Overview
Krown Labs pioneered NFT staking with a utility token system in 2022, enabling NFT holders to earn rewards. The platform is now extending this service to other creators and projects.How NFT Staking Works
1. Stake Your NFT
Users lock eligible NFTs into the staking platform while retaining ownership, activating earning potential.2. Earn Utility Tokens
Staked NFTs generate utility tokens over time. These tokens unlock ecosystem benefits including:- Minting limited-edition NFTs from curated projects
- Early access to new collections and features
- Additional unique utilities from Krown Labs
3. Access Exclusive Projects
Earned tokens empower users to participate in creating new projects, providing tangible value to both tokens and the staking mechanism.NFT Staking as a Service
Krown Labs offers this staking mechanism to other creators and projects, enabling:- Collection Owners: Introduce staking for their NFTs with community value and engagement
- Broader Ecosystem Growth: Integrate utility tokens into projects, fostering interconnected blockchain ecosystems
Benefits of Staking
Passive Earnings
Passive Earnings
Generate utility tokens simply by staking your NFTs
Enhanced Utility
Enhanced Utility
Use tokens for minting and accessing premium features
Community Engagement
Community Engagement
Deepens user involvement and builds loyalty within the ecosystem
Future Enhancements
The platform plans continuous improvements including:- New integrations with partner projects
- Diverse earning mechanisms
- Enhanced user interfaces
- Expanded utility options