Ethereum, Tezos and Dogeliens – 3 leading NFT-based tokens you should invest in today
NFTs have revolutionized the entire DeFi space, as most coins launched in recent times have incorporated NFT generation into their platforms. NFTs have great potential for the future of trading, and already they are in demand in Metaverse spaces, as users need them for use as avatars.
Also more useful possibilities are open to a project if it already supports NFT creation and exchange. Here’s an overview of the leading tokens – Ethereum (ETH), Tezos (XTZ) and Dogeliens (DOGET) – you should get your NFTs from.
Ethereum (ETH)
Ethereum (ETH) was released in 2015 by a 19-year-old programmer, Vitalik Buterin, who co-founded Bitcoin Magazine. The platform was touted to succeed Bitcoin as a more accessible and efficient blockchain system, and it has delivered significantly in that regard.
The Ethereum (ETH) blockchain introduced smart contract features as its first distinguishing feature from the blockchains of the time. Smart contracts are programs written into the platform’s code to validate transactions and complete them as soon as the terms of the transaction are met. The transaction parties do not need to be online before any transaction.
Smart contracts provide faster and more timely transaction processing and security for the transactions on the platform. They are also used in various DApps and tools. For example, NFTs are secured to the native networks by tying them to smart contracts. Then, buyers can complete the transaction by paying the price tag for the token.
Now the Ethereum (ETH) network supports NFT creation across different DApps. NFT marketplaces like Opensea and EtherScan are powered by Ethereum (ETH) or one of the sidechains like Polygon. The marketplaces allow the minting and sale of any form of NFTs.
Ethereum (ETH) has always been a major player in the crypto space, second only to Bitcoin. Despite the crypto collapse, there are several indications that it will rise very soon, as 2023 is believed to be another bullish surge. ETH is selling for $1488 on CoinGecko.
Tezos (XTZ)
Tezos (XTZ) is a decentralized platform not so different from Ethereum. It has a number of DApps, software tools and other web3 components, such as NFTs, on the blockchain.
Tezos (XTZ) is very developer and user friendly, allowing developers to create codes and add them to the protocol without lengthy validations. The blockchain is based on a self-changing protocol, which evolves with each new upgrade. This ensures that the platform does not need to develop forks after protocol changes.
For users, the more DApps, the better. The network makes the DApps available to users as soon as they are uploaded. Tezos (XTZ) also supports an active NFT marketplace, where users can access ready-made NFTs and create their own from various digital content. The platform is particularly fixated on generating art, music, comics and Formula 1 NFTs.
You can get Tezos (XTZ) for $1.76 on CoinMarketCap.
Dogeliens (DOGET)
Dogeliens (DOGET) is a meme coin looking to break into the NFT charts as the platform seeks to produce top quality custom tokens for use in the Metaverse games and sale to other users. The NFT store and Metaverse space will work to ensure that users have access to the full NFT functionality.
The virtual world, Spaceship, is the Metaverse platform for Dogeliens (DOGET). It has games to earn money and the ability to make NFTs from multimedia content. Games to make money use the native token, DOGET, as currency; all in-game purchases and rewards are in DOGET. Like other Metaverse rooms, the spaceship allows users to communicate with each other on the platform through in-game or chat box conversations using their avatars.
Pupstore is the main NFT reservoir for the Dogeliens (DOGET) platform. It lists tokens minted by the developers for sale to members. The University of Barkington completes the three-part ecosystem Dogeliens (DOGET) plans to launch. The university is a virtual learning platform where users get basic and advanced information on using DeFi tools available in the cryptocurrency market. In this way, all users are competent when it comes to crypto trading.
Join Dogelien’s (DOGET) presale today to participate in the next big crypto project. Click this link to get DOGET tokens instantly and learn more here:
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