NFT (non-fungible tokens) are digital assets that operate on the blockchain, like most tokens, but with a significant difference – each of them is unique, this uniqueness is spelled out in the code, and therefore, each has its own value.
Today we will look at the top 10 projects that allow you to create NFTs, buy and sell them. The information is relevant for collectors, traders, investors – often the cost of one or another NFT soars up to several thousand dollars, so it makes sense to take a closer look at them.
Top 10 NFT projects
Theta Network is a blockchain network focused on video distribution. Allows members not only to watch videos, but also to earn rewards for relaying videos to other users. In this case, users can contribute regardless of which device they use: computer, Smart TV or phone.
In December 2020, the company-owned platform Theta.tv launched native NFTs for content creators to boost user engagement. Authors can now mint such assets and share them with their fans. This means that over 1,000 permanent streamers on the platform can create their own unique items, emojis and badges that will be distributed as souvenirs to interested members and fans.
The Flow project was conceived by the same team that once created the mega-popular CryptoKitties. At its core, Flow is a platform for building, launching and maintaining blockchain applications that provides many opportunities for developers and users.
On the basis of the Flow blockchain, a lot of different NFTs have already been launched – the fact is that due to their advantages in terms of decentralization and speed, the movement of such assets across the network is extremely convenient. Developers look forward to engaging with other popular networks such as Cryptokitties, as well as brands and organizations (Warner, NBA, etc.).
Enjin is an Ethereum platform primarily focused on online game development. Its native ENJ token performs many functions, one of which is buying valuable NFTs on the built-in marketplace. Objects can be very different, their choice is limited only by the imagination of the creators of the games. There are weapons, skills, useful items, virtual clothes and territories and much more – thousands of items are available to users right now.
Decentraland is a virtual world divided into separate territories (areas). The plots are NFT. They can be bought and sold, and they all have a different value depending on the objects located on them. In addition to members, you can also sell various items such as play clothes.
A simple Builder tool allows anyone with no technical skills to create scenes, artwork, contests and more. For more experienced developers, there is an SDK that provides tools for filling the world with social interactions and applications.
Sandbox is another virtual world filled with characters, items and territories. The name translates as “sandbox”, which fully reflects the essence of the platform. Collectible Assets ERC-721 and ERC-1155, as a constructor, create the Sandbox metaverse. The native SAND token allows you to sell and buy NFTs.
The player can create their own NFT objects using The Sandbox Game Maker tool, and then they can be sold on the integrated marketplace to earn SAND.
The Gala Games platform has partnered with renowned PC game developers such as Zynga as well as Sandbox Games. The blockchain-based game Town Star is an agricultural browser simulator that is the main focus of Gala Games, but other games can also be found here.
Like previous platforms, this one makes it possible to create and sell various game objects, as well as just have fun – participate in weekly competitions, complete quests, and communicate with an active community.
WAX is a world-class blockchain network for video games and other entertainment. Fully tied to the creation and trading of NFTs, but also offers a number of monetization opportunities with DeFi tools. Developers call their platform “the king of NFT”, and there is a reason for this – this is the system that popular brands and celebrities most often choose to issue their non-replaceable tokens – Atari, deadmau5, Capcom, etc. To create tokens, decentralized applications, games and markets, Wax offers developers detailed documentation, code samples and other supporting material.
LUKSO is a blockchain infrastructure that provides standards and solutions for shaping digital goods. Examples of such solutions: universal public profiles, which make remembering logins and passwords a thing of the past; digital certificates of ownership; tokens of cultural value. This spring it is planned to launch the mainnet of the project. The network will be compatible with the Casper Consensus Algorithm (PoS) in conjunction with the Ethereum Virtual Machine (EVM) execution engine.
RedFOX Labs is a platform for creating innovative products and solutions powered by the Ethereum blockchain. The unique build-out incubator model helps to create specialized applications from scratch that have every chance of becoming market leaders.
In addition to blockchain technology, such developments as artificial intelligence, virtual reality, augmented reality, the Internet of things and, of course, NFT are used, which show themselves especially well in the field of computer games.
The platform is mainly targeting users from Southeast Asia, as this region is currently experiencing a dramatic market acceleration. However, nothing prevents a resident of any country in the world from using it.
Ultra is an entertainment platform that allows you to perform a variety of game-related activities at once: explore, buy, play, watch live broadcasts, interact with influencers, participate in contests, tournaments and much more. All content that the user purchases through Ultra, such as games, DLCs and virtual items, are digital objects, the ownership of which is secured at the blockchain level. For additional earnings, there are two multidirectional referral programs.
The platforms considered differ from each other in purpose and features, but their main common feature is unchanged – everyone is actively using new high-tech areas, including NFT tokens. With their help, users can express themselves by creating various items and virtual values, as well as earn by selling them to other members. This is what the future of online gaming looks like.