Binance Labs-Backed NFKings Set to Launch Revolutionary Non-Fungible RWA Protocol Ecosystem

NFKings, a pioneering Web3 startup supported by Binance Labs and other leading investors, is gearing up to unveil its groundbreaking protocol, ONA, following three years of meticulous development. Founded in 2021 by Matthew Lim and Mario Ho, NFKings is on a mission to seamlessly integrate Web2 and Web3 infrastructures, facilitating effortless interactions between the digital and physical realms. The protocol’s innovative framework is built on three foundational pillars, including Proof of Contribution and Non-Fungible Real-World Assets (RWA), marking a significant leap forward in the blockchain space. This launch is poised to redefine the boundaries of digital and physical asset interoperability, offering unprecedented opportunities for investors and developers alike.

Binance Labs-Backed Web3 Startup NFKings to Launch Non-Fungible RWA Protocol Ecosystem

NFKings, a Web3 startup backed by Binance Labs and other prominent investors, is set to launch its proprietary protocol ONA after three years of development. Founded in 2021 by Matthew Lim and Mario Ho, the company aims to bridge Web2 and Web3 through infrastructure enabling seamless interaction between digital and physical worlds.

The protocol’s three Core pillars include Proof of Contribution, a Non-Fungible RWA (Real World Asset) Protocol, and a social commerce metaverse called The Boxx. Jackson Wang, an existing investor, joined in 2023 to lead creative and product development for The Boxx.

With over 600 million wallet addresses holding $3 trillion in assets, NFKings addresses the critical lack of user behavior data in blockchain ecosystems. The ONA protocol seeks to create value across both Web2 and Web3 environments while solving key infrastructure challenges.

BNB Price Prediction: $800 Target by Year-End as Binance Ecosystem Expands

BNB’s bullish trajectory gains credibility as technical patterns and ecosystem developments converge. The token’s triple-bottom reversal at $510 and subsequent breakout above $645 suggest sustained upward momentum. A golden cross formation—where the 50-day moving average overtakes the 200-day—adds weight to the long-term thesis.

Binance’s global expansion continues to drive utility for BNB, with recent infrastructure upgrades like the Maxwell hard fork reducing block times to 0.75 seconds. Scalability improvements position the chain for heightened adoption, though immediate resistance looms at $690. A decisive breach could open the path toward $800 by December.