NFTs (non-fungible tokens) are gaining in popularity among DeFi projects. NFT is essentially a collectible digital asset that has value as a form of cryptocurrency and as a form of art or culture. Art is largely seen as a valuable investment, and so are NFTs. But which NFT tokens are in particular demand in July 2021? DeFi Coin has been called one of the most interesting NFT tokens, and we also give a brief overview of Theta (THETA), Tezos (XTZ), Chiliz (CHZ), and Decentraland (MANA).
1. DeFi coins
DeFi Coin (DEFC) has been called one of the most popular NFT tokens in the past few weeks. While the DeFi coin is already listed on VinDax, it is now listed on Pancakeswap. More listings are already being planned on Coinmarketcap and Coingecko.
In the future, the DeFi Coin network will enable participants to exchange currencies with each other in a decentralized manner and without intermediaries. To put this into practice, DeFi Coin relies on three main features: Bonuses for users, liquidity pools and burning coins.
DeFi Coin (DEFC) Coming Soon on Pancakeswap
The development of the DeFi Coin protocol is progressing at lightning speed. The price of DeFi coin was able to increase in a very short time, so another important milestone for NFT coin is right around the corner: listing on Pancakeswap. So soon it will be possible to buy the token via the exchange.
Furthermore, an in-house application and training materials for the DeFi Coin platform are already being worked on.
2. Theta (Theta)
Theta (THETA) is a blockchain-powered network designed specifically for video streaming. Launched in March 2019, Theta mainnet operates as a decentralized network where users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is being advised by Steve Chen, co-founder of YouTube and Justin Kahn. One of the founders of Twitch.
Theta owns its own native crypto token, THETA, which performs various governance functions within the network and considers Google, Binance, Blockchain Ventures, Gumi, Sony Europe and Samsung as the institutional validators.
3. Tezos (XTZ)
Tezos is a blockchain network based on smart contracts and is not much different from Ethereum. However, there is one key difference: Tezos aims to offer a more advanced infrastructure – which means it can evolve and improve over time without the risk of a hard fork. This is something that both Bitcoin and Ethereum have struggled with since their inception. People who own XTZ can vote on protocol upgrade proposals submitted by the developers of Tezos.
This open source platform considers itself “secure, scalable, and durable” — and says its smart contract language provides the precision needed for high-value use cases.
4. Chili’s (CHZ)
Chiliz (CHZ), the leading digital currency for sports and entertainment, powers the first blockchain-based engagement and rewards platform Socios.com. Fans can buy and trade Branded Fan Tokens and have the ability to participate, influence and vote in polls and polls related to the club.
Founded in Malta in 2018, the company’s vision is to bridge the gap between active and passive fans and provide millions of sports fans with a fan icon that represents a token share of impact. Accordingly, Chiliz is an NFT token for July 2021.
5. Decentraland (MANA)
Another NFT token that is very cheap at the moment is the Decentraland token. Decentraland (MANA) defines itself as a virtual reality platform based on the Ethereum blockchain that enables users to create, experiment and monetize content and applications. In this virtual world, users buy land that they can later drive, build on and monetize.
Decentraland was launched after a $24 million initial coin offering (ICO) that was made in 2017. The virtual world launched its beta version in 2019 and opened to the public in February 2020. Although the coin also had to experience a hard landing during the crash Cryptocurrency, however, we still assume that the price will rise again in the near future. The early investment is worth it.
Conclusion: NFT Token DeFi Coin Has Biggest Potential in July 2021
After the crypto crash, the market is slowly recovering, especially NFT coins and DeFi projects becoming more and more popular. With the promising Defi Coin, a listing milestone on Pancakeswap is imminent.
The DeFi Coins protocol convinces with a white paper and the goal of promoting DeFi projects.
All cryptocurrency investments put your capital at risk. You can completely lose your investment.