NFTs are digital or physical assets represented by tokens that function as smart contracts on a blockchain. They can be used to serve characters in video game universes, produce limited edition collectibles, and authenticate works of art.
The most well-liked NFTs of 2021 were digital art collections like Bored Ape Yacht Club and CryptoPunks, and metaverse games like Axie Infinity and Sandbox. For the most expensive NFTs, prices can range from a few dollars to millions of dollars.
One of the most entertaining cryptocurrencies to watch is Chiliz, a project focused on sports and entertainment. 2018 saw the launch of its digital token. One of the biggest sports organizations in the world collaborates with Socios, a platform for fan engagement. The proprietary exchange and the platform’s official cryptocurrency are both called Chiliz.
Chiliz is one of the most promising cryptocurrencies on the market thanks to this type of blockchain-based sports fan engagement. Chiliz has a market value of $717,288,895. In March 2021, the cost of a Chiliz token hit an all-time high of $0.89. Currently, it trades for $0.116872 USD with a $163,917,028 USD 24-hour trading volume.
In the virtual world known as The Sandbox, users can earn money by playing games. Using the Sandbox Game Maker, players can produce NFTs and incorporate them into games. Users can post them for trading on the Sandbox marketplace. In the Sandbox metaverse, SAND is a utility token based on Ethereum’s ERC-20 standard.
SAND has a market value of $696,383,376. Currently, it trades for $0.464420 with a $70,511,618 USD 24-hour trading volume. It is one of the best NFTs to purchase right now because it will grow in value.
Users can interact in the virtual world or metaverse is known as Decentraland using the internet, augmented reality, and virtual reality. In the Decentraland metaverse, land parcels are sold as NFTs that serve as ownership documents. Landowners can build hotels, casinos, concert venues, and other types of venues. The Decentraland MANA is an ERC-20 token built on Ethereum. It is used by holders to purchase real estate and other metaverse assets.
MANA has a market value of $607.240.415. Currently, it trades for $0.327338 with a $48,889,012 24-hour trading volume. MANA cryptocurrency can be bought on exchanges like Binance and Huobi Global.
Also Read: Top Meme Coins To Stay Away From In December 2022
XRP Lawsuit: What Could Be SEC’s Next Move If It Loses Summary Judgment? Attorney Suggests
Indian Crypto Exchanges CoinDCX And WazirX Proof Of Reserves Update
DAILY NEWSLETTER
Your daily dose of Crypto news, Prices & other updates..
