NFT’s are revolutionizing the world of digital art and collectibles since the birth of this year. Advent of NFT transformed the lives of digital artist’s remarkably by taking their artworks to crypto audiences directly with skipping traditional long term processes. Not only in digital art, the arena of NFT is also making a huge impact in real estate, gaming, music and much more by setting up its foot.
With its record breaking sales and astonishing growth in the market, it captivated the art enthusiasts, cryptocurrency investors and dragged them to buy NFT tokens. If you were one among them, then this article will be a vision for your investment in NFT token. You will discover the futuristic successful NFT token in this article. But before jumping into the list of NFT tokens, let us go through some of the basic stuff about NFT’s.
In simple terms, NFTs or Nun-Fungible tokens are crypto tokens which are used to signify the ownership of tangible or intangible(i.e physical or digital items) assets, by blockchain platforms. We can consider land deeds as an example for NFT, which determines the ownership of a land. Here in NFT, land paper deeds will be replaced by digital tokens.
These NFT tokens are next level concepts of cryptocurrencies. Today, financial systems are integrated with complex trading and lending processes for various categories like real estate, lending contracts, artwork etc. NFT looks best to redesign this infrastructure as it is a digital representation of physical assets.
Due to its value added benefits, demand for buying as well as NFT token development is also rising greatly.
Initially you would require a digital wallet in order to hold Non-fungible tokens and cryptocurrencies. Let me structurize the step by step procedure to buy NFT tokens. Explore it below
You can find several marketplaces to sell and buy Non-fungible tokens. Each marketplace requires different types of art or collectibles. Each marketplace works differently according to their protocols.
Some popular NFT marketplaces
Most of the NFT’s are Ethereum based tokens and also major marketplaces accept Eth tokens for payment but not all. According to your NFT provider, you need to buy cryptocurrencies like Ether, Kraken, eToro initially as everyone will not accept credit cards. So fund your account with the required cryptocurrency to buy tokens.
Once funding your account, it is an easy process to buy NFT. Some marketplaces function like exchanges and some function in auction format. In auction format, you would be required to submit a bid for the NFT that you aim to buy.
Theta is a decentralized video streaming network powered by blockchain technology that allows free and high bandwidth content delivery. It is actually a native blockchain that runs with open source protocol which enables the developers to build decentralized applications on top of the platform(like Ethereum) to allow music, TV/movies, education, enterprise, peer-to-peer streaming and more.
THETA is completely changing the way we interact and enjoy videos online and soon it will be considered as the YouTube of the decentralized era. Raise of THETA will probably increase the interest of investors in THETA token.
According to coinmarketcap, THETA’s
Market cap: $5,871,104,985
Volume (last 24 hours): $231,173,583
Circulating Supply: 1.00B THETA
Total Supply: 1,000,000,000
Chiliz is a fan interaction and reward blockchain network for sports and entertainment. The goal of Malta based blockchain platform Chiliz is to bridge the space between active and passive fans by providing Fan tokens to millions of sports fans. With its Socios.com, fans can sell and buy fan tokens to participate and for voting purposes in club–focused polls and surveys.
This Chilliz blockchain is powered with its CHZ native token. This token also recorded for its underperformance from $0.69 to $0.24. But Chiliz has a good future as several sports teams are looking forward to tokenizing their club valuables. Furthermore, blockchain technology and usage of tokens are booming everywhere and so buying CHZ will be a good choice.
According to coinmarketcap, Chiliz’s
Market cap: $1,514,167,822
Volume (last 24 hours): $130,596,570
Circulating Supply: 5.89B CHZ
Total Supply: 8,888,888,888
Decentraland is a virtual reality network in Ethereum blockchain which enables anyone to create anything in it, experience it and monetize it. Initially Decentraland collected $24 million initial coin offering(ICO) in 2007.
In Decentraland users can buy a piece of land with MANA(NFT crypt token) and also can develop & sell it to others with ease. Several investors turns into Decentraland because of its virtual real estate ideology. Moreover, Decentraland also allows the users to advertise on the platform.
Furthermore, users can also enjoy 3D scenes and play games on this network. Hopefully, Decentraland is a promising and emerging business concept as we can witness real estate tokenization ideas booming everywhere. So MANA can also be added in the best NFT to buy.
According to coinmarketcap, Decentraland’s
Market cap: $1,174,108,481
Volume (last 24 hours): $85,711,758
Circulating Supply: 1.69B MANA
Total Supply: 2,194,131,327
Tezos is a blockchain network based on smart contracts which functions similar to Ethereum . Tezos native token is XTZ which can be used by the users to vote for proposals and for paying fees in the platform. XTZ token’s market value was seized by the bears and got down to $2.14 from $8.42 which was in early May.
Price of XTZ token is still attempting to rebound and to enter into the market and also showing a result driven growth of 7% recently. XTZ looks like a promising project and so investors who look to buy cheap NFT tokens and sell it for a high price can go with XTZ.
According to coinmarketcap, Tezos’s
Market cap: $2,575,891,151
Volume (last 24 hours): $91,186,314
Circulating Supply: 854,759,230.60 XTZ
Total Supply: 884,703,168
Enjin provides a blockchain based gaming environment by interlinking the products with it. Enjin network itself is Enjin's flagship product which is a social gaming network that enables the users to develop websites, clans, interact and run virtual stores.
It allows the game producers to tokenize the gaming assets using Ethereum blockchain. It holds the digital assets created on its platform with ERC-20 token, Enjin Coin and enables the users to buy, sell and exchange these tokens with real world money.
According to coinmarketcap, Enjin Coin’s
Market cap: $1,146,531,140
Volume (last 24 hours): $123,473,757
Circulating Supply: 834,331,121.40 ENJ
Total Supply: 1,000,000,000
Well these are the popular tokes which are best to buy in 2021. But if you prefer to create your own NFT token, then get connected with Security tokenizer, a promising token development company furnish best-in-class NFT token development services in an innovative and unique methodology as per your business requirements.
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