What cryptocurrencies or tokens have been used for buying and selling NFT's?
NFTs
are on everyone's lips as they are a great way to invest in unique items but
can you invest in the companies associated with these NFTs? Yes, and it's
easier than you think.
Another
question you may ask yourself is: but what can we buy an NFT with? They are
unique, digital files. How do I buy one? Like any online purchase, really. We
have to find out what we want to buy as the method of payment or purchase could
vary. It is not a single website or a global market where you find this kind of
content, but there are many options to buy NFTs.
How
to buy, then? It will depend on the NFT itself, on the website where you are
going to buy it. Using pages like Coin Ranking, you can see some of them, and
from the web, you can go directly to buy them. There are also specialized
websites such as Makersplace, a Marketplace, to find "unique digital
creations" and where you can purchase or sell your creations in the
corresponding section.
How
are they paid?
As
we have explained in the buying and selling section, it depends. It depends on
what you buy or where, if you are the first buyer or not. But generally, we can
say that they are bought using cryptocurrencies. To do this, you connect a cryptocurrency
wallet to dedicated stores or marketplaces, and so you can manage your
purchases and sales. Depending on the website or the investment you are going
to make, you can connect specific wallets. However, they are generally
compatible with Coinbase Wallet or MyEtherWallet, as we have seen in some of
the NFTs websites or marketplaces. But once you enter the NFTs market, it is
advisable to do it with a digital wallet or a cryptocurrency that can be Bitcoin,
Ethereum, Bitcoin Cash.
What
are the Best NFT Cryptocurrencies?
·
Wax (Wax)
WAX (WAXP) is a digital asset with a market
cap of $386.4M. WAX ranks 137th in global cryptocurrency rating with an average
daily trading volume of $49.8M. Currently, its price is around $0.25 approx.
Basically,
and in a nutshell, Wax is an online platform that allows you to buy, sell and
trade all kinds of virtual items. They call themselves "The King of
NFTs."
WAX
is a blockchain and token protocol specially designed to make e-commerce transactions
faster, easier and safer for all participants.
·
Chiliz (CHZ)
They
define themselves as follows:
"The
world's leading provider of blockchain technology for sports and
entertainment."
Chiliz developed the Socios.com sports fan
engagement platform based on the Chiliz blockchain infrastructure and uses $
CHZ as the exclusive currency on the platform.
Chili
is a currency option for blockchain-backed products and services targeted at
mainstream consumers.
·
Flow (FLOW)
Investors
include significant backers such as Andreessen Horowitz, Warner Music Group,
Union Square Ventures, Digital Currency Group, and more.
The
idea for a new blockchain targeting gaming and social networks was conceived
after Ethereum faced major scalability issues, as seen with high transaction
fees during the CryptoKitties hype. The Flow team deduced that shards and
sidechains were not long-term solutions for applications struggling with
performance.
In
search of optimization, the company decided to push its project, and Flow
was born.
.jpg)
Comments
Post a Comment