The NFT sector has recently become very popular due to its continuous and explosive growth. Within the NFT sector, there are several unique and interesting projects for all those looking to enter. Moreover, each project presents a great investment opportunity for those who are interested in the projects.
If you want to find the right NFT project, this guide presents the best new NFT projects in the UK to invest in. We will also cover the best platforms to buy them on in the UK.
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Please note that cryptocurrencies, cryptocurrency leveraged products, and other products and services provided by Margex Trading Services Ltd involve a significant risk of financial losses. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Crypto assets are highly volatile, unregulated investment products. No EU investor protection
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In This Guide
In the next part of our article, we will present reviews of each of the best new nfts projects to invest in. Each one has its own native token and is unique. We invite you to read them all and choose the one that catches your attention.
As the first choice of the best new projects of NFT 2023, is Tamadoge, an NFT game that permits users to generate, collect and fight with canine pets. Everything is integrated under a 3D model, allowing users to integrate their NFT into existing metaverses.
Its native currency, known as TAMADOGE, allows users to participate in the different offers provided in the Tamaverse. One of the main characteristics of this currency is that it is deflationary so will increase in value over time.
In the Tamaverse, you can win fights and gain positions on the leaderboard, which allows you to earn dogepoints. Winners, if they wish, can use their dogepoints and claim their winnings in the dogepool. One of the advantages of being part of the Tamadoge NFT project is that it does not charge for transactions, which means that the amount you buy will be accurate, and you will not have to think about additional costs.
As for the future, Tamadoge plans to launch an augmented reality application so that users can interact with their pets in the same space.
There will be a total of 2 billion tokens available for Tamadoge. At the token generation event, there will be 1 billion coins accessible, and 400 million will go to the exchange lists. 50% of the tokens will be pre-traded to the exchange lists in a pre-sale event. We recommend that you participate in the pre-sale to maximize the return on this investment before prices increase. The public presale event is live on the website now!
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One of the most exciting NFT projects to consider is Battle Infinity. This project is a Metaverse gaming ecosystem based on NFTs and composed of 6 completely novel platforms. Additionally, it is a diversified NFT project with unique industry features. This project is fully verified by CoinSpiner and has an official group on the Telegram platform.
There are, in total, six completely different platforms, each with specific features. Within the Battle Infinity ecosystem including a specialized NFT marketplace, a platform for betting, a fantasy sports platform known as IBAT Premier League, P2E games, a decentralized exchange, and a metaverse. As one of the most attractive NFT projects on the market, Battle Infinity has something for everyone.
The original token of this platform is known as IBAT. Battle Infinity is powered by IBAT, the native token with a limited supply of 10 billion. The token is utilized as a reward for the most skilled players in addition to the revenue from betting the token on Battle Stake and buying space used for virtual advertising.
Battle Infinity ecosystem is fully complementary and offers a wide range of features, which makes it one of the best-performing NFT projects of the year. Furthermore, Battle Infinity offers many additional features so that this project will attract a large number of users in a short time. Battle Infinity may be considered one of the best new projects of nft 2023.
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Lucky Block is one of the most popular NFT projects on the market, thanks to its novel and attractive crypto-lottery feature. The lottery games are developed using smart contracts, resulting in completely clean and randomized games. Lucky Block is totally different than lottery classic games.
You can access the Lucky Block game through a desktop computer or, if you prefer, through the mobile application. If you want to buy tickets to be able to participate in the game, you must use the platform’s native currency, known as LBLOCK. Lucky Block NFT holders can also participate in the daily lottery draw. If you have a Lucky Block NFT, you will automatically participate in the 2% jackpot draw.
In addition, no more Lucky Block NFTs will be produced, as there are currently only 10,000 in circulation. Therefore, Lucky Block NFTs will become more valuable over time as their scarcity increases.
You can get additional benefits if you own a rare collection of NFTs. However, you will not know what type of NFT is purchased until the purchase is finalized.
One of the options that users interested in Lucky Block have is to go to the NFT Launchpad NFT marketplace and learn more about buying NFT. In addition, you can read our Lucky Block review to understand better what it offers and learn how to buy Lucky Block NFTs today.
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Silks is a game that is developed on the Ethereum blockchain network. Skills are illustrated in thoroughbred horse racing. It has a large metaverse where players have the option to buy avatars and NFT to be part of the game.
In the Silks universe, NFT horses represent real-life horses. Thus, players must invest in building stables on land to care for their horses. To get a reward in the game, one must wait for a real-life horse to achieve victory in a race. Rewards earned are given with the game’s native token known as $STT. Those who put $STT into play and breed their horses can also earn more rewards.
New NFTs of horses will be issued for the game each year based on long-term prospects. In addition, NFTs will be issued following real-life auctions, ensuring that the NFTs are accurate representations of real horses. Additionally, Silks offers an NFT marketplace where in-game assets, such as rare silks and stables, can be purchased.
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Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.
If you have previous knowledge about the metaverse, you may already know Decentraland. Decentraland is presented as a virtual world developed on the Ethereum blockchain network. In the game, it is possible to buy virtual plots of land and create fully customized avatars. In addition, Decentraland users have full control over governance decisions because the world is a decentralized autonomous organization (DAO).
All assets available in the Decentraland world have a structure similar to that of NFTs. These assets are land parcels known as LAND, food, and clothing. If you want to trade all these NFTs mentioned above, you must use the native currency MANA. This token is not exclusively used for in-game transactions, as cryptocurrency investors can purchase MANA to speculate on the rise of Decentraland.
As a result, the world of Decentraland offers participants unlimited potential, allowing them to customize their virtual land as they see fit. In the metaverse, advertisers can create virtual billboards advertising their brands, leveraging the potential of Decentraland. Decentraland’s growth could be largely driven by Ethereum 2.0, although ESG fees remain extremely high on the Ethereum network.
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The Sandbox allows users and players to create, play and monetize their content using tokens. In addition, decentralization and blockchain technology allows Sandbox games to transcend legal and political restrictions.
The original platform token is SAND, which can be used on the platform. Sandbox uses VoxEdit software to be able to function. This software gives the possibility to users to make the design of objects in the game themselves together with NFTs. The platform has a large NFT marketplace.
A participant can earn money without obtaining NFTs. For example, it is possible to earn money by investing in land and real estate portfolios.
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Chiliz is a DeFi currency that was made by Socious- one of the largest non-exchange blockchain platforms in the world. The token was created to provide a DeFi currency option to support services that are built on the Socious platform.
The most notable use of Chiliz is as a fan token for popular sports teams such as Manchester City and AC Milan. Fan tokens can be bought by supporters to show commitment to the team and to gain governance.
Every team that uses Socious technology is allocated a set number of Chiliz tokens. This makes the NFT coin popular amongst fans and increases its value over time.
THETA is another NFT coin that can be used to gain rewards via staking. The coin was initially created by the Theta Network to encourage users to become validator or guardian nodes within the network.
The Theta Network is an exciting new project that aims to utilize a network of computers to operate a decentralized video gaming platform. Theta allows computer owners to provide their bandwidth to the network in return for rewards. The more users that join the network, the more bandwidth will be available for video game streaming.
THETA is a deflationary asset with a limited supply of 1 billion. As a result, the value of the token will increase as demand goes up.
Tezos is a blockchain network that is supported by an NFT token called Tez (XTZ). Tez uses a proof-of-stake consensus mechanism, instead of proof-of-work mining, that enables users to earn rewards by holding tokens.
All decisions surrounding the Tezos network are collectively made by community members, which reduces the presence of any third party authority. Additionally, Holders of Tez are given authority over decision making, meaning that it acts as a governance token for the network.
XTZ can also be used to purchase NFTs through the native NFT marketplace. The token has multiple use cases and the potential to play a big role in future scalability.
Last on our list we have Enjin, a blockchain gaming platform that makes it easy for individuals and companies to access NFTs. The platform specializes in developing NFTs that can be seamlessly integrated with games and utilized in virtual worlds.
The Enjin platform is supported by the ENJ token. This is a Ethereum-based crypto asset that is used to back the value of NFTs developed on the platform.
As a result, ENJ could be considered as a utility token. It is used to support NFTs because it is completely decentralized and provides objective value for NFTs. Everytime that a transaction occurs within the network, the supply of ENJ is burned. This means that the value of the coin, and related NFTs, will increase over time.
Once you have reviewed each NFT project, it is helpful to know where you can invest in upcoming NFT projects. Below we review several platforms where it is possible to do so. Read each review to find a platform that best suits your needs.
Our first platform is one of the best known in the market today. But, of course, we are talking about eToro, a platform regulated by the FCA, CySEC, and ASIC. The platform has more than 20 million active users. Among the assets available for trading are more than 2,000, including NFTs.
In terms of customer service, the platform has a 24/7 support service available. Among the tools available on the platform is copy trading, a very useful tool especially for beginners, as it allows you to copy all the operations of more experienced users, something that beginners can very well use along with a demo account. In addition, bank transfers, debit cards, and e-wallets are all acceptable methods of depositing and withdrawing funds.
If you are completely new, eToro is great for beginners as it has a very easy-to-use interface. Furthermore, the minimum deposit is $10, and you don’t have to pay commissions, something to keep in mind. In addition, the platform has a mobile app available for Android and iOS devices. If you want to know more about this platform, we recommend reading our eToro review.
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Alvexo is considered one of the best trading platforms in the UK and is one of the platforms available for investing in upcoming NFT games.
Over 400 assets can be traded on Alvexo, including NFTs, currency pairs, commodities, stocks, indices, and cryptocurrencies. Alvexo may be a consideration if you want to diversify your portfolio successfully.
Alvexo has an app available for both iOS and Android devices. Depending on the platform you use to trade, you will have access to different features to analyze the market better.
There is also a premium service proposed by Alvexo called Alvexo Plus. With this service, traders have trading signals, market news, webinars, and an economic calendar at their disposal. The Seychelles Financial Services Authority regulates Alvexo.
69.80% of retail investor accounts lose money when trading CFDs with this provider.
OKX is a cryptocurrency platform that provides its services through blockchain technology. It is a platform that has users in more than 100 countries. There are about 300 cryptocurrencies that are available on the platform that can be used.
If you are planning to trade here, you should know that it has a very simple interface that works well for beginners. However, it is also possible for more experienced traders to use the platform according to their knowledge.
In this platform, in terms of commissions for operations, you can get to pay about 01.0%. It all depends on the level of the operation. Something that can be a disadvantage is that possibly this platform charges some hidden commissions, so it is better to be prepared for when you decide to invest using OKX.
Among the methods accepted to buy cryptocurrencies, the platform accepts credit and debit cards, bank accounts, and mobile wallets.
Cypto.com platform has been present on the NFT market since 2021. In addition, Crypto.com has very low fees, which is attractive to users.
The available NFT marketplace on the Crypto.com platform has different NFT collections created on different blockchains such as Ethereum. Furthermore, to better understand and let your investors know how much you are investing, the platform has all your NFTs with a dollar value.
It is very convenient to navigate the Crypto.com platform as it uses a series of colors to highlight the platform's layout further and help the interface be user-friendly simultaneously. In addition, the platform has different filters that can make the search for NFTs easier and faster. Due to its dynamic ecosystem, new NFT projects are constantly being published on the marketplace, so users have access to something new every day.
Considering the advantages of Crypto.com's NFT marketplace, it is a good choice. NFTs meet all the platform's verification requirements, and there is a wide range of them.
Investing in projects opens the door to playing on NFT platforms and enjoying the in-game features that the games have to offer. Furthermore, the value of some NFT tokens has the potential to increase in price, making them a good long-term investment.
Ownership of the project assets: When you play the NFT project, you should know that you are the full owner of all the items you manage to win in the game.This feature makes the biggest difference with centralized titles because when they are of this type, you will always be charged for wanting to buy assets related to the game. Even if you have bought it, you are not the full owner of the digital asset.
A blockchain ledger lets you keep track of all the items you purchase securely and clearly when playing "play to earn" cryptocurrency games. In addition, NFT tokens are used to verify each in-game item.
It exchanges the in-game currency to earn fiat money: The second advantage you get when you invest in the best NFT projects is the option to get in-game coins for each title when certain challenges are met. On the other hand, if you want to sell these nft cryptos, you can do it using a platform such as eToro. For example, Decentraland, one of NFT's most famous games, has raised several billion dollars in market capitalization.
Therefore, the game tokens earned can be easily converted into real money. NFT games stand out for this feature in general.
Game results are fair and transparent, thanks to blockchain technology: Centralized operators design and manage the classic game titles. Thus, game results cannot be revised.
A smart contract determines the success of each game in cryptocurrency titles, so there is no need to worry about this drawback. All games are 100% random, thanks to smart contracts being transparent and immutable.
In this guide, we have presented the best NFT projects for investing. We also mentioned their important features when investing in them.
Each NFT project explained in this guide has something in particular, so we recommend you to analyze all NFT projects so that you can choose the best one through your preferred platform,
Remember that our recommended platform is eToro, a commission-free platform.
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Battle Infinity is listed as the next big NFT project. It is an ecosystem that allows you to play fantasy sports, and at the same time, you can also do staking or saving.
Any NFT project explained in this guide can be a good investment. Among those options are Lucky Block, Tamadoge and Battle Infinity.
Some prominent NFT marketplaces promote upcoming NFT releases on their websites, such as eToro and Crypto.com.
You can invest using a regulated platform such as eToro. Once you have chosen an NFT project, go to the eToro website to invest.
In this article, we have explained some reasons why investing in NFT projects can be a great investment. For example, each project has its own currency, something that can benefit you if it increases in value over time and you decide to sell.
Journalist from Universidad Jorge Tadeo Lozano. Translator of Spanish and English. English as a second language. Interested in International media and sports media.
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