What is an NFT project?
NFT stands for a non-fungible token, or in different words, behind these items of art are distinctive and non-interchangeable units of information that are held on a digital ledger. These are steam-powered by blockchain technology to ascertain proof of possession.
NFTs are unique digital assets created on the blockchain. They can be everything from gaming items and digital art, to sports collectibles and real-world assets.
What is NFT in Crypto?
NFT is usually engineered with programming the same as cryptocurrencies, like Bitcoin or Ethereum, however, that is wherever the similarity ends. Physical money and cryptocurrencies are “fungible,” which means they will be listed or changed for each other.
What coins are NFT?
Not to be confused with NFTs themselves, NFT coins area unit any cryptocurrency coins accustomed support NFTs ecosystems.
A few of the top NFT projects for 2022 are as follows-
1- Flow (FLOW)–
A powerful tool for developers to make empowering experiences for users. each side of the platform was designed from the bottom up to support exceptional experiences at a thought scale.
Originally formed by the team behind CryptoKitties, Flow nowadays may be a decentralized network supported and designed by a growing community of brands and Web3 builders. It is a blockchain network that aims to be fast, secure, and developer friendly.
The idea for a replacement blockchain targeting games and social networks was planned when Ethereum faced giant quantifiability problems as seen with the high group action fees throughout the CryptoKitties hype. The Flow team deduced shards and sidechains weren’t future solutions for apps that try for performance.
Investors include large backers such as Andreessen Horowitz, Warner Music Group, Union Square Ventures, Digital Currency Group, and more.
FLOW token is the native currency for the network. All applications and network transactions within the blockchain would require the FLOW currency. The token is additionally utilized by validators, developers, and users to participate within the FLOW network and earn rewards. it’s conjointly used for fees and to participate in future protocol governance.
From where you can purchase Flow?
10- KUCOIN and many more
Popular trading pairs for Flow in the market include FLOW/USD, FLOW/CAD, FLOW/AUD, FLOW/GBP, FLOW/INR, and FLOW/PHP.
What is the future of FLOW as of Sept 2022?
2- ApeCoin (APE)–
Culture has found new expression in web3 through art, gaming, recreation, and events. the probabilities for blockchain’s impact on culture area unit therefore endless that they can’t probably all be foreseen, however. APE may be a token created to support what’s next, controlled, and designed by the community. it’ll function as a redistributed protocol layer for community-led initiatives that drive culture forward into the metaverse.
From where you can purchase ApeCoin?
1- WOO Network
3- Bitget and many more
Popular trading pairs for ApeCoin in the market include APE/USD, APE/CAD, APE/AUD, APE/GBP, APE/INR, and APE/PHP.
What is the future of ApeCoin?
The first fully decentralized world, Decentraland is controlled via the DAO, which owns the most important smart contracts and assets of Decentraland. Via the DAO, you decide and vote on how the world works.
Decentraland may be a decentralized VR (virtual reality) world that’s hopped up by the Ethereum blockchain. during this virtual world, you’ll be able to purchase land, build it, monetize, and immerse into the applications and content that are engineered by different users. What distinguishes Decentraland from different VR comes is its decentralized nature.
Land and in-game currency are hopped up by the Ethereum blockchain which offers users complete possession and promotes transparency.
What is MANA?
MANA refers to the native currency in Decentraland. it’s an associate degree ERC-20 token by the Ethereum blockchain. Users will presently use MANA to buy LAND and additionally buy merchandise and services in Decentraland. MANA token is purchased from numerous centralized exchanges, suburbanized exchanges, and swap services.
What is LAND?
The thought of LAND in Decentraland refers to a parcel of land within the 3D virtual world. LAND could be a non-fundigble token (NFT) powered by the Ethereum blockchain. Users have the chance to for good own any LAND they purchase because the land titles are all traceable through the blockchain. they’d then have total management on any 3D scenes they’d prefer to build upon the LAND. Individual parcels of land are combined into estates to create larger plots of land. you will purchase LAND from secondary markets like the Marketplace or OpenSea.
What is the future of Decentraland (MANA)?
From where you can purchase Decentraland (MANA)?
3- WOO Network
Popular trading pairs for Decentraland in the market include MANA/USD, MANA/CAD, MANA/AUD, MANA/GBP, MANA/INR, and MANA/PHP.
The Sandbox is a community-driven platform where creators can monetize voxel ASSETS and gaming experiences on the blockchain.
The sandbox may be a decentralized community-owned virtual world. Creators will host custom games and events in the virtual world. Analysts prefer to compare Sandbox with Roblox because of their similarity in ideas. but the key distinction with Sandbox is that players have true possession of the virtual world assets within the kind of NFTs. By doing, therefore, LAND owners will host contests and events, stake SAND to earn and customize assets, legitimize assets and experiences, choose the metaverse governance, play games, and more.
What is the future of The Sandbox (SAND)?
From where you can purchase The Sandbox (SAND)?
To exchange The Sandbox (SAND)
Popular trading pairs for The Sandbox in the market include SAND/USD, SAND/CAD, SAND/AUD, SAND/GBP, SAND/INR, and SAND/PHP.
5- Axie Infinity (AXS)
AXS is the governance token for the Axie Infinity game. Token holders will be able to shape and vote for the direction of the game universe. This is unlike traditional games where all decisions are made by the game developers. AXS holders will be able to stake their tokens to earn more AXS and even vote for governance proposals.
The other token in the Axie universe is Smooth Love Potion (SLP). SLP is used for breeding and can be earned by winning battles and adventures in the game. It is not a governance token, therefore it is not used for voting.
What is the future of Axie Infinity (AXS)?
From where you can purchase Axie Infinity (AXS)?
3- MEXC Global
Popular trading pairs for Axie Infinity in the market include AXS/USD, AXS/CAD, AXS/AUD, AXS/GBP, AXS/INR, and AXS/PHP.
Theta Network (THETA) is a Web3 Blockchain infrastructure for video, media, and entertainment.
The Theta Labs team is made up of experienced technologists and media executives, with previous roles held at Netflix, Amazon, Samsung, Vimeo, and Salesforce. Theta Labs’ unique combination of blockchain expertise and video and entertainment experience is the key to driving Theta to be the leading blockchain for media and entertainment.
It is led by CEO Mitch Liu, cofounder of Gameview Studios (acquired by DeNA) and Tapjoy (acquired by ironSource), and CTO Jieyi Long, the co-founder of MadSkill Game Studios, collectively holding over a dozen patents in blockchain, video, streaming, VR and NFTs.
What is the future of Theta Network (THETA)?
From where you can purchase Theta Network (THETA)?
Popular trading pairs for Theta Network in the market include THETA/USD, THETA/CAD, THETA/AUD, THETA/GBP, THETA/INR, and THETA/PHP.
7- Chiliz (CHZ)
The world’s leading blockchain fintech provider for sports & entertainment
Chiliz developed the Socios.com sports fan engagement platform which is built on the Chiliz blockchain infrastructure & uses $CHZ as its exclusive on-platform currency.
The chiliz token (CHZ) is the native cryptocurrency of the Chiliz network permitting users to buy Fan Tokens on Socios.com. The token the start launched as an associate degree Ethereum-based ERC-20 token, however, it conjointly began giving Binance smart Chain BEP-2 versions of the token following a strategic partnership with Binance.
What is the future of Chiliz (CHZ)?
From where you can purchase Chiliz (CHZ)?
Popular trading pairs for Chiliz in the market include CHZ/USD, CHZ/CAD, CHZ/AUD, CHZ/GBP, CHZ/INR, and CHZ/PHP.
Enjin is meant to integrate with games—you will use Enjin Coin as a currency and use the Enjin wallet to shop for, sell, and trade NFTs. for instance, MMORPG players might get the associate item in Enjin usable across multiple games and simply tradeable or sellable in a web marketplace.
According to the Enjin coin worth prediction by DigitalCoinPrice, the typical ENJ worth is going to be at US$ 0.89 in 2025 and is foretold to drop to US$ 0.81 in 2026. By 2027, the typical worth is going to be at US$ 1.13 and rise to US$ 2.10 in 2030.
the Enjin platform and marketplace are rising collectively as the most effective choices to get and change NFTs, with Enjin’s computer code development kits (SDKs) sanctioning the creation and integration of digital assets into games and apps with ease.
What is the future of the Enjin coin?
From where you can purchase Enjin coin?
Popular trading pairs for Enjin Coin in the market include ENJ/USD, ENJ/CAD, ENJ/AUD, ENJ/GBP, ENJ/INR, and ENJ/PHP.
These are a few of the most traded NFTs available. The NFT space is highly opportune and rich for the taking, and people only need to take the first step to start trading, investing, creating, and taking advantage of the platform’s use cases.
For more such blogs on NFT and P2E gaming keep following Digital Gurukul.