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NFT Powerhouses: Why Stacks, Immutable X, and Sandbox Are Must-Buys

CFN Feature Crypto
  • Stacks (STX) boosts Bitcoin with smart contracts, PoX scalability, and secure sBTC assets.
  • Immutable X scales Ethereum NFTs with zk-rollups, 9,000 TPS, and unified liquidity for creators.
  • The Sandbox empowers users with NFTs, DAOs, and SAND for creating and monetizing virtual worlds.

Explore Stacks (STX), Immutable X (IMX), and The Sandbox (SAND)—projects redefining blockchain with smart contracts, NFT scalability, and virtual gaming worlds

Stacks (STX): A Bitcoin Layer for Smart Contracts

Current price:$1.45

Market cap: $2.19B

Stacks (STX) works as a Bitcoin Layer that helps in further development of Bitcoin by introducing smart contract and dApps functions. Integrated this way it enables the developers to use the Bitcoin as an investment asset and also as a payment protocol for the transactions. Unlike traditional smart contract solutions, Stacks relies on Bitcoin security and data integrity and features Proof of Transfer (PoX) architecture for scalability.

]The Stacks network allows for the messaging and resolution of transactions on Bitcoin’s Layer 1 (L1) making the network highly secure because it leverages Bitcoin’s hashpower. It also entails that Stacks blocks are in consensus with the proof-of-work consensus of Bitcoin, and any attempt to attack it would be a direct attack on the Bitcoin network. Additionally, Stacks’ upcoming features include a 1:1 Bitcoin-backed asset, sBTC, which should help the platform perform atomic swaps, and other important features while keeping the link to Bitcoin intact.

Immutable (IMX) Scale Ethereum’s NFT Ecosystem

Current price: $1.21

Market cap:  $2.07B

Immutable X, on the other hand, is a Layer-2 scaling solution intended to fix most of these problems that affect Ethereum, especially in the NFT market. The goal is to combine scalability with low costs of minting and trading and high security without compromising the usability. This scaling solution relies on zk-rollups facilitating transactions, and it can undergo 9 000 tps making it one of leaders in Ethereum’s NFT market.

Immutable X is designed to be a solid layer for NFTs dealing with trading and minting and is aimed specifically to work with mainstream gaming and content providers. Its protocol is designed to accommodate a single, unified global order book in order to be able to attain liquidity across multiple marketplaces and to give NFT creators and developers the ability to access the platform’s tools with ease.

The Sandbox: A Blockchain-Powered Virtual World

Current price:$0.5861

Market cap:  $1.43B

The Sandbox is gaming platform that is built on the blockchain platform and lets users create, trade and sell virtual entities. The Sandbox has centered on the use of DAOs and NFTs to deliver a model of mutual earnings through gaming, in which users play and create at the same time. Its SAND utility token helps perform all operations on the platform, allowing users to participate in decentralized decision-making.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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