NFT, which stands for Non Fungible Token, has become a hot topic for the work of American artist Beeple. Daily: First 5000 days, sold for US$69 million in March 2021. With such exorbitant amounts of money being squandered into digital assets, the most popular NFT projects have lured more people into investing in the Metaverse. This is exactly what happened in 2022.
today some NFTs Projects are launched daily. NFT sales are growing exponentially as everyone from world-famous singers to movie stars and celebrities invest in digital assets and show them off on social media.
The top 7 NFT projects from 2022 are:
CryptoPunks is one of the first non-fungible token projects on Ethereum. Launched by Larva Labs in 2017, it has a collection of 10,000 unique collectible tokens that are algorithmically generated. The company collaborated with his two software developers in Canada to create this collection.
The characters in this NFT project look like pixelated versions of punks that you can buy, sell, or bid on. The collection includes the most common form – punk. The collection also includes 88 Zombie Punks, 24 Ape Punks and 9 Alien Punks.
These punks appear in a special background colour Allow buyers to know the status of their digital assets. A red background indicates that it is for sale, and a purple background indicates that the character’s bidding is in progress. However, if the background color is blue, the puncture is not for sale.
The highest-selling CryptoPunk was an alien avatar worth $7.58 million.
American rappers Jay-Z and Snoop Dog are some of the famous CryptoPunk NFT holders, along with tennis player Serena Williams.
Boad Ape Yacht Club
One of the most notable NFT projects was the Bored Ape Yacht Club (BAYC), which was set to attract even more interest in 2022. music producer DJ Khaled YouTuber Logan Paul. The latest celebrity to join the bandwagon is American rapper Eminem, who now owns digital art that resembles him. I also use it as my Twitter profile picture.
Created by Yuga Labs, BAYC features animated apes of varying characteristics and rarities that disrupt the Ethereum blockchain. The NFT Project has a collection of 10,000 unique Bored Apes.
Launched in April 2021, its prices have skyrocketed in months, making this collection one of the most highly regarded collections in the industry. Those who own these NFTs are given a yacht club membership card with many perks, including invitations to private his concerts in the digital world.
The highest BAYC NFT has ever been auctioned is 769 ETH or US$2.3 million.
Mutant Ape Yacht Club
The Mutant Ape Yacht Club (MAYC) is a unique collection of apes created as a separate project by the makers of BAYC.
MAYC will be released in August 2021. In his collection he had 10,000 mutant apes and instantly he was sold for US$96 million. But this is not where the “mutation” stopped.
according to CoingekoMAYC can be made “by using vials of mutant sera or by minting mutant monkeys at public auctions.”
What this means is that the creators of BAYC have added a unique system that not only greatly benefits owners of the original Bored Ape NFTs, but also raises the bar for Mutant Apes popularity.
They have introduced a new NFT known as ‘serum’. Bored Ape card holders can add his three types of “serums”, including Mega His Mutant Serum, to their “Apes” and transform them into Mutant His Apes.
This meant that all 10,000 Bored Apes could be converted into an equal number of Mutant Apes. In addition to the already released mutants, the total number of NFTs in the Mutant Apes collection has reached 20,000.
MAYC NFT is slightly more affordable compared to Bored Apes, which celebrities and venture capitalists are currently hoarding.
Mutant Ape is priced at approximately US$32,600.some celebrities The NFTs that own Mutant Ape Yacht Club include American rapper Lil Baby, actor Drake Bell, NBA legend Shaquille O’Neal, and Ethereum co-founder Taylor Gerring.
Another NFT project to know from 2022 is gaming Axie InfinityIt is a blockchain game that you earn by playing. Residing in the Metaverse, the game was originally launched in May 2018 and has gained a lot of popularity since last year.
The official website describes the game as “a universe filled with fascinating creatures known as Axies that players can collect as pets.”
Furthermore, “players aim to fight, breed, collect, grow and build kingdoms for their Axies. We have a player-owned economy where we can truly own, buy, sell, and trade resources that we own.”
The most expensive Axie ever sold is US$820,000 and the game has 2,800,000 daily active players, the website says.
Another collection of headline-making NFT spaces is cool catand resides on the Ethereum blockchain. Launched in June 2021, it consists of his 9,999 unique characters based on Aoneko’s animations. But what makes each of these characters unique is the combination of different facial expressions, traits, and outfits.
One of the best things about this NFT is that developers can breed characters for future generations. The highest bid ever made was for a cool zombie his cat that auctioned for US$3.5 million. These NFTs can only be used as art until now and their owners can participate in various events and community giveaways.
Mike Tyson is one of the few celebrities to own a Cool Cats NFT.
Released in July 2020, Decentraland One of the newest projects in NFT.
Decentraland, the top of the Ethereum blockchain, allows users to enter a virtual reality world where they can buy land, build a house, and create an avatar. Not only that, but owners can also exchange their own digital collections.
Buying land here can cost a lot of money. reported that business insider, Land sold for USD 15.53 million in Decentraland in November 2021.
Paris Hilton is one of the celebrities associated with Decentraland.
Larva Labs created Meebits in May 2021. Following a similar vibe to CryptoPunks, Meebits are pixelated 3D avatars that can be used in virtual worlds. The NFT collection consists of 20,000 unique renderable characters. Depending on the rarity of the character, the price can be hundreds of ETH. However, the average NFT price is around US$14,700.
Hong Kong actor and singer Shawn Yue Man-lok is an investor in Meebits. Crypto Twitter influencer Soby is also one of quite a few celebrities who own Meebits.
(Main and featured images: The Lunacian/Axie Infinity/axie.substack.com)