SmarterWorx, The Sandbox and Decentraland
With the recent boom in the NFT market, many investors are looking to get in on the action. With so many options, it can take time to figure out where to start. Fortunately, we have some expert advice to help you choose the right investment for you! We’ll look at SmartWorx, The Sandbox and Decentraland as examples of this type of investment, so you can see how they work in practice.
Understanding SmarterWorx
SmarterWorx is a blockchain-based art marketplace that turns your favorite paintings, sculptures and other works of art into NFTs. It digitizes the chips of NFTs to make them easily tradable on their distinctive marketplace. This means you can own the digital asset of your favorite artwork.
SmarterWorx is based on Ethereum (ERC-20). The coin ARTX is usable in both the metaverse and the universe. Additionally, it has a supply of 1,000,000,000 tokens. The project is expected to grow as it receives revenue through buy and sell fees, NFT sales and token burning. It is also likely to withstand tough market times as the growing art portfolio supports ARTX.
If you’re looking for a way to kick-start your collection of unique and exciting pieces, this project is a great place to start. The SmarterWorx project has a growing portfolio of works; with every purchase or sale you get more ARTX in return.
The sandbox
Sandbox started in 2012 as a mobile game. It is a decentralized metaverse that provides a gaming ecosystem where you can create and monetize virtual assets and gaming experiences. The Sand token (SAND) is used for transactions in the Sandbox.
You can purchase virtual assets, games, and display art (NFT) inside the Sandbox metaverse. In addition, you can monetize your virtual Sandbox property and build your software, products and games. You can also participate in a variety of other business activities.
Decentralized country
The first virtual environment built on Ethereum that exists in reality is Decentraland. People can create, explore and monetize their content and applications in Decentraland. The native cryptocurrency of Decentraland is MANA, an ERC-20 token. You can burn it, use it in-game, or use it to buy LAND (a non-fungible digital asset). In addition, you can host events, participate in games you or other users have created, and connect with other users who use LAND.
The bottom line
The future of NFTs is bright and only getting better. Sandbox, SmarterWorx and Decentraland are all exciting ways to invest. However, SmarterWorx is a platform that brings together artists, collectors and enthusiasts to share their love for these unique collectibles. It’s a great place to get started with NFTs and a great way to grow your portfolio in the process!
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