How black and white the world would have been without innovations and cool technology! Forget colors. The introduction of NFTs has added glitter to the world. It is shimmering so much that it is hard for our eyes to look past the NFTs and resume business. One can’t help but wonder what are NFTs and why NFTs are so popular!
Here is a list of 5 top NFT projects with tons of steam left:
1. Bored Ape Yacht Club
Bored Ape Yacht Club (BAYC) is THE biggest NFT collection at the moment. It is so big that it acquired CryptoPunks, one of the top NFTs in itself. The Bored Ape Yacht Club is a collection of 10000 unique Bored Ape NFTs. These monkeys have made it to the collection of top celebrities like Madonna, Tom Brady, and Steph Curry.
Owners of Bored apes are the elite members of BAYC and provide exclusive access to private parties, Discord server, and the BATHROOM. On this community drawing canvas, one can own digital graffiti. This project is already staying on top of its game by working towards laughing its own metaverse platform and featuring more NFT collections like CryptoToadx, Mutant Ape Yacht Clube, and Bored Ape Kennel Club.
2. CryptoPunks
How can we not cover CryptoPunks in this list! It is one of the first NFT projects to have taken off. They are unique pixelated Avatars called “punks” that have a limit of only 10000–3,840 females and 6,039 males. Initially, they were free, and anyone could claim them. How we wish we got our hands on one of them! These days, the more accessories the punks wear, the more they are valued. Did you know? A CryptoPunk has sold for 4200 ETH! This Ethereum based NFT project is a must-have on your watchlist!
3. Decentraland
Decentraland is one of the most popular metaverse projects out there. This game stands out as it creates an immersive world where people can buy land and develop the land as they see fit. Here, one can chill in virtual events and buy cool things like accessories for their Avatars. To give you an idea of where you can chill in, fashion brand H&M and tech giant Samsung have already launched their virtual stores on Decentraland. Mark Zuckerberg is so keen on metaverse that you never know when he might drop a bomb. If the metaverse industry soars, so will Decentraland. Although there are some great NFT marketplaces, Decentraland has its own marketplace as well. How cool is that?
4. Axie Infinity
Axie Infinity is a game that has a huge footfall. Here, you can wander around collecting Axies and train them. You can even engage them in battles and show off your training prowess. And the best part? Users get rewarded for playing. In fact, that’s what makes Axie Infinity stand out from other NFT games. The play-to-earn model attracts even novice users, and its token AXS is packed with utility. You can earn them by playing games, stake them, and profit from transacting like any cryptocurrency. You can even buy Axies and rent them to other players. It creates multiple revenue streams for users and hence is one of the best NFT projects out there.
5. NBA Top Shot
National Basketball Association (NBA) is the mastermind behind NBA Top Shot. NBA Top shot is a blockchain marketplace where these fans can buy and sell NBA players’ highlights. The NFT collections have clips of nail-biting game moments. They include stats of the game and players and other game details. You can also buy NFTs as limited packs are issued for sale weekly. The prices vary depending on the demand and rarity. The legendary moment of LeBron James was purchased for $208,000. NBA is worth $50 billion with over 100 million fans worldwide. These fans are probably the most excited about the NBA Top Shot NFT projects, and we are a close second.
Bottomline
Even though NFTs come with an NFT gas fee, they are negligible compared to the returns they generate. NFTs are the only profitable investments where we can use the F-word: FUN! So go ahead, and have fun dabbling in these NFT projects.
Disclaimer: The information provided in this article is not intended to provide investment or financial advice. Investment decisions should be based on the individual’s financial needs, objectives, and risk profile. We encourage readers to understand the assets and risks before making any investment entirely.
