Explore NFT on Coingecko tool for cryptocurrencies

in hive-175254 •  3 years ago 

CoingeckoNFT

Access to the non-fungible token market is growing and becoming a remarkable fact given the inclusion in much of the reputable Exchanges as well as cryptocurrency tool platforms such as CoinMarket and Coingecko.

In this occasion I will dedicate myself to explore especially this function of Coingecko in its innovative system with very complete and high quality outstanding features.

"An NFT has unique design for the creditor, it consists of a virtual representation mostly used to associate value to collectible real-world properties such as: Artwork, graphic designs, music, physical property, etc.

Its design is not limited to any specific item, therefore by taking advantage of its true potential and fractal behavior it could be applied to even more complex properties such as consortiums, franchises, hotel chains, just to give an example. It becomes possible to shorten the whole administrative process which could be easily audited since the NFTs are issued in controlled amounts to avoid them losing their value and usefulness when traded indiscriminately in the markets.

The creditor becomes the owner for life and each token will carry their personalized signature for security and traceability within the blockchain.

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Next, let's get into the NFT compartment of Coingecko to explore this cryptocurrency tool and its main features.


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NFTs are organized by Trading Volume and Market Capitalization, these fundamental data associated with cryptocurrencies make stock market exploration of the asset possible, however, other special characteristics of an NFT is associated with the art and ability of the creator to impact investors and generate interest in their work.


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By way of example I will explore the NFT "THETA ", in detail. I can note that the fundamental information of NFT says that it ranks #1 in the NFT ranking and #17 in the global cryptocurrency market. With a value of $ 7.09 USD, Market Capitalization $ 7,082,529,771 and 24-hour Trading Volume $ 587,356,594 we have THETA is the NFT that dominates the market.


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If you want to know what the THETA project is all about you can enter this Coingecko's share to explore the THETA network, additionally you can consult the whitepaper THETA whitepaper and other access to the THETA community, all from the interface through Coingecko.

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NFT Spotlight

NFT Spotlight is a special feature of Coingecko that displays the NFT of the day. It refers to new NFT tokens that have been entered into the platform and are promoted by a visual exploration of the work as well as the creator or release team.


This is how the NFT of the day is displayed for 8/15/2021, the time when I proceeded to scan Coingecko for the writing of this post:

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The foreground image is displayed when the "View" option is selected. It is also possible to browse the NFTs of the previous days and find out everything about the creating team.

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We will also find the "new" option NFT Spotlight for featured NFTs. It provides information on the creators, purpose, track record, vision for the future, usefulness, etc. This is a feature with a high human character that connects us not only with the NFTs but with the people behind each project. Additionally, they offer NFT Aidrops and candy swaps Coingecko.

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Greetings friend @nachomolina2

Excellent explanation regarding NFTs, it is a reality that the market for non fungible tokens is growing rapidly, so it is good to have more knowledge regarding NFTs, on the other hand the query platform that generates us Coingecko is very good, in which you can locate concentrated all the information required of some token.

It will always be good to stay informed about NFT and it seems to me that coingecko contribute with that area of ​​knowledge. Greetings, @chucho27 thanks for your opinion.

You have explain steps how we can go through coin gecko website to explore more of NFT. These days the popularity of lft tokens are quite high however choosing the right nft that is rare and have some significant value is not easy. It certainly requires thorough search that we do normally with tokens and this can help shortlist some nice NFT through the portal.
@tipu curate

thx for evaluating!

Excellent information that you offer us @nachomolina2, certainly this platform is very complete and easy to use, besides being very useful for NFT, which today are the boom that is driving the market.

You are right NFT promises a lot as an innovation within cryptocurrencies. I hope this type of non-fungible token can bring great solutions to investors and institutions. Thanks for evaluating, friend @carlir