In 2021, NFTs joined the ranks of the most Googled words in 2021. With different NFT projects springing up across the cryptoverse, conventional cryptocurrencies like Binance (BNB) are expanding their use cases to integrate NFTs and their incredible possibilities into their products. Others like RoboApe (RBA) and ApeCoin (APE) are creating tokens and a marketplace to enable a total NFT experience.
This article discusses the top three NFT coins to watch out for in 2022.
ApeCoin (APE) is the crypto that keeps on giving
APE is the native cryptocurrency for the ApeCoin platform hosted on the Ethereum (ETH) blockchain and includes the ApeCoin DAO and all services deploying the APE token. This token catalyzes the growth and development of a decentralized Web 3.0 by powering governance, access to items, games, and events, and rewards for community participation. Users can trade ApeCoin on different exchanges, including Binance, Coinbase, KuCoin, Huobi, Kraken, etc.
APE’s most popular NFT use case is by Yuga Labs, the creator of the famous Bored Ape Yacht Club (BAYC) NFT collections, utilizing the token as the primary token for their new products and services. The Bored Ape Yacht Club, which started in April 2021, comprises thousands of individual ape NFTs with various facial expressions and clothing designs. The concept gained popularity with celebrities like Jimmy Fallon, Justin Bieber, and Paris Hilton investing in their NFTs, thereby facilitating ApeCoin’s outlook as an NFT coin and boosting its market cap.
Binance’s (BNB) key benefits
BNB is the native coin of BNB Beacon Chain and BNB Smart Chain, launched in between in 2017. Ranked the third-largest cryptocurrency by market capitalization, the Binance Coin (BNB) use cases include BNB on Binance Exchange, Binance Decentralised Exchange (DEX), for paying reduced trading fees, as well as for paying transaction fees on BNB Beacon Chain and BNB Smart Chain.
With the Binance Card of Binance Pay, users can utilize BNB to pay for goods and services for both online and offline in-store purchases. On Travala.com, users can deploy BNB to book hotels and flights. With Binance (BNB), users can also participate in token sales hosted on Binance Launchpad. These use cases have raked in a total market cap of over $50 billion and constant uptrends in market value.
Following its efforts to integrate NFTs, metaverse, and Web3 products into its operations, Binance recently secured a new $500 million investment fund supported by top global institutional investors such as DST Global Partners, Breyer Capital, and Whampoa Group. This fund will be integral to leapfrogging Binance’s efforts to incorporate wider use cases of cryptocurrencies and drive the growth of Web3.0, NFTs, P2E, and blockchain innovations.
RoboApe (RBA) the new promising coin
RoboApe (RBA) is a deflationary meme coin designed to revolutionize the crypto platform with several services developed for the community. RBA will also act as a community-driven DAO to offer resources, development initiatives, and decision-making straight to the RoboApe ecosystem. It’ll also provide a RoboApe Academy tasked with the sole responsibility of offering a free educational hub to inform and educate its holders on recent changes and updates on cryptocurrencies. And for game and charity enthusiasts, there will be tons of charitable games and events to get them started on cryptocurrencies.
Generally, transactions made on the RoboApe platform tend to be subject to a transaction fee, i.e. a part of it that will be burned and the other part redistributed among RoboApe holders.
The RBA coin will afford holders and buyers several benefits and applications, such as the opportunity to participate in NFT trading and minting, addressing the issue of player motivations and transparency by developing a safe RBA crypto token payments, and offering exclusive RoboApe merchandise to keep players completely involved in the community. The RoboApe NFT Marketplace will facilitate users’ participation in NFT trading card minting events, allowing individuals to mint NFTs for themselves.
Buyers should stay tuned as the RoboApe platform intends on launching a total of 900 million RBA tokens at the token generation event with a price token of $0.00009. Users will also be required to qualify for the KYC to whitelist the RBA token on the RoboApe website. You can also read this article from Analytics Insight to find out more about RoboApe.
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