NFTs have seen a recent market expansion in the past coupe years and many experts are projecting even more growth. come December 2022, Many savvy investors plan to purchase NFT with grand plans of making money from token profits.
Here are the best NFT tokens to invest in for December 2022: Even though the non-fungible token (NFT) market has taken a hit because of sales declining during the bear market in cryptocurrencies, some collections– like Reddit World Cup collectibles– have actually increased. In fact, NFTs have gotten a lot attention and this part of the cryptocurrency industry has grown exponentially over past year. Even though there’s quite a few options out there, you really only should focus on top NFT tokens.
These are the top 5 NFT tokens to buy in December 2022 for long-term high returns.
One of the best NFT tokens out there, The Sandbox, has seen some impressive adoption rates. It runs on the Ethereum protocol and allows users to create 3D objects in the metaverse – such as people, animals or tools. By letting gamers profit from their creations on various platforms, The Sandbox is looking to revolutionize the gaming industry.
Decentraland is a website that has created a metaverse, which is a virtual reality world where users can make, share, and monetize content and applications. This protocol is based on Ethereum technology and it has seen a 3300% increase in users from the year before. Decentraland has become the go-to place for people looking to experience or create their own Metaverse ecosystem.
Tezos is a Layer-1 blockchain protocol introduced by the Breitmanns. The blockchain project offers a platform that is more scalable for creating dApps. Tezos’ secret superpower is its future-proof architecture, which enables scalability without a hard fork. For users in the DeFi, NFT, and Metaverse ecosystems, the Tezos blockchain is renowned for offering high-performance and inexpensive transactions.
Unlike traditional blockchain initiatives, the Theta network focuses on Transformative video streaming and content delivery. ThisProtocol seeksto improve how users distribute bandwidth using P2P systems.
One of the most popular NFT tokens, Axie Infinity, has been praised as a pioneer in blockchain gaming. Developed by Sky Mavis Tech Companyand released in 2018, this Pokemon-inspired game allows players to collect creatures, breed them, and then battle other teams of three.