5 NFT Projects that you need to know
After Decentralized Finance (DeFi) taking all the space for the first six months in 2021, non-fungible tokens popularly known as NFTs have become very popular in the second half and have been growing.
The NFT project has taken the crypto world by surprise. NFT allows you to buy anything, but you can't exchange that with the other. For instance, if you trade any card with the other, you will get a different card.
So you always have a unique NFT, if you trade and if you want to buy more, you will get another unique NFT. It cannot be similar. if it is similar, it is not NFT.
The concept of fungible tokens, however, is unique. For example, if you trade one Bitcoin for another, you will get the same thing.
NFTs have been available to us for a few years now. CryptoKitties, a popular NFT built on Ethereum, was very popular for a few years, but now there are scores of NFTs.
The majority of crypto projects release their own NFTs making it one of the most sought digital assets after cryptocurrencies today. It has gained mass valuation recently, as they are feasible assets that can be sold and bought like other currencies.
NFT can be anything like internet collectibles like art, music, celebrities, and games with an authentic certificate created by blockchain technology that underlies cryptocurrency.
Despite there being a variety of NFT projects today, I will give you five that are worth monitoring.
Devikins NFTs are the playable characters of the RPG game, Devikins. Players can collect, breed, grow, and battle with their Devikins NFTs. A Devikins NFT is addressed as a Devikin, originally from the Void, the main world of the Devikins game.
After 100,000 NFTs are in circulation, the inflation will decrease from 5% to 2.5%, for every 10,000 additional NFTs. At the 1,000,000 milestone.
Built on the Tron platform by MoonLabs Studios, part of the Klever Blockchain platform, it can be traded on the upcoming KleverNFT Marketplace.
Only 5000 holy cow forms are part of Holy Cows. Built on the Ethereum blockchain, Holy Cows graze the evergreen meadow of the metaverse and enter the pearly white gate of this host. The community of this platform is different and accepts every shape, size, and culture. On joining, these trails offer fantastic rewards, tips, and adventures to the members.
Built on Ethereum blockchain that hosts and operates its services to the Dapper Dinos. Only a collection of 9,999 randomly created dinosaurs serve as the pillars of the Dapper Dinos. Its founder considers some brilliant aspects of the platform. In addition, he wants to make it family-friendly, kid-loveable, and hyper-collectible. He always wanted to evoke fun and enjoyment from these customized token dinos.
Doge-based cryptocurrencies have become very popular after Dogecoin and Shiba Inu. To capitalize on this, the developers of The Doge Pound created another platform for NFT. It is known as the Doge Pound Puppies. These tokens as puppies are adorable. These cute tokens have remarkable features to unlock. By collecting these puppies and adult dogs, you can get many offers and unlock several unique features.
We all know what whales can do to any cryptocurrency, the same way the developer has come up with an NFT project called, 'The Unusual Whale' that has 6,969 whales in the project. Each whale has its aspects and characteristics that make them unique and rarer. It has also added easy access to the NFT tools that can assist you in making investments. These tools are beneficial for the members of Unusual Whales.
However, we cannot miss the successful NFT projects that include Crypto Punks, Bored ape Yacht club, Cryptoadz, Sneaky vampire syndicate, Cool Cats NFT Mutant Ape Yacht Club which is leading the NFT marketplace.
Follow me on Twitter.com/TokenBharat