The hype around NFTs is already through-the-roof given their high-end prices and the interest of celebrities. NFT cryptocurrencies like Moshnake (MSH), ApeCoin (APE), and The Sandbox (SAND) have also contributed immensely to this growing trend. As such, they could push these digital assets to next-level hype.
In turn, NFTs and NFT holders drive the value of these cryptocurrencies through trading activities.
Meet Moshnake: The Latest Crypto Throwing It Back
Moshnake (MSH) is a rebranded form of the classic snake game. Thanks to blockchain technology, this game is back as a play-to-earn model on the Binance Smart Chain.
Another interesting feature of this game is its Moshnake NFTs. Players can buy and own the different Moshnake (MSH) NFTs on the platform—such as Mamba, Viper, Krait, and Cobra. These snake NFTs are then used to feed on eggs, treasures, and other NFT items in the in-game arena to acquire different attributes like speed and increased length.
Players can also interact with friends and battle with their NFT snakes in a team effort.
Two native tokens—the Moshnake token (MSH) and Venom token (VEN)—power the gaming ecosystem and are needed to play the Moshnake game. The VEN token is the in-game token used for trading the NFT snakes and rewards in the marketplace, while the MSH token serves as the governance token.
Interested buyers can buy MSH tokens in the ongoing presale using ETH or USDC. There will also be airdrops of MSH tokens to help drive more purchases of these NFTs.
ApeCoin Aims To Empower Community
ApeCoin (APE) serves as an ERC-20 token within the APE ecosystem. It also serves to empower its decentralized community, which is a major feature of Web3.
ApeCoin (APE) is the community-led token supporting the APE foundation’s culture in the growing Metaverse. The foundation is a decentralized protocol layer for the APE token. Furthermore, the ApeCoin DAO comprises ApeCoin (APE) holders.
ApeCoin (APE) has several functions in the open-protocol ApeCoin DAO. These functions include governance, utility, exclusive access to special features of the ecosystem, and rewards for developers of games and other projects on the ecosystem.
ApeCoin (APE) became famous thanks to Yuga Labs, the creators behind the Bored Ape Yacht Club (BAYC) NFTs. Yoga Labs rewarded the APE foundation with an NFT for each APE token and its intellectual properties. The popularity of the Bored Ape NFTs propelled ApeCoin (APE) into the metaverse and NFT marketplaces.
The global NFT marketplace, OpenSea, recently announced its acceptance of the ApeCoin (APE) as a currency for payment, further increasing the circulating volume of the cryptocurrency.
The Sandbox Set The Standard For Gaming PLatforms
The metaverse-based gaming platform, The Sandbox (SAND), is another community-driven platform. On it, creators can build and trade their voxel games and digital assets on the blockchain.
The Sandbox (SAND) combines the features of DAO and NFTs to create a progressive gaming community. Players can create and own their NFTs and trade them on The Sandbox (SAND) NFT marketplace.
The metaverse platform also has an ERC-721 LAND NFT that users can make their creations on and fill with ASSETs. All these can be monetized using the platform’s native token, SAND.
The SAND token is the native utility token in The Sandbox ecosystem. It is an ERC-20 token on the Ethereum blockchain for transactions and interactions. It also serves as the governance token that drives The Sandbox DAO and allows holders to share their views and opinions about the platform’s development.
The Sandbox (SAND) has made a name for itself, attracting other NFT brands, such as CryptoKitties, Atari, and Helix.
A Final Word
NFT cryptocurrencies, such as Moshnake (MSH), ApeCoin (APE), and The Sandbox (SAND), continue to promote the interest surrounding NFTs with their exciting and interactive features.
You can join the Moshnake (MSH) token presale by visiting these links.