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Non-Fungible Tokens, or NFTs for short, have been the buzzword for the year 2022. And, rightly so because even though it might seem like it is a new tech on the block, you will be shocked to know that there are more than 11 million NFTs out there. Each represents a unique (and, not to forget, valuable) piece of art which could be an image, video content, music, or anything else. And, yet, the industry is still in its infancy stage. We bring to you the only guide you will ever need to understand the uprising of the NFT market and what is all the attraction about. We have also shared some of our favorite NFTs to check out if you want to get active in space. This article features the top 10 NFTs that you should look out for in 2023.
Silks capitalizes on the thrill of thoroughbred horse racing to feature a vast metaverse economy. To give you a better perspective, more than $11B is wagered on the outcomes of thoroughbred races annually within the US. The skill-based fantasy game brings real-world thoroughbred horse racing to the metaverse using blockchain technology and NFTs.
Town Star is the world's first play-to-earn town builder game from Gala Games, the widely popular decentralized gaming ecosystem that aims to give more control to players. The competitive farming game takes inspiration from Farmville. In fact, it is from one of the co-founders of Zynga, the company behind Farmville. Here, you are supposed to complete Daily Challenges and use NFTs in-game in exchange for Town Points.
Women Unite — 10k Assemble is the second set of NFTs from Miss Kaina and the Original Models. The first collection of hand-taken photos of real women around the world has been a tremendous success. The unique digital collectibles will also join the Women United Kingdom, an inclusive ecosystem that represents the individuality, allure, and influence of womankind through Fashion, Photography, and NFTs. The project's goal is to spread love, light, and positivity in the world using NFTs as a medium.
Sorare recently launched its mobile application to facilitate a better user experience while trading the cards. The application will add more features and integrations in the coming months to expand its user base. With the new Game Lobby release, you get a more personalized experience on Sorare. For example, it allows you to create teams, manage rosters, reveal rewards, and more.
Bored Ape Yacht Club is best known for the leading collaborations it has made in a short time. It has partnered with top brands like Adidas, Gucci, and Rolling Stone Magazine to raise more awareness around the potential of NFTs and the metaverse. The collection is also known for its top-tier buyers, who range from leading investment firms to Hollywood singer Justin Beiber and television host Jimmy Fallon. BAYC is considered a symbol of status in the NFT circle.
Enjin Coin has real-world applications and is also laser-focused on the gaming industry. Besides focusing on revolutionzing the gaming space by driving up a player-driven economy, the NFT token also enables the tokenization and subsequent transfer of in-game assets across several platforms. This Ethereum-based network is currently planning on expanding into the heterogeneous network called Polkadot to avoid the high gas fees accompanied by the ETH network.
My Neighbour Alice is a blockchain-based multiplayer building game that presents itself through a fun, player-driven storyline filled with blockchain-powered features. The game's storyline provides an ideal outlet for social interaction and creativity among users.
WAX or Worldwide Asset Exchange is a decentralized exchange that works as a reliable and fair marketplace where users can exchange virtual goods tokenized as NFTs. Its expansive network certifies and authenticates digital goods using its blockchain. It has also become one of the most popular NFT exchanges, with the entire collection being sold out in no time.
Flow is a fast, decentralized, and developer-friendly blockchain, that is designed to be the foundation for a new generation of games, apps, and digital assets that can power the rest of the virtual products. Flow is a layer-one blockchain originally created by a team that has consistently delivered great consumer blockchain experiences to the users.
Chiliz is the leading digital currency for sports and entertainment. The platform operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands. Fan tokens are also given away by this platform to unlock new revenue streams.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
