NFT and Its Rise
NFT's (Non-Fungible Tokens) are, in essence, collectible digital assets, which hold value as a form of art or culture. These digital assets, which are unique and indivisible, can be bought, sold, stored, and exchanged on a blockchain. Indivisible means we can not buy half or some of the NFT like Fungible tokens.
Here we have some NFTs sold recently.
Everydays: the First 5000 Days ($69.3 million)
"Everydays - The First 5000 Days" is a JPG file that contains a collage of images created by Beeple, a single picture is usually sold at auction, but here you'll find almost everything the artist has made since he began displaying his work online in 2007.
CryptoPunk #7804 ($7.57 Million)
The Punk #7804 is another Alien, and this time it comes with a pair of small shades, a smoking pipe with a few clouds of smoke rising out of it, and a front-facing cap, 378 punks come with Pipe, and 317 punks come with small shades. Aliens, Apes, and Zombies are among the uncommon CryptoPunks, in addition to the regular CryptoPunks.
- Crossroads ($6.6 Million)
The artwork is based on the presidential election in 2020. The artist created two versions of this, one for if Trump wins and the other for if Trump loses. And the video would vary depending on the election results.
This means that the blockchain needs to enable its users to create unique tokens in order to offer them. Someone without extensive knowledge of the cryptocurrency industry could create their own NFT which has a unique identifier that proves ownership of a digital item.
These cryptographic tokens are perfect for digital art, but there are many other sectors betting on this technology
Collections: Similar to trading cards, but in digital format. A one of a kind Cristiano Ronaldo NFT has been sold for $290,000 on the fantasy soccer game Sorare.
The Cristiano Ronaldo NFT overtakes the value of an NFT card of a LeBron James on the NBA Top Shot platform sold for $208,000.
NFT CarD OF A LeBRON JAMES
Games: NFTs can be used to represent assets in video games, such as a house, a terrain, or virtual food, which are owned by the player. There are different NFT based games that got very popular recently, Cryptokitties is one of those, that is the most popular blockchain-based game, and the second top decentralized application.
CryptoKitties | Collect and breed digital cats!
Collect and trade CryptoKitties in one of the world's first blockchain games. Breed your rarest cats to create the…www.cryptokitties.co
A Decentralized Gaming Platform Made By Players
The Sandbox is a virtual world where players can play, build, own, and monetize their virtual experiences. We empower…https://www.sandbox.game/en/
The Six Dragons -
World's First Blockchain Open-world RPG.
Discover an exciting fantasy world, craft items that you truly own and participate in a player-owned, decentralized…thesixdragons.com
Sorare Global Fantasy football
MegaCryptoPolis 3D -
Decentralized City Builder dApp Game - DeFi Powered $MEGA Token - Collectible…
MCP3D launches $MEGA - DeFi powered ERC-20 Token making in-game Resources liquid, enabling staking, yield farming.
Neon District is a cyberpunk role-playing adventure and flagship game developed by Blockade Games.neondistrict.io
Age of Rust
Age of Rust is a blockchain, dark sci-fi action-adventure game set in the vast expanse of the universe.
The above mentioned are some of the games running on different blockchains.
Music: NTF's allows musicians to release their work.
Also in February, Grimes auctioned off almost $6m worth of digital artwork via Nifty Gateway, a popular channel for NFT sales.
Cinema: Oscar-nominated documentary "Claude Lanzmann: Spectres of the Shoah" is the first Academy Award nominee to be released as an NFT
Sports: NBA player Spencer Dinwiddie tokenized his contract so that others could invest in him.
Fashion: Nike has a patent that allows an NFT to be attached to physical products, such as a pair of trainers, and is called CryptoKicks.
Art: Digital artist Mike Winkelmann, known as Beeple, made history in March when his NFT titled "Everydays: The First 5000 Days" sold for over $69 million at auction at Christie's.
Others: Twitter founder Jack Dorsey auctioned his first tweet with a price tag of $2.9 million. Inevitably, influencers are the next wave trying to tokenize their own popularity.
Some of the popular NFT platforms on different blockchains:
OpenSea: Buy NFTs, Crypto Collectibles, CryptoKitties, Decentraland, and more on Ethereum
Set up your wallet Once you've set up your wallet of choice, connect it to OpenSea by clicking the wallet icon in the…opensea.io
2. Nifty Gateway
Nifty Gateway is the premier marketplace for Nifties, which are digital items you can truly own. Digital Items have…niftygateway.com
3. Rarrible: Create and sell digital collectibles secured with blockchain.
Rarible: NFT Marketplace
Turn your products or services into publicly tradable itemsrarible.com
SuperRare | Authentic Digital Art Marketplace
SuperRare is the digital art market on Ethereum. Each artwork is authentically created by an artist in the network, and…superrare.com
Foundation is a creative playground for artists, curators and collectors to experience the new creative economy.foundation.app
6. Binance NFT: A marketplace for NFTs and digital collectibles deployed on BSC
7. Bakery Gallery
Know more about our exclusive drops, that bring the best quality to Binance Smart Chain. Discover our selection of top…gallery.bakeryswap.org
Fangible is a decentralized social media platform where Fans can seamlessly mint, purchase, sell, and trade NFTs…fangible.com
9. Rocki, Music NFT Platform
ROCKI is a next-generation music streaming service and music NFT platform built on BSC. ROCKI rewards both the artists…rocki.app
10. Air NFT: is the NFT marketplace built on Binance Smart Chain focusing highly on user experience and ease of use to Create, Buy, Sell and use NFTs. Best NFT Market | NFT Marketplace on BSC | Binance NFTs |Airnfts is NFT marketplace built on Binance Smart Chain where you can Create, Buy and Sell NFTs, ERC721, Collectibles…www.airnfts.com
11. Seascape Gaming NFT: Seascape Network aims to create an environment that will allow users, developers, and stakeholders to play, earn, and share experiences in an incentivized way.
Seascape Network is an incentivized ecosystem consisting of gamers, developers, and influencers. By gamifying the…bsc.seascape.network
12. Dego Finance: Dego Finance is an NFT+DeFi protocol and infrastructure with two functions: The project acts as an independent and open NFT ecosystem drawing users to the blockchain space.
13. NBA Top Shot: A new era in fandom - beyond repping your team, or loving your favorite player. Now, own basketball's greatest Moments with NBA Top Shot. Thousands of NBA Fans from around the world collecting over 10 million Top Shot Moments.
14. Atomic Market: is a smart contract that can be used by any marketplace to buy and sell AtomicAssets NFTs using a shared liquidity
AtomicMarket - EOSIO smart contract for NFT marketplaces
AtomicMarket is a smart contract that can be used by any marketplace to buy and sell AtomicAssets NFTs using a shared…wax.atomicmarket.io
15. Foundation: is a creative playground for artists, curators, and collectors to experience the new creative economy.
Foundation is a creative playground for artists, curators, and collectors to experience the new creative economy.foundation.app
16. Myth Market: Myth Market is a series of convenient online marketplaces supporting various brands from Topps to Blockchain Heroes and William Shatner on the WAX Blockchain.
Myth Market " Your Marketplace for digital Trading Cards
Myth Market is a series of convenient online marketplaces supporting various brands from Topps to Blockchain Heroes.
If any of the readers of this post want to sell anything such as digital art, music, sports NFTs, etc., he/she can visit any of these platforms and sell their NFT easily.
If you like this article and want to know more about NFT and other projects of Blockchain, you are welcome to join us. Thanks