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5 Best NFT Staking Projects To Explore This Weekend

source-logo  coingape.com 11 February 2023 13:55, UTC

As the NFT market expands, creators and developers are looking for new applications for non-fungible tokens. One of the most recent NFT applications is to stake these tokens to generate passive income. NFT staking is the process of securing NFTs on a platform or protocol in order to gain rewards and other benefits. This enables owners of NFTs to utilize their idle assets without having to sell them. To stake an NFT, all users need is a Web3 wallet; the process is the same as for cryptocurrency.

coingape.com