This week has been special for all investors and crypto enthusiasts. Bitcoin (BTC) and Ethereum (ETH) are surging again. Most of the tokens have jumped after stumbling for months, and now, the Singapore High Court has ruled that non-fungible tokens (NFTs) can be considered property in its first written judgement on a case involving an NFT.
As the world gets more digitised, more artists, illustrators, photographers, and painters will head towards NFT platforms to showcase their digital art. It’s fair to say that the Web 3.0 economy is thriving, and it is not going to stop anytime soon.
While many coins in the market have launched their NFT collections, Decentraland (MANA), Axie Infinity (AXS) and Big Eyes Coin (BIG) are doing something phenomenal in the space.
Decentraland: Big On Ambition, Amazing In Execution
Running on the Ethereum network, Decentraland (MANA) was launched in 2017 to create a platform in the metaverse where users can create their avatars and interact, play and live just like in real life.
Most recently, Decentraland has announced that it will be hosting the first-ever virtual music festival. The token is reshaping the metaverse by giving virtual experience to almost all real-life activities.
Decentraland is also the very first crypto platform where you can buy, sell and hold digital land. Users who rent out the land they purchased keep all of the money they earn. This ensures profit accumulation without enormous fees from the platform.
Axie Infinity: Pokemon, But For The Web 3.0 Economy
People would be lying if they denied the importance of Pokemon, a series of video games developed by Game Freak in the mid-90s. Axie Infinity (AXS) with its native token AXS, lets the users build and create a team of cute monster figures to fight in the competition.
The avatars will be fully owned by the users in the form of an NFT, and the play-2-earn feature lets the users make the most out of the platform. According to crypto experts, in-game assets have superior value in the NFT market. Consider them as the Pokemon cards you used to collect as a child. This time, it is registered on a blockchain network and you can make money out of them.
Big Eyes Coin: Cute Cat NFTs That Are Irresistible
Big Eyes Coin (BIG) is a fairly new token in the market. However, it has already raised over $9M in its presale so far, making it one of the most valuable meme coins. For Big Eyes Coin, NFTs come naturally. The entire white paper revolves around its mascot’s love for fish and how it wants to save the ocean so that it can enjoy sushi every day.
Big Eyes Coin has carefully designed a collection of ten NFT projects, which will be released on its fully-integrated NFT club. Owners of these digital tokens will be able to get access to exclusive NFT events and earn several rewards in the competitions. The collection is called Sushi Crew, and it looks to compete with the APE foundation’s BAYC.
To Summarise
As a good sign for the crypto community, the market is looking green again. For everyone who is into digital art and NFTs, this is the best time to invest and build a portfolio. Singapore court’s decision to consider NFTs as legal entities shows that digital assets, after all, are worthy of investment.
This decision will invite many crypto enthusiasts in Singapore to dive deeper into the world of NFTs created by Decentraland, Axie Infinity and Big Eyes Coin. Hopefully, other countries will follow Singapore’s path and give joy to investors around the world.
Big Eyes Coin is open for stage six, and with a phenomenal presale run, this meme coin refuses to stop.
Use the code BEYES327 to get bonus coins on your purchase!
Click on the links below to be a part of the sushi crew!
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
