🏆Best NFT Ecosystems🏆

The crypto world is changing fast, and one of the biggest examples of that can be seen in the rise of NFTs and the rapid development of NFT ecosystems. According to beincrypto, the top NFT ecosystems at the moment are ETHEREUM, RONIN, FLOW, SOLANA and WAX. Why them? Let’s dive a little deeper!

🔝ETHEREUM

First place goes to Ethereum as the original NFT ecosystem and the undisputed leader in the crypto universe. With over 90% of digital assets on the network being ERC-721 tokens, including Axie Infinity, it’s no surprise. But which issues does it have? Well, given the truly large number of NFTs that have been created on the blockchain over the past year, gas fees have increased substantially, which got users searching for alternatives and gave rise to Solana, Ronin & others.

🔝RONIN

Ronin — the Ethereum side chain, is the basic structure for the Axie Infinity game as gas charges go through it when players exchange AXS tokens. Made in the same manner as

many other Tier 1 blockchains, it is technically not much different from Ethereum, but manages to achieve faster transactions and lower fees. Axie is currently the only game on the Ronin network, but in the future developers plan to host new games as well as other types of dApps.

🔝FLOW

The design of the Flow blockchain is based on games and digital assets. Similarly to Solana, it has a good list of partners, including the NBA, Warner Music Group and the UFC, as well as impressive investors of Google Ventures, Samsung, and Andreesen Horowitz. Nevertheless, Flow takes a different approach to development in the NFT space. It relies more on premium and branded content and games.

🔝SOLANA

This year has seen tremendous growth in crypto adoption for Solana. Although the project has only existed for a year, a large community has already formed around its ecosystem. At launch, Solana positioned itself as a blockchain focused on financial transactions, having faster transaction processing speed and less overhead than Ethereum, but they took it one step further, making NFTs a huge part of their ecosystem. Solana has five marketplaces, two of which are in the top 10 of all marketplaces. The Solana markets have attracted the attention of the wealthiest NFT traders, which is a good sign for future collections released on these platforms.

🔝WAX

WAX is a blockchain that was created specifically for NFTs, supporting any spectrum of NFT activities: games, marketplaces, dApps and exchanges that can all run on a decentralized blockchain system. WAX currently supports six marketplaces, with the most popular one being AtomicMarket, which has a trading volume of $312 million. Its number of traders exceeds 800,000, who have all traded NFTs on the platform, making it the second most popular after Axie Infinity!

Clearly, the more time passes, the more NFTs are becoming a crucial part of the crypto arena. They are not only not going anywhere, they are gaining potential and winning over millions of traders as we speak! Is it good for us? Sure! We at Earn.Games look forward to welcoming even more users to our market!🔥🔥