2021 is the year non-fungible tokens (NFTs) broke through into the mainstream cryptocurrency market, disrupting the art world and industries beyond it. Since then, NFTs have evolved rapidly, with new projects pouring into the sector. One upcoming crypto project that will drive the NFT sector’s evolution further is Blockonnect.
Blockonnect seeks to compete with the big players in the NFT scene like Decentraland (MANA). Nevertheless, crypto enthusiasts must be sure that it has what it takes to compete in the NFT market and to become one of the best long-term crypto investments.
Without wasting much time, we will look at how Decentraland (MANA) is driving the NFT sectors and what Blockonnect will do, especially when it launches in the cryptocurrency market.
The Land That Time Remembered – Decentraland (MANA)
Launched in 2020, Decentraland (MANA) is a leading metaverse coin that revolutionizes the NFT sector in several ways. With Decentraland (MANA), players can buy, sell, or trade NFTs within the metaverse.
Powered by the Ethereum network, Decentraland (MANA) gives users access to a decentralized 3D VR world where they can purchase LAND, an NFT existing as a parcel of land in the 3D virtual world. Users can then create scenes and erect structures, like parks, malls, event centers, and entire villages on their LANDS, monetize them and earn a profit.
With Decentraland (MANA), users can immerse themselves in content built by other users to interact and play. Users can add NFTs into their scenes, displayed as picture frames. One good thing about Decentraland (MANA) is that it gives users permanent ownership of any LAND they purchase and scenes they build on the LAND.
Decentraland does not currently support the acquisition and use of NFTs in video or audio format. Users can, however, use Decentraland (MANA) to buy, sell or trade NFTs that have 3D representations, like Decentraland wearables, which they can display in picture frames as 2D images.
MANA, the utility token that powers the Decentraland (MANA) ecosystem, can be purchased in many exchanges in the crypto world, including Binance, Coinbase, and much more.
Blockonnect
We cannot say if the upcoming Blockonnect token will live up to expectations, but it has a solid roadmap. The developers of Blockonnect are building on the principle that everyone owns their money, data, and identity.
Blockonnect’s design will allow it to incorporate Blockonnect security and digital assets. One key sector that the crypto project will drive is NFT.
Blockonnet will give users access to an NFT marketplace where users will be able to create, buy, and sell NFTs securely. Additionally, users can participate in auction listings, governance procedures, transaction history monitoring, and more on the marketplace.
It even gets better for early Blockonnect buyers as they can mint and purchase NFTs at lower, more reasonable rates during the first year of Blockonnect’s debut.
Blockonnect will provide maximum security to those who own NFTs and other crypto assets on its platform. Blockonnect will allow users to safely back up and store their digital assets for the long term on its platform while still being accessible for staking and showcasing. It will also allow them to back up and recover crypto wallets, private keys, seed phrases, and PIN codes.
It is unclear when Blockonnet will go on pre-sale or launch on the cryptocurrency market. The token will, however, have a total supply of 50 million tokens.
Undoubtedly, NFTs are still extremely new. However, they are reshaping man’s experience with online content and applications. As a new and innovative technology, developers are yet to unleash NFTs’ full potential.
However, a crypto project like Decentraland (MANA) is already helping crypto enthusiasts witness some incredible things making it one of the best long-term crypto investments.
Blockonnet, like Decentraland (MANA), has a well-planned roadmap that prioritizes NFT. It will take a while before crypto enthusiasts get a feel of its potential, but it has all it takes to storm the NFT sector and cryptocurrency market once it launches.
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