What are the NFT Mystery Boxes?
People of all ages will always have the same feeling all over again just by seeing a vending machine where there are a lot of trapped goodies. As simple as getting your desired prize triggers that giddy feeling. But is this going to have the same effect when we apply this experience or feeling to a non-fungible token (NFT)?
Some companies and brands collaborate with some major NFT curators such as Binance to produce NFT Mystery NFT Boxes that might have NFTs that can be both rare and valuable. The price of each box will stay the same unless it is going to be placed in a bid. In bidding of course, bidders are expected to raise the price in order for them to get the said mystery box from the auction.
Owners will have an option of selling the unopened mystery box to sell it to the market or to just simply open it to be added to their collection.
Let’s say for example, last January Mobile Legends: Bang bang launched their NFT launch with Binance NFT and as expected the mystery boxes were sold out in minutes. The collection has 25,000 mystery boxes and each owner was able to only acquire 10 boxes each.
Furthermore, NFT Mystery Boxes can be a bit risky but who doesn’t want the thrill of minting one?