Did you know that NFTs are tokens based on blockchain technology and that they represent digital or physical assets? Also, did you know that these NFTs are often used to verify the authenticity of works of art, create limited editions of collectibles, or represent characters in-game universities? Yes, that is precisely what NFTs of non-fungible tokens are mostly known for!
Only in 2021,k sales of NFTs have overgrown, reaching the highest level in history in September of that year. The value of sales last year amounted to 15.57 billion dollars, and already on January 2 and 3 this year, it was over 100 million dollars, according to the website NonFungible.com.
Famous tokens such as the Incognito NFT have become increasingly popular. According to Capital, the most popular NFTs in 2021 were NBA Top Shots sports collectables, digital art collections such as Bored Ape Yacht Club and CryptoPunks and metaverse games such as Axie Infinity and Sandbox.
However, what are the top five most promising NFTs in 2022 so far? Let’s start from the first one, shall we?
#1 MANA from Decentraland meta-universe
The famous Decentraland utilizes the MANA token. It allows all users to build and buy objects in the Metaverse. Keep in mind that the land space in the Metaverse is limited.
For that reason, we are expecting it to gain value. Virtual reality item scarcity is a key factor that attracts investors to cryptocurrencies like Decentraland.
#2 Axie by Infinity AXS
Axie Infinity Shards, commonly known as AXS, represent the native governance token of the Axie Infinity network. The network refers to a platform built by Sky Mavis company from Vietnam for trading resources earned in the Axie Infinity video game.
#3 Sand from Sandbox
Sand refers to an ERC-20 utility token mainly utilized for value transfers, staking, and governance. In other words, SAND represents the utility token used throughout The Sandbox ecosystem,
The Sandbox metaverse represents one of several blockchain-based virtual worlds that aims to change the current dynamics of the gaming market and reward creators for the value they provide through user-generated content.
#4 Theta from Theta Network
Theta is the blockchain-based video streaming platform where Theta Labs operator teamed up with Sony has launched two types of 3D NFTs. These 3D NFTs are specially created for use with the SRD, the Sony Reality Display.
Theta Network represents a decentralized video delivery network that enables a wide range of blockchain-enabled solutions to the issues facing the traditional video-streaming sector.
#5 Tezos token XTZ
Tezos is a blockchain network based on smart contracts in a way that is not too similar to Ethereum. However, there is a big difference: Tezos aims to offer a more advanced infrastructure. It can be developed and improved over time without the danger of a hard fork.
Individuals who own KSTZ can vote for the protocol upgrade proposals proposed by Tezos developers. Tez, or XTZ, represents the native token of the Tezos blockchain. It is mainly used to pay fees, interact with dApps, provide an essential accounting union with the Tezos platform, and secure the network through staking.