{ "componentChunkName": "component---src-templates-article-learn-js", "path": "/learn/nft-coins/", "result": {"data":{"wpPost":{"title":"7 Popular NFT Coins You Need to Know","content":"\n

Non-fungible tokens, or NFTs, are all the rage these days. A wide range of industries, from art, technology, gaming, and property, to investment are increasingly adopting NFTs. 

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As a result of NFT technology’s advancement, the NFT Coin has been invented. What is the NFT coin? Is there a list of crypto assets that fall within the NFT coin category? and how to buy and sell NFT coins?

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The following review has all the answers.

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What is NFT Coin?

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NFT coins are crypto assets particularly designed for NFT transactions or holdings. As cryptocurrencies, NFT coins can be possessed and traded as usual in general crypto trading exchanges. 

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Due to the variety of NFT projects, NFT coins are altered in many types of crypto assets based on their usage and the projects’ objectives, such as NFT game coins, NFT art coins, and NFT finance coins. Below are great examples of NFT coins that you can use as payment for NFT transactions.

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7 Popular NFT Coin Lists

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1. Chiliz (CHZ)

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\"Chiliz
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Chiliz (CHZ) is an exclusive NFT coin of Socious, the world’s largest non-exchange blockchain platform. CHZ is known for its fan tokens to show support for users’ beloved sports teams. Also, it is a utility token that can be used to purchase VIP rewards, participate in voting on the network, and access AR-enabled features, forums, and exclusive promotions.

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Chiliz has partnered with some of the world’s finest sports leagues, including AC Milan, Manchester City, Juventus, etc. 

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Every team that employs Chiliz technology has been allocated a limited supply of fan tokens (referred to as Fan Token Offering (FTO), making the NFT coin uncommon and sought-after by sports fans.

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2. Decentraland (MANA)

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\"MANA
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There has been a lot of hype recently about MANA coins. MANA is one of the two NFT coins used in Decentraland, an NFT game platform currently on the rise.

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MANA tokens are primarily used for making transactions at the Decentraland Marketplace. Decentraland is an Ethereum-based gaming platform, and it also has its own marketplace that offers artwork, games, applications, 3D art, and various in-game missions with NFT coins as incentives.

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Additionally, this marketplace allows users to trade other in-game assets, such as avatar wearables, LAND, estate, and many others. The Decentraland Marketplace is governed by the DAO, where smart contracts govern the organization.

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3. The Sandbox (SAND)

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\"SAND
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The next NFT coin is SAND. SAND is a utility token used to make payments on the blockchain-based Sandbox platform. The Sandbox is a virtual world with a play-to-earn model, where you can monetize your time for borderless content creation and immersive enjoyment.

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In the Sandbox, users can trade and create their new digital gaming assets using SAND as NFT coins. This can be done by using NFT to create digital voxel assets, upload them to the Marketplace, and deploy Game Maker to incorporate their digital voxels into games.

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Users can add value to their virtual land on the Sandbox by either decorating with NFTs and digital assets or exhibiting events to collect entrance fees. Additionally, SAND holders will be granted voting rights for governance proposals. 

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4. Axie Infinity (AXS)

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https://axieinfinity.com/axs/
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It is undeniable to mention Axie Infinity ─ the Pokémon-inspired blockchain game which has been the trendiest. The game features open, highly flexible gameplay that allows players to collect NFT creatures known as Axies. These Axies can be raised, battled, and traded by NFT coins throughout the ever-expanding Axie ecosystem.

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As of August 2021, Axie Infinity is the Ethereum-based game DApp with the highest weekly on-chain volume. With over 100,000 weekly users, Axie Infinity is among the top three most popular gaming Dapps.

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Two main NFT coins are used in the Axie Infinity ecosystem, namely Axie Infinity Shards (AXS) and Smooth Love Potions (SLP). AXS is known as a governance token that grants voting power on a community-owned DAO. The voting topics are platform-related proposals such as the allocation of treasury funds and ecosystem funds. 

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Likewise, SLP is an NFT coin for Axie Infinity’s gameplay that is earned by playing the game and can be used to breed new Axies. Both AXS and SLP are ERC-20 tokens that can be traded over the Ethereum network.

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5. WAX (WAXP)

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\"The
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The WAX (WAXP) blockchain was launched in 2017 and facilitates e-commerce transactions quicker, easier, and more secure. The WAX ​​blockchain leverages Delegated Proof-of-Stake (DPoS) as its consensus mechanism, which is fully compatible with EOS.

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WAX has designed its bespoke features and incentive systems of WAXP coins to maximize the blockchain’s value for e-commerce. The additional goal is to get people to cast their votes for each and every platform-related proposal.

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Indeed, WAXP is an NFT coin that can be used to buy digital collectibles, video games, and NFT. There has been a tremendous spike in the pricing of WAXP tokens since it was added to major trading platforms.

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6. Tezos (XTZ)

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\"Tezos
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Tezos (XTZ) is an open-source blockchain fuelled by an NFT coin called “Tez”. Unlike other remarkable crypto assets, Tez uses the proof-of-stake (PoS) consensus instead of mining to incentivize token holders with a reward.

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Additionally, Tezos has a unique governance structure. When it comes to the design of early blockchains, developer teams and the mining community were primarily responsible for making decisions. 

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However, Tezos created democratic and decentralized governance, where the users’ community fully possesses the decision-making procedure. This is considered a successful effort for Tezos to create incentives for user participation in the development process.

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Also, this NFT coin can be used to purchase NFT collections through the well-known NFT marketplace platform.

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7. THETA

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\"THETA
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THETA is a NFT coin created by Theta Network and can be staked by those wishing to participate in a Validator or Guardian node.

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Theta Network is a blockchain-based infrastructure for decentralized video streaming platforms. According to the CryptoSlate website, on February 18, the Theta Network announced its celebration of NASA’s perseverance on the Mars rover landing. Interestingly, Theta Network will develop NASA-themed NFTs that can be uniquely collected through its live streaming site, Theta.tv.

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Like other crypto assets, THETA has a limited supply of only 1 billion THETA in market circulation.

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How to Buy NFT Coins on Zipmex?

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\"How
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NFT coins can be your great choice to diversify your investment portfolio. All mentioned NFT coins, from Chiliz to SAND, are available for trading on Zipmex. 

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Here is a complete guide on how to buy and sell NFT coins on Zipmex.

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  1. Go to the Zipmex app, and sign in with your email and password. 
  2. Deposit funds in your Trade Wallet to buy desired NFT coins. Click here to read more details.
  3. Click the “Trade” button, which is circular in the menu bar below. To buy the NFT coin you want, select the “Buy Assets” menu.
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  1. Select the desired trading pair. For example, SAND/USD, XTZ/USDT, etc.
  2. Select type of order. You can either choose “Market Order” to make a transaction using the current real-time price in the market or select a “Limit Order,” to make a transaction using a price adjusted to the price you want. 
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\"Select
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  1. Click “Confirm.”
  2. Your transaction is processed.
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Check out and easily buy NFT coins on Zipmex Exchange today. Click to get started.

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View Exchange Now
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\n","excerpt":"

Here is a list of 7 NFT coins you should know. Check out what they are and why NFT coins are important in the NFT market.

\n","date":"April 22, 2022","featuredImage":{"node":{"caption":"

NFT coins

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