NFT projects on NEAR protocol

The NEAR Protocol is a scalable blockchain that makes the development of (dApps) easier and faster. NEAR has various advanced features, which include being substantially faster than many blockchains, such as Ethereum, which in its case, has a slower processing time and also charges higher gas fees for executing transactions. Meanwhile, the NEAR protocol provides a solution to these issues, making it an ideal marketplace to buy and trade NFTs.

This article, however, showcases the Top NFT projects on the Near protocol. Keep reading for more information.

What exactly is the NEAR protocol?

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NEAR Protocol is an Ethereum competitor and decentralized application (dApp) platform that focuses on development and user-friendliness. The Near crypto platform's native NEAR coins is used to pay for transaction fees and storage. NEAR also operates on the Proof-of-Stake blockchain that achieves scalability using ultra-fast carbon-neutral sharding technology.

NFT curation on NEAR is rapid, easy, and inexpensive. The body of this article highlights the top NFT projects building on NEAR.

What are the top NFT Projects on NEAR Protocol?

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1 . Mintbase
Mintbase is a global platform that allows anyone to mint various digital assets like non-fungible tokens (NFTs) without worrying about technical issues. It allows almost anyone with an internet connection to create an NFT and sell it on their NEAR NFR marketplace or other NFT marketplaces. Minters are permitted to limit the transferability of tokens created to prevent fraud and illicit transfer of valuable assets. Mintbase is dedicated to providing a unique NFT creation experience, which is why it supports a variety of digital assets.

2. Paras
Paras is an NFT Marketplace project focusing on Digital Cards Collectibles, bringing traditional commodities into the crypto space. Every physical artform on the platform is maintained and digitized as an original edition.

The project is built on the NEAR Protocol, an ideal blockchain scaling solution with high transaction speeds, low costs, and zero environmental impact. It leverages this to provide a cheap, fast NFT Marketplace for NEAR Ecosystem users. The software can verify ownership and give users access to every purchase and mint. It also offers rapid and inexpensive transactions, and it sets itself apart from other marketplaces by delivering collections rather than single releases.

The low minting fee lowers the entry barrier for digital artists, allowing them to mint cards without worrying about the cost.

3. Hip Hop Heads
The Hip Hop Heads First Edition NFT Collection is a tribute to hip hop's history and culture; the background animation code is based on the most significant numbers in hip hop's history, which show the era's progression over 47 years.
With NFT technology, the project reconnects with the roots of rap. It also features 103 animated portraits of prominent Hip Hop figures produced by André LeRoy Davis, the author of Source Magazine's famed "The Last Word," as well as the background animation of Ed Young, one of the magazine's co-owners.

Hip Hop Heads illustrates an NFT collection that features artists from the 70s to this day. The collection features 47 of the most well-known rap artists, and it commemorates not only the artists but also the 47th year of the HipHop Era. Therefore, each illustration exists as a collection of 47.

Essentially, The NEAR Protocol allows the Hip Hop Heads collection to be available to the general public. The NEAR marketplace also offers a user-friendly, quick, and relatively cheap NFT minting and end-user accessibility.

4. NPunks
NPunks is Near's first and largest compilation. It is a NEAR network-based generative NFT experiment with 10,000 randomly generated distinct punks, and it contains nine aliens, 24 apes, 89 zombies, and 315 bots.

To prevent hoarding and to keep a level of fair participation, everyone has the opportunity to purchase one (or more Npunks). The purchases are made at random, and the purchaser’s identity is unknown until the transaction is completed. Users can sell their Npunks on the secondary market after minting.

Presently, Npunks have a total of 9670 minted NFTs, 1947 owners, and a floor price of (7.6 N)

5. NEAR Misfits
NEAR Misfits is a Decentralized Special Operations crew made up of people from various walks of life. These Misfits illustrate a group of people rising to the challenges of their times, challenging the status quo, pushing boundaries, coming together to develop the Metaverse while creating and contributing to technology.

NEAR Misfits are the first complete cryptographical collection on NEAR, and they consist of 1,600 Normies, 150 Zombies, 101 Skeletons (Skellies), 50 Meerkats, and 22 Glitch Misfits. Every one of these Misfits has a unique story."

As of November 2021, "1,923 Misfit NFTs were sold out within 36 hours, and as of now, you can buy these NFTs on NEAR NFT marketplaces like Paras and Mintbase."

6.NEARNauts
The NEAR Network also powers NEARNauts, which is a community-driven, and randomly generated NFT (PFP) project. NEARNauts aims to pave the way for the NFT space on NEAR by cultivating an entirely organic and dedicated community around the initiative.

NEARNauts consists of " 7777 randomly generated Nauts of varying rarity." This rarity ensures a verifiable uniqueness called "Verifiable Random Function (VRF)," and it consists of three algorithms, including proof generated and verification.

As mentioned before, there are 7777 total number of minted NEARNauts, a sum of 1893 owners, and a floor price of (30N)

Conclusion

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NEAR is an open-source proof-of-stake blockchain that allows users to establish human-readable wallet addresses at a low cost. In addition, NEAR also employs Rust or Assembly_script_ for contract creation. It is also one of the most promising projects in crypto since it makes developing and deploying dApps easier, faster, and cheaper than any other blockchain protocol.

NEAR has various advantages over the Ethereum blockchain because it overcomes several issues that Ethereum-based projects suffer from, such as high gas fees and slow processing intervals. Another crucial factor is its sharded solution, making it the best blockchain for NFTs.



Author: Gate.io Observer: M. Olatunji
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