What are the top NFT coins? See our list here!
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What are NFT coins?
With the rapid growth and popularity of NFTs, there are many NFT coins available on the market. NFTs (non-fungible tokens) provide you ownership of any digital artwork, music, videos, collectibles in games, and sports collectibles. Depending on the marketplace, different coins are used on different platforms.
I've compiled a list of the top NFT crypto coins.
Market cap: $5.44 billion
At the top of the NFT coins list, there's the MANA NFT coin. Users can use MANA NFT coins to make payments for purchases on the Decentraland Marketplace. Decentraland is powered by Ethereum, a leading blockchain. This Marketplace offers artworks, social games, apps, 3D art, and challenges. Users can purchase and sell digital game assets such as avatar wearables, land, estates, and more. The Decentraland Marketplace is governed by the DAO, so a smart contract governs the organization. MANA is one of the two NFT crypto coins used on Decentraland. MANA is considered an ERC-20 token which requires it to be burned to acquire the NFT ERC-721 LAND coins.
Market cap: $2.9 billion
Chiliz, an NFT coin designed for sports and entertainment, was first generated in 2018 with 8.8BN. This digital currency is used to purchase Fan Tokens to make payments on Socios.com. These Fan Tokens are utility tokens that can be used to purchase VIP rewards, participate in voting polls, access AR-enabled features, forums, and exclusive promotions. It also enables users to compete in global leaderboards. Socios.com is currently the world’s biggest non-exchange blockchain apps.
CHZ is also listed on Coinbase and Binance, the world’s leading cryptocurrency exchanges. CHZ coins are used by fans that support popular sports teams from around the globe. Chiliz has partnered up with some of the most prominent sporting organizations in the world. Each sporting organization that uses the Chiliz technology only has a limited amount of fan tokens referred to as FTO or Fan Token Offering. Every sporting organization using the Chiliz technology has a limited supply of fan tokens offered at an initial FTO (fan token offering).
The Sandbox (SAND)
Market cap: $2.28 billion
SAND is a utility token that is used to make payments on the blockchain-based Sandbox platform. Sandbox is a virtual world with a “play-to-earn model” where you can be both a gamer 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 onto the Marketplace, and use the Game Maker to merge them into the game. They can also purchase land from the virtual Sandbox metaverse to increase its value by populating it with digital assets and games. The SAND coin is also used as the governance of the platform.
Market cap: $1.4 billion
WAXP is the primary token used on WAX. WAX (Worldwide Asset eXchange ecosystem) is a purpose-built 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 network of digital entertainment and games used to create, store, buy, and sell NFTs. WAX prides itself explicitly as a carbon-neutral blockchain.
Market cap: $460.6 million
The Chromia Platform was first launched with 1 billion CHR tokens generated. According to Chromia, they will create no tokens in the future, so this is the limit of the token supply. CHR is the native token of Chromia, 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 staking on ecosystems and as payment for 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 enter the Metaverse and start bidding on some items or auctioning them on various marketplaces. I hope this guide has helped you see which coins work best. Please note that the prices indicated as subject to change.
Came to see if ghacks launching coins. Not seen. Disappointed.
I have followed this blog since 2018.
But now it’s sadly fallen down the scamcoin rabbit hole so this will be the last post I read.
The site sold out in 2020 I think. Now some random shady clowns are writing pointless and sponsored articles.
This Shaun thing is a bot.
As expected but denied it would ever happen, Softonic wrecked it.
There are still occasionally things worth reading; not often.
I most emphatically want to object to Ghacks being used lately as a channel to promote what are nothing but inflated investment bubbles and deceptive pyramid schemes.
This is awful.
Ghacks lately become more and more garbage/superficial.
Will find another site for my tech news.
I am seconding Henk his opinion. This once famous blog has been on a downward spiral since it was sold by its founder
And none of them care neither the seller or buyer, because anyone of this opinion is such a small percentage that idiots will always be distracted by the bullshit being peddled.
face it people, common sense lost, greed won.
I am somewhat amused and a bit bewildered by some of the negative comments these articles receive. I say this not because I’m a fan of the various NFT’s, or even the concept of them; but rather because they make me aware of what was completely unknown to me. For this alone there is some small value.
As regards to the comment by Hank, these NFT’s are not a ponzi or a pyramid, but are actually more akin to the baseball cards we would collect and trade when I was a mere youth; at least as far as I can see. That they are non-fungible immediately means they cannot be money, because fungibility is a requirement for money-ness.
Consider the dollar, Euro or Yen (Ponzi schemes in their own right, being inextinguishable debt instruments); each such bill being indistinguishable from another. Each dollar looks alike, and if someone says “I want that $20 bill over this one” you’d think he was a nut (or knew one was counterfeit). See, fungible, unlike an NFT which is supposed to be unique.
Is it a waste of resources? I would think so, but others obviously disagree. I see it as another result of excessive money creation by Central Banks, and that this will all end very badly.
Just my half-penny. ;-)
These are the worst posts on this blog. Please let me pay you for your writing of quality posts. I would gladly pay, as I did during the Patreon era, than see this.
To those bemoaning the ‘decline’ of ghacks: just ignore the Shaun postings and its pretty much the same as it was. To me it seems possible that Shaun was added to the ghacks staff by the new owners (Softonic) to help them monetize the site. Hopefully that guess is wrong, but most of the Shaun articles read like advertisements. In this particular case, ghacks should be very embarrassed indeed that one of its contributors is actually telling us that “it’s time to enter the Metaverse and start bidding on some items.” Is this supposed to be investment advice? It certainly has nothing to do with technology.
In general, while I am aware and sympathetic to the fact that any business needs to make money to survive and compensate its owners and employees, I think it is reasonable to expect ads to be clearly labeled as such.
In QuiteRSS you can filter out these posts. Create a filter for author is “Shaun”, then perform action “delete”.
I do the same for many other things like Apple, Floyd, BLM.
If you want every nft in existence, go here:
NFT’s have value as something you can sucker click fiends into paying for, that’s about it. If I buy a numbered copy of a piece of art, I get something with value based on rarity. Any NFT has potentially infinite copies, so no value beyond what can be done with it, which is how the scam works: hype. Kinda what non fungible means.
This is pure garbage, Shaun the Clown has inundated this site with so much junk that it is no longer worth visiting it any more, not to mention the unbearably ugly theme which the users need to deal with via ‘?s=’. Total downfall, Brinkmann sold his soul to the Softonic Devil.