MATIC Polygon Despite the current market downturn and drop
in MATIC pricing, the Ethereum L2 ecosystem is still developing. The top 5
Ethereum-based NFT projects are migrating to the top L2 solution to avoid
typically high costs and settlement times, notwithstanding the gloomy attitude.
Non-fungible Tokens (or NFTs)-based projects are a wide and well-known asset
class, and their existence is likely to help Polygon MATIC gain momentum. Let's
look at the top 5 NFT projects on Polygon MATIC that moved from the Ethereum
foundation layer and were influential there.
5. Decentraland
Decentraland is a virtual reality and digital simulation
platform that lets users construct and experience their own world. Users can
buy plots of land to construct on (non-fungible unique digital assets). It's
one-of-a-kind in that each piece of land has its own address, owner, content
description, and access restrictions.
Every piece of content may be bought and sold. The project
features two tokens: MANA, which is an ERC-20 token, and LAND, which is an
ERC-721 token for land records that can be obtained by burning MANA. This
well-known NFT project is now available on Polygon MATIC for customers that
want a scalable experience.
4. Aavegotchi
Aavegotchi is an Ethereum-based NFT/DeFi crossover project
that lets users stake GHST tokens to farm rare items. The one-of-a-kind
crypto-collectibles are categorized by a variety of characteristics, such as
personality, ethereality, body, and color, and rely on the ERC-721 standard,
which is also utilized by other well-known collection initiatives. Polygon
MATIC is now offering this popular NFT+Gaming project.
3. MurAll
MurAll is named after a painting that was created on a wall.
It's a collaborative NFT art endeavor based on the blockchain that allows
anybody to sketch. It also represents openness and defiance against
restriction. The need to draw – the PAINT token.
By burning PAINT tokens and causing deflationary supply
shock, the NFT painting becomes permanent and recorded on the blockchain. It
can only be drawn over 21,000 times until PAINT runs out. MurAll is now
accessible on Polygon, where it ranks third among the top five NFT projects on
Polygon MATIC.
2. Cargo
Cargo.Build is an NFT creation and marketplace service that
works with a variety of blockchains, including Polygon MATIC. This platform may
be used for a wide range of services, including easy step-by-step minting of
NFT artworks, gaming objects, event tickets, and other types of access tokens
and other products. Cargo opted to join the Polygon L2 solution when Ethereum
costs were too expensive and priced certain players out.
1. OpenSea.io
With an enormous NFT collection and feature set, OpenSea is
the world's most famous NFT trading platform. It is the world's largest of its
kind. It enables for the minting and trade of NFTs, just as Cargo. Because of
its large trading volume, it is frequently the recipient of rare/limited
availability NFTs.
OpenSea has upgraded to the Polygon MATIC L2 solution due to
its high relevance and widespread usage among crypto users. On Polygon MATIC,
it is ranked first among the top five NFT projects.
