If you are keen to learn more about NFT coins and tokens, then this page is perfect for you.
Crypto Lists feature a top list of both NFT tokens and coins, followed by answers to a lot of frequently asked questions.
23 Best NFT Coins and Tokens
This is the top list with NFT related cryptocurrencies for United States. There may still be restrictions what people in the your geographic region are allowed to do when it comes to crypto currencies. So make sure that you read up on the regulatory restrictions as well as the terms and conditions for each crypto exchange and consider what is allowed or not allowed. Crypto is extremely volatile and not suitable for everyone to invest in. Never speculate with money that you cannot afford to loose.
Go directly to
- 1 23 Best NFT Coins and Tokens
- 1.1 What is a Non-Fungible Token?
- 1.2 The Most Expensive NFT Ever Sold
- 1.3 What is the best NFT?
- 1.4 Popular Celebrities Who Own NFTs
- 1.5 Blockchains that Support the Minting of NFTs
- 1.6 The Top 3 Major Non-Fungible Token Marketplaces
- 1.7 Where Can I Mint NFTs?
- 1.8 Which are the top NFT artists?
- 1.9 How to Make NFTs?
- 1.10 What is Floor Price in NFTs?
- 1.11 Why are NFT Apes So Popular?
- 1.12 Major Companies that Have Collections of NFTs?
- 1.13 What is the True Value of a NFT?
- 1.14 Where Can I find NFT Airdrops?
- 1.15 Where Might NFTs Go Next?
- 1.16 Books About Non Fungible Tokens that are Worth Reading
- 1.17 FAQ about NFTs
What is a Non-Fungible Token?
A non-fungible token is a cryptographic asset based on a blockchain with unique metadata and identification codes that make them unique and different from each other. Examples of these tokens include video game items, art and collectibles, audio, videos, and other types of creative work.
Although they can be used in a wide variety of applications, non fungible tokens are mainly used to trade virtual art assets. Here, the art creator chooses whether to sell the whole ownership of his work or only sell a series of that digital artwork.
They are different from cryptocurrencies in that they cannot be exchanged or traded at equivalency. Fungible tokens such as cryptocurrencies are identical to each other: thus, they can be utilized as a mode of commercial transactions.
The Most Expensive NFT Ever Sold
In the last few years, NFTs have gained immense popularity and some of them have been auctioned for staggering prices. Here are some of the biggest NFT token sales.
Everydays: The First 5000 Days. In March 2021, a collage of NFTs was sold by NFT creator Beeple for an eye-popping $69.3 million. It became the first digital artwork to be sold at a major auction. This sale broke the record as the most expensive NFT to ever be auctioned. The First 5000 days was sold at Christies.
Human One. Beeple is one of the most successful digital artists and he also has the second most expensive NFT sale which was sold in 2021 for $28,985,000 at Christies.
Punk #7523. CryptoPunks enjoyed an outstanding 2021 and was among the best sales of the year. Punk #7523 heads the list of CryptoPunks and was sold for $11.7 million.
What is the best NFT?
It’s a hard question. What is the best car? For those with almost unlimited budget, like Justin Bieber that bought in total two Bored Ape Yacht Club NFTs for about 1 million USD. For those looking for the best NFT below 1000 USD, or with a totally different budget or interest. You have to look around and find what’s best for you.
Popular Celebrities Who Own NFTs
Some famous people that own or collect NFTs include, but are not limited to Justin Bieber, Snoop Dogg and Eminem.
Nonfungible tokens have attracted plenty of people to their ecosystem, including popular celebrities. Grimes, a Canadian musician, was among the first investors in these digital tokens when she sold about 10 pieces of digital art on Nifty gateway.
Snoop Dogg is also another popular celebrity that owns digital collectibles. He announced in March 2021 that he was launching a collection of NFTs known as “A Journey with the Dogg”. This collection is a culmination of the early memories of the rapper blended with non-fungible tokens.
Eminem’s first non-fungible token collection is titled “Shady Con”. It takes the form of a digital festival and fans can own this collectible on Nifty Gateway. When Eminem was asked why he adores non-fungible tokens, he said that he had a passion for collectibles when he was a kid but it didn’t have a market. As a result, he enjoys recreating some of those collections.
Why are Nonfungible Tokens Auctions So Popular?
Since their introduction to the public, auctions have emerged as the best place to sell nonfungible tokens. They have become popular for one major reason – the seller obtains the maximum price for their digital artwork.
The seller picks their starting price, which is usually low, and then allows potential buyers to fight it out over a predetermined period that has been set by the auctioning platform. The highest bidder at the auction is the one who pays for the artwork and walks away with it
Blockchains that Support the Minting of NFTs
NFT’s can be found on a wide range of blockchains. Here are some of the most popular blockchains for NFTs:
Ethereum (ERC-20). The most popular blockchain that has been used in minting non-fungible tokens is Ethereum. It’s the go-to option because it employs smart contracts and top-notch technology for non-fungible tokens. However, its gas fees ($150) are quite high which makes it unreasonable for low-cost transfers.
Binance Smart Chain (BSC-20). Binance Smart Chain is the blockchain behind the most popular crypto exchange, Binance. Traders and investors can receive a high return on investment as well as instant liquidity from the BSC platform. BSC’s blockchain also employs smart contracts to manage the general flow of transactions.
Solana (SOL). Solana is gradually replacing Ethereum as the preferred blockchain for minting non-fungible tokens because of its Proof of History (PoW). PoW offers low gas fees ($0.00025) and faster transactions per second (around 65,000 tps).
Polygon (MATIC). Previously known as MATIC, Polygon runs on Ethereum’s network. It was established to fix the scalability problems that are experienced in Ethereum currently. As a result, Polygon offers lower costs and quicker transactions as compared to Ethereum, and it also has a user-friendly and intuitive interface.
Cronos Chain (CRO). This is the platform behind crypto.com, and its main objective is to create easier ways to help every user get access to GameFi, DeFi and most importantly, non-fungible tokens.
Cardano (ADA). With gas fees of around $0.4, Cardano is an open ecosystem for minting nonfungible tokens. It makes the entire minting process to be safe, compatible and harmless. The main reason why it’s used is that it’s energy-efficient and it has no scalability problems.
The Top 3 Major Non-Fungible Token Marketplaces
The most used websites acting as marketplaces for NFTs include OpenSea, Rarible and SuperRare.
OpenSea. Presently, this is the most popular and largest NFT site in terms of sales revenue. It offers all types of digital artwork. It also supports creators and has a fairly simple user interface. The marketplace comprises over 150 various payment tokens which makes it attractive to buyers and sellers.
Rarible. Rarible is identical to OpenSea – it has all sorts of collectibles, art and videos that can be sold, bought and even created on the platform. With this platform, users must use the primary token of the marketplace, Rarible (CRYPTO: RARI) to trade.
SuperRare. This is also another marketplace tailored for digital creators. The marketplace comprises 3D images, art and videos for trading. However, digital art collectors can only buy using Ethereum (ETH).
Where Can I Mint NFTs?
For some projects to take off and become popular among crypto enthusiasts, they have to offer mints or airdrop their nonfungible tokens to qualifying individuals. But minting of nonfungible tokens is usually done at the official site for the project or in the token’s community.
When looking for up-and-coming nonfungible token mint, make sure you remain cautious of malicious individuals or projects. You should find as much information about the project as possible and make sure you understand everything from the creators of the project to its intentions.
Which are the top NFT artists?
Hard question.. see if you can get some “names” or a good answer..
How to Make NFTs?
Do you want to know how to generate a NFT? If so, there are plenty of ways you can make your nonfungible tokens. First, you can use an NFT creator app or an NFT art generator. Some of the NFT creator and NFT generator apps include GoArt, NFT Creator, SuperMe and 8bit Painter.
In addition, there are several decentralized applications (DApps) that enable people to make their nonfungible tokens by minting them on a particular blockchain or network. However, you should keep in mind that even if nonfungible tokens can be minted by anyone, that does not necessarily give them value in the real world.
What is Floor Price in NFTs?
The floor price of a NFT is the lowest price it’s currently selling for in a marketplace.
Why are NFT Apes So Popular?
Just like CryptoPunks, the Bored Ape Yacht Club (BAYC) is a series that features non-fungible token avatars that take the form of apes that are disinterested-looking. There are thousands of them, and each ape has a set of attributes that are generated randomly. These avatars also have a powerful community backing them.
The Ape collection has been gaining immense popularity in recent years because owning a nonfungible token from Bored Ape gives you access to drops of extra non-fungible tokens, including the Mutant Ape Yacht Club (a series of mutant apes) and the Bored Ape Kennel Club (dog nonfungible tokens).
Major Companies that Have Collections of NFTs?
NBA’s Top Shot. Top Shot is an online marketplace for trading, buying and selling video highlights of captivating NBA moments. They have a slogan that says, “Own the NBA’s Best Plays”. It is interesting to know that a nonfungible token of Lebron James dunking in a game against Houston Rockets is their most sold asset, having been sold for $387,000.
CryptoPunks. Dating back to 2017, CryptoPunks have been some of the earliest digital artworks in existence. Designed by Larva Labs, CryptoPunks are a series of pixel art images portraying “punks” featuring randomized attributes such as eyewear, headgear, and gender.
Twitter’s Valuables. Twitter also launched their non-fungible tokens platform known as Valuables in 2021. This platform allows Twitter users to put up their tweets for sale.
In addition, Disney is looking for an NFT manager. This shows that more industries are hugely interested in the nonfungible token craze.
What is the True Value of a NFT?
Many crypto enthusiasts often wonder what the true value of a non-fungible token is. Well, the value of these digital art and collectibles is influenced by several factors such as its utility, liquidity premium, ownership history, future value, and so much more.
In the end, a nonfungible token is never worth more than anyone is willing to pay. Some digital artworks are temporarily valued very high, while others are on a constantly upgoing trend.
Where Can I find NFT Airdrops?
NFT airdrops happen when a nonfungible token is given to a qualifying person – in many cases, they’re holders of related projects. But the main factor to consider here is the type of cryptocurrencies that you own.
A great example of an airdrop is when mutant veils were issued to Bored Ape Yacht Club (BAYC) holders, where individuals who owned at least one BAYC nonfungible token were rewarded with an exclusive airdrop of the second project from Yuga Lab. As of February 2022, the airdrop to BAYC holders is valued at $50,000.
People can also receive airdrops if they follow the social media platforms of the respective airdrop issuers. For instance, many NFT collections require that you follow the company on Twitter, Telegram and/or Discord to be part of the nonfungible token airdrop competition.
Where Might NFTs Go Next?
First, mass adoption of nonfungible tokens is almost unavoidable. The sales volumes of nonfungible tokens in 2021 amounted to $25 billion, and this figure is expected to go higher in 2022 and the coming years.
It is also expected that nonfungible tokens will start being used widely in business transactions. How will this be actualized? Since trading of digital certificates is usually done online and via a decentralized blockchain, it can help to carry out business transactions more securely and swiftly.
Books About Non Fungible Tokens that are Worth Reading
Are you looking for books about digital art and collectibles? Here are some of the resourceful books you can read and increase your knowledge regarding nonfungible tokens:
a) The NFT Revolution 2021 – Crypto Dukedom
b) NFT and CryptoArt – Daniel I. Bray
c) NFTs for Beginners: The Ultimate Non Fungible Token– Sam Nakamoto
FAQ about NFTs
Below are a few questions that we got recently. Feel free to contact us with your question.
What does a nonfungible token look like?
A nonfungible token is a special type of crypto asset. It signifies a real-world object such as an in-game item, music, video, or even a virtual basketball trading card. These assets can be purchased and sold off online, mainly with cryptocurrencies such as Ethereum (ETH) and Bitcoin (BTC).
For instance, the first-ever tweet from Twitter’s former CEO, Jack Dorsey, was converted into an NFT and sold at an online marketplace for $2 million.
Do Christies offer nonfungible tokens for sale regularly?
Although Christies does not sell non fungible tokens often, they made sales of nonfungible tokens worth $150 million in 2021. Notably, the most expensive digital artwork, Beeple’s Everydays: The First 5000 Days, was sold at the 225-year-old auction house for $69.3 million.
Which are the most popular Play2Earn games where NFTs are used?
Some of the most popular Play2Earn games include Axie Infinity, Reward Hunters, Farmers World, Binemon, Devikins, Monsta Infinite, and so many more.
Which are the top nonfungible token artists?
Several artists of digital artwork have emerged in the past months – some have become popular and others not. Some of the popular ones based on earnings include PAK (total artwork value is $269 million), Beeple (total artwork value is $172 million), TylerXHobbs (total artwork value is $102 million), DMITRICHERNIAK (total artwork value is $84 million), MATTDESL (total artwork value is $50 million).