The NFT market was estimated to be valued at $15.7 billion in 2021 and is projected to grow to $128 billion by 2028. The current NFT market has taken a tumble due to unfavorable conditions in the broader financial markets. However, there are still good NFT-based projects that will go a long way in the future. One of them is Flasko (FLSK).
Flasko is an alternative investment platform that mints new investments as NFTs. It is worth watching because it has the potential to be a major player in the crypto space in the coming years. ApeCoin (APE) and Decentraland (MANA) are some of the well-known NFT projects that are likely to stand the test of time.
ApeCoin (APE) Is Down But Expected To Bounce Back
ApeCoin (APE) came into the market to show the world that non-fungible tokens are here to stay. In less than a week, ApeCoin (APE) won the hearts of the crypto community as it token price skyrocketed.
ApeCoin (APE) got the advantage of being associated with the Bored Ape Yacht Club NFT collection which was created by Yuga Labs. The Bored Ape collection is the most popular NFT collection as many celebrities such as Tom Brady, Madonna, Justin Bieber, Jim Fallon, Neymar Jr., Kevin Hart, Paris Hilton, Snoop Dogg, Mark Cuban, and more one or more NFTs from the collection.
ApeCoin (APE) is the governance token of the APE ecosystem, giving holders the right to participate in the governance of the ecosystem. About 1 billion APE tokens were minted at once and can be bought and sold at several leading exchanges.
ApeCoin (APE) is one of the premier NFT-based tokens that have the potential to be a leading cryptocurrency asset in the future. ApeCoin (APE) is exchanging hands for $4.5, about 88% down from a peak of $39.40 in March 2022.
ApeCoin (APE) has a strong community and is backed by the Bored Ape Yacht Collection. Due to the collection’s popularity, it is a no-brainer that it will be around for a long time.
Decentraland (MANA) Is Expected To Do Well
Decentraland (MANA) is a virtual reality platform that allows users to create and monetize their content and applications. Users buy plots of land they can utilize as they would utilize real-world land.
Decentraland (MANA) uses a dual token system that includes MANA and LAND. MANA is a fungible token that is burned to create non-fungible LAND tokens.
The Decentraland ecosystem is powered by MANA and LAND tokens. MANA token holders can vote in the Decentraland DAO, giving them a voice in how the ecosystem is managed.
Flasko (FLSK) is Unique
Flasko is not your usual kind of NFT project. It is different from other NFT projects. This is because it claims to be the first alternative investment platform backed by luxury wine, whiskey, and champagne. Each investment is minted as an NFT. The NFT can be fractionalized, traded, or held like a regular NFT.
Another important point to consider is Flasko’s tokenomics. The project has a maximum supply of 1 billion tokens, with any unsold tokens being burnt and 15% of the total token supply is reserved for exchange listing.
Listing on major exchanges is important because it enhances liquidity, which allows traders and investors to buy and sell the FLSK token at desired prices. This also increases the project’s credibility.
Flasko has the potential to become blue-chip crypto, and the entry point of just $0.065 is extremely attractive to retail and institutional investors as predictions circulate that it could reach the region of $2.50 by mid-2023.
ເວັບໄຊທ໌: https://flasko.io
ຂາຍລ່ວງໜ້າ: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Source: https://coinpedia.org/press-release/why-apecoin-flasko-flsk-and-decentraland-are-the-best-nft-projects-right-now/