NFT coins have become one of the things that have stolen the attention of many parties since 2022. This is in line with the development of crypto investment which has experienced rapid growth in recent years.
NFT itself is an abbreviation of Non-Fungible Token which is a digital asset based on blockchain technology. NFT has now become very popular because it has a fantastic value even reaching millions of USD. Generally, NFT is traded using ether (ETH) which is a con made by Ethereum. As a crypto derivative investment product, many ordinary people do not understand the difference between NFT and bitcoin. Are they the same?
Understanding NFT
Before discussing further about NFT coins, you need to understand what NFT is. As mentioned earlier, NFT is a digital asset that takes various forms such as images, videos, music, games and so on. The fundamental difference between NFT coins and cryptocurrencies is related to transactions. NFTs are interchangeable, but not traded.
NFT has several functions, one of which is as a means of verification of ownership. This is what makes NFT unique and exclusive, making it even more famous. Due to its exclusive nature, NFT is a digital asset that is only owned by certain people.
Best NFT Coin Type
Like crypto coins and bitcoin, NFT also has various types of coins. Although, indeed NFT coins are not as popular as bitcoin coins. However, along with the development of NFT, NFT coins will also slowly be in demand as many NFT transactions take place.
For those of you who are interested in getting into the world of NFT, it is important to know the types of NFT coins you can have. The following are some recommendations for NFT coins that you can choose for investment
1. Decentraland (MANA)
The first NFT coin recommendation is MANA which is used as a cryptocurrency on a platform called Decentraland. Decentraland is a virtual world that depicts the real situation. On this platform, you can sell various content and applications. For content and application creators, Decentraland is one of the best places for investors who want to monetize various works.
Therefore, the profit value of this MANA coin has increased during its initial launch. Decentraland once went viral because the Metaverse Group bought 116 plots of land in the fashion district in Decentraland. This land was purchased at a price of Rp 42.6 billion. MANA currently has a market cap of $6 million with each coin selling at around $3.31 (most likely to fluctuate)
2. DigiByte
For investors who have been in the NFT world for a long time, the DigiByte NFT coin is certainly familiar. This coin has a DGB code and is a Blockchain system that many people use to record various ordinary transaction activities. At the beginning of its launch, DigiByte was not immediately considered attractive and was not considered to have a great asset value.
However, everything changed in 2022, DGB managed to catch the attention of market participants. This is because the blockchain system owned by DGB is the longest, safest and has an even distribution. DGB also has sophistication that can be used for various purposes such as investing, creating applications to blockchain validation. The price of 1 DGB Coin is around USD 0.06125
3. THETA
The next NFT coin recommendation is THETA which is a native token from Theta Network. The price of this coin is quite expensive because it has its own charm. One of them is that this coin is able to provide a decentralized video streaming infrastructure. Theta is an open source protocol built on a platform to enable TV/movie, music, education, P2P streaming to e-sports.
Another advantage of Theta is that it has a streaming service that is supported by a network of scattered users. Indeed, this coin is quite unique because THETA is used for video streaming. This is what makes content creators take advantage of this platform to hold various streams. As of this writing, ETHA’s market capitalization is IDR 36,576,168,427,329.
4. Engine
Enjin is one of the popular NFT coins with the code ENJ. This coin is known as one of the coins that is able to drive economic growth on the Blockchain. In general, these coins are used to transact in E-commerce. Business people say that this coin gives business people a sense of convenience on a blockchain basis. With the security and convenience offered, it’s no wonder that this coin has many enthusiasts.
Engine Coins can be used to buy real products or other virtual products such as software and games. The current price of the ENJ coin is around IDR 21,534 with a trading volume of IDR 3,104,576,851,071
5. Axie Infinity
Talking about NFT coins, one of the coins that is already popular is Axie Infinity with the code AXS. This currency applies in the well-known NFT game called Axie Infinity. The game concept in this game resembles the Pokemon game where players raise monsters, breed them and make these monsters stronger by fighting often.
This monster is the NFT in this game. The stronger the monster, the higher the value of the asset and can be traded using AXS coins. This NFT game is able to attract the attention of many people, especially people who are in the NFT world and like games. The number of people who like this game also makes the value of this coin skyrocket.
The price of one AXS coin is currently at US$49.92 or around Rp. 715,785 with a market capitalization of US$3,581,160,751.
6. Chiliz
Chilis with code CHZ is an NFT coin which is also a derivative of cryptocurrency and is used to transact via the blockchain. This coin is one of the most popular coins and is often used by NFT players. In general, Chiliz is used as a transaction tool in the fields of entertainment and sports.
Besides being popular, it turns out that this coin also has a fairly large profit opportunity. The price of this coin is in the range of US $ 0.190272 or around Rp. 2728 with a market capitalization of US $ 891,697,825.
7. SANDS
There are various NFT games that are related to NFT and give players coins when they win matches. One of the popular NFT games is The Sandbox where this game has a currency, namely SAND coins. This game is similar to minecraft game where you need to create and build various buildings.
For those of you who really like the game minecraft, you can try this game which turns out to be more productive. The value of this NFT coin has also increased, where the price per coin is IDR 42,300.29 and trading volume reaches IDR 14,402,953,531,481.
8. GALA
GALA games for some people may be seen as a funny and adorable game. As it turns out, GALA games is a platform that allows developers to develop blockchain games which are then sold using GALA coins. This platform is increasingly famous because it is able to communicate well with customers. Customers can provide input to developers so they can determine the direction of the game being made.
Gala Games also uses a voting method to determine which games are eligible for financing and which games should be focused on development. One of the games that has been released on this platform is a game called Town Star. To be able to play on this platform, users can use NFT Gala coins. The value per coin of the NFT GALA account is IDR 2,572 with a trading volume of 6,977,205,436 .
9. FLOW
FLOW is one of the newest cryptocurrencies to enter the crypto market. FLOW itself is a blockchain platform developed by a team of developers who previously made Cryptokitties which is an NFT game. Those of you who are NBA fans will definitely be interested in buying this coin. This is because FLOW is the primary token you need to be able to transact on the NBA Top Shot blockchain platform.
This platform is a place that sells various videos of various actions of famous basketball players that take place in NBA games. Some of the NBA action videos that can be found are three shoots from Stephen Curry to a slam dunk from LA Lakers star LeBron James.
The price of this coin continues to increase due to the use of an efficient, easy, cheap and fast platform to share content with NBA fans. The price of this coin is IDR 68,552 with a circulating supply of 318,082,398.
10. Tezos
The next best NFT coin that has good performance is Tezos. This coin has the code XTZ which is a part of the cryptocurrency derivative. Tezos is an open source platform created with the aim of becoming a thriving network. Some say that Tezos is similar to Ethereum at first glance because both have a smart contact network.
The predictions for the growth of this coin are also quite good and profitable. Observers say that the coin is likely to increase. This is based on Tezos’ continuous efforts to make the network more efficient. The current price of Tezos is IDR 41,991.97 with a circulating supply of 875,426,144.
11. WAXP
WAXP is a coin that is used to transact on the WAX platform. The WAX platform was released in 2022 and was created to support safer, simpler and faster e-commerce transactions. You can use these coins to buy various games and other NFT assets. The value of the WAXP coin has also increased considerably as it has been listed on various trading platforms. WAX has also collaborated with several companies such as VGO Skins, vIRL and Fnatic eSports.
12. OMI
The next recommended example of the best NFT coin is OMI which is used on the Veve and Ecomi platforms. For those of you who really like pop culture, this coin is a must have. Because indeed the Veve and Ecomi platforms provide various digital assets that you will definitely like. For fans of superhero comics, video games to toys made according to the creators’ creations.
The Ecomi and Veve platforms can be said to be two popular platforms among teenagers and pop culture lovers. This is what makes many people buy this coin. The current OMI price is in the range of Rp. 92.02. How, are you interested in getting into the world of NFT? Start investing from the various recommendations for the best NFT coins above.
