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Cryptoknowmics 2022-04-21 17:32:12

Top 5 Blockchains with the Most NFTs

With the surge in NFTs over the last year in the crypto world, investors and other stakeholders have diverted their attention to acquiring or minting their own. NFTs emerged from the Ethereum blockchain, thus the many NFTs on the blockchain. However, many other blockchains have used the technology implemented by ETH to develop their own NFTs. NFTs is an acronym that means Non Fungible tokens; they cannot be duplicated, replaced, or changed without the consent of the authorized personnel. NFTs can be anything from art pieces, music, codes, or anything that can transform into AI. Currently, the most common form of NFTs is Art and Drawings, which revolutionized the Art Field. More artists prefer to sell their art as NFTs to preserve the authenticity of their work and promote transparency. With the emergence of numerous blockchains, it is crucial to know which features the best suit your NFT venture. Some of the features that make a suitable NFT blockchain include; high transaction speed, low transaction costs, smart contracts, and proof of stake consensus. This article will focus on the top 5 blockchains with most of these features that have led them to have the most NFTs today. Ethereum Whenever we talk about NFTs, we cannot fail to mention the Ethereum blockchain. Ethereum has taken its prominence in the NFT world. Smart contracts on the Ethereum blockchain have led to the higher usage of the NFTs as they ensure secure transact...

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