Popular NFT Tokens 

nft tokens

Growth of NFT:


The non-fungible token (NFT) market has been mushrooming in recent years. The Popular NFT Tokens concept originally comes from the Ethereum token standard, which aims to distinguish each token using distinguishable characters. This type of token can be associated with virtual/digital properties as their unique identification. With NFTs, all tagged properties can be freely traded with customized values ​​according to their age, rarity, liquidity, etc. This has greatly fueled the prosperity of the Decentralized Application (DApp) market. At the time of writing (May 2021), the total money used for completed Popular NFT Tokens sales has reached $34,530,649.86. A thousand-fold return in a growing market is attracting huge attention around the world. However, the development of the NFT ecosystem is still at an early stage and NFT technologies are mature. Newbies can get lost in their frantic development due to the lack of systematic summaries. In this technical report, we examine NFT ecosystems in several aspects. We begin with an overview of state-of-the-art NFT solutions, then provide their technical components, protocols, standards, and required features. We then provide a security evolution with discussions of their design model perspectives, opportunities, and challenges. To the best of our knowledge, this is the first systematic study on current NFT ecosystems.

Concept of NFTs:

The concept of NFTs was first introduced in 2012 with Bitcoin’s “Colored Coins”, which referred to tokens that represent any type of physical assets, such as real estate properties, cars, and bonds. In their current format, NFTs were implemented in 2017, when Dieter Shirley, a contributor to the Ethereum source code repository and founder of the digital collectibles game Crypto Kitties, introduced the ERC-721 smart contract standard, which allowed for the creation of a new type of Ethereum tokens. Shirley explained the standard would allow for the implementation of “non-fungible tokens”, also “referred to as ‘NFTs’”, providing “basic functionality to track and transfer ownership of NFTs” on the Ethereum blockchain. 

List of Top 10 Popular NFT Tokens:

1. Land of Dicentra:
Dicentra land is a virtual world where you can own land and experience it. Earth is permanent and rare, so you can build an unchanging history of your creations.

2. Crypto kitties:

Crypto Kitties are digital cats that you can breed, collect and trade on the Ethereum blockchain. Each cat has a unique set of genes that determine its appearance, personality, and other characteristics.

3. ERC20 Token:

ERC20 tokens can be used to represent anything from financial assets to utility tokens.

4. Bitcoin:

Bitcoin is a decentralized cryptocurrency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate without a central authority or banks; the management of transactions and the issuing of bitcoins is done collectively by the network.

5. AXIE INFINITY:

Axis Infinity is a blockchain-based game that allows you to collect, breed, and trade virtual creatures known as Axis.

6. DECENTRALLAND:

In Decentraland you can explore the virtual world and interact with other users in a completely decentralized way. The world is built on the Ethereum blockchain, which enables secure and trusted interactions between users.

7. ETHEREUM NAME SERVICE:

The Ethereum Name Service (ENS) is a decentralized system that allows you to register and distinguish human-readable names on the Ethereum blockchain.

8. ENJIN COIN:

ENJIN COIN is a digital currency that can be used to purchase items in games and apps

9. IMMUTABLEX:

IMMUTABLE is the world's first decentralized exchange built on the Ethereum blockchain. With IMMUTABLEX you can trade any ERC20 token in a secure environment.

Conclusion:

As I discussed above the top Nfts to invest in in 2023 and you have the highest chances of getting a profit by investing in these tokens, NFTs are growing rapidly and these are the digital assets.