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November 30th, 2021

What NFTs Are Most Interesting On Coinbase?

Non Fungible Tokens (NFTs) are unique digital assets that can be used for various purposes.

NFTs are a hot topic in the crypto world right now, and many people want to know what they should be buying. There is a lot of hype surrounding them, but not all of it is warranted. Not all NFTs are created equal. They allow for more creative and diverse game play in video games, but they also have many potential applications. This blog post will discuss what NFTs are worth investing in on Coin base and why you should be paying attention to them.

Let's get started.

 

What Are Non-Fungible Tokens?

Non Fungible Tokens (NFTs) are unique digital assets that can be used for various purposes. NFTs may represent ownership over digital or physical assets, goods, commodities, currencies and other forms of property. Unlike crypto currencies such as Bitcoin, which aim to facilitate the transfer of value between users in transactions, NFT's provide new ways to prove & verify ownership and authenticity. 

This makes them valuable across many use cases, including tracking supply chains/provenance, verifying academic credentials, managing art pieces or collectables, digitizing real-world assets like land deeds or copyrights, to name just a few examples.

 

Why Are NFTs Important?

NFTs are important because they represent digital assets. These can be anything from a Crypto Kitty to an ERC20 token, and the best part is that you only have to purchase one NFT for as many tokens of any kind as you wish. Many people will use their single authenticated wallet on Coin base with all sorts of tokens inside. This means no more having multiple wallets open so that you can buy or trade your favorite crypto collectables. You’ll never need another private key again, thanks to the great user interface presented by Coin base Wallet – sign in using two-factor authentication and access all of your crypto goods via a simple app.

Top NFTs that are worth buying on Coinbase

1. Axie Infinity

Axe Infinity is a popular NFT game that has seen rapid growth in the past few months. The price of Axies has jumped from 30 cents to over $20 (even hitting up to $50), and it's not hard to see why: they are cute, fun and incredibly easy-to-use. New players can get started quickly while veterans can enjoy owning rare pets, which take time and effort - but real money to acquire.
 

3. Farmers World

Farmers World is an NFT game built on the Ethereal block chain that allows users to grow, harvest and trade their produce. It’s currently in beta testing mode but worth checking if you want a project with real use cases for crypto. Farmers World has an ongoing series of auctions for rare, limited edition NFTs that are well worth looking into if you get the chance.  It’s currently in beta testing mode but worth checking if you want a project with real use cases for crypto.


3.The Sandbox

The Sandbox was created by Consensus and focuses specifically on non-fungible tokens. It's a way for developers, designers, artists and other creative’s to build their crypto-collectables through different projects. These include building a CryptoKitty or Theremin inspired game and creating the digital art you can sell for cryptocurrency. Some of these works have been sold for over USD 80,000.


4. Desperate ApeWives

Desperate Apewives is a new NFT from the creator of CryptoKitties. Desperate Alewives are unique because each has a unique name and back-story stored on the Ethereal block chain. The Desperate Alewives Crypto Kitties come with their digital wallets so they can receive funds directly from buyers.  "These hairy apes have seen better days," said Bryce Blaydon, co-founder of Axiom Zen. "They're ready to leave behind their former life as a domesticated pet and become the wild beasts they truly are." Only 50 Desperate Alewives will be available. Each one is expected to sell for at least $25,000.


5. CryptoPunks

The CryptoPunks are a series of unique art-backed digital collectables. Each Punk is numbered and assigned a specific name using the Ethereal Name Service platform, making them easy to identify from anywhere in the world. This makes it simple for you to prove ownership of your one-of-a-kind collectible and provides a name and value to your Crypto Punk. CryptoPunks are presented in an open web-based format, allowing anyone to view and track them easily. All transactions happen on the Ethereal Block chain, making CryptoPunks verifiable forever (or until block chain falls).


6. Bored Ape Yacht Club

Bored Ape Yacht Club is a card in CryptoKitties created by the user "crypto kit dev" and then sold for 246 ETH. This sale would have been worth $60,000 at the time of purchase but it has since fallen to around $16,500 after hitting its peak price. There are only 111 total Bored Ape cards, so you can imagine how rare they must be. The seller claimed this was their first-ever crypto-kitty sell, which may soon be another one available on eBay or other auction sites.


7. Fat Ape Club

The Fat Ape Club is a digital token for membership within the club. The members of this exclusive group are all investors in Rare Peep Cards and participants in other NFTs that EverdreamSoft has created. These tokens confer no rights or ownership to anything but themselves. Each member has their unique collectable card, with only one copy produced anywhere on earth. Members also get access to special deals from merchandising partners of the FAT APE CLUB and priority service support when they need assistance.


8. Art Blocks

The Art Blocks NFT is a tokenized limited edition digital artwork. Each piece can be accessed through the Ethereal block chain and holds no rights for anything but itself. Members receive exclusive access to all merchandising deals from FAT APE CLUB partners and priority service support when they need assistance with their accounts.


9. Parallel Alpha 

It is expected that this NFT will be more expensive than the other ones. Currently, it is available for purchase on coin base, and you can use Bitcoin or ethereal to buy it. This token currently has a price of about $0.28 per unit, making its value way higher compared to others in the market today. The tokens are also profitable since they have more room for growth potentials which means more money if sold at high prices when demand increases over time. This is the future of trading since it has an amazing utility and offers a lot more than traditional exchanges.


10. Mutant Ape Yacht Club

The Mutant Ape Yacht Club (MAYC) is an NFT that combines crypto-collectables with the fun of collecting trading cards. Each card represents a different mutation for your character, and there are 100 total mutations to choose from. This game has real-time multiplayer battles where you fight against other players using Bandai Namco’s Tekken engine. The MAYC NFT can be purchased on Coin base via Open Sea or Ether Delta.

 

The Bottom Line

While many of these NFTs are not worth buying at this moment, that is a little bit subjective. So, if you’re looking to pick up some interesting items from your favorite games or block chain-based projects and want to get them on Coin base for the lowest price possible, now would be a good time to do it. Make sure to consider the above mentioned NFTs.

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