Top 10 NFT GEMS

NFT, which stands for Non-fungible token, has been gaining traction in the cryptocurrency market for some time now. NFT can be a unique proof of ownership over something you can’t usually hold in your hand, such as a digital coupon, a piece of digital art, or maybe a video clip. Just like digital art, you can’t actually hold an NFT. It is one of a kind of piece of code, stored and protected on a shared public exchange.

In this article, we will look into the top 10 NFT GEMs to watch out for in the year. These coins are below 200 million in market cap with rising trade volumes. With the way NFT is evolving, we could see numerous investments in various NFT projects. Nonetheless, some NFTs are already fetching millions of dollars. Investors, futurists, and big companies are already launching NFTs for profit, publicity, or both. This has led to various speculations on which of the projects are profitable. Let’s get started. 

 

Terra Virtua Kolect $TVK 

# Name Price Market Cap Change Price Graph (24h)

Terra Virtua is a multi–platform NFT ecosystem designed for the mass market. That is, the project issues a regulated marketplace and NFT platform where NFT creators, entertainment brands, and collectors can interact. The platform has web, PC, and mobile AR/VR environments. The platform was built for storing and displaying collections. 

Most of the ingredients that keep the Terra Virtua ecosystem active is its Terradome, Terra arts gallery (Art galleries). While the Terradome is tackling the multibillion-dollar collectible market with its 3D NFT, the Terra Arts galleries have sold thousands of dollars of artworks and have received commendations from both the crypto world and traditional arts. 

TVK is the utility token for the Terra Virtua ecosystem. The owners of the token have access to specific functions of the website. The ERC 20 token is used to stake in the platform. Users are also rewarded in TVK for winning contests, transactions in the ecosystem. The token can also be used to farm NFT and trading. 

You can store the token in Trust Wallet, Ledger Nano X, MyEtherWallet, etc. At the time of writing the price of TVK is $0.61

Rarible $RARI

# Name Price Market Cap Change Price Graph (24h)

The Rarible market was launched in 2020 as an open-source marketplace for buying, minting, and selling NFT collectibles. Rarible is a software that permits digital artists and creators to issue and sell custom crypto assets that show ownership of their digital works. That is, Rarible serves as both a marketplace for those assets, as well as a distributed network built on Ethereum that allows trading without the services of a third party. The platform was the first NFT to roll out its token. The RARI token is the first governance token in the NFT ecosystem. 

The token is used for governance, which allows the creators and collectors to vote on system updates and other variables on the Rarible ecosystem. Also, token holders are able to vote on the pieces they believe should be featured in the marketplace. Users can get the token on the Rarible marketplace. At the time of writing the price of RARI is $33.39.

Polkamon $PMON 

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Polkamon is exquisitely animated digital collectibles created using blockchain technology. Each of the Polkamon is supported by a genuinely unique NFT that is not similar to any other NFT and can be unpacked with $PMON tokens. The PMON is the platform’s utility token and is an ERC 20 token on the Polkamon platform. Each Polkamon collectible is authentic, inimitable, and different from another. 

The Polkamon NFT collection can be integrated into the latest games, art, and other blockchain-connected products. The PMON token can be bought or traded on Hotcoin Global, Uniswap (V2), MXC.COM, etc. 

At the time of writing the price of PMON is $31.68.

Muse $MUSE

# Name Price Market Cap Change Price Graph (24h)

MUSE is another undervalued NFT that should have traded above $100. It is one of the NFT tokens that you should add to your portfolio. It has a low supply and a very low emission rate. With VeryNifty, you can wrap your NFTS and turn them into vNFTs. It is your vNFTs that earn you MUSE once a day by clicking on claim rewards. It is an ERC 20 token on the Ethereum blockchain. 

You can use MUSE to buy different gems and rise in the leaderboard. The higher you are on the leaderboard, the more MUSE you will mine daily. However, you will need to be careful because if you don’t buy gems for several days, your VnFT will die and get burned and won’t be able to mine any more MUSE. You can search for dead vNFTs on the leaderboard, and if they are dead, you burn them and claim 60% of their points by clicking on the skull. At the time of writing the price of MUSE is $60.55. It is one of the top 10 NFT gems to look out for in the year. 

NFTX $NFTX

# Name Price Market Cap Change Price Graph (24h)

NFTX is a platform for developing ERC 20 tokens that are backed by NFT collectibles. These tokens are called funds, and like any other ERC 20 tokens, they are known as fungible and composable. With NFTX, users can create and trade funds based on their favorite collectibles like Axies, CryptoPunks, CryptoKitties, and Avastars, from a Decentralized Exchange (DEX) such as Uniswap. The platform’s unique value proposition is to bring NFTs to light to high-level individuals trading funds based on leading NFT tokens. 

The project’s primary goal is to bridge the gap between decentralized finance (Defi) and NFTs. The NFTX platform supports two types of funds, D1, and D2 funds. The D1 involves an NFT and an Ethereum based ERC 20 contract, while the D2 is called top-level funds, which are balancer pools that make up a combination of D1 funds. At the time of writing the price of NFTX is $159.43.

Non-Fungible Yearn $NFY 

# Name Price Market Cap Change Price Graph (24h)

Non-Fungible Yearn is a Defi platform with the goal of utilizing the full potential of Non-fungible tokens in the Defi sector.  Since Defi is dominated by fungible tokens, which are ERC 20 tokens, this means that they are the same and not different from one another. While ERC 20 tokens are not going away soon, there are still other relevant tokens that people are not conversant with. 

One of them is the ERC 721 token. The ERC 721 tokens are non-fungible tokens. This means that each token is unique and not similar to one another. The ERC 721 tokens are presently used as collectibles. The goal of the Non-fungible Yearn is to re-imagine how these tokens have been used by creating a use case for them in Defi. The NFY is the utility token of the platform. The platform will allow users to stake their various cryptocurrency holdings in multiple different pools to earn an NFY. At the time of writing the price of NFY is $216.50.

VIDT datalink $VIDT

# Name Price Market Cap Change Price Graph (24h)

VIDT Datalink is a hybrid blockchain validation and NFT creation platform. It is already in use by many integrators. The VIDT Datalink tech is based on a robust and straightforward formula that protects and adds value at a minimum expense and effort. The platform utilizes the cloud-to-chain approach, which made VIDT Datalink to already have numerous integrators and publishers using VIDT to secure valuable digital assets like certificates, NFTs, sensor data, firmware. 

Among the notable organizations using the VIDT Datalink to certify and secure digital documents like certificates, invoices, diplomas, and sensor data include; AmSpec, IBM, etc. The VIDT is the governance token of the platform. At the time of writing the price of VIDT is $1.29. It is another top NFT gem to watch out for in the year. 

Item $ARTE

# Name Price Market Cap Change Price Graph (24h)

Item $ARTE is a simple tool to deploy and manage NFTs with two levels of decentralization. The platform combines ERC 20s, ERC 721s, and ERC1155s into a single super standard ITEMs and aims to create a new class of objects on top of the Ethereum network. 

The platform’s goal is to unleash the true power of art, games, dApps, and Defi. The top exchanges for trading in ethArt are Uniswap (V2), Hoo, LBank, AEX, etc. The coin currently has a market cap of $8 million. At the time of writing the price of ARTE is $24.61. It is one of the NFTs to look out for in the year.

Phantasma $SOUL

# Name Price Market Cap Change Price Graph (24h)

Phantasma is a fast, secure, and scalable blockchain solution that permits developers to create decentralized applications (dapps) and facilitate interoperability with other blockchains while maintaining a decentralized governance system. The platform allows users to access digital goods and services like communication, entertainment, marketplace, storage. 

The platform does this using its innovative staking mechanism, dual token system, and its advanced non-fungible tokens. The platform’s goal is to bring a decentralized content distribution system running on the blockchain, with a strong emphasis on privacy and security. Thus, it doesn’t rely on third-party services for something like email, photos, or even videos which can be dangerous. It is while the platform is building something with a strong emphasis on privacy and security. 

The top exchanges trading the token are Bidesk, Kucoin, Uniswap (V2), etc. At the time of writing the price of SOUL is $0.68. It is one of the top NFT gems in 2021.

Alchemist $MIST

This is another top NFT gem to watch out for this year. The Alchemist Coin project is building NFTs and universal vaults while presenting new ways to yield farms. The project’s main aim is to provide LP tokens to get an nFT that users can then use to stake multiple LP tokens. It was developed for a more flexible paradigm for yield farmers. It is an NFT that represents liquidity and which can be used in multiple LP’s at once.

It is one of the bullish projects in the crypto space. That’s because non-fungible liquidity is the next big project in crypto and Defi specifically. Alchemist coin is creating the next generation staking contracts with NFTs. Instead of staking with smart contracts, you stake with an NFT. Also, liquidity pool tokens like Uniswap with half of the MIST coin and half of ETH can be converted into their NFT crucible known as the Universal Vault. You can then take this NFT and invariably use it across other liquidity reward programs simultaneously. It is a great project that could surge in popularity in the future. At the time of writing the price of MIST is $81.76.

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Written by:  Narender Charan

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