7 Most Popular NFT Coins in 2022

NFT coins are getting more popular nowadays. You can trade various currencies that back up some of the most popular NFT gaming coins.

13:06 25 April 2022

It is critical to consider which currencies have recently gained ground and the size of their market capitalisation. Finally, before making a financial commitment, investing with caution is crucial and conducting extensive research. This is the top list of coins with NFT game support for people who don't want to play the games but instead want to buy the coins that support them:

Theta Network (THETA)

Theta (THETA) is a distributed system optimised for streaming content like videos. Theta mainnet, which debuted in March 2019, is a peer-to-peer channel where clients exchange bandwidth and process funds. THETA, Theta's native virtual currency, has been used to perform different inter-organisational duties. Theta is a framework for distributed video streaming, distributed processing, and cloud technologies. The structural economic system is boosted by two native currency pairs, Theta (THETA) and Theta Fuel (TFUEL), which rely on native blockchain technology. TFUEL tokens are given for watching network information and engaging in-network services, incentivising clients to do it all. In addition to clip, knowledge, and calculation, creators who would like to establish decentralised apps (DApps) can do so using Theta's fully functional EVM-compatible cryptographic protocol framework.

The Sandbox

The Sandbox is also a digital community where clients can earn money for their efforts. Gamers can use the Sandbox Game Maker to generate NFTs known as ASSETS and incorporate those into gameplay. They can also trade them by uploading them to the Sandbox global market. Customers of the Sandbox purchase property that they can then occupy with tournaments and NFTs. SAND is an Ethereum-based ERC-20 utility blockchain used in the Sandbox universe. Players are paid SAND by playing the game, which they then use to purchase goods/assets, play, personalise their profile pictures, or buy new equipment to improve their gameplay. They can also use the tokens to receive points and vote on governance issues. If this coin managed to intrigue you, the experts at CryptoQuadriga have prepared a Sandbox price prediction article, where the possible value of this cryptocurrency is projected.

Chiliz (CHZ)

Chiliz (CHZ) is the leading virtual currency for sports entertainment and the world's subsequent blockchain-based supporter interaction and benefits system, Socios.com. Enthusiasts can resell trademarked Fan Tokens and also take an interest in, impact, and participate in elections in club-related opinion polls. Users will receive unique rewards and great insights such as game elements, community interactions, and stand characteristics. The CHZ Token is used just to power Socios.com, a consumer-facing web page where united supporters could use their Fan Tokens to take surveys and questionnaires and receive points. The CHZ coin is highly volatile and can be found on various well-known transactions worldwide, such as Binance, Bitpanda, and more.

Enjin Coin (ENJ)

Enjin Coin is an ERC-20 token developed by Enjin, which provides a blockchain-based gaming environment with interconnected goods. The company's primary product is the Enjin Network, a social gaming network that allows users to create websites and clans, communicate, and manage virtual goods businesses. Enjin Coin is used to back digital assets created on its platform, purchasing, selling, and trading in exchange for fiat money.

Enjin Coin is a new currency that gives in-game tokens real-world liquidity. Every token created on its platform is directly backed by ENJ, giving it value. According to the company's co-founder, he sees a future in which millions of players use Enjin Coin-backed digital products without even realising it. Because the Enjin coin is currently gaining momentum, it is vital to vigorously research its market valuation, broker reviews, and price predictions.

Flow (FLOW)

Flow is intended to serve as the foundation for a new generation of games, applications, and digital assets. It is also a public ledger that is quick, distributed, and easy to use. The FLOW token (abbreviated "FLOW") is the coin required to run the platform and all of its apps. It is meant to be both a payment method and a long-term reserve asset for the flow economy.

Flow is a multi-role network design that allows it to scale to serve billions of users without sharding or reducing consensus decentralisation. It is a simple and secure programming language that generates smart contracts for crypto-assets and apps. The Flow was designed with mainstream customers in mind, with payment onramps offering a safe and low-friction path from fiat currencies to cryptocurrency.

Decentraland (MANA)

Decentraland is a computer model or online environment wherein individuals engage through augmented reality, virtual technology, and the internet. In the Decentraland multiverse, real estate packages are promoted as NFTs that help guarantee ownership. Property owners can construct concert venues, guesthouses, casino games, and other foundations and take close event links. The MANA cryptocurrency is an Ethereum-based ERC-20 token that is used in Decentraland. Owners use it to acquire property and other metaverse investment opportunities and participate in planning.

Tezos (XTZ)

Tezos is a self-amending virtual currency record of transactions that can improve it's own using a fully functioning subsystem without the need for a hard fork, or split, in the blockchain technology to implement new features. Tezos is an open software decentralised platform that embraces NFTs. Its XTZ token has gone up in price as the system has allured notable collaborations with some promising potential NFTs. After a network upgrade in early October, the XTZ price skyrocketed, achieving an all-time peak of $9.18 on October 4.

NFT has the power to reshape it all, or at least the majority of objects. Except for conducting expensive displays, NFT technology provides content providers with a new possibility for selling their goods. NFT could also be presented to the general public via mass consumerism. As per Forbes, products can use NFT innovation to customise presents, coupons, and more for their clients, similar to how Taco Bell used NFTs for electronic taco art. By leveraging this innovation for advertising and promotion, products can increase customer engagement. As a matter of fact, the prospect of NFT is brimming with potential options.

Risk Note

This article only connects you to reputable brokerage firms and does not provide financial and investment advice for your cryptocurrency venture. It is crucial to conduct a thorough investigation before investing large sums of money.