NFT Admin
Are you thinking about buying the unique NFT coins that exist primarily on blockchain and are unreplicable? The Non Fungible Token seems to be the best answer in that case.
NFTs have always been digital assets that replicate tangible items like real estate and pieces of art.
The best thing about investing in such virtual tokens is how much safer and easier it is to buy, sell, and trade them, which reduces the risk of fraud.
Table of Contents
- What are NFT Tokens?
- A Closer Look at the Best NFT Tokens to Buy in 2022
- What do We Believe?
- Conclusion
Investors are becoming more and more accustomed to NFTs. Additionally, these unique assets can only be bought and traded in the cyber world and have no physical counterpart.
What are NFT Tokens?
Any cryptocurrency tokens used to support the NFT ecosystems are called NFT coins. For instance, the blockchain-based online game Axie Infinity uses its currency, AXS, to enable voting and mining to maintain the play-to-earn environment.
As a result, AXS serves as the NFT token for Axie Infinity. NFT tokens like SLP, SAND, and AXS help autonomous apps with various essential functions, from voting to in-game money. NFT coins can be exchanged or invested like any other kind of money.
A Closer Look at the Best NFT Tokens to Buy in 2022
Due to their wide popularity and potential for value growth, the NFT token mentioned below is the best one to purchase. To help you better grasp why these NFTs are regarded as prize assets.
Have you ever wondered which NFT apps are the best for buying and selling NFTs securely and affordably? This article will teach you about the greatest NFT presales and other topics.
1. MANA – Decentraland (Best for Virtual Worlds)
Decentraland is a blockchain-based virtual space and community. On the platform, users can own and build LANDs, characters, wearables, and other NFTs.
It also allows Members to participate in the Decentralized Autonomous Platform Organization (DAO). Decentraland gives its participants the ability to participate in project governance. Decentraland’s in-game assets and native currency, MANA, are hosted on the ETH blockchain.
Key Statistics
- Market Valuation:: $2,586,214,654
- Market dilution: $3,113,504,999
- Circulation Supply : 1,844,099,005 MANA
- Volume cap: 0.09258
Features
- It is possible to acquire and develop non-fungible lands for rental or outright sale.
- Users can create and charge for virtual experiences for visitors.
- Major corporations are using Decentraland to access the Metaverse.
- You can host several activities on your private plots in Decentraland since it allows you to do so. Numerous well-known musicians have already begun performing at online venues.
2. SAND – The Sandbox (Best for voxel ASSETS and Gaming)
The Sandbox is a simulated Metaverse assembled on the Ethereum blockchain, which enables users to design, manage, and monetize their gaming experience.
The Sandbox platform is a collection of three interlinked technologies that work together to provide a comprehensive experience for creating user-generated content (UGC). Users will benefit from the integrated systems as they can secure copyright for their material through smart contracts on the blockchain.
In the Sandbox ecosystem, the SAND token is an ERC-20 utility token employed for value transfers, staking, and governance.
Key Statistics
- Market Valuation: $2,489,364,961
- Market dilution: $6,087,255,863
- Circulation Supply : 1,227,539,778 SAND
- Volume cap: 0.1419
Features
- The three main products are Game Maker, Sandbox Marketplace, and VoxEdit.
- VoxEdit enables users to create and modify 3D characters, wearables, weapons, and other items in the Metaverse.
- Players can sell their in-game goods on the Marketplace and NFT functions.
- Game Maker allows users to create 3D games without charge.
3. XTZ – Tezos (Best for Future Proof scalability)
Tezos is an open-source project that overcomes significant hurdles to blockchain adoption for digital goods and services, and it is supported by a worldwide community of auditors and researchers. Tezos is built by keeping open participation, cooperation, secured smart contracts, and long-term upgradeability.
It offers a more robust platform for dApp development. Tezos’ strength is its future-proof architecture, which easily allows for scalability.
Tezos is well-known for providing high-performance and low-cost transactions to users in the DeFi, NFT, and Metaverse ecosystems.
Tez (XTZ) is the Tezos blockchain’s native coin. It is used to engage with decentralized apps, pay fees, and as a governance token.
Key Statistics
- Market Valuation: $2,262,923,676
- Market dilution: $2,316,632,917
- Circulation Supply : 893,767,450.20 XTZ
- Volume cap: 0.04671
Features
- Provides users with high-performance and affordable transactions.
- It uses Proof of Stake, which is much more energy-efficient than Proof of Work.
- Users can mathematically verify smart contracts.
- Bought a revolution in the future of Web3
4. THETA Token – Theta Network
The Theta network operates in the same way that other blockchain systems do. By allowing users to share bandwidth via peer-to-peer (P2P) distribution technologies, the project is poised to change the video streaming and content delivery sectors.
End consumers pay for the widely scattered content delivery networks (CDNs) that offer video stream material. Due to geographical restrictions, existing CDNs cannot keep up with constantly higher quality streams.
Theta compensates its global user base for retransmitting videos by allowing people to contribute their unused bandwidth and computing power.
Key Statistics
- Market Valuation: $2,198,582,055
- Market Dilution: $2,198,582,055
- Circulation Supply : 1,000,000,000 THETA
- Volume cap: 0.09581
Features
- Greatly concerned with users’ experiences.
- It improves the video streaming experience for the end user.
- It is backed by some of the most prestigious tech companies.
- Open Source platform.
- On the platform, users can create decentralized applications.
5. AXS – Axie Infinity (Best Gaming Token)
Axie Infinity is a virtual world centered on Pokémon-like creatures known as Axis. Players can collect Axies as virtual pets to combat, mating, collect, grow, and establish kingdoms for their Axes.
Axie Infinity’s interface between regular internet gaming and blockchain sets it apart from other video games. The Ethereum-based game’s idea gives users control over their virtual assets and rewards those who advance to a higher level. An ERC 20 governance token for the Axie universe is called an Axie Infinity Shard.
Key Statistics
- Market Valuation: $1,649,871,354,163
- Market Dilution: $7,683,986,533
- Circulation Supply : 60,907,500.00 AXS
- Volume Cap: 0.1464
Features
- While enjoying the game, players can develop things on the platform and sell them as NFTs.
- You can use the experience points obtained through the game’s stages to upgrade the products and services.
What do We Believe?
Investors who want to diversify their holdings by investing in cryptocurrencies or NFTs should understand their differences and know that both are essentially in their infancy stages. Digital financial assets are only now beginning to receive more attention from people.
Both have limited pricing info, no assurance that they will have a future market, and no recognized underlying intrinsic value. They must therefore be viewed as speculative investments, the value of which will be determined by their continued appeal to potential investors.
But as time goes on, web 3.0 and the metaverse are becoming more popular. The probability of digital assets going out of style is pretty low. You might start by investing the amount you’re willing to lose if things don’t work out.
Today, you may purchase your digital assets on several marketplaces. For NFTs, you can choose OpenSea and Raible, and for cryptocurrencies, Binance.
Conclusion
In conclusion, this guide has covered all the top collections of NFT tokens, How they are best to buy, and how to make your NFT investment right now. There has never been a better moment to invest and take advantage of this potentially lucrative trend with the more and more well-known names becoming involved in the NFT industry.
