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Non-fungible tokens (NFTs) have continued to witness widespread adoption. NFTs generated about $5.4 billion in profits through sales of tokens in 2021. Currently, the NFT market is worth more than $40 billion, and valuations keep rising.
For savvy investors, we’ve compiled a list of the best NFT crypto to buy now. These top NFTs for 2022 will complement your existing crypto portfolio or offer a starting point if you’re just taking your first steps.
1. Lucky Block (LBLOCK)
Our top recommendation for the best NFT crypto to buy now is Lucky Block’s Platinum Rollers Club NFT collection.
Lucky Block seeks to promote gaming transparency and fairness through a gaming system that offers all players a more viable opportunity to win. As a result, the platform allows for several daily raffle draws, improving players’ chances of winning while lowering their gaming costs.
The platform uses distributed ledger technology (DLT) to provide faster payouts and full documentation and verification. Lucky Block also uses the Chainlink VRF service to provide a dependable source of randomisation.
The much-anticipated Lucky Block Platinum Rollers Club NFT prize draws will commence on May 31st on the platform. Also, the web app’s launch date has been set for May 30th, and investors can now buy Lucky Block on the website with fiat using crypto-wallets.
LBLOCK is currently trading at $0.002123. The crypto asset has seen a downtrend of 7.05% in the last 24 hours, with a 7-day slump of 11.20%. Despite this, LBLOCK has increased by 587% since its listing on PancakeSwap on January 27th, reaching an all-time high of $0.096. As a result of its expanding popularity and long-term potential, the digital asset is an investor’s dream.
2. Theta Network (THETA)
The next best NFT crypto to buy now is THETA.
Theta (THETA) is a blockchain-based technology created specifically for video streaming. In addition, Theta mainnet is a peer-to-peer (P2P) network where users share bandwidth and computational resources.
According to the project’s developers, the goal is to shake up the video streaming business in its current state, where negative user experiences are driven by centralisation, insufficient infrastructure, and high costs. Currently, content providers are earning less money because of the hurdles between content creators and end-users.
Theta’s allure is threefold: it allows users to benefit from higher-quality streaming services, content suppliers to make more money, and middlemen – video platforms – to save money on infrastructure while increasing ad and subscription revenue.
Recently, Sony Electronics partnered with Theta Labs to launch non-fungible tokens (NFTs) that can be viewed in mixed reality through Sony’s Spatial Reality Display. This display allows individuals to experience things in 3D without using typical 3D peripherals. Instead, the Spatial Reality Image follows the viewer’s eye movement and modifies the display accordingly, providing a 3D viewing experience.
NFTs in collaboration with @SonyElectronics are coming soon to Theta blockchain! https://t.co/vLwSVdF28U
— Theta Network (@Theta_Network) May 6, 2022
Subsequently, Sony and Theta will release The Tiki Guy, a 3D Tiki Mask, as an NFT. However, they will produce only 10 of these NFTs. While the NFT drop is designed for 3D viewing, 2D versions will also be available.
At press time, Theta Network’s price is $1.09. The digital asset has seen a downtrend of 2.75% in the last 24 hours and has slumped by 14.77% in the past 7 days.
3. Solana (SOL)
Our next best NFT crypto to buy now is SOL, Solana’s native coin, used for staking and paying transaction fees.
Solana is a technology platform that allows smart contracts to interact with one another. From NFT marketplaces and DeFi to blockchain games, smart contracts support a wide range of applications.
The platform aims to make the construction of decentralised apps (DApps) easier. Also, Solana intends to increase scalability by combining a proof-of-history (PoH) consensus with the blockchain’s underlying proof-of-stake (PoS) consensus.
Solana is well-known for its lightning-fast processing speeds in the cryptocurrency community. Its hybrid protocol enables substantially faster transaction and smart contract execution validation. As a result of its lightning-fast processing times, the platform has also attracted much institutional interest.
Maple Finance, a cryptocurrency capital markets platform, has announced support for Solana and a $45 million fund to assist in expanding the ecosystem. With over $900 million in TVL, Maple claims to have originated over $1.2 billion in loans on Solana.
Presently, Maple offers business borrowers on Solana undercollateralised loans from multiple pool delegates. Initially, this service was exclusively available to Ethereum-based business borrowers. Maple Solana aims to scale the Solana ecosystem and meet the network’s financial demands by leveraging Maple’s on-chain capital-market infrastructure.
Solana currently trades at $40.78, a drop of 7.37% in the last 24 hours. The digital asset has slumped by 22.25% in the past 7 days and is 84.31% below the all-time high of $260.06. This downtrend offers investors an opportunity to buy Solana at a bargain price.
4. Decentraland (MANA)
Next on our list of best NFT crypto to buy now is the native token of the 3D virtual reality platform Decentraland.
Essentially, Decentraland (MANA) is an Ethereum-based virtual reality platform that allows users to produce, consume, and monetise content and apps. If you’re looking for a top NFTs to invest in the metaverse ecosystem, Decentraland is a great place to start. Users can buy virtual land parcels to develop and sell in this virtual world.
Additionally, content creators, individuals, and businesses looking for a new artistic medium or source of entertainment can turn to the platform. Decentraland users make money through leases, promotions, and sharing commercial experiences.
MANA, an ERC-20 token, is Decentraland’s in-game currency and platform exchange medium.
Fidelity Investments has officially created its first immersive metaverse experience, which provides a new approach to learning about investing basics in Decentraland. The platform’s introduction is Fidelity’s latest innovation in developing unique techniques to address consumer needs, particularly for the next generation. Fidelity Investments is the first big brokerage firm to offer a metaverse-based training experience.
At press time, MANA trades at $1.12, a rise of 1.41% in the last 24 hours. However, the crypto asset has seen a downtrend of 5.25% in the past 7 days. This price peg presents an opportunity for investors to buy Decentraland and rise with the market when it flips bullish.
5. The Sandbox (SAND)
The Sandbox, a 3D Metaverse game, rounds off our list of the best NFT crypto to buy now.
Basically, The Sandbox is a blockchain-based virtual world that allows users to create, develop, buy, and sell digital products in a game-like environment.
As the first platform to use blockchain technology in the gaming business, The Sandbox is outstanding. However, the gaming industry remains largely untapped in blockchain use. As a result, The Sandbox aims to unleash the market’s potential by establishing a universe where players can create and collect blockchain-based items.
The Sandbox will create this metaverse of engaged users who contribute to its development by focusing on user-generated material. Also, Sandbox promotes decentralised governance by offering its SAND token, allowing users to submit their thoughts and ideas about the project’s progress.
The Sandbox has announced a collaboration with Jamiroquai, a famous jazz-funk band, to bring the band’s free-spirited personality to the metaverse game. Bravado, Universal Music Group’s industry-leading brand management division, aided this strategic alliance.
Jamiroquai, from London, is a prominent funk and acid jazz band. The band is led by vocalist Jay Kay. Jamiroquai asserts that by building a virtual LAND where people can come together in The Sandbox with a bit of funk, fashion, and freedom, they would be able to communicate digitally with fans and fellow music lovers.
At press time, SAND’s price is $1.40. The digital asset has seen a downtrend of 4.46% in the last 24 hours while dropping by 1.81% in the past 7 days. This price peg offers investors an opportunity to buy Sandbox at a low price.
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