Non Fungible Token (NFT)

What is a token?

Toekn in cryptoworlds are coins construct on blockchain they dont have thier very own blockchain like cryprocurrency.

In lay man langauge we will say token is part that represents some thing properly-defined.

Fungible can replace with identical equal piece having identical price

Exampoles: Credits, Currency, car, home, etc.

What Is Fungible and Non Fungible?

10 USD in my pocket is precisely much like the 10USD for your pocket.
Both 10USD are same in term of marketplace value.

Fungible can be interchangeable

What if the 100USD  in your pocket bears the autograph of Famous Celebrity?

they are not interchangeable now, bcoz it pbecome priceless now as it is uniuqe 10USD own by you.

So your 10 USD become non-fungible means unique Piece.

In crypto world…
Before NFTs,all tokens had been fungible.


One bitcoin in my wallet is valued precisely the same as one bitcoin for your pockets.


However in 2014, new technology known as “monetized graphics” used to create first NFT.

Use Of NFT

NFTs are now being used to commodify digital belongings in artwork, Education, sports, and other enjoyment, with most NFTs a part of the Ethereum blockchain.

Non-fungible tokens can also be bought, and traded on virtual marketplaces.

NFTs are most important part of games.

NFTS can be digital logo, artwork,music audios, certificates,etc.

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01/12/2021 by CRYPTO CURRENCY 0

Metaverse Coin

Entre To World Of Metaverse

Introduction

Metaverse is  new era like in hollywood animation film, surprise movies, tech films.It’s miles the brand new world above net. Presently facebook developing Metaverse era under organization name Meta.

Metaverse is virtual world where one can do the matters that do in actual world. One should purchase land, construct residence, cross for picknic on moon, keep at shops, etc.

We can move for zoom assembly in metaverse, play sport, and so forth. This era is constructed on blockchain

Now as blockchain come crytpocurrency additionally comes. So here again incraese the significance of cryptos.

So we without delay soar to Metaverse coin.

List of top 5  Coins

  1. Decenraland (Mana)
  2. My Neighbour Alice (Alice)
  3. Sand Box (SAND)
  4. Star Atlas (ATLAS)
  5. Enjin Coin (ENJ)

MANA

  1. Mana is a cryptocurrency (ERC 20)  of Decentraland gaming platform.
  2. Mana coin used to shop for an avatar, wearables, land and items and services in Decentraland game.
  3. Indicates boom of 332 time from its launching price
  4. Marketplace capital is $9,148,853,648
  5. Trade on Binance, Mandala exchange, OKEx, CoinTiger, and Huobi global.
  6. Market Rank is 23
  7. Decentralized, on line VR international much like second existence.
  8. Decentraland as you experience the arena in the form of an avatar

My Neighbor Alice 

  1. purchase and very own virtual islands, gather and build interesting items and meet new buddies.
  2. economic system of My Neighbor Alice is all approximately supplying assets and doing jobs other gamers do not want to do.
  3. Deliver assets from one area to any other, seeking to sell your items with a profit.
  4. Shows deep of $3.9723 now price is close to to $19 (as on 30.11.2021)
  5. Market Capital $613,559,712.Forty
  6. trade on  Binance, Mandala trade, Huobi global, FTX, and KuCoin
  7. Marketplace rank is 147

The Sand Box

  1. virtualy and  globaly permitting customers to create, construct, buy and promote virtual property inside the form of a sport.
  2. It’s far aggregate of decentralized self-sustaining corporations (DAO) and non-fungible tokens (NFTs).
  3. Indicates increase of 145 time from its launching rate
  4. Marketplace capital $6,693,849,367.50
  5. Trade on  Binance, Mandala alternate, OKEx, CoinTiger, and Huobi global.
  6. Marketplace rank is 33
  7. Focusing on user-generated content, the Sandbox creates a metaverse of involved players who make a contribution to the platform’s further development.
  8.  The SAND token is a trendy version ERC-20 token

Star Atlas

  1. massive multiplayer video game built on Unreal Engine 5
  2. permitting the game to feature cinema-best, actual-time environments.
  3. Star Atlas games takes you in futuristic technology fiction putting in 2620,
  4. in game 3 important group have emerged and battle  for assets and manipulate  humankind
  5. Value as on 30.11.2021 is $0.1927
  6. Marketplace capital $411,700,634.794.
  7. Trade on  FTX, Bitget, Gate.Io, ZT, and Bitrue. 
  8. Market Rank 253
  9. also plans to provide an NFT market

Enjin

  1.  venture of corporation that gives an atmosphere of interconnected
  2. blockchain-based totally gaming products providing is the Enjin network.
  3. a social gaming platform via which users can create websites and clans, chat, and host digital item shops.
  4. Enjin lets in sport developers to tokenize in-sport objects on the Ethereum blockchain.
  5. It uses Enjin Coin, an ERC-20 token objects use to bought, offered and traded with actual-global fee.
  6. shows increase of 22 instances from its initial cost
  7. market Capital is $three,143,401,761.12
  8. market rank is 56
  9. Trade on  Binance, Mandala alternate, OKEx, CoinTiger, and Huobi global. 

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13/11/2021 by METAVERSE 0

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