Non-fungible tokens have been around for quite some time now, with billions of dollars’ worth of tokens being traded across multiple chains with mounds of die-hard fans for each. Cardano NFTs (CNFTs) have been around since the beginning of the NFT hype train, but Cardano as a chain has been in the shadow of larger chains, such as Ethereum.
During its peak, CNFTs were actually producing incredibly high volumes, and only Ethereum, Solana, and Polygon were producing more in terms of dollars in volume. What is not considered is the price of the tokens themselves, with Cardano having a much lower price per coin, the chain would need to produce much more in terms of numbers of sales to even compete with the top runners.
Is Crypto Still ‘In’?
A common misconception is that crypto was solely a popularity parade, which has since come and gone. However, this is far from the case at all, and while volumes across all chains have slumped to lows, that is how a bear market works, this is how it’s supposed to be.
In truth, crypto is still being used daily in various facets of e-commerce and is now even looked at as a preferred option by many. Using crypto for online payments not only ensures your funds are sent but also avoids the worry of the bank blocking the payment for any number of reasons.
In the many ways that crypto is used, one stands out from the rest in terms of users. Crypto-friendly online slots have gained popularity, which can be attributed to the countless online streamers that attract thousands of concurrent viewers, tuning in to high-octane game-play in games that have become far more sophisticated than expected.
Why Cardano?
The crypto community can be hostile at times, and what you’ll find is that locals of one chain often engage in conflict with members of another chain, bashing one another’s flaws and flaunting their own. Within this, Cardano can often be called a ghost chain’ due to the fact that the number of users is only a fraction of what others bring.
In truth, Cardano brings a tremendous sense of community, and many of the members are extremely welcoming. Not only this, but they also provide great feedback and suggestions on where to look to educate yourself further on the chain, decentralised apps, and the NFT market.
Like many other chains, Cardano has a number of ‘influencers’ that provide information on a number of applications, projects, and things worth keeping an eye on, so it’s relatively easy to learn the basics.
What are the Most Unique Projects on Cardano?
The Ape Society
The Ape Society (TAS) has been one of the top projects on Cardano for well over a year. They pride themselves on three different sections, which all make up the project’s key cornerstones. The first is art, which comes as no surprise if you check out the artwork, You can see that each of the 7000 pieces in the ecosystem is incredibly unique and pleasing to the eye.
Another one of their cornerstones is community. This can often be undervalued as a key part of a project, and those that are members (by holding at least 1 TAS) are granted access to content not available to non-holders, as well as being part of their very own DAO.
The final cornerstone is an ecosystem, which has a vast amount of depth. All holders of the original 7000 pieces were able to mint their ‘Cabins’ which is a space in their metaverse, and they also have a native token, $Society, which can be acquired by staking, this is also non-custodial, which means a great deal to staking enthusiasts.
Goofy Gophers Mining Club
GGMC is a rather unique project, that offers all of its holders a share of the proceeds from mining various coins. They currently mine six forms of crypto, Bitcoin, Litecoin, Dogecoin, Dash, Nervos, and Kadena. While all owners receive some form of reward when staking, there is a rarity system that provides different rewards for different types of material.
Clay Nation
Known on Cardano as one of the staples, Clay Nation was originally released as a 10,000 collection with real clay being used for the randomised NFTs, which really made the initial launch unique. Since then, they have had numerous releases of alternative collections, metaverse spaces, special collabs, and their very own staking system for their native token, $clay.
Currently, Clay Nation is one of the most popular projects, not for the art, the community, or even the price, but for the intimate connection to Good Charlotte, of which a special collection was released. Also, Snoop Dogg is not only an official partner, but much of the content in the build-up to the cabin release surrounded Snoop himself, which at the time was mindblowing.
