At its peak, CNFTs were quite popular, with high trading volumes. Only Ethereum, Solana, and Polygon had more trading activity in terms of dollars. But there's a catch: Cardano's tokens are cheaper, so they need to sell a lot more to compete with the big players.
Is Cryptocurrency Still Popular?
Some think cryptocurrency was just a trend that came and went, but that's not true. Even though trading has slowed down lately (which is normal in a down market), cryptocurrency is still used a lot in online shopping. It's becoming a preferred choice because using crypto for online payments ensures your money gets sent, and you don't have to worry about the bank blocking the payment for any reason.
Among the many ways people use crypto, one standout is in online slots. These slots have become trendy, especially among online streamers who play exciting games that are more advanced than expected, attracting thousands of viewers.
Why Choose Cardano?
The crypto world can be a bit unfriendly sometimes, with supporters of one network criticizing those of another. Cardano is often called a 'ghost chain' because it has fewer users compared to others. However, Cardano is known for its strong sense of community. Members are friendly, provide helpful feedback, and guide newcomers on learning about the network, decentralized apps, and NFTs.
Like many other networks, Cardano has influencers who share information about various applications, projects, and things to keep an eye on, making it easy for beginners to understand.
Unique Projects on Cardano
1. The Ape Society (TAS)
TAS has been a top project on Cardano for over a year. They focus on three things: art (with 7,000 unique pieces), community (members get exclusive access to content), and an ecosystem (holders can create 'Cabins' in their virtual world). They also have a native token, $Society, which you can earn by staking.
2. SpaceBudz
Also known as the first NFTs on Cardano. 10,000 SpaceBudz are in existence and each astronaut is unique. Animals, robots and other mysterious creatures with different features and properties await you!
3. Clay Nation
Clay Nation started as a collection of 10,000 unique NFTs made of real clay. It's popular not just for art or community but also for its connection to Good Charlotte and partnership with Snoop Dogg, making it stand out in the Cardano community.
4. Goofy Gophers Mining Club (GGMC)
GGMC is a unique project that shares mining rewards with its holders. They mine various cryptocurrencies, and there's a system where different NFTs provide different rewards. In our opinion a new and unique way of utilizing NFTs.
