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Why Tezos soon will be the biggest NFT Blockchain

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by COINS NEWS 300 Views

Ethereum is currently the biggest NFT blockchain by far, however as ETH still has problems, more and more people have been looking for other blockchains to mint and collect their NFT´s.

That has contributed to the rise of marketplaces like Hic et Nunc (HEN) on Tezos. In this post I argue for why Tezos might soon become the blockchain most popular for NFT´s. First lets take a look at existing NFT projects on Tezos and up coming NFT projects on Tezos.

Hic et Nunc (HEN) - The single most popular NFT marketplace on Tezos. A single NFT recently got sold for over $150k.

Kalamint - Popular curated NFT marketplace on Tezos. Kalamint is partnering with leading Virtual Reality company Virtualware to merge NFT´s and virtual reality together. Kalamint is an awesome platform with a growing community. They are working on combining art and virtual reality.

Objkt.com - NFT markerplace on Tezos that connects the different NFT platforms on Tezos

Interpop - Comic NFT´s and more

Emergents - Trading card game built on Tezos

Bazaar Markets - Carbon offset NFT marketplace

Truesy - Highly curated NFT marketplace

RadionFM - Music radio streaming platform where you also can buy music NFT´s.

TZcolors - One of the first NFT platforms on Tezos. Only colors!

Mandala - NFT project

Golden Goals (just launched) - Football/soccer NFT´s. Partnering with European football teams to launch NFT´s.

Opensea - The worlds biggest NFT marketplace will soon integrate support for Tezos token standards and Tezos NFT´s.

OneOf (launching soon) - Music NFT platform that raised $63 million. Will feature artists such as Doja Cat, John Legend, H.E.R, Jacob Collier and many more famous artists that will launch music on OneOf.

Versum (launching soon) - NFT marketplace

Minted (Launching soon) - Minted is a platfrom that aims to combine NFT´s with social media. A full fledged NFT social media platform. Rarity tags on NFT´s and comment sections + more. Social media profiles for everyone.

Red Bull - Launching NFT´s on Tezos soon

Mclaren - Building a NFT platform on Tezos

Ubisoft - Planning to launch NFT´s on Tezos soon for their games.

There is also a bunch of NFT collectibles coming to Tezos. The different collections on Tezos has been exploding. Tezos has very cheap gas fees, less than 1 cent. It takes 30 seconds or less for a transaction to go through, but this will soon be improved more. It is much cheaper and faster than Ethereum.

Furthermore, Tezos is one of the most community driven crypto/blockchains. Tezos has always been about the community and the decentralization. Which also makes it a good platform for NFT´s. Compared to other blockchains, Tezos focuses more on decentralization and will be seen as a platform for and built by the people, and not by rich venture capitalists. Tezos was decentralized from the beginnning with on-chain governance, the vision was always decentralization. Tezos is loved by people, but also loved by companies and people looking to build serious innovative applications. Tezos has emerged as one of the industry standards blockchains for companies looking to leverage blockchain technology. Tezos doesn´t operate with the Ethereum virtuam machine, instead Tezos has it´s own virual machine and technology. And its own programming languages where security is number one priority.

"Tez" is what the currency is called. It´s short, easy to remember and sounds good. Tez is actually being used as a currency to buy and sell NFT´s, so its becoming an actual currency. You can send Tez directly to peoples Twitter or Reddit accounts, and NFT artists can verify themselves with Tezos profiles. You can prove that an account belongs to you. You can also create a Tezos domain name, so you don´t have to use a traditional wallet address, but can instead use you name as your wallet address. All around, the infrastructure around Tezos and the support system is top tier. Contract calls on Tezos has been growing a lot over the last months. As more and more NFT projects come to Tezos, more and more users come. People that experience Tezos and Tezos based platforms often stick around because of the good infrastructure and good communites. As Ethereum continues to run into problems, Tezos can capture a bigger and bigger market share until it is the leader.

submitted by /u/buddykire
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