Non-fungible tokens (NFT) are currently taking the world of digital art and collectibles by storm. NFT are tokens that represent ownership of unique items. As the NFT sector improves blockchain-based gaming, we are likely to see these non-fungible tokens continue their remarkable growth in 2022.
Thanks to their immense success, investors are now looking for the best NFT crypto coins to buy now.
Based on various considerations, here are our top 5 picks:
TOP NFT CURRENCIES: GALA
Gala Games (GALA) is a blockchain-based gaming platform that allows users to earn their GALA token to achieve in-game milestones.
They can also create and trade non-fungible in-game tokens or non-game based trades.
Players can also create and trade non-fungible tokens (NFT) in-game or through non-game based exchanges to earn cryptocurrencies. The intention is to allow players to become proactive partners with developers and share in the proceeds raised.
GALA has a game-changing business model, so much so that last year, the platform saw the price of its utility token skyrocket by around 50,829%, outperforming other high-profile metaverse projects. Despite the project’s immense results, it still has room to grow. Investing in GALA now is an effective way to become part of this growing ecosystem.
MUST-HAVE NFT CURRENCIES: SANDBOX
The Sandbox (SAND) is a blockchain-based virtual gaming ecosystem. The network allows anyone to create, trade and monetise digital properties. The project combines the popularity of NFTs with a programmable landscape to create a more immersive gaming experience for users.
The play-to-win approach adopted by The Sandbox blurs the lines between gaming and building towards financial freedom. Users traverse the Sandbox Metaverse in search of opportunities and virtual land.
The Sandbox is a community-driven project. It combines a DAO (decentralised autonomous organisation) with NFT to create a completely new gaming atmosphere. Users who own SAND tokens can propose updates and developments. The more NFT and SAND tokens you have, the more weight your vote will carry.
FASTEST GROWING CRPTOVERSE: DECENTRALAND
Decentralised (LAND) is one of the most popular games (and tokens) on the market. The platform uses NFTs, unique and easily tradable digital assets stored on the blockchain. For example, there are 90,000 parcels of land in the game, each represented by an NFT.
This has been a major selling point for Decentraland because you can become a virtual real estate tycoon by buying cheap land NFTs and selling them for profit. Users can even increase the value of their land by adding enhancements such as artwork or fun activities.
As interest in what the future holds for the metaverse is currently sky high, there is no doubt that Decentraland provides long-term investors with a myriad of reasons to invest.
MOST POPULAR NFT-BASED GAME: AXIE INFINITY
Axie Infinity is a digital universe of pets and a player-owned economy consisting of a farming game, a battle game and a Clash of Clans-style land game. The consistent and unifying thread of the game is the Axie, an NFT character that is used in all games and can be traded in secondary markets.
Players earn SLP tokens by winning battles in the Axie Infinity game, and use a combination of SLP and the AXS government token to generate new Axies. Thanks to the team’s persistence, hard work, innovation and unwavering commitment to their mission, Axie Infinity is now the fastest growing game in the world.
EMERGING NFT PROJECT: ILLUVIUM
Illuvium is an upcoming fantasy role-playing game developed on the Ethereum blockchain by a decentralised autonomous organisation (DAO) called Illuvium DAO. The game was first announced in January 2021 and was described as “a decentralised, NFT collection and automated battle game built on the Ethereum network”.
In Illuvium, players are immersed in a 3D open world to explore and capture deity-like beasts called Illuvials. Players use the Illuvials they have collected to fight against other players to win Ether (ETH).