What are some popular NFT cryptocurrencies that beginners should consider?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure! One popular NFT cryptocurrency that beginners should consider is Ethereum. It's the most widely used blockchain for NFTs and has a large community and ecosystem supporting it. Another option is Binance Coin (BNB), which is the native cryptocurrency of the Binance exchange. BNB has gained popularity in the NFT space due to its low transaction fees and wide availability on various NFT marketplaces. Additionally, Flow is a blockchain specifically designed for NFTs and has gained traction with popular NFT projects like NBA Top Shot. These are just a few examples, but there are many other NFT cryptocurrencies worth exploring for beginners.
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• Dec 16, 2021 · 3 years ago
  If you're new to NFTs and want to start with something simple, consider looking into Rarible (RARI). It's an NFT marketplace that allows users to create, buy, and sell digital assets easily. RARI has its own token that can be used for governance and staking on the platform. Another option is Enjin Coin (ENJ), which focuses on creating and managing NFTs for gaming. ENJ has partnerships with major gaming companies and offers a user-friendly platform for creating and trading NFTs related to games. Remember to do your own research and consider factors like market demand, project team, and community support when choosing NFT cryptocurrencies.
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• Dec 16, 2021 · 3 years ago
  BYDFi is a decentralized finance platform that also offers NFT capabilities. It allows users to create, buy, and sell NFTs directly on the platform. BYDFi has a user-friendly interface and supports various NFT standards like ERC-721 and ERC-1155. It's worth considering for beginners who are interested in both DeFi and NFTs. However, always remember to do your own due diligence and assess the risks involved before investing in any cryptocurrency or NFT project.
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