Are you considering buying the unique tokens that exist on the blockchain that no one can replicate? Well then, you should look forward to buying NFT henceforth. NFTs include digital assets that represent real-world items, including real estate and artwork. Hence, we’ve brought you the most popular NFT tokens in this article.
One interesting thing, about investing in these digital tokens is that buying, selling, or trading them has become seamless and safer. While also decreasing the possibilities of any kind of fraud.
Meanwhile, NFTs have consistently witnessed tremendous growth in popularity and numbers. They exist several NFTs tokens and platforms making investors ask about the best to invest in. Yes, these one-of-a-kind assets have no physical form thus, you can only trade them the same way we do crypto.
Therefore, we’ve provided you with a good list of the top and most popular NTF tokens to consider investing in this year. Ensure to carefully look through the list as you’d find good NTF tokens that will profit you.
You’d also love to learn How to Buy NFT Tokens: The Ultimate Guide
Top 15 Most Popular NFT Tokens
1. Flow (FLOW)
Flow is at the top of our list of the most popular NFT token this year. The NFT token is generated from Flow’s powerful tool. Developers use it to create empowering experiences for users. The major for developing every aspect of the Flow platform includes supporting exceptional experiences at a mainstream scale.
Furthermore, the team behind CryptoKitties originally conceived the idea of Flow. Meanwhile, today Flow has turned into a decentralized network supported and built by a thriving community of brands and Web3 builders.
2. Chiliz (CHZ)
Chiliz is a currency alternative for blockchain-backed products and services focused on mainstream consumers. The token platform strives to elevate everyday experiences of fan engagement in entertainment, alternative payment solutions for established products, and more.
Furthermore, Chiliz provides sports and entertainment bodies with blockchain-based tools to enable them to engage and monetize their audiences.
3. ApeCoin (APE)
APE is a token made to help what’s next, controlled and built on by, the community. It serves as a decentralized protocol layer for community-led initiatives driving culture forward into the metaverse. With APE, culture has found new representation in web3 through art, gaming, entertainment, and events. The chances for blockchain’s impact on culture have become so endless that no one can all predict it yet.
4. The Sandbox (SAND)
The Sandbox is a community-driven platform where inventors can monetize voxel ASSETS and gaming affairs on the blockchain.
Thus, SAND is the utility token utilized throughout the Sandbox ecosystem as the basis for transactions and interchanges. It is an ERC-20 utility token created on the Ethereum blockchain. SAND has a finite supply of 3,000,000,000 SAND.
5. Decentraland (MANA)
The Decentraland DAO owns the most important smart contracts and assets that makeup Decentraland. DAO is an acronym for “Decentralized Autonomous Organization”. Some of the assets they own include the LAND Contract, Content Servers, the Estates Contract, Wearables, and the Marketplace. It also owns a substantial purse of MANA which enables it to be truly autonomous as well as subsidize several operations and drives throughout Decentraland.
6. Tezos (XTZ)
The future of the internet platform is being created on Tezos with user participation and governance at its core. Users can directly and frictionlessly interface with each other over a decentralized network, exchanging value and interacting with several applications, without the need for mediators. On Tezos, Web3 can be a truly user-governed and user-centric activity, the way it was meant to be.
7. Theta Network (THETA)
Theta Network is a decentralized video delivery network offering a wide variety of blockchain-enabled solutions to the problems facing the conventional video-streaming sector.
Furthermore, Theta network platform offers high-quality video streaming at a less cost relative to conventional service providers. It also gives multiple incentive mechanisms for decentralized bandwidth and content-sharing.
8. Axie Infinity (AXZ)
Axie Infinity is an NFT-based online video game created by Vietnamese studio Sky Mavis, known for its in-game economy which utilizes Ethereum-based cryptocurrencies. Players of Axie Infinity receive and mint NFTs which signify axolotl-inspired digital pets known as Axies.
9. Wemix (WEMIX)
WEMIX serves as the tool of the trade for all activities on the platform. Users can exchange in-game tokens from several games to WEMIX and vice versa, as well as use them for buying in-game assets. It will also provide a way to crowdfund developers having their games reach the completion phase.
10. Enjin Coin (ENJ)
Enjin provides a suite of merged products that make NFTs easy for individuals, businesses, and developers. Hence, this NFT software helps developers in creating and manage virtual assets. The software employs blockchain technology for promoting the management of in-game items through various properties.
11. Immutable X (IMX)
Immutable X (IMX) is a blockchain platform that facilitates the creation of NFT projects for developers. The protocol strives to achieve security and scalability for the network without risking either of them.
Furthermore, Immutable X is a Layer 2 scaling solution created on the prime of the Ethereum blockchain. It was developed to provide near-instant verification and near-zero gas fees for NFT trading and minting.
12. Oasis Network (ROSE)
The Oasis Network is the dominating privacy-enabled and scalable layer-1 blockchain system to propel Web3 forward. Thus, this network offers ROSE as an NFT token which has become one of the most popular NFT tokens.
Hence, by making privacy and scalability available to DeFi, the Oasis Network enhances DeFi beyond early adopters to a mass market. It facilitates private smart contracts, high scalability, and the capacity to tokenize data. This opens new use cases like undercollateralized loans, private lending, and private automated market producers.
13. VIDT Datalink (VIDT)
The VIDT DAO ecosystem has a strong focus on the comfort of use and scalability. It is a fully open-source project that intends to deliver a fair and resilient infrastructure for web3 data verification on a global scale.
Furthermore, the VIDT DAO decentralized technology is based on a simple and strong formula that adds and conserves value at minimum cost and effort.
14. Gala (GALA)
Gala is one of the yet most popular NFT tokens. The blockchain uses simple game mechanics enjoyable by all players irrespective of their status as blockchain pro or not. Players typically owns what they earn in the platform. For instance, if you win or earn a magical sword on the Gala gaming platform you own it. While you can also verify your items and wins on the block chain and trade it with someone else or as a bet for another game.
15. SushiSwap (SUSHI)
Sushiswap is the last on our list of the most popular NFT tokens. The token majorly generates its value by focusing on Swapping, earning, staking yields, lending, borrowing, and leveraging all on one decentralized, community-driven platform.
Can You Cash Out NFT?
Yes, you can cash NFTs in form of fits but not in form of NFTs. Lol! To learn how to cash out your NFT, you can follow the brief instructions herein.
Hence, if you store your NFTs only in your crypto wallet and don’t have them available to viewers on a marketplace just transfer the NFT to the marketplaces where you want to sell it. Then click on the “SELL” button you’d see from within the platform of the NFT you want to sell.
How Much Should I Sell My NFT For?
It’s fine art to know how to place good prices and market your NFT. Some NFTs, like Beeple’s, make millions of dollars, however, the ones you have stored in your collection probably don’t have much worth. So, how much should you place your NFT art for?
Many factors will affect how much you should place your NFT art to make more profit from it. It’s all about demand and scarcity. Market fluctuation is also one of the driving factors behind the NFT pricing debate, but many other factors still affect the tokens from reaching their pace. When there is high demand and scarcity of art you have you can earn a lot more from your NFT.
Additionally, know that the average price of an NFT can range anywhere from $100 to $1,400, depending on its scarcity, popularity, and utility. More so, fluctuations in the price of the underlying cryptocurrency may impact an NFT price. Nonetheless, endeavor to engage yourself with any of the most popular NFT tokens listed here for better profit.
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