them through Babylons’ Trade-to-Earn and Referral-to-Earn programs.
For more details about Babylons, follow the official Twitter account of CSC @CoinEx_CSC
Babylons is committed to building a strong and vibrant community and will continue to optimize itself to create new revenue streams for users. In 2023, this project plans to continue giving back to the NFT community by collaborating with creators to identify their needs and launching the Mint Launchpad to better support creators. Additionally, Babylons is introducing a new user-friendly interface and expanding the community by releasing free minting on multiple chains. In the future, with the continued adoption of cryptos and the growing popularity of NFTs, Babylons will enhance user loyalty through a multi-chain NFT marketplace and continuously innovate product features to drive innovation and growth in the NFT market.