NFTs have become widespread. They have carved a niche and even have sub-categories. More reason we can now find a broad range of NFTs. NFTs are no longer just tokenized JPEGs, they are now proof of event attendance, in-game assets, virtual pets, land, music, and many more.
As NFTs expand, so do the ways of investing in them. Blockchain enthusiasts can worry less about purchasing a costly NFT before they can invest in it. They can now purchase its tokens. Yes, NFT founders create project tokens (cryptocurrencies) to manage the NFTs ecosystem. Like a ripple, if these NFTs do well, we can expect the tokens to do well too.
Let’s look at some fascinating NFT coins.
Apecoin (APE)
Despite the bear market, Apecoin has been topping the charts as the #1 NFT coin. It has ranked #1 on platforms like Coingecko and Crypto.com. Not surprising as it has the largest market capitalization for NFT coins. But what is so special about Apecoin? Why is it a good investment option?
The Apecoin DAO, a product of Yuga Labs, created Apecoin. Yuga Labs is a team of fascinating NFT creators. They have made some exquisite NFTs like Bored Ape Yacht Club and Mutant Ape Kernel club. They also launched a metaverse platform, Otherside, around the same time Apecoin came.
Yuga Labs thought to make a token that governs the Ape community and rewards its members. Little wonder, Apecoin tokens were airdropped to BAYC NFT holders.
Apecoin holders may be liable to receive certain rewards and exclusive access soon. Like when land deeds were made available in the Otherside, users who received the airdrop could purchase the land deeds for resale.
Apecoin token holders also would be able to vote on proposals and make critical decisions in the ecosystem.
Flow (FLOW)
Flow is a blockchain protocol that Dapper Labs created. Dapper Labs are the brains behind the famous crypto kitties blockchain game that went viral in 2017. If you don’t know what Crypto kitties are, let me give you a quick refresher. Crypto kitties is a game where users can own, breed, and trade digital cats. This game was launched on the Ethereum network.
However, the game crypto kitties were so famous that they rendered Ethereum almost unusable. Invariably, the game was also affected by network lag. So the developers thought of creating another blockchain platform designed to cater for games like theirs. That’s how Flow came.
The Flow blockchain provides a platform for users to create and manage NFT gaming assets. It also provides tools for developers to launch their games, including the beta mode feature.
The Flow token is essential for one to interact with the Flow blockchain. It is helpful for purchases, earning rewards, and becoming a node.
Big Eyes (BIG)
Unlike the two tokens mentioned above, Big Eyes Coin does not have any pre-existing NFTs. However, it intends to make NFTs a significant part of its plans. You may ask, what is Big Eyes Coin about?
Big Eyes is a community token that focuses on making the world a better place. It also intends to onboard new users to the blockchain ecosystem, especially cat lovers. Big Eyes is also a meme coin. It is a meme coin that uses the cat as its logo. It also tells its story from a cat’s perspective.
One of its plans is to launch a set of cute NFTs. It will also create an NFT club where members can quickly access rare NFTs. It will also organize numerous NFT events—virtual and physical—that will bring the NFT community together. To partake in some of the Big Eyes’ plans, one would need its utility token, Big Eyes. Big Eyes is still on presale and can be gotten from the project’s website. If you like this project, there is a good chance of winning some free tokens with this promo code BIGG7240 when purchasing a BIG token.
