NFTs have revolutionized the entire DeFi space, as most coins launching in recent times have factored in NFT generation into their platforms. NFTs have huge potential for the future of trading, and already, they are in massive demand on Metaverse spaces, as the users need them for use as avatars.
Also, more utility opportunities are open to a project if it already supports NFT creation and exchange. Here’s a rundown of the leading tokens–Ethereum (ETH), Tezos (XTZ), and Dogeliens (DOGET)–you should get your NFTs.
Ethereum (ETH) was released in 2015 by a 19-year-old programmer, Vitalik Buterin, who co-founded Bitcoin Magazine. The platform was touted to succeed Bitcoin as a more accessible and efficient blockchain system, and it has delivered substantially in that regard.
The Ethereum (ETH) blockchain introduced smart contract functionalities as its initial distinguishing feature from the blockchains at the time. Smart contracts are programs written into the platform’s code to validate transactions and complete them as soon as the terms for the transaction are met. The transacting parties don’t need to be online before any transaction.
Smart contracts offer faster and more timely transaction processing and security for the transactions on the platform. They are also applied in various DApps and tools. For instance, NFTs are secured to the native networks by binding them to smart contracts. Then, buyers can complete the transaction by paying the price tag for the token.
Now, the Ethereum (ETH) network supports NFT creation across various DApps. NFT marketplaces like Opensea and EtherScan are powered by Ethereum (ETH) or one of its side chains like Polygon. The marketplaces allow the minting and sale of any form of NFTs.
Ethereum (ETH) has always been a big player in the crypto space, second only to Bitcoin. Despite the crypto collapse, there are several indications it will spike very soon, as 2023 is believed to be another bullish surge. ETH sells for $1,488 on CoinGecko.
Tezos (XTZ) is a decentralized platform not too different from Ethereum. It features an array of DApps, software tools, and other web3 components, such as NFTs, on its blockchain.
Tezos (XTZ) is very friendly to developers and users, allowing the developers to create codes and add them to the protocol without lengthy validations. The blockchain is based on a self-amending protocol, which evolves itself with every new upgrade. This ensures the platform doesn’t have to develop forks after protocol changes.
For the users, the more the DApps, the better. The network makes the DApps available for users as soon as they are uploaded. Tezos (XTZ) also supports an active NFT marketplace, where users can access readymade NFTs and create their own from various digital content. The platform is especially fixated on generating art, music, comic book, and Formula One NFTs.
You can get Tezos (XTZ) for $1.76 on CoinMarketCap.
Dogeliens (DOGET) is a meme coin looking to break into the NFT charts, as its platform seeks to produce top-quality customized tokens for use in the Metaverse games and sales to other users. The NFT store and Metaverse space will work to ensure users have access to the entire NFT functionality.
The virtual world, Spaceship, is the Metaverse platform for Dogeliens (DOGET). It features play-to-earn games and the ability to create NFTs from multimedia content. The play-to-earn games use the native token, DOGET, as currency; all purchases in-game and rewards are in DOGET. Like other Metaverse spaces, the Spaceship allows users to communicate with one another on the platform through gaming or chatbox conversations using their avatars.
The Pupstore is the main NFT reservoir for the Dogeliens (DOGET) platform. It displays the tokens minted by the developers for sale to members. The University of Barkington completes the threefold ecosystem Dogeliens (DOGET) plans to launch. The university is a virtual learning platform where users get basic and advanced information on the use of DeFi tools available in the cryptocurrency market. This way, all users are competent in terms of crypto trading.
Join the Dogeliens (DOGET) presale today to participate in the next big crypto project. Click this link to get your DOGET tokens immediately, and learn more here:
Presale: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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