{"id":36291,"date":"2022-11-26T11:09:27","date_gmt":"2022-11-26T11:09:27","guid":{"rendered":"http:\/\/egrowonline.com\/?p=36291"},"modified":"2022-11-26T11:09:27","modified_gmt":"2022-11-26T11:09:27","slug":"cardano-ethereum-and-rocketize-token-three-coins-redefining-nfts-in-the-crypto-market","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=36291","title":{"rendered":"Cardano, Ethereum and Rocketize Token: Three Coins redefining NFTs in the Crypto Market"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Cardano (ADA), Ethereum (ETH), and <a target=\"_blank\" href=\"https:\/\/rocketize.io\/\" rel=\"sponsored noopener\"><strong>Rocketize Token (JATO)<\/strong><\/a> are bringing a new meaning to NFTs in the cryptocurrency market.<\/p>\n<p>The NFT market has a total market cap of over <a target=\"_blank\" href=\"https:\/\/www.google.com\/search?client=safari&amp;rls=en&amp;q=total+value+of+nfts+in+crypto&amp;ie=UTF-8&amp;oe=UTF-8\" rel=\"sponsored noopener\">$11.3 billion<\/a> and more than 2.4 million unique wallets are in use to facilitate transactions.<\/p>\n<p>Hence, this is an extremely lucrative element of the crypto industry that investors rely on to make a healthy profit.<\/p>\n<p>This is not through divine intervention. The purchase and selling of NFTs are one of the few things that crypto enthusiasts have control over.<\/p>\n<p>And the variety of NFTs at their disposal is endless. It doesn\u2019t matter if you want to own digital collectibles, concert tickets, avatars, or music, there really is a non-fungible token for everything.<\/p>\n<p>However, NFTs are not all sunshine\u2019s and rainbows. If you invest in the wrong token, you could lose a lot of money. Just ask <a target=\"_blank\" href=\"https:\/\/hypebeast.com\/2022\/11\/justin-bieber-bored-ape-nft-1-3-million-usd-paid-now-worth-69k-usd\" rel=\"sponsored noopener\">Justin Bieber<\/a> who bought a Bored Ape for $1.3 million and now his item has a value of around $69,000.<\/p>\n<p>Furthermore, with new NFTs constantly being created, it\u2019s no secret that excessive energy consumption is not good for the environment.<\/p>\n<p>Regardless, Cardano, Ethereum, and Rocketize Token are here to make NFTs a more ethical, profitable, and fun proposition for investors.<\/p>\n<h2>Cardano breaks into the top 3 for NFTs<\/h2>\n<p>Cardano is now the <a target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/mariagraciasantillanalinares\/2022\/10\/29\/cardano-nfts-becomes-third-largest-nft-protocol-by-trading-volume\/?sh=6ee4b5587529\" rel=\"sponsored noopener\">third most popular<\/a> NFT protocol on the crypto market, reaching an NFT volume of 19 million when last reported in September.<\/p>\n<p>Only behind Ethereum and Solana (SOL), Cardano\u2019s new position is largely attributed to its recent <a target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/ninabambysheva\/2022\/09\/22\/cardanos-long-awaited-vasil-upgrade-goes-live\/?sh=1610eb7e1885\" rel=\"sponsored noopener\">Vasil update<\/a>.<\/p>\n<p>The upgrade has led to reduced transaction time, allowing investors to purchase NFTs more efficiently.<\/p>\n<p>Not to mention, the launch of Plutus V2, a contract language that will make it easier for developers to build on the Cardano chain and introduce new groundbreaking NFTs into the market.<\/p>\n<h2>Ethereum portrays the Eco-Friendly future of NFTs<\/h2>\n<p>Cardano is not the only cryptocurrency making upgrades as Ethereum switched from a proof-of-work protocol to a proof-of-stake mechanism in September.<\/p>\n<p>Ethereum\u2019s upgrade means it uses <a target=\"_blank\" href=\"https:\/\/www.investopedia.com\/how-green-is-ethereum-2-0-6666266\" rel=\"sponsored noopener\">99.95% less energy<\/a> than previously and produces a significantly lower carbon footprint.<\/p>\n<p>This is good news for the crypto space on the whole as a large portion of NFTs are built on the Ethereum blockchain. Therefore, future and current NFTs that are built on Ethereum, will be less damaging to the environment.<\/p>\n<p>For perspective, <a target=\"_blank\" href=\"https:\/\/www.forbes.com\/advisor\/investing\/cryptocurrency\/bitcoins-energy-usage-explained\/\" rel=\"sponsored noopener\">Bitcoin (BTC)<\/a> uses a proof-of-work mechanism and uses 707 kilowatt-hours (kWh) of electricity for each transaction.<\/p>\n<h2>Rocketize Token is set to introduce Meme NFTs<\/h2>\n<p>Unlike Cardano and Ethereum, Rocketize Token has not officially been released yet. Nevertheless, it proposes to allow investors to create new NFT tokens based on memes.<\/p>\n<p>Rocketize Token\u2019s community, Atomic Nation, has led to the creation of ROCKMint. ROCKMint utilises Web 3 dApp wallets to create and store NFT collectibles.<\/p>\n<p>Then, those who are part of the community can upload their favourite memes and convert them into specialised collectable cards.<\/p>\n<p>Thus, with Rocketize token, investors have a chance to use their creativity and bring their own concepts to life.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-415052\" src=\"https:\/\/cdn.euroweeklynews.com\/wp-content\/uploads\/2022\/11\/Cardano-Pic-2.jpg\" alt=\"\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/cdn.euroweeklynews.com\/wp-content\/uploads\/2022\/11\/Cardano-Pic-2.jpg 1920w, https:\/\/cdn.euroweeklynews.com\/wp-content\/uploads\/2022\/11\/Cardano-Pic-2-300x169.jpg 300w, https:\/\/cdn.euroweeklynews.com\/wp-content\/uploads\/2022\/11\/Cardano-Pic-2-1024x576.jpg 1024w, https:\/\/cdn.euroweeklynews.com\/wp-content\/uploads\/2022\/11\/Cardano-Pic-2-768x432.jpg 768w, https:\/\/cdn.euroweeklynews.com\/wp-content\/uploads\/2022\/11\/Cardano-Pic-2-1536x864.jpg 1536w\" \/><\/p>\n<h2>Final Thoughts<\/h2>\n<p>Cardano, Ethereum, and Rocketize Token have immense potential to change NFTs for the better.<\/p>\n<p>Cardano\u2019s Vasil update will make it easier to sell and buy NFTs, Ethereum\u2019s proof-of-stake upgrade means NFTs will be more eco-friendly and Rocketize is set to revolutionise NFTs with custom-built meme-related tokens.<\/p>\n<p><strong>For more information about Rocketize Token:<\/strong><\/p>\n<p><strong>Presale: <\/strong><a target=\"_blank\" href=\"https:\/\/rocketize.io\/buy?ref=MEDIA-INH\" rel=\"sponsored noopener\"><strong>https:\/\/rocketize.io\/buy<\/strong><\/a><strong>\u00a0 <\/strong><\/p>\n<p><strong>Website: <\/strong><a target=\"_blank\" href=\"http:\/\/rocketize.io\" rel=\"sponsored noopener\"><strong>http:\/\/rocketize.io<\/strong><\/a><strong>\u00a0 <\/strong><\/p>\n<p><strong>Telegram: <\/strong><a target=\"_blank\" href=\"https:\/\/t.me\/RocketizeTokenOfficial\" rel=\"sponsored noopener\"><strong>https:\/\/t.me\/RocketizeTokenOfficial<\/strong><\/a><\/p>\n<p>Sponsored<\/p>\n<hr \/>\n<h6>The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost<\/h6>\n<h6>La inversi\u00f3n en criptoactivos no est\u00e1 regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido<\/h6>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMifGh0dHBzOi8vZXVyb3dlZWtseW5ld3MuY29tLzIwMjIvMTEvMjYvY2FyZGFuby1ldGhlcmV1bS1hbmQtcm9ja2V0aXplLXRva2VuLXRocmVlLWNvaW5zLXJlZGVmaW5pbmctbmZ0cy1pbi10aGUtY3J5cHRvLW1hcmtldC_SAYABaHR0cHM6Ly9ldXJvd2Vla2x5bmV3cy5jb20vMjAyMi8xMS8yNi9jYXJkYW5vLWV0aGVyZXVtLWFuZC1yb2NrZXRpemUtdG9rZW4tdGhyZWUtY29pbnMtcmVkZWZpbmluZy1uZnRzLWluLXRoZS1jcnlwdG8tbWFya2V0L2FtcC8?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano (ADA), Ethereum (ETH), and Rocketize Token (JATO) are bringing a new meaning to NFTs in the cryptocurrency market. The NFT market has a total market cap of over $11.3 billion and more than 2.4 million unique wallets are in use to facilitate transactions. Hence, this is an extremely lucrative element of the crypto industry [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":36292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[40],"tags":[266,166,62,158,219,502,7375,11444,452],"class_list":["post-36291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-cardano","tag-coins","tag-crypto","tag-ethereum","tag-market","tag-nfts","tag-redefining","tag-rocketize","tag-token"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/11\/Cardano-Pic-1.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/36291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36291"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/36291\/revisions"}],"predecessor-version":[{"id":36293,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/36291\/revisions\/36293"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/36292"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36291"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}