For Customers Log in
Contact Us

NFT Mystery Box Meaning

An NFT Mystery Box is a virtual container that holds a random NFT from a specific collection. It utilizes the "Gacha" mechanic popular in video games.

Users purchase the box for a fixed price without knowing which specific NFT is inside-it could be a common item worth very little, or a "Super Rare" item worth thousands of dollars. Once purchased, the user typically has to "Burn" (destroy) the mystery box token to "Reveal" the NFT inside.

This action triggers a smart contract function that uses a random number generator (often utilizing an oracle like Chainlink VRF for fairness) to determine which NFT is minted to the user's wallet. Mystery boxes are a powerful marketing tool for GameFi projects and digital collectible launches.

They drive sales through the psychology of gambling and the thrill of the unknown. However, they also attract scrutiny from regulators in some countries who classify "Loot Boxes" with unknown odds as a form of unregulated gambling.

← Back to Glossary

Explore our services
Providing liquidity in the cryptocurrency market?
Authorize on our platform and do it smarter with FM Pulse.
pic

FM Marketplace

A reliable and high-performance crypto liquidity marketplace for institutions and businesses.

Learn more
pic

FM White Label

Launch your fully branded B2B crypto trading platform in under one week.

Learn more
pic

FM Liquidity Match

Crypto OTC-as-a-Service infrastructure for enhanced monetization and trade control.

Learn more

Scale your business, leave the hard work of your trading needs to us

Reduce your integration costs and operational risk across multiple access points with our platform

Get started