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Get in on the Ground Floor: Top 10 NFT Utilities You Should Know

With the market cap of crypto continuing to rise, it’s becoming increasingly important to separate the potential game changers from the mediocre projects. And one of the best ways to do that is by researching current or upcoming Non-Fungible Token (NFT) projects on the Ethereum blockchain. But with so many NFT projects vying for investor attention, it can be difficult to know where to start until now! Here are our top 10 NFT projects you should know about now!

Number 1 – CryptoKitties

If you’re looking for an entry point into the world of non-fungible tokens, look no further than CryptoKitties. This project was one of the first to introduce the concept of an NFT, and it remains one of the most popular today.

CryptoKitties allows users to breed, buy, and sell digital cats, with each cat being a unique NFT. The game was so popular at one point that it caused congestion on the Ethereum network! Even if you’re not a cat person, CryptoKitties is a great way to get started with NFTs

Number 2 – NFTuloan

NFTuloan is a project that allows you to loan money using NFTs as collateral. 70% of the interest paid by the borrowers goes straight to the liquidity pool, which all lenders benefit from it. This makes it a great deal for lenders, as they can earn interest without having to worry about the borrower defaulting on their loan.

Additionally, NFTuloan offers a buyback guarantee, meaning that if the borrower defaults on their loan, the lender will get their money back plus interest. This makes it a low-risk investment for those looking to get into the world of NFTs.

Number 3 – V-dice

V-dice is a new decentralized gambling platform that allows users to bet on the outcome of virtual dice rolls. The platform is built on the Ethereum blockchain and uses smart contracts to ensure fairness and transparency.

V-dice is still in development but has already attracted attention from some big names in the crypto community. If you’re looking to get involved in an up-and-coming NFT project, V-dice is one to keep an eye on.

Number 4 – Ox Project

Ox Project is one of the most popular NFT projects and it’s no surprise why. The team behind 0x has created a platform that is both easy to use and very powerful. With Ox, you can easily exchange any Ethereum-based token.

Plus, the team is constantly adding new features and improving the platform. If you’re looking for an NFT project to get involved with, Ox is a great choice.

Number 5 – Decentraland

Phantasma is a next-generation content distribution platform that’s built on the blockchain. It allows for fast, secure, and decentralized content delivery.

Plus, it has a built-in exchange that makes it easy to buy and sell content. And with its recent partnership with Samsung, it’s poised to become one of the leading NFT platforms.

Number 6 – Phantasma

Phantasma is a great project for those looking to get involved in the world of NFTs. The team behind Phantasma is experienced and has a strong vision for the future of the project.

Additionally, Phantasma has a working product and is already seeing adoption by some of the biggest names in the industry.

Number 7 – IOSToken

IOSToken is a project that is looking to create a more efficient, decentralized internet infrastructure. IOSToken aims to provide a foundation for the development of scalable apps and smart contracts.

IOSToken has been able to gain traction in the crypto community due to its unique approach to consensus and scalability. If you’re looking for a project that has the potential to change the way we interact with the internet, IOSToken is one to keep an eye on.

Number 8 – Ripio Credit Network (RCN)

Ripio Credit Network is a decentralized lending platform that allows users to access loans without a bank account.

The platform uses Ethereum and smart contracts to create a trustless system. RCN is one of the few projects that is operational and has a working product. The team has been able to secure partnerships with major players in the crypto space such as ShapeShift, Radar Relay, and Bity.

Number 9 – Enjin Coin (ENJ)

Enjin Coin is a cryptocurrency for virtual goods. It was one of the first to use the ERC-1155 token standard and is also one of the largest communities in the NFT space.

ENJ can be used to purchase, trade, or sell virtual goods, and has been adopted by some of the largest gaming communities.

Number 10 – SelfKey (KEY)

SelfKey is an identity management system that allows users to take control of their data. The project is built on the Ethereum blockchain and uses the ERC-721 standard for non-fungible tokens (NFTs).

Conclusion

Non-fungible tokens (NFTs) are gaining popularity in blockchain-based games as well as other industries, but it can be difficult to know where to start if you’re new to the world of digital collectibles. To help you out, we’ve rounded up some of the most popular NFT projects and listed them below—but first, let’s take a look at what exactly makes an NFT different from other blockchain tokens.

 

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