Refinable is an NFT (Non-Fungible Token) platform built on the Binance Smart Chain (BSC). It aims to provide users with an efficient, cost-effective way to create, trade, discover, and manage NFTs. Refinable distinguishes itself by offering a customizable NFT creation process and supporting multiple blockchain standards such as Ethereum's ERC-721 and ERC-1155.
Refinable operates as a multi-chain decentralized marketplace that facilitates NFT creation, discovery, exploration, and trading. It leverages the Binance Smart Chain to execute transactions with low fees and rapid processing times. The platform is designed to be accessible, offering a no-code decentralized peer-to-peer marketplace with community voting for governance. Refinable ensures transactions and processes are secure and decentralized using smart contracts.
Refinable is designed to cater to both consumer and enterprise NFT use cases. Its potential applications include:
It supports various industries such as digital art, collectibles, gaming, media, and entertainment. The platform has notable partnerships, including collaborations with Tooniplay for licensed NFTs and Cinchblock for blockchain marketing services.
Refinable was founded by a team with diverse backgrounds in e-commerce, software engineering, and blockchain technology. Key team members include Nicholas Chan, Maxim Geerinck, Jonas Snellinckx, Nick Au, and Albert Chan. Refinable has achieved several significant milestones, including raising $3 million in funding, partnering with Binance and Mr. Beast, and establishing itself as a major NFT hub on Binance Smart Chain. Over time, Refinable has evolved by introducing features such as smart contracts, compatibility with Ethereum token standards, and reducing transaction costs, making NFT transactions more accessible and efficient.