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Sujit Kumar
Feb 19, 2023

The Rise of NFTs – TMS Network (TMSN), Decentraland (MANA), and Axie Infinity (AXS) are Leading the Way

rise of tmsn
Since the advent of web 3, the concept of non-fungible tokens (NFTs) has gained significant popularity in the crypto space. Many crypto projects have keyed into the idea of creating marketplaces for these NFTs. Although most blockchain networks support the trading of NFTs, networks like TMS Network (TMSN), Decentraland (MANA), and Axie Infinity (AXS) are known to be more efficient and better.

Decentraland (MANA) NFT trading volume increased by 500% last year.

Despite being bearish for most of last year, Decentraland (MANA) saw an increase in its NFT trading volume and sold over 143,000 in-game wearable NFTs. Decentraland (MANA) is a 3D blockchain-based metaverse game that allows players to explore, trade, and interact virtually.

On Decentraland (MANA), players are responsible for creating gaming elements that they can personalize using tools purchased on the platform with Decentraland (MANA) tokens.

Although the Decentraland (MANA) token $MANA was fundamentally bearish throughout 2022, the coin has enjoyed a massive bullish momentum in 2023 and has increased by about 86% in the last 30 days.

One Decentraland (MANA) is currently selling for $0.7, and it is expected to break the $1 mark in the next few months. Based on market capitalization, Decentraland (MANA) is ranked as the 44th crypto token in the world. Its all-time high and average trading volume is $5 and 200 million USD, respectively.

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Axie Infinity (AXS) set to reach $15

$AXS is the governance token of the blockchain-based game Axie Infinity (AXS). Like Decentraland (MANA), Axie Infinity (AXS) is a play-to-earn (P2E) crypto game that rewards players with $AXS whenever they play and interact with the game.

With this token, players on Axie Infinity (AXS) can participate in decisions making regarding the governance and operations of the game. Unlike other traditional games, Axie Infinity (AXS) players can also mint and collect digital pets as NFTs, and these pets are known as Axies.

Although Axie Infinity (AXS) also enjoyed a massive price increase during the 2021 bull run, its price tanked in 2022 due to the general bearish season. Fast forward to this year, Axie Infinity's (AXS) price has increased by 57% over the last 30 days.

Lastly, as one of the pioneers of P2E crypto games, there are plans to incorporate more functionality into Axie Infinity (AXS) ecosystem to increase its use cases.

TMS Network (TMSN): The new giant in portfolio management is currently in its presale stages.

Presales are one of the surest ways investors seek to profit maximally in the crypto space. Investing in tokens during their ICOs (Initial Coin Offerings) ensures one can reap the benefits of investing early. TMS Network (TMSN), a new technologically advanced decentralized exchange platform, provides investors with such an opportunity, and it is currently in phase 1 of its presale stage.

While TMS Network (TMSN) doesn’t necessarily focus on NFTs, it is revolutionizing the trading industry by solving the pressing problems of scalability, high trading fees, delayed transaction time, and lack of educational resources and tools that can benefit traders.

In addition to those features, TMS Network (TMSN) also includes features like trading bots, on-chain analytics, effective portfolio management, etc., aimed to help traders make informed decisions and have wonderful trading experiences.

Aside from the great trading features and resources available for TMS Network (TMSN) token  holders, the platform boasts a fully passive commission revenue-sharing program that rewards holders with a percentage of the total trading volume on the platform. This system is intended to help grow the platform and is coded directly into the smart contract, which was audited by InterFi Network.

Summing Up

Unlike Decentraland (MANA) and Axie Infinity (AXS), TMS Network (TMSN) is a blockchain network dedicated to educating its token holders by providing training videos, webinars, and helpful guides to enhance their knowledge and skills. And with its community-first approach, TMS Network (TMSN) is gradually on its way to becoming the number one blockchain network in the crypto world.

For more information on TMS Network (TMSN) please see the links below:

The Rise of NFTs – TMS Network (TMSN), Decentraland (MANA), and Axie Infinity (AXS) are Leading the Way
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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