Dashboard Quick Navigation
Nfts (non fungible tokens) -
Non-Fungible Tokens (NFTs) are tokens on a blockchain that are linked to some sort of data
or asset. This ‘data’ or ‘asset’ can literally be anything, ranging from a picture to the papers
or ownership of a property. Similarly to other cryptocurrencies, the supply of NFTs can be
limited and is set by their creator. The NFT industry is still in its infancy and rapidly
innovating.
Non-fungible” more or less means that it’s unique and can’t be replaced with something else.
For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the
same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a
different card, you’d have something completely different.
At a very high level, most NFTs are part of the Ethereum blockchain but its blockchain also
supports these NFTs, which store extra information that makes them work differently from,
say, an ETH coin. It is worth noting that other blockchains can implement their own versions
of NFTs, for example solana, this is another cryptocurrency that has created a blockchain
system.
There are multiple different platforms you can purhcase nfts on such as;
Open sea, veve, ethernity chain etc.
An NFT is a digital asset that represents a real-world object like, for example, the Charlie Bit
My Finger video. NFTs are bought and sold online, frequently with cryptocurrency, and are
generally encoded with the same underlying software as many cryptocurrencies. Although
they’ve been around since 2014, NFTs are gaining notoriety now because they are
becoming an increasingly popular way to buy and sell digital artwork. NFTs are also
generally one of a kind, or at least one of a very limited run, and have unique identifying
codes.
Here are a few images of some nfts that are purchased and sold online;
NFT’s
1. Theta:
Theta is a decentralized video delivery network, powered by users and an innovative new
blockchain. Theta is an open-source protocol purpose-built to power the decentralized
streaming network and will allow for vertical decentralized apps (DApps) to be built on top of
the platform to enable esports, music, TV/movies, education, enterprise conferencing, peer-
to-peer streaming, and more.
2. Axie Infinity:
Axie Infinity is a game about collecting and raising fantasy creatures called Axie, on
Ethereum platform. Besides collecting and raising, you can make a team of Axies to battle in
arena. You can also buy, sell, and trade Axies with others on marketplace.
3. Chiliz:
Chiliz (CHZ) is a digital currency for sports and entertainment platforms. It fuels a scalable,
tokenized voting platform, Socios.com where fans can buy, trade and execute voting rights
in their favorite sports teams.
4. Decentraland:
Decentraland is a virtual reality world where users can buy and build on parcels of land.
5. Enjin Coin
Enjin Coin is a platform that uses blockchain technology for social gaming and virtual goods.
6. Flow
Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation
for a new generation of games, apps, and the digital assets that power them. Flow is the
only layer-one blockchain originally created by a team that has consistently delivered great
consumer blockchain experiences: CryptoKitties, Dapper Wallet, NBA Top Shot.
FLOW token: FLOW is the native currency for the Flow network and the keystone for a new,
inclusive, and borderless digital economy. If Flow is the digital infrastructure, FLOW token is
the fuel that powers the network. FLOW is the currency required for the network and all the
applications on top of it to function. FLOW is designed as a payment method as well as a
long-term reserve asset for the entire Flow economy. The token is used by validators,
developers, and users to participate in the FLOW network and earn rewards. It is also used
for fees and to participate in future protocol governance.
Ecosystem: Flow is a blockchain designed from the ground up for mainstream adoption and
is the only blockchain that builds usability improvements into the protocol layer. Top
developers and some of the world’s largest brands are already building on Flow, enabling
completely new experiences with top-tier content.
Flow has a rich ecosystem comprised of top entertainment brands, development studios,
and venture-backed startups. Flow ecosystem partners include global IP brands like Warner
Music, Ubisoft, NBA and UFC; leading game developers, including Animoca Brands, Sumo
Digital and nWay; leaders in crypto, such as Circle and Binance; as well as several
noteworthy projects among the next generation of high growth start-ups, including Opensea.
7. The Sandbox
The Sandbox is a virtual world where players can build, own, and monetize their gaming
experiences on the Ethereum blockchain using the platform’s utility token SAND.
Players can create digital assets in the form of Non-Fungible Tokens (NFTs), upload them to
the marketplace, and integrate into games with Game Maker.
A LAND is a digital piece of real estate in The Sandbox metaverse that players can buy to
build experiences on top of. Once player owns a piece of LAND, the player will be able to
populate it with games and ASSETS. Multiple LANDs can be combined to form an ESTATE.
8. Wax
WAX is a decentralized platform that enables anyone to operate a fully functioning virtual
marketplace with zero investment in security, infrastructure, or payment processing.
Developed by the founders of OPSkins, the world’s leading marketplace for online video
game assets, WAX is designed to serve the 400+ million online players who already collect,
buy and sell in-game items.
9. Bakery Token
BakerySwap is the 1st AMM+NFT exchange on Binance Smart Chain. BakerySwap bills
itself as the next iteration of Uniswap. It aims to be a faster, cheaper, and tastier version of
Uniswap. Liquidity providers will be rewarded with BAKE tokens from which they can earn a
share of BakerySwap’s trading fees and use for voting as part of BakerySwap’s governance.
The team is an anonymous group of developers who believe in the future of decentralized
autonomous organizations (DAO). It does not believe in pre-sale or tokens pre-reserved for
the team. The team will receive a relatively low share of rewards during the entire BAKE
farming period, which is 1 BAKE for every 100 BAKE farmed.
10. MyNeighbourAlice (ALICE)
My Neighbor Alice is a multiplayer blockchain builder game, where anyone can buy and own
virtual islands, collect and build exciting items and meet new friends.
ALICE is My Neighbor Alice’s native utility token and is used in the following functions:
In-game Currency: Purchase assets and special skill sets in the game and in Alice’s
marketplace.
Governance: Participate in the governance process through a Decentralized Autonomous
Organization (DAO), with proposals and voting structures (e.g. platform operations and
development). Voter incentives will be introduced to encourage voter participation.
Staking: Stake ALICE tokens to earn a percentage of platform revenues (e.g. plot sales,
asset sales, and transaction fees).
Player Incentives: By completing quests in the game, players can earn ALICE tokens. This
design is to encourage user participation in the game and to maintain traction.
