The NFT tools market has seen great traction in the past year, and more people are looking to invest in crypto as well as NFT space.
Owning NFTs can be fun, but it’s not always easy. As more and more crypto projects are launching their own NFT ecosystems, there’s a higher demand for tools that will help you keep track of all your investments, NFT news, and related information.
Top NFT tools for Investment
Here are NFT tools that can help you start your investment journey on the right foot, the top 10 non-fungible token tools available to investors or explore NFTs.
1) CryptoPunks
CryptoPunks is a collectible crypto asset that lives on-chain. Each CryptoPunk is unique, like a Cryptokitty, but unlike Cryptokitties, they cannot breed (and thus there will be no Gen 0), and all CryptoPunks are divisible.
This means you can buy one to use as collateral in some game or transaction, or hold it in hopes of gaining value over time. You can even sell your CryptoPunks once they’ve become valuable enough.
If you already have CryptoKitties, these might not seem very valuable but if you don’t have access to your kitties (because you sold them at peak pricing) or if breeding has run its course for now, then how about picking up something else? Something with a bit more use than just breeding?
2) Cryptofighters
Cryptofighters is a battle game played on the Ethereum blockchain, It utilizes non-fungible tokens (NFT) to represent warriors.
Fighters get stronger as they win battles, and their Ether value grows with it. It also has several game modes that allow users to play even when they’re not online by renting/leasing them out to AI bots.
On CryptoFighters, each warrior is available at an Ether price based on how strong he or she is.
Weak fighters can be bought in bulk and won at no cost; expensive fighters need careful planning to acquire.
The best way of doing so is to put them up for auction and see who offers you the most ETH for your fighter(s).
In order to do so there are several ways of auctioning off your units such as open auctions where anyone can bid or closed auctions where only specified players can bid.
3) CryptoKitties
Meet CryptoKitties, one of Ethereum’s earliest and most popular non-fungible tokens (NFTs).
It started as a game but has evolved into a vehicle for raising capital and issuing digital shares.
The company behind it is called Dapper Labs, which raised more than $12 million in venture funding from big names like Venrock and Andreessen Horowitz.
Unlike other NFT assets where each token holds value based on scarcity and utility or represents user rights or participation interests, CryptoKitties consist of unique digital collectibles that cannot be replicated, taken away, or destroyed.
Owning one proves its authenticity and helps keep your data secure as these kitties live forever as long as Ethereum exists.
4) Dappraddar
Dappraddar is one of the best apps if you want to discover, purchase and sell NFTs in a secure environment.
The platform has an easy-to-use interface that lets you choose from thousands of Ethereum-based assets, so it’s perfect for beginners or experts.
You can easily buy and sell tokens through Dappraddar’s built-in decentralized exchange, which connects buyers and sellers directly.
And, if you aren’t quite sure what type of non-fungible asset fits your investment needs best, there are articles and reviews to guide you.
When selling non-fungible tokens on Dappraddar, security is important but never fear: All funds are held in a smart contract until they reach their final destination; once that happens, your funds will be released automatically within seconds. That means your funds are always safe when trading on Dappraddar.
Relevant Post: How To Create A Smart Contract In Blockchain?
5) Decentraland
Decentraland is a distributed, open-source virtual reality platform powered by Ethereum. In Decentraland, users can create, experience, and monetize content and applications.
Land in Decentraland is non-fungible (unique) digital real estate that is owned by whoever holds the keys to each parcel of land.
While still being in development, Decentraland already has a few dApps being built on top of it; one notable example is CryptoTitties, an adult game where players breed and trade digital cats.
After raising $24 million through their crowdsale, Decentraland became one of the first projects funded via an Initial Coin Offering (ICO).
The team also recently announced partnerships with both district0x and ConsenSys Academy.
6) RareBits
RareBits is one of many decentralized exchanges (DEXs) on Ethereum. The company originally launched as one of three IDEX co-founders in 2017, but has since grown to become a standalone platform. As explained by crypto news resource CoinDesk, DEXs are faster and more efficient than traditional centralized exchanges because they don’t require users to deposit funds into an account held by a centralized service. Instead, users retain control over their funds and execute trades directly with each other.
Because there isn’t a central entity that handles traders’ assets, there isn’t much room for oversight and manipulation like we saw at Mt. Gox and therefore more transparency between buyers and sellers.
Because most token projects take place through ICOs these days, it makes sense that investors would turn to DEXs where they can trade crypto-to-crypto at any time even if tokens aren’t listed on major trading platforms just yet.
7) Etheremon
The first game to make use of decentralized blockchain, Etheremon lets you collect, train, and battle against unique creatures. It’s an easy way to learn about crypto-collectibles.
You can purchase your very own through Metamask, a browser extension that allows you to interact with decentralized applications (dApps) on Ethereum, using Ether as payment.
If you’re new to DeFi or just want to play around with a fun game, Etheremon is your best bet. In-game purchases are made via Ether sent to smart contracts within Ethereum no central authority holds anything.
As long as players don’t run off with their in-game assets, transactions will always be handled automatically by developers who coded them into smart contracts initially.
Relevant Post: Ethereum: The Future Of Cryptocurrency?
8) CorgiCoinGenie
DeFi’s leading authority on custom tokenized corgis, CorgiCoinGenie allows users to create, track and invest in a portfolio of corgis while also providing a marketplace with information about upcoming ICOs.
The platform is decentralized and fully open-source. It’s customizable, meaning new breeds can be added. And it’s easy to use you only need an Ethereum address to start trading.
CorgiCoinGenie has a growing community so much so that they held their own inaugural event, CryptoCorgicon 2018; now they’re hoping to continue to grow their user base by putting out regular updates.
That includes adding support for more tokens (at least one crypto kitty per breed) as well as broader financial instruments like futures contracts and ETFs.
9) Blocksquare
It uses blockchain technology to provide a decentralized real estate investing platform.
It helps people get started on their journey into peer-to-peer real estate financing by providing a comprehensive, feature-packed platform anyone can use.
Investors can browse through offers and deals while simultaneously avoiding many of the associated risks.
For sellers, Blocksquare makes it easier than ever to bring their assets to market and make them available to buyers around the world and earn extra money in exchange.
10) CryptoAlts/Changer
CryptoAlts/Changer is a multi-functional tool that helps you search, filter, and manage different NFT assets.
It provides several handy features that make it convenient to use. Let’s take a look at some of them: Filtering and sorting: CryptoAlts lets you search on specific criteria, including name, tag, or category.
You can also sort according to price fluctuations and other relevant categories. All funds saved securely in one place: With Changer, you don’t have to lose track of all your wallets or portfolio balances since all of your wallets are automatically synced with your account.
No technical knowledge required: Anybody can use CryptoAlts. As long as you have a MetaMask account (an Ethereum wallet), then using this app is as easy as signing up via Coinbase – no programming experience required!
11) Rarity.Tools
Rarity is a wallet application that lets you create, track and manage your assets, as well as get useful data about their valuation.
It’s a great tool to help you keep track of your digital assets and analyze their performance in real-time.
It’s simple to use and boasts an easy-to-navigate interface with beautiful charts and graphics.
If you want to manage your digital assets effectively while getting top-notch data analysis, Rarity is an excellent choice.
12) Icy.Tools
IcyWallet is an open-source, client-side interface that allows users to sign Ethereum transactions without downloading a full blockchain.
The tool’s utility stems from its lightweight nature, as it takes up little storage space and less computational power.
Users can connect their Ledger Nano S hardware wallet with IcyWallet in order to sign transactions offline.
While signing on IcyWallet, your private key never leaves your computer or leaves any trace of what you’re doing on your computer; thus, no one else but you can access your account.
Conclusion
Non-fungible tokens (NFT) have become a hot topic in crypto, but finding good projects to invest in has become harder, however, these tools are can be good investments.
With such an oversaturated market, it’s easy to get duped by low-quality assets and fake volume numbers.
Thankfully, there are several tools out there that can help you avoid bad investments and discover high-quality NFT tools worth looking into this list contains all of them.