best NFT cryptocurrencies to buy before 2022
In accordance with our title above, this time we will discuss about the NFT token which I think has the potential for new ath for early next year.
non-fungible or what we often call NFT tokens are quite popular for several quarters of this year.
This happens because this NFT has a role to sell unique and limited items where if you own the item it means you are the only legal owner of the item. This is because every product you sell or buy through NFT has a unique code and for one product only one unique code means the product you buy will not have the same duplicate.
This NFT token itself cannot be exchanged or NFT tokens cannot be used to transact for cryptocurrency exchanges and vice versa where, the cryptocurrency you have cannot be exchanged for NFT.
Non-exchangeable tokens, or NFTs, serve as digital certificates of authenticity for certain digital items. In essence, an NFT is a unit of data stored in a decentralized digital ledger known as a blockchain that guarantees and certifies digital assets as unique with real money value.
THETA
theta is a decentralized blockchain that enables decentralized applications or platforms (DApps).
This platform itself is built on a blockchain to allow peer to peer (P2P) streaming such as sports, tv, music and much more.
MANA (Decentraland)
Decentraland or MANA is a protocol that has the goal of building a virtual ecosystem like the real world.
in decentraland itself we can build alliances or build a life like the real world, for example, buying land, building houses, building shops, selling goods like the real world.
If you want to enter the decentraland ecosystem you need to have a MANA access token which is the medium of exchange used. If you later have access to login, you will be given an identity such as a passport for you to use as an identity in the decentraland ecosystem.
ENJIN
ENJ itself is a digital currency that runs on the Enjin network where Enjin itself offers connected blockchain-based services.
SAND
Sandbox or SAND has almost the same meaning as decentraland where in the sandbox ecosystem you can create, build, buy or sell your digital assets in the form of games.
in the SAND ecosystem you can create digital assets (Non-Fungible Tokens, aka NFTs), upload them to the marketplace, and drag and drop them to create a gaming experience with The Sandbox Game Maker.
AXIE INFINITY
Axie Infinity is a game that runs on the Ethereum (ETH) network. Axie Infinity itself is inspired by the Pokemon game.
To be able to play, you must have Axies or pets in the blockchain network and these animals are what you will later use to compete and get points to upgrade your pets. In addition to competing you can also sell your Axie to other players.
GALA
The GALA Token is the main cryptocurrency used in the Gala Games Ecosystem.
GALA is an Ethereum token that powers Gala Games, a platform for blockchain gaming. GALA is used as the medium of exchange between Gala Games participants. For example, it can be used to pay for in-game items.