Top NFT Crypto Tokens to Watch: ApeCoin (APE), Decentraland (MANA), Quitriam Finance (QTM)
ApeCoin has outperformed competitors like Decentraland (MANA), The Sandbox (SAND).
The advent of cryptocurrencies has caused many minds to reconsider how the financial system works. Society has become accustomed to these technological advances and a few individuals have made significant fortunes as a result of using them.
This article examines three NFT projects (two have already started and one is currently in presale) that you should check out.
Members of the Bored Ape Yacht Club NFT Collection received their cryptocurrency, ApeCoin (APE), in March 2022. ApeCoin has surpassed competitors like Decentraland (MANA), The Sandbox (SAND) and others to become the largest NFT coin in terms of market cap of $4.2 billion within a month of its launch.
APE is the ERC-20 utility and governance coin of the APE ecosystem. It enables the development of a decentralized APE community at the forefront of Web 3.0.
APE is governed by the ApeCoin Decentralized Autonomous Organization (DAO) and funded by the APE Foundation. APE owners can vote on governance ideas for the DAO and have access to APE-exclusive features like games, events, and services.
Decentraland (MANA) strives to establish a virtual shared space that is fully owned and managed by its members.
In short, Decentraland is a blockchain technology-based platform that enables the development of augmented reality landscapes where users can buy, sell or rent plots of land stored as NFTs on the Ethereum (ETH) blockchain.
As a decentralized virtual reality platform, Decentraland allows users to build their virtual reality worlds, sell their content, and even earn Decentraland tokens by hosting other users in their virtual reality world.
MANA launched at $0.024 during its Initial Coin Offering (ICO) and hit an all-time high of $5.90 on November 25, 2021, a gain of about 24,483%. At the time of writing, MANA token has fallen to $2.05.
Quitriam Finance (QTM)
Quitriam Finance (QTM) is a pre-sale project that is actively developing a fun ecosystem consisting of mithril mines, furnaces, and forges.
Users within the Quitriam ecosystem can harvest mithril, a virtual material used to craft NFTs and other in-game items such as armor and other medieval-inspired gear, which generate revenue and can be exchanged for Quitriam Finance’s cryptocurrency, QTM.
Quitriam Finance is taking it a step further by attempting to build an all-in-one P2E platform equipped with a native decentralized exchange (DEX) called Quitriam Swap, which allows users to exchange their tokens without the to leave the platform.
The QTM coin is the protocol’s native token. QTM holders can access liquidity mining services through a one-click interface.
What makes Quitrium Finance unique?
Quitriam Finance’s main offering will be a decentralized exchange. The platform aims to help retail customers access yield farming platforms and build a passive revenue stream through liquidity mining.
The Quitriam Finance environment will serve as an incubator for new coin launches and provide liquidity solutions as the network includes a decentralized exchange. NFTs will be interchangeable across chains.
Quitriam’s goal is to remove bottlenecks in the decentralized exchanges (DEX) industry. Currently, most decentralized exchanges charge significant withdrawal fees for liquidity pool tokens, with users not getting a full share of the fees.
The interoperability of Quitriam’s decentralized exchange with many different chains will enable rapid exchanges across multiple blockchain networks. Additionally, since Quitriam Finance is a multichain network, it circumvents the problem other Ethereum-based DEXs suffer from.
Pre-sales are a great way to get involved in the launch of new and successful cryptocurrencies. Investing in Quitrium Finance early offers a number of benefits.
To name a few, investing in pre-sales allows you to purchase QTM at a reduced price, allowing you to buy more and benefit from it much more.
Additionally, you get exclusive access to incentives, free airdrops, and the ability to trade QTM tokens on exchanges before they become widely available.
Now available at a fair price, QTM has the potential to increase its value by 50x or 100x due to its compelling use case, which could mirror the success of ApeCoin and Decentraland.
Quitriam Finance pre-sales and contact details
Disclaimer: The information published in the article is for educational purposes only. By using it, you agree that the information does not constitute investment or financial advice. Do your own research and consult financial advisors before making any investment decisions.
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