New Delhi [India]August 8 (ANI/ATK): Although NFTs have been around since 2014, they did not become known until 2021. Throughout 2021 and 2022, NFTs have developed rapidly. Famous artists even use NFTs in their music videos. Therefore, in this article we will examine two cryptos that are leading the way in the NFT sector.
Mehracki (MKI) and Cronos (CRO) have grabbed the headlines for all the right reasons. Cronos is a leader in the NFT sector, hosting an NFT marketplace called CroSea. Mehracki wants to join this trend and dominate the NFT market with its unique reward system that gives users NFTs for their loyalty.
The many partnerships of Cronos (CRO)
Cronos (CRO) is the utility of the Crypto.com platform. Users of Crypto.com can get fee discounts by using CRO and can stake their tokens to get various benefits. The Crypto.com platform is often endorsed by celebrities. They even have Matt Damon on their website!
Crypto.com has a huge network of partnerships. Have you ever heard of the World Cup? Well, Crypto.com is sponsoring it! It has ties to every sport you can think of. From eSports to the Australian Football League, Crypto.com does it all. That means it will reach the hundreds of millions of fans the sport gets, giving more exposure to Cronos.
As mentioned before, Cronos hosts an NFT marketplace. You can design your own NFTs and sell or auction them on CroSea. The site is easy to navigate and allows the user to mint the NFT for just one CRO token!
NFTs are becoming increasingly mainstream as they gain popularity. Snoop Dogg and Eminem released a music video titled From The D 2 The LBC. In the video, they were portrayed as their Bored Ape Yacht Club NFT characters. As more people drift towards NFTs, Cronos has developed a platform that welcomes them with open arms.
Will Mehracki (MKI) Be The Superior Meme Token?
Mehracki (MKI) has grabbed headlines since the launch of the pre-sale in May. The highly anticipated platform looks to break the trend of zero utility associated with meme tokens. Instead, it wants to create an expansive platform that can cater to any crypto enthusiast. Find out more here.
One of Mehracki’s unique features includes the reward system for holding the MKI token. If you pay for services with MKI or have MKI, you will reach consumption and loyalty milestones. Once they are reached, you will be given NFTs, the rarity of which will depend on the milestone.
These NFTs can then be sold on the Mehracki NFT Marketplace for a significant profit, or you can use them as voting rights for the DAO. The DAO allows you to vote on matters concerning the platform and even allows you to submit your proposals for the community to vote on. That’s right, Mehracki is making sure your voice is heard!
Staking and yield farming are additional services on the Mehracki platform. They have the potential to earn you passive income. Staking your assets means locking your tokens in smart contract managed liquidity, which lenders can lend. Users are rewarded in the form of an Annual Percentage Rate (APY) which is currently 15 percent for at least 30 days!
In summary
Cronos (CRO) has the potential to become the largest NFT marketplace in the market. The huge network of partnerships with various sports teams opens the doors for newcomers to the NFT market.
However, Mehracki (MKI) provides its users with free NFTs for just holding or using MKI, and the NFTs are used for multiple purposes. As a newcomer, Mehracki (MKI) has a lot of potential to lead the NFT market. Confidence was lost with established cryptos following the bear market. Could Mehracki be the alternative?
For more information on Mehracki (MKI), please read this article: Can Mehracki get celebrity endorsements similar to Cardano?
Mehracki (MKI) Links:
Pre-sale: https://buy.mehracki.io/register
Website: http://mehracki.io
Telegram: https://t.me/Mehracki_Official
This story is provided by ATK. ANI will not be responsible in any way for the content of this article. (ANI/ATK)
