An overview of 9 top projects leading the NFT field.

The NFT field will experience explosive growth in the first quarter of 2021. The combined sales of the top three NFT platforms rose from $7.1 billion to $34.2 billion from January to February. NBA Top Shot is a platform for users to buy or sell officially licensed NBA digital collections, which has attracted widespread attention from NFT, accounting for 67% of the total transaction volume of NFT. Recently, Beeple's NFT artwork "Everydays: The First 5000 Days" sold for a record $69.3 million at Christie's auction house. NFTs are often touted as having the potential to revolutionize gaming, collectibles, digital art, and other areas, but are still exploring their utility, OKEx Insights examines in collectibles, virtual worlds, games, art, and more, based on total sales and sales The top 9 NFT protocols, this article focuses on the following nine NFT protocols: Cryptopunks Hashmasks Sorare CryptoKitties Decentraland Rarible SuperRare Ethereum Name Services 1. NBA Top Shot: Give NFT prime time Officially licensed blockchain app, created in partnership with Dapper Labs and built on top of the Flow blockchain. Each collectible in NBA Top Shot includes a short video of a great in-game moment, accompanied by specific information, including game information, rarity, recent sale notes, and more. These Moments are sold in limited quantities each week and are grouped into categories based on their rarity: Common, Rare, and Legendary. When the platform exits beta, an ultra-rare Tier 4 Ultimate Edition will be available, featuring a one-of-a-kind "Genesis" moment and three "Platinum" moments. The floor price of the "Fat Penguin" sister project Lil Pudgys has risen to 0.79 ETH, a record high in the creation of coin standards: Jinse Finance reported that according to NFTGo.io data, the floor price of the "Fat Penguin" sister project Lil Pudgys has risen to 0.79 ETH. It rose by 9.72% in an hour, setting a record high in the history of the currency standard. In addition, the current market value of the NFT series has risen to 21.17 million US dollars, and the total transaction volume has reached 15.24 million US dollars. [2023/1/5 10:23:47] The popularity of NBA Top Shot has surged, and it ranks among the top in total sales in the NFT field. On February 23, a legendary moment of LeBron James in the Cosmic Series 1 Set sold for $208,000, the highest price ever paid for an NBA Top Shot collectible. As of writing, NBA Top Shot has also garnered more than $427 million in sales, and its collectibles have been owned by more than 333,000 collectors. Looking ahead, NBA Top Shot is expected to feature more features and games. 2. Cryptopunks: Breakthrough sales of cryptocurrency collectibles CryptoPunks are one of the first NFTs, consisting of 10,000 unique characters or "punks." Each punk is owned by one person, and ownership is recorded on the Ethereum blockchain. These punks were given away for free during the initial release, however, they were all quickly claimed and are now traded on the marketplace. Those looking to acquire punks can install MetaMask to connect their Ethereum wallets, and then buy and sell punks on marketplaces like OpenSea. The rarity of a punk is based on its type, attributes and accessories. For example, male and female punks are the most common types, while alien punks only have nine species. Additionally, each punk has unique accessories such as hats, glasses, and more. The value of each punk also depends on the number of attachments it has. Typically, two or three accessories are the most common, while the rarest punks have zero or seven accessories. An explosion in sales and prices of CryptoPunks fueled a surge in the NFT market in February. NFT data provider Cryptoslam revealed that CryptoPunks ranked 16th among the top 18 crypto collectibles sales, while CryptoPunk 7804 set a price of 4,200 ETH ($7.8 million at the time of purchase) The highest collection value so far. Founder of Messari: Decentralized social networking is my primary investment theme for 2023: Golden Finance reported that Ryan Selkis, founder of blockchain analysis company Messari, said, "Decentralized social networking (DeSoc) is my primary investment theme for 2023. ”[2022/12/19 21:54:28] 3. Hashmasks: a unique collaborative art collection The Hashmasks agreement was initiated by Suum Cuique Labs in Switzerland, providing digital art collections created by more than 70 artists from around the world. There are a total of 16,384 unique digital likenesses (or "hash masks") on the web, and each character is unique in its personality, mask, eye color, skin tone, and item. Each hashmask is owned by one user at a time, and the protocol encourages user participation by having owners assign each artwork a unique name. This is done through the platform's native token - called Change Token or NCT. Each holder can claim about 10 NCT generated from their hash mask per day, and when they hold 1,830 NCT, they can burn it and rename the hash mask on the Ethereum blockchain . A record of the provenance of each hash mask can be tracked via the Interplanetary File System. The purchase price of Hashmasks floats proportionally, so the earlier you buy, the cheaper the price. Users who participated in the initial distribution period also received 3,660 NCT each, allowing them to make two name changes to their hashmask. A major difference between Hashmasks and other NFT protocols is the gamification aspect, which incentivizes owners to hold their masks and claim tokens, which are then used to name the mask on the blockchain. Furthermore, 12.5% of all Hashmask characters wore animal masks, while only 5.9% wore pixel masks. At first glance, the pixel mask might seem more exclusive, but the unicorn animal hash mask is even rarer, with only 13 of them. Report: Emerging markets led by Vietnam have driven the rise in global encryption adoption rates: September 14 news, according to the latest report released by Chainalysis, the global cryptocurrency adoption index shows that the global cryptocurrency adoption rate has eased during this year's bear market However, the plunge did not kill the growth in adoption during the bull market. Global cryptocurrency adoption remains above pre-bull market levels, with emerging markets currently leading the charge. [2022/9/14 6:56:19] Since the initial distribution began in late January, sales of Hashmasks have reached 4,004 owners, reaching 27,269 ETH ($45 million). at the time of writing. Hashmask #9939 is priced at 420 ETH and ranks 12th in terms of cryptocurrency collections. Released in 2019, Sorare is a global fantasy football game that allows users to buy, sell and manage virtual football teams using digital player cards. Each digital card in Sorare is a non-fungible token based on the ERC-721 standard. Since it is powered by blockchain technology, Sorare card owners can verify the scarcity and ownership of their cards and transfer them freely. Each player card displays several attributes, such as rarity, average score, and experience points. The three rarity types of player cards in Sorare include: Rare, Super Rare and Unique. Each player card has a unique version, 10 super rare copies and 100 rare copies. To become Sorare's football manager, users must first register their team and apply for 10 general player cards. They can then form a five-man starting lineup and earn points for how well the players perform in actual football matches. Users can also participate in various competitions and earn ETH rewards. Sorare is widely popular as it is officially licensed by world-class teams such as Real Madrid, Bayern Munich, Liverpool and PSG. The platform also recently raised $50 million in Series A funding and partnered with Ubisoft to introduce One-Shot League to their players. To date, Sorare has recorded a total sale of 25,967 ETH with over 12,000 owners. Three Arrows Bankruptcy: The Judge Has Granted Provisional Relief To Prevent The Debtor From Transferring And Disposing Of Assets: According to news on July 12, in the Sanjian bankruptcy liquidation event, the judge has granted provisional relief to prevent the debtor from transferring and disposing of assets in the United States assets. It is reported that the interim relief is a preliminary injunction issued by the court during the pending arbitration proceedings. [2022/7/13 2:08:43] CryptoKitties is an Ethereum-based game that allows users to collect and breed virtual cats. The game's tokens are non-fungible, as each token represents a unique digital cat on the blockchain. These digital cats vary in appearance and characteristics. Given the nature of these tokens, each digital cat represented by an NFT cannot be copied, destroyed or taken away. To start breeding digital cats, users need to deposit ether (ETH) in Dapper, the game's official wallet. There are two ways to breed new kittens: by breeding two of your own kittens or by breeding with a sire (ie, father). Users can get their first kittens by purchasing items in the marketplace or bidding on kittens in the game's "offer" system. Experienced CryptoKitties players strive to collect as many valuable digital kitties as possible. The value of each kitten depends on its rarity. "Generation 0" is the rarest kitten, with a fixed supply of 50,000. This makes Generation 0 kittens scarce, and their value increases over time. In addition, kittens with low ID numbers are also considered rare kittens, including Exclusive cats or Founder cats, both of which can be traded at a higher price on the CryptoKitties marketplace. CryptoKitties was the first NFT protocol to gain mainstream attention in late 2017. The game has garnered a lot of attention since users can breed rare cats and resell new Kitties for a profit. Even though CryptoKitties’ “prime-time” is over, the game retains its iconic status as the leading protocol in the NFT space. Currently, CryptoKitties has a total historical transaction volume of more than 66,000 ETH, or about $32.8 million at the time of writing, with a total of nearly 2 million NFT assets created. The Web3 Foundation has become a partner of the World Economic Forum: According to Jinse Finance, according to Polkadot's official news, the Web3 Foundation has been invited to become a partner of the World Economic Forum. It is reported that the current World Economic Forum will be held in Davos-Klosters, Switzerland from May 22 to 26, 2022, and the Web3 Foundation plans to use its participation to promote its participation among the world's largest group of decision-makers. A collaborative project to help global leaders and their organizations understand the potential benefits to the world of decentralization and its underlying blockchain technology. [2022/4/4 14:03:07] Decentraland, powered by the Ethereum blockchain, is a decentralized virtual world that allows users to use custom avatars, trade collectibles to participate in the governance process of the virtual world. To begin exploring Decentraland, users first need to connect to a web browser using their crypto wallet. Users can then choose and customize their avatars, and each avatar is given a virtual passport representing their identity in Decentraland. After the user completes the initial setting of the avatar, they can start to build their own community and purchase rare digital assets. Participating in Decentraland requires both NFT and FT. MANA is the digital currency used in the Decentraland marketplace. Each MANA token is interchangeable with another MANA token. MANA can be purchased from exchanges, and users can then use MANA to buy land, in-game items, and even unique names on the market. In addition to the Decentraland marketplace, users can also purchase supported items on NFT marketplaces such as OpenSea. Decentraland also uses NFT LAND to represent ownership of parcels and properties. LAND is an irreplaceable digital asset maintained by an Ethereum smart contract that represents virtual land in Decentraland. Each LAND token represents a unique piece of land that can be traded on the Decentraland marketplace. Users can also cast governance votes on Decentraland, with voting rights coming from three sources: Wrapped MANA: MANA converted to WMANA, each WMANA equals one voting unit Land parcels: each parcel equals 2,000 voting units Strata: each stratum Equal to 2,000 voting units Users can vote on a variety of governance topics including: Features and upgrades of land and plots Market fees Allocating MANA for development work Adding new wearables to the Decentraland world, builders and marketplaces Decentraland currently has With a transaction volume of 147,830 ETH ($2.48 million), there are already 96,000 game assets. Rarible is an NFT marketplace created in January 2020 by Alexander Salnikov and Alexei Falin. Allows users to mint, buy and sell their rare digital collectibles. Rarible supports a variety of digital collectibles and products, including digital art, domain names, DeFi insurance policies, memes, and the metaverse. Minting of digital collectibles in Rarible is relatively simple.

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