](https://www.coinbase.com/price/new-year-token)

What Is New Year Token (NYT)?

New Year Token (NYT) is a project that guides users for carnivals and festival moods. According to the whitepaper, the project is based on the New Year celebration themes and everything related to the festival. The protocol highlights the New Year and Merry Christmas and employs a few standards and famous symbols of the winter celebrations worldwide. The project lets users unbox special New Year magic boxes that hold many non-fungible token (NFT) cards. Later, the NFT cards can be utilized for staking to get part of the NFT rewards pool. The New Year Token platform aims to create a celebration of New Year for everyone and provide an opportunity to feel winter magic.

NYT is a native token of the New Year token platform. The token is powered by Binance Smart Chain (BSC). The New Year Token project users can effortlessly purchase NYT tokens by holding BEP-20 in their wallets. BEP-20 is a standard token on the BSC blockchain. The NYT cryptocurrency concentrates on genuine service of NFT and New Year symbols. The NYT is a primary token of the New Year Token ecosystem where liquidity is locked for more than one year. Token holders can utilize NYT to unbox magic boxes and get NFTs. Moreover, those NFT cards can be used for additional features in the ecosystem. 

History of New Year Token (NYT)

The New Year Token team includes professional and highly skilled experts. Currently, the platform's team is anonymous by choice. As per the document, the team includes: 

● Owner/CEO

● Web-designer

● Developer

● Illustrator

● Community manager

● 2D/3D animator

Everyone on the team has immense knowledge and experience in their respective fields. The total supply is 1,000,000,000 NYT tokens.