Binance NFT, the non-fungible token project of crypto exchange Binance, has announced it will stop the staking program for NFT project The Sandbox on September 26.
In addition, the day after support ends, all locked LAND tokens will be automatically deactivated and returned to their owners within 24 hours.
In addition, the platform will also discontinue support for the Polygon network. Users must withdraw their NFTs on Binance's Polygon network by December 31.
Representatives of the trading platform have not informed about the reasons for suspending support for these two projects. However, they have promised to provide more detailed information later.
Binance bought virtual real estate in The Sandbox gaming space back in 2020, while Binance NFT added support for Polygon in March this year.