What is meant by staking of NFTs?

Discussion of the NFT blockchain tenlogy
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James Anders
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Joined: 25 Mar 2022, 13:56

What is meant by staking of NFTs?

As the world advances, we notice the development of NFTs in various industries as well. The recent use case the developers have come up with is NFT staking. The term simply means to lock the NFT collection in the right pool and earn rewards from the staking platforms. This is a new way to generate revenue passively.
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