![]() Enter the collectible side of the GameFi universe where purchasing Axies can actually be an investment by players. The game itself sees players collect, breed, and trade creatures called Axies, which also happen to be NFTs. These tokens are currently trading at just over $72 USD per token, with a total supply of 270 million AXS. Players can buy the Ethereum-based tokens called Axie Infinity Shards, which can be purchased on crypto platforms like Binance and. The game itself is a disguise for the staking and liquidity side of decentralized finance or DeFi. ![]() Axie Infinity (AXS)Īxie Infinity flew to mainstream recognition as being one of the first major GameFi titles that allows players to make a legitimate living playing the game. Let's get into the top NFT tokens to watch in 2022. ![]() Let’s take a look at the current top 20 NFT tokens by market cap, but remember, crypto market caps change on a daily basis so keep in mind the top 20 today may not be the same list tomorrow. As far as NFT-related crypto tokens, the largest (currently) has a market cap of only $5 billion, and is the 34th largest crypto project by market cap.Ĭonsidering all of the potential uses for NFTs beyond collectibles, many of these top NFT-coins might be worthy of adding to your crypto watchlist. This is what has primarily led NFTs to have so much influence in the collector market: since NFTs are coded into the blockchain they have a legitimate authenticity to them.ĭespite how frequently we see the term NFT being mentioned, the industry is still very much in its infancy. It stands for Non-Fungible Token, which is a complicated way of describing data that is not replicable off of the blockchain. It seems like this little three-letter acronym is everywhere these days from the crypto investing markets to celebrity product placement.
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