What are NFT parts?
With the rapid growth and popularity of NFTs, there are many NFT coins available in the market. NFTs (non-fungible tokens) give you ownership of any digital artwork, music, videos, collectibles in games and sports collectibles. Depending on the market, different coins are used on different platforms.
I have compiled a list of the best NFT crypto coins.
Price: $ 2.99289
Market capitalization: $ 5.44 billion
At the top of the NFT parts list is the MANA NFT part. Users can use MANA NFT Coins to make payments for purchases on the Decentraland Marketplace. Decentraland is powered by Ethereum, a leading blockchain. This market offers artwork, social games, apps, 3D art, and challenges. Users can buy and sell digital game assets like portable avatars, lands, domains, etc. The Decentraland marketplace is governed by the DAO, so a smart contract governs the organization. MANA is one of two NFT crypto coins used on Decentraland. MANA is considered an ERC-20 token which requires it to be burnt to acquire the NFT ERC-721 LAND coins.
Price: $ 0.48984
Market capitalization: $ 2.9 billion
Chiliz, an NFT coin designed for sports and entertainment, was first generated in 2018 with 8.8 billion. This digital currency is used to buy Fan Tokens to make payments on Socios.com. These Fan Tokens are utility tokens that can be used to purchase VIP rewards, participate in surveys, access AR features, forums, and exclusive promotions. It also allows users to compete in the world rankings. Socios.com is currently the largest non-exchange blockchain application in the world.
CHZ is also listed on Coinbase and Binance, the world’s leading cryptocurrency exchanges. CHZ coins are used by fans who support popular sports teams around the world. Chiliz has partnered with some of the most important sports organizations in the world. Each sports organization that uses Chiliz technology only has a limited number of fan tokens called FTO or Fan Token Offering. Each sports organization using Chiliz technology has a limited supply of fan tokens offered during a first FTO (fan token offer).
The sandbox (SAND)
Price: $ 2.55670
Market capitalization: $ 2.28 billion
SAND is a utility token used to make payments on the blockchain-based Sandbox platform. Sandbox is a virtual world with a “game-to-win” model where you can be both a player and a creator. Users can buy and sell and create and build digital game assets. Users can use NFTs to create digital voxel assets, upload them to the Marketplace, and use Game Maker to merge them into the game. They can also purchase land from the Sandbox Virtual Metaverse to increase its value by using it. filling with digital assets and games. The SAND coin is also used as the governance of the platform.
Price: $ 0.76262
Market capitalization: $ 1.4 billion
WAXP is the primary token used on WAX. WAX (Worldwide Asset eXchange Ecosystem) is a specially designed NFT blockchain. This means that WAX provides blockchain-based tools for brands to launch an NFT collection, including marketplaces, dApps, exchanges, and games. WAX is a decentralized digital entertainment and games network used to create, store, buy and sell NFTs. WAX explicitly prides itself on being a carbon neutral blockchain.
Price: $ 1.07161
Market capitalization: $ 460.6 million
The Chromia platform was first launched with 1 billion CHR tokens generated. According to Chromia, they won’t be creating any more tokens in the future, so that’s the limit on the token supply. CHR is Chromia’s native token, which is used between developers, users, and investors on the platform. CHR is also listed on several of the major cryptocurrency exchanges. CHR is used on the Chromia platform for ecosystem staking and for paying hosting fees. Chromia is an independent public blockchain focused on games and decentralized social networks.
Are you ready for the NFT revolution?
With so many NFT coins on the market, it’s time to step into the metaverse and start bidding on some items or auctioning them off in various markets. Hope this guide has helped you see which parts work the best. Please note that the prices shown are subject to change.