Hot Cross and Babylons Form Official Partnership to Bring Community NFT Creators to Binance Smart Chain

Incentivization, Community, and Bringing Power to NFT Creators on BSC

Hot Cross is happy to announce that we have formed an official partnership with Babylonsβ€”a community-owned NFT marketplace on Binance Smart Chainβ€”to further boost awareness about non-fungible and semi-fungible tokens on BSC, to introduce an additional view pathway into Cross Mint, and to allow Cross Mint users to easily buy and sell their creations.

🀝 This partnership was formed due to Babylons exceptional handling of the following aspects of NFTs on Binance Smart Chain:

  • When a user goes to Cross Mint and mints her first NFT, we have found that Babylons rapidly displays these NFTs to users when they click over to view their profiles. This raises confidence, makes the experience of using Cross Mint + Babylons feel seamless, and leaves people wanting more;

  • The Babylons team themselves have proven to be some of our strongest allies during the process of integrating their β€œview link” into Cross Mint. Their openness to feedback, suggestions, and requests for NFT features is super-professional;

  • There is a weekly reward mechanism for active users. Each week, 227,500 BABI tokens are distributed to active users according to their share in the weekly total volume. Both buyers and sellers are eligible;

  • And Babylons has a DAO governance model powered by the BABI token that the NFT space on BSC can benefit from. Naturally, this means that they will be offering invaluable advice to Hot Cross as we also begin to introduce the concept of incentivization and governance into HOTCROSS and Cross Mint itself.

Babylons is further proof to us that the pie is growing and that together is better when it comes to expanding the NFT ecosystem together. Their focus on a single chain (for now) with a hyper-focus on the community is what fits perfectly into our ethos at Hot Cross about building tools for blockchain teams and their communities.

To view our genesis mints on BSC on Babylons, take a look here:

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About Babylons

Babylons is a next-generation NFT marketplace with low-cost minting, weekly rewards, and DAO governance that puts the power in the hands of the community.

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About Hot Cross

Hot Cross is an extensive multi-chain and cross-chain tool suite that enables blockchain teams and their communities to thrive. At its core, Hot Cross aims to be the best toolbox for ETH and EVM networks. Their development philosophy is agile, and they are a cohort of builders who aggressively seek out opportunities to meet the demands of the now for both B2B and B2C. The core thesis that Hot Cross presents is that users and teams will migrate in part to new networks that feel familiar when presented with sufficient tooling and freedom. While Hot Cross is a company and an ecosystem in and of itself, our goals are towards allowing niche communities to flourish using our technologies, whether or not they know we are the ones building them.

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