What are the top 5 new NFT platforms to watch in 2021?

An inventory of the five most noteworthy new NFT platforms in 2021.

The question of “how to drive blockchain adoption in order to bring it closer to mainstream” has been discussed for years, and in 2021, the answer has finally emerged. This year, NFT has replaced Bitcoin and DeFi in the headlines around the world.

If 2020 was the year of DeFi, then 2021 will be the year of NFT!

It is not surprising that this trend is emerging. Christie’s auction of Beeple’s NFT artwork was the first time the auction house offered a purely digital work at auction, and it ended up selling for $69 million.

Many artists, musicians and others have created their own NFTs to keep up with the trend.

What are the top 5 new NFT platforms to watch in 2021?

Not only that, but NFTs hide a huge potential because they have lucrative properties such as invariance, programmability and uniqueness that are lacking in the physical world, in the original collection, etc.

In fact, although NFTs have been using their novelty to continuously develop more areas, they still haven’t touched the most enormous part of their potential. So the technology is still at the level of continuous learning and exploration.

The current NFT platform

Contrary to popular belief, you don’t need a lot of money to participate in the NFT market. Anyone can generate their own NFTs and sell or buy them for fun or profit.

Most digital art trading platforms allow creators to earn royalties. openSea has been called the eBay of the blockchain by various market analysts, and it has almost everything from art to virtual reality and sports trading cards.

NFT marketplaces like Super Rare, Nifty Gateway and Foundation offer artists roughly 10% royalties on any future sales of their work.

While other platforms focus on providing a lower barrier to entry for creators, Zora operates only for a few dedicated invitees, while Rarible and Mintable allow any user to upload and sell images and text on the site as NFT.

The future of NFT platforms

Binance

In June, Binance will launch Coin NFT, an NFT marketplace and trading platform. This new marketplace is expected to bring together artists, creators, and crypto enthusiasts from around the world.

With its NFT platform, Binance aims to create the most compelling metaverse through unique products and exclusive collaborations. Seamlessly paired with a designed and intuitive digital platform, it brings together artists, creators, and crypto enthusiasts from around the world.

The Coin NFT Marketplace will debut in two main sections: a “Premium Events” section for partners’ most popular events, and a “Trading Marketplace” that allows everyday users to easily create NFTs with minimal cost.

Helen Hai, head of NFT at CoinA, said “Our goal is to provide the world’s largest NFT trading platform with the best casting, buying and trading experience by leveraging CoinA’s blockchain infrastructure and community support to provide the fastest and cheapest solution.”

For the curated “Premium Event” series, artists can earn 90% of the profits from sales, setting a new benchmark for NFT rewards. Users can also deposit their NFTs into a “trading marketplace” and list them for sale or auction at minimal cost.

Binance charges a nominal processing fee of 1% – and the creator or purchaser receives a 1% royalty on all subsequent transactions.

Binance serves millions of users worldwide, many of whom already have access to the NFT space.

In line with our commitment to decentralized finance on a global scale, we will build an inclusive ecozone,” said Chengpeng Zhao, CEO of Binance. This Cryptocurrency NFT marketplace will also provide the highest liquidity and cheapest fees to support creators of low-value artwork.”

Chair

The Chair project will launch in June, and so far Chair.Finance is the most promising to be the world’s first decentralized NFT equity trading platform. The platform will build a new trading system based on the idea of decentralized technology.

Chair project is developed by a very strong team of blockchain experts who have years of experience in the field. You can follow them on Twitter and Telegram to get updates about the progress of the platform.

What makes the Chair.Finance NFT platform so fascinating? It has evolved to explore and bring together in NFT – two uncharted territories of the world – “decentralization” and “exchange of rights and interests”.

In this case, rights and interests represent assets, such as company equity, tokenized company shares, and even key opinion leaders such as celebrities, influencers, and prominent entrepreneurs can represent tokenized assets.

The project utilizes decentralized smart contract technology and DAO governance concept, combined with the uniqueness of NFTs and DeFi, to increase the liquidity of equity assets by providing transaction mining, auction mining, and transaction tax.

On the platform token, BNCH represents users’ equity on the CHAIR platform. BNCH holders have the right to deeply participate in the governance and future development of the CHAIR platform.

BNCH can also be used to purchase goods and services on the CHAIR platform. All BNCH holders are entitled to share in the revenue generated by the development of CHAIRs.

NFT20

Although NFT20 is still in its early stages, the program could eventually be very useful to the rapidly expanding NFT market. It works by creating a specific pool of items for each collectible NFT.

Each time a new NFT is added to the project pool, 100 tokens are minted in the project’s name and made available to the owner. This creates liquidity for the NFT marketplace.

The owner can then use these tokens to purchase another NFT in the pool, or can trade them on Uniswap. Their value will depend on the demand for the tokens in the purchase pool.

“Allowing investors to speculate on the entire project without having to find and buy specific parts based on their own judgment.” This is an objective assessment of NFT and derivatives.

Splyt

Splyt completely turns the concept of NFT on its head. eNFT by Splyt is not equivalent to a digital asset, but represents a real-world item.

Brands and sellers can list their products as eNFTs, creating a globally updated blockchain inventory system to prevent duplicate sales, as no NFT can be sold twice.

Each item’s eNFT has a certificate of authenticity to prevent counterfeits and extortion. all of Splyt’s buy/sell/cast history and ratings are continuously passed down as transactions are made.

Splyt has a built-in commission, no contract to negotiate, and they receive payment immediately after the item is sold, no questions asked. The agreement keeps track of the product’s reputation for dispute resolution and arbitration.

AnRKey X

Gamify everything in the crypto world and combine it with NFT and you have AnRKey X.

AnRKey X is an all-in-one gaming platform in which games can be made and in which in-game items can be bought, sold and traded on the marketplace. They even do liquidity mining by having teams compete against each other to see which pool is performing better.

While the AnRKey X team makes their own games and gorgeous NFT loot, at the same time, anyone else can build game dapps and sell their rare items in gDEX.

In keeping with their brand image, they call AnRKey X “arcade tokens”. These tokens allow users to buy and sell NFTs, compete for rewards and pledge them for revenue farming and liquidity mining.

Just like the arcade, you can use your tokens to play games. More interestingly, you can even have an NFT “item” in a game you’ve never played before, which brings the in-game items to life.

NFT Marketplace

NFT maximum 7-day sales.

What are the top 5 new NFT platforms to watch in 2021?

In just seven days between May 19 and May 26 this year, the top seven NFT sales totaled $2,215.74 million.

Among them Mona Money Matrix topped the list with $3.02 million, while CryptoPunk NFT appeared four times in the list.

Top 5 items to consider in a portfolio.

What are the top 5 new NFT platforms to watch in 2021?

And in the seven-day period from May 19-May 26, the top seven items had total sales of $122,251,679,300,000 with approximately 15,158 sales.

Among the seven items, CryptoPunk led the list with $6.21 million in sales and Sorare with $2.47 million in sales, with Sorare’s sales reaching $13,560.

What are the top 5 new NFT platforms to watch in 2021?
What are the top 5 new NFT platforms to watch in 2021?

In the seven-day period from May 19 to May 26, the top seven trading markets had total sales of $46.66 million and approximately 184,248 traders, with NBA Top Shot leading the way with 87,552 traders.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/what-are-the-top-5-new-nft-platforms-to-watch-in-2021/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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