NFTs are one of the most famous investments in 2022. There is a large market, but which one is the strongest?
We've all experienced irritation as a result of lockdowns. As a result, the market began to shift to digital channels for entertainment. Investors began purchasing digital property plots from Decentraland (MANA) and The Sandbox (SAND). Some put their money into other projects supported by real-world NFTs.
Today, we'll talk about them and the new crypto project Flasko, which is revolutionizing how people think about NFT investing.
Decentraland (MANA) investors are now looking for alternative investments
Decentraland (MANA) is a newbie to the cryptocurrency market. MANA swiftly grew to prominence because virtual real estate is now just as valuable as real estate in the future.
Decentraland (MANA) sold a virtual parcel of property for 608,000 MANA at the height of the NFT craze in 2021, valued at $2.4 million at the time of the sale.
Decentraland (MANA) has had a good run, but its present performance is not encouraging. The previous month, Decentraland (MANA) had less than 600 users and 1,052 transactions on the platform. There has also been a 13% decrease in visitor visits. Decentraland (MANA) affects itself by investor interest for investments with no real-world value due to its lack of utility.
The Sandbox (SAND) investors are worried with its market performance
The Sandbox (SAND) is another project that received extensive support from investors in 2021. Thanks to the endorsement of celebrities like Snoop Dogg, The Sandbox (SAND) project had the attention it needed to achieve success.
Is that still true now? We think Not. The Sandbox (SAND) has recently been relatively quiet. The Sandbox (SAND) native coin is trading with a 3.36% decline to $0.95 on the 24-hour charts and appears to be making some price adjustments after increasing by 9.86% over the previous week.
After briefly touching $1.03, the price is again retreating, according to technical analysis. Since that level, sellers have outpaced buyers, bringing the RSI down to 42.
Flasko (FLSK) is a safe and secure long-term investment
The Flasko protocol aims to establish the first NFT market for high-end wine, rare champagne, and premium whiskey collections. Each NFT can be fractionalized, allowing everybody to participate in high-growth, rare whiskeys, wines, and champagnes. Users of Flasko can buy 100% of an NFT and get rare, vintage and exclusive alcoholic drinks delivered to their desired address for free.
The platform aims to expand the market for expensive and rare wines, champagnes, and whiskeys by enabling new alcoholic beverage makers to promote their goods offline and online. By the end of 2022, experts predict an increase in the FLSK token of 2,000%. The liquidity of the smart contract is secured for 33 years.
For the following two years, the team will be unable to sell their tokens. With this, investors in Flasko can make a safe, long-term investment.
You can participate in the presale by clicking on the links below.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.