Rocketize Token proposes a new approach to NFTs: Do Decentraland and Bored Ape Yacht Club need to renew their tokens?

Rocketize Token proposes a new approach to NFTs: Do Decentraland and Bored Ape Yacht Club need to renew their tokens?

Rocketize Token proposes a new approach to NFTs: Do Decentraland and Bored Ape Yacht Club need to renew their tokens?

Rocketize Token (JATO) is set to completely revolutionize NFTs in the crypto market once released.

Ever since NFTs hit the scene in 2015, they have brought elements of fun and innovation to an otherwise money-focused industry.

It doesn’t matter if you want to use your crypto to buy an eye-catching digital collectible, concert tickets or fan tokens, the possibilities are endless.

Thanks to NFTs, crypto geeks can interact with celebrities, sports teams and parallel universes that were previously not possible. Also, smart investments in rare items that can be sold for big profits in the future.

Hence the success of recognized NFT projects such as Decentraland (MANA) and Bored Ape Yacht Club (BAYC).

However, these projects and many others do not allow investors to create their own NFTs. Individuals are forced to indulge in whatever tokens are available without using their initiative and adding value to a community on their own.

Rocketize Token plans to give every investor a sense of pride and ownership for every NFT they bring to the ecosystem. This is a notion that Decentraland and BAYC may need to implement if they want to stay ahead of the competition.

Decentraland: Is virtual land enough for an incentive?

Decentraland is a virtual reality world that runs on Ethereum. Users can purchase an in-game NFT token known as LAND to own digital real estate and use Decentraland’s primary token, MANA, to facilitate all in-game interactions.

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To Decentraland’s credit, those who own large amounts of LAND can use their imagination. Users can create a variety of games and then monetize them by charging other users to play them.

Not to mention, hosting a variety of events. For example, a music festival recently took place in Decentraland which included renowned artists such as Ozzy Ozbourne and Soulja Boy.

BAYC: Is it time to release new monkeys?

Bored Ape Yacht Club is one of the most popular and lucrative NFT collections on the market. One monkey was notoriously sold for $3,408,000, which means someone made a life-changing amount of money.

With 10,000 designs varying in expression, color, accessories and clothing, it’s no surprise that the NFT collection has been so successful.

Nevertheless, the cost of a non-rare monkey is astronomical and it may be time for the BAYC gods to release newer designs.

And if they let investors have a part to play in the creation, they can further increase market value while providing a community sense of ownership that is currently lacking.

Rocketize Token: Bringing the Concept of Meme NFTs To Life

Rocketize Token plans to give investors the power to manifest meme-based NFTs through special minting events.

Anyone who is part of Atomic Nation, the Rocketize Token community, will have access to ROCKMint which uses Web 3 wallets to facilitate the storage and generation of NFT collectibles.

Then all users need to do is upload their favorite memes and turn them into a trading card.

Final thoughts

Rocketize Token depicts the future of NFTs where those in the crypto community can seamlessly create their own tokens.

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Decentraland allows investors to be creative through virtual land projects in the metaverse, but users cannot add new tokens to the game that are not already present.

In the meantime, BAYC may need to allow users to create their own Ape designs so that investors can still participate in a very expensive marketplace.

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Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered investment advice. Always do your own research before deciding to buy, sell or transfer crypto assets.

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