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Best NFT Protocols Listed By Market Capitalization | by Smita Verma

The world of digital art and collectibles is being swept by nft projects. Massive sales to a new crypto-audience are transforming the livelihood of digital artists. Celebrities are hopping on board as well, seeing it as a fresh method to interact with their fans. Digital art, on the other hand, is just one use of the best NFT crypto. They can be used to show who owns a one-of-a-kind asset, such as a digital or physical deed. Non-fungible tokens (NFTs) are a new form of investment that is gaining traction by the day, with exchanges reporting multi-million-dollar sales this year. High-net-worth people (HNIs) and ultra-high-net-worth individuals (UHNIs) have expressed an interest in them (UHNIs).

A non-fungible token (NFT) is a data unit that certifies a digital asset as unique and hence non-transferable and is stored on a digital ledger known as a blockchain. A chain of identifiable data blocks is created when blockchains string records of cryptographic hashes, a collection of characters that certifies a collection of data as unique, onto previous records.

The top NFT tokens to invest in are:


Theta, a decentralized video distribution network, is powered by users and an innovative new blockchain. Theta is an open-source protocol that enables vertical decentralized programs (DApps) to be built on top of the platform to enable esports, music, TV/movies, education, business conferencing, peer-to-peer streaming, and more. Theta’s video streaming services are supported by a distributed network of users who give their excess bandwidth and computer resources in exchange for Theta Fuel (Tfuel).

Chiliz (CHZ)

Chiliz (CHZ) is the top digital currency for sports and entertainment and is the world’s first blockchain-based fan engagement and rewards network, Fans may purchase and trade branded Fan Tokens, as well as take part in, influence, and vote in club-related polls and surveys. The company was created in Malta in 2018 to bridge the gap between active and passive fans by providing a Fan Token that acts as a tokenized share of influence to millions of sports enthusiasts. Fans may purchase these personalized Fan Tokens using CHZ, the exclusive on-platform currency that empowers users by allowing them to vote in polls hosted by our partners within the Socios app.

Decentraland (MANA)

Decentraland (MANA) is an Ethereum-based virtual reality platform that allows users to develop, enjoy, and monetize content and apps. Decentraland was established in 2017 as the result of a $24 million ICO (ICO). After a limited beta phase in 2019, the virtual environment was offered to the public in February 2020. On their LAND parcels, users have created a range of interactive experiences, including interactive games, expansive 3D sceneries, and a variety of other interactive activities. In this virtual world, users purchase parcels of land, which they may then traverse, develop, and monetize.

Enjin Coin (ENJ)

Enjin Coin is a project of Enjin, a company that provides a blockchain-based gaming environment with several goods. Enjin’s primary product is the Enjin Network, a social gaming network that lets users create websites and clans, interact, and manage virtual goods stores. Enjin enables game developers to tokenize in-game assets using the Ethereum network. It backs digital assets created on its platform with Enjin Coin, an ERC-20 token that can be bought, sold, and traded for real money.

Non-fungible tokens represent a significant advancement over the relatively simple notion of bitcoin. Complex trading and lending systems for several asset categories, such as real estate, lending contracts, and artwork, are part of modern financial systems. Because they allow for digital representations of real assets, the best NFT crypto are a step forward in the reinvention of this infrastructure.

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