Crypto analyst Ben Armstrong foresees a bright future for Cardano-based NFTs

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cardano (ada) price struggling at $0.10 resistance despite ongoing election uncertainty

Cardano (ADA/USD) has been making headlines for over a month recently, all thanks to the launch of smart contracts on its mainnet. While smart contracts only went live on September 12th, the anticipation has caused its price to skyrocket in the weeks before the event. Following the launch, however, the crypto industry saw another wave of bearish market, which coincided with Cardano’s price correction.

But, despite the drop, crypto analyst and influencer, Ben Armstrong, believes that Cardano’s NFT sector shows a lot of promise.

In his recent tweet, Armstrong said that Cardano’s NFT sector seems to have a bright future, despite its extremely young age. Armstrong is well-versed in the crypto industry, being the host of a popular YouTube channel, BitBoy Crypto. He also addressed some of the NFT projects that he believes have the most potential of all that are currently launching on its network.

Which NFT projects did Armstrong like the most?

The first one he addressed is Zombits, an NFT project that features 10,000 unique collectibles. The project consists of several NFT sets, each of which offers a unique set of traits, while each trait has a specific rarity. This ensures that some Zombits are rarer than others.

The project has a number of events planned out, including the launch of 10,000 Humanbits in October, the development of Humanbits vs Zombits game in October and November, the game’s launch in November, and the launch of a Zombits staking pool in December.

Next, Armstrong also addressed a project called SpaceBudz, which also features 10,000 units, each of which represents a unique astronaut owned by only a single collector at a time.

And, finally, there is Clay Nation that has a collection of only 10 characters. However, each of them has around 100 handcrafted clay traits in 8 different categories. Each character will double as they enter Clay Nation, which is imagined as an exclusive members zone with a very festive atmosphere.

The post Crypto analyst Ben Armstrong foresees a bright future for Cardano-based NFTs appeared first on Invezz.

from Cardano – Invezz

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