Top NFT tokens: 4 names you need to be familiar with

By Stan Peterson
Published August 27, 2021 Updated August 28, 2021
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Top NFT tokens: 4 names you need to be familiar with

By Stan Peterson
Published August 27, 2021 Updated August 28, 2021

Within a few months, NFTs have gone from niche digital assets to attention-grabbing fundraising instruments used by individuals and companies to monetize their digital assets. As a result, NFT is now an acronym added to all sorts of table talk.

Yet, what is an NFT

Non-fungible tokens(NFTs), also known as Collectible Tokens, are one-of-a-kind assets that have the potential to appreciate in value. Built on the blockchain, NFTs allow anyone to verify the asset’s authenticity and ownership in the public ledger. Thus, it helps creators to create digital scarcity for their digital assets. Though the NFT market is still in the early stages of development, the records for NFTs sales surge to new highs every day, with $2.5 billion in sales so far this year.
Successful NFT tokens often show a wide range of utilities and provide blockchain solutions to real-world problems. This article will walk you through the Top NFT tokens to keep an eye on in 2021.

Manga Token

Manga Token is a relatively new token to the nft market, but it has been generating buzzes. Manga Token is a reward and payment token for NFTs in the manga industry. With the increase in demand for Manga NFTs following the emergence of NFTs, the Manga Token ecosystem seeks to enable digital manga creators and fans to sell manga collectibles, such as manga art digital paintings, on the blockchain with ease.

NFTs can be purchased with $MANGA at zero transaction fees directly on the best NFT marketplace for manga – Trophee. xyz. Furthermore, users can use the Token as votes and participate in voting for their favorite Manga titles. $MANGA is also a reward token for manga artists and community groups contributing to manga’s release online. 

Theta Network

Another top NFT token to look out for is the decentralized video streaming platform -Theta Network. Theta Coin is a decentralized ecosystem that seeks to improve video streaming and delivery. The ecosystem allows users to exchange their excess bandwidths for token rewards.

Theta aims to change the way we interact with videos online. The ecosystem rewards users with Theta Fuel ($TFUEL) for providing their computing resources to facilitate better streaming experiences. This revolutionary streaming blockchain solution has attracted the attention of investors like Samsung and Sony

Axie Infinity

Now we delve into the world of probably the most popular NFT game in the world, Axie Infinity. Inspired by games like Pokémon and Tamagotchi, Axie Infinity lets players collect, breed, battle, and trade NFT creatures known as Axies in the game. Additionally, users can trade Axies on Axie Marketplace. Besides the loving gaming element, Axie Infinity is a play-to-earn battle game that provides thousands of people with serious money across the globe thanks to their play-to-earn economy. In the game, players get Smooth Love Potions ($SLP) as their in-game rewards.

At the date of writing, their $AXS native token has a market cap of $4,664 billion, ranks at number 2 in the NFT market on CoinMarketCap.

Enjin

Enjin is an ecosystem that allows the integration of digital products for trading and the monetization of games. The ecosystem helps game creators tokenize in-game purchases on the Ethereum blockchain. Those in-game assets exist as NFTs, and gamers can choose to trade or keep them. Thus, Enjin is a bridge between NFTs and gaming.

The Enjin platform is powered by Enjin Coin($ENJ). Developers can mint virtual items into NFTs with the Enjin platform by locking the $ENJ token. 

Conclusion

These top NFT Tokens are revolutionizing the way we view digital collectibles. They shed light on the future of the NFT market. As the hype for NFTs continues to increase, the value of stellar NFT tokens would also keep growing. Therefore, you need to familiarise yourself with the top NFT tokens listed in this article to understand the best NFT project to invest your money in.

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Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Stan Peterson
584 Articles
Being an active participant in the Blockchain world, I always look forward to engage with opportunities where I could share my love towards digital transformation.

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