Home Business Business News | NFT Crypto: Are Mehracki (MKI) and Cronos (CRO) leading the way?

Business News | NFT Crypto: Are Mehracki (MKI) and Cronos (CRO) leading the way?

Business News |  NFT Crypto: Are Mehracki (MKI) and Cronos (CRO) leading the way?

New Delhi [India], Aug 08 (ANI/ATK): Although NFTs have been around since 2014, they only gained prominence in 2021. Throughout 2021 and 2022, NFTs have grown rapidly. Famous artists even use NFTs in their music videos. Therefore, in this article, we will be looking at two cryptos leading the way in the NFT sector.

Mehracki (MKI) and Cronos (CRO) grabbed headlines for all the right reasons. Cronos is a leader in the NFT industry, hosting an NFT marketplace called CroSea. Mehracki seeks to join this trend and dominate the NFT market with its unique reward system that offers users NFTs for their loyalty.

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The many partnerships of Cronos (CRO)

Cronos (CRO) is the utility token of the Crypto.com platform. Crypto.com users can get discounts on fees by using CRO and can stake their tokens for various benefits. The Crypto.com platform is frequently endorsed by celebrities. They even have Matt Damon on their website!

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Crypto.com has a huge network of partnerships. Have you ever heard of the soccer world cup? Well, Crypto.com sponsors it! It has ties to every sport you can imagine. From eSports to the Australian Football League, Crypto.com does it all. This means it will reach the hundreds of millions of fans that sports get, giving Cronos more exposure.

As mentioned earlier, Cronos hosts an NFT marketplace. You can design your own NFTs and sell or auction them on CroSea. The website is easy to navigate and allows the user to mint their NFT for a single CRO token!

NFTs are becoming more common as they gain popularity. Snoop Dogg and Eminem released a music video titled From The D 2 The LBC. In the video, they were described as their Bored Ape Yacht Club NFT characters. As more and more people drift towards NFTs, Cronos has developed a platform that welcomes them with open arms.

Will Mehracki (MKI) be the Best Meme Token?

Mehracki (MKI) has been in the headlines since its pre-sale launch in May. The highly anticipated platform seeks to break the trend of zero utility associated with meme tokens. Instead, he wants to create an expansive platform that can cater to all crypto enthusiasts. Learn more here.

One of the unique features of Mehracki includes the reward system for holding the MKI token. If you pay for services using MKI or own MKI, you will reach spending and loyalty milestones. Once they are reached, you will receive NFTs, the rarity of which will depend on the milestone.

These NFTs can then be sold on the Mehracki NFT market for a substantial profit or you can use them as voting power for the DAO. The DAO allows you to vote on questions regarding the platform and even allows you to submit your proposals to the community for a vote. That’s right, Mehracki makes sure your voice is heard!

Staking and yield farming are additional services on the Mehracki platform. They have the potential to earn you passive income. Staking your assets means that you lock your tokens in smart contract-secured liquidity, which lenders can borrow. Users get rewards in the form of an annual percentage yield (APY) which is currently 15% for at least 30 days!

To sum up Cronos (CRO) has the potential to become the biggest NFT market in the market. The huge network of partnerships with various sports teams opens doors for newcomers to the NFT market.

However, Mehracki (MKI) offers its users free NFTs for simply holding or spending MKI, and NFTs are used for multiple purposes. As a newcomer, Mehracki (MKI) has a lot of potential to lead the NFT market. Trust has been lost with established cryptos following the bear market. Could Mehracki be the alternative?

For more information on Mehracki (MKI), please read this article: Can Mehracki get similar celebrity endorsements from Cardano?

Mehracki links (MKI):

Presale: https://buy.mehracki.io/register

Website: http://mehracki.io

Telegram: https://t.me/Mehracki_Official

This story is provided by ATK. ANI shall in no way be responsible for the content of this article. (ANI/ATQ)

(This is an unedited and auto-generated story from syndicated newsfeed, LatestLY staff may not have edited or edited the body of the content)


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