{"id":431262,"date":"2022-04-14T00:20:00","date_gmt":"2022-04-13T21:20:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/binances-nft-head-adopted-this-implementation-model-during-the-platforms-creation\/"},"modified":"2022-04-14T00:20:00","modified_gmt":"2022-04-13T21:20:00","slug":"binances-nft-head-adopted-this-implementation-model-during-the-platforms-creation","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/binances-nft-head-adopted-this-implementation-model-during-the-platforms-creation\/","title":{"rendered":"# Binance&#8217;s NFT head adopted this implementation model during the platform\u2019s creation"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a29da2195062\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a29da2195062\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/binances-nft-head-adopted-this-implementation-model-during-the-platforms-creation\/#%E2%80%9D_Binances_NFT_head_adopted_this_implementation_model_during_the_platforms_creation_%E2%80%9C\" >&#8221; Binance&#8217;s NFT head adopted this implementation model during the platform\u2019s creation &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Binances_NFT_head_adopted_this_implementation_model_during_the_platforms_creation_%E2%80%9C\"><\/span>&#8221; Binance&#8217;s NFT head adopted this implementation model during the platform\u2019s creation &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvNTBkNmEyZDQtYjhjYi00ZTk4LTk2MjctYjc3MTVjMDVhYmI2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>Attending and reporting from the two-day Paris Blockchain Week Summit (PBWS), Cointelegraph\u2019s managing editor, Alex Cohen sat down with Helen Hai, head of Binance&#8217;s NFT platform for a candid discussion on the early inspirations for their NFT platform, as well as her vision for regulatory communication, among other topics.<\/p>\n<p>Citing the methods in which the Asian economy capitalized on the growth potential within the second industrial revolution by driving job creation for the lower and middle classes, Hai stated that the internet era \u2014 typically referenced as Web2 \u2014 was a contributing factor for the widening of digital-economic disparities between various societal groups. <\/p>\n<p>During the interview, Hai spoke on how this imbalance could be re-established through the usage of Web3 technologies, as well as revealing insights into the early stages of Binance\u2019s NFT marketplace, the importance of cultivating reciprocal relationships with regulators in policy making, and the emphasis required on female leadership in the Web3 ecosystem.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/iamwill?ref_src=twsrc%5Etfw\">@iamwill<\/a> is joining <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/HelenHaiyu?ref_src=twsrc%5Etfw\">@HelenHaiyu<\/a> and Athena from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheBinanceNFT?ref_src=twsrc%5Etfw\">@TheBinanceNFT<\/a> for a fireside chat at Paris Blockchain Week to talk about NFTs, crypto, and how it&#8217;ll shape the future of the music industry!<\/p>\n<p>Watch on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> Live now \u2b07\ufe0f<\/p>\n<p>\u2014 Binance (@binance) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/binance\/status\/1513817333025882114?ref_src=twsrc%5Etfw\">April 12, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nBinance <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/blog\/all\/introducing-binance-nft-a-groundbreaking-nft-marketplace-launching-june-2021-421499824684901995\">launched<\/a> its nonfungible token (NFT) marketplace in June last year in an attempt to capitalize on the mainstream euphoria around digital collectibles, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/blog\/nft\/binance-nft-2021-our-milestones-and-what-awaits-in-2022-421499824684903248\">registering<\/a> 2.5 million NFTs and over 1,000 creators at the turn of 2022.<\/p>\n<p>Hai revealed that that platform\u2019s initial inspiration arose from the potential for an artistic renaissance with the support of blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>, speaking with pride on their optimistic values of idea creation and learn-as-you-go style deployment.<\/p>\n<p>\u201cFor us, it\u2019s very much 2% strategy and 98% implementation.\u201d Stating that founder and CEO, Changpeng Zhao, known as CZ, \u201c really empowers leaders, like myself. If I have a good idea, he says, Helen, why don\u2019t you just try it and you\u2019ll prove yourself.\u201d<\/p>\n<blockquote><p>&#8220;Six months down the line, we have accumulated millions of users, and have innovated the mystery box and the initial <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> offering (IGO) model for the gaming industry. We\u2019re still in the learning stage, but we\u2019re working with our users everyday on how we can help creators to get more connected with them.\u201d<\/p><\/blockquote>\n<p><strong><em>Related: Paris Blockchain Week, April 13: Latest updates from the Cointelegraph team on the ground<\/em><\/strong><\/p>\n<p>Sharing her expectations for the prospect of engaging in constructive, open dialogue with regulators in the crypto and NFT space, in addition to the possible hurdles of education literacy and governmental advocacy, Hai stated that she\u2019s \u201cvery positive\u201d, but that currently \u201cregulation is very much a one way thing\u201d, and should evolve into a \u201ctwo-way communication\u201d system.<\/p>\n<blockquote><p>\u201cWe need to get people in the crypto industry to find a good way to communicate everything we\u2019ve done well and the things we need to improve to the regulators, and the regulators should also learn what is h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ening, what is actually achieving values, and how they can use regulations to protect the users.\u201d<\/p><\/blockquote>\n<p>Hai was enthused by conversations with senior banking officials in Dubai who empathized with her concerns around the stringent financial limitations of banking transactions in comparison to the crypto industry. She mentioned that the growing trend of employments from the traditional finance and governmental office to crypto could help bridge the gap of understanding and foster greater <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/binance-s-nft-head-adopted-this-implementation-model-during-the-platform-s-creation\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Binance&#8217;s NFT head adopted this implementation model during the platform\u2019s creation &#8220; Attending and reporting from the two-day Paris Blockchain Week Summit (PBWS), Cointelegraph\u2019s managing editor, Alex Cohen sat down with Helen Hai, head of Binance&#8217;s NFT platform for a candid discussion on the early inspirations for their NFT platform, as well as her&#8230;<\/p>\n","protected":false},"author":1,"featured_media":431263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvNTBkNmEyZDQtYjhjYi00ZTk4LTk2MjctYjc3MTVjMDVhYmI2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75014,74894,76555,93542,74355,20671],"class_list":["post-431262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-binance","tag-blockchain","tag-conference","tag-web3","tag-adoption","tag-paris"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/431262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=431262"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/431262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/431263"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=431262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=431262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=431262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}