NFTs introduced a new combination of tokens and art to the world and cannot be said to be just digital artwork or cryptographic tokens. For this reason, collections and projects from NFT are popular and have more fans in NFT markets, both artistic and functional.
The artistic part of NFTs does not necessarily include creative and complex arts. Also, pixelated and simple paintings, such as CryptoPunks and CryptoKitties, can be seen in the markets. In terms of the applications of an NFT project, there are cases where the applications of NFTs are precise. But sometimes, an NFT project starts gathering members, and later, they determine the uses of NFTs. Today in this article, we explain the best NFT projects and how to find the best NFT projects.
NFTs are created on blockchains like Ethereum, Polygon, Solana, etc. Each network has its own set of NFTs and NFT standards, but first, you must specify which network you want to work on. Most of the NFTs are on the Ethereum network, but in a short time, Polygon’s blockchain network has achieved the power of the Ethereum network and contains many NFTs.
Like the Bored Hamster NFTs in the Polygon blockchain network, the OpenSea marketplace is suitable for Polygon and Ethereum blockchain NFTs. Most of the famous collections are in OpenSea. On the OpenSea website, you can see the top projects, and you can also search and see many NFTs and check them in terms of the number of collections, the number of owners, the floor price, and the activity.
But “which project is better?” or “which are the best NFTs for investment?” It is the concern of everyone who wants to enter the NFT market. Your curiosity to find the best NFT projects is quite inevitable. So in the following, we will introduce some of the best and best-selling NFT projects.
Reasons for the excellence of an NFT project
- Number of Mints: Minted NFTs and the amount of activity are essential.
- Price: NFTs worth between 0.01 and 0.1 Ethereum are suitable for investment.
- The number of NFTs in a collection: NFT collections that are 10,000 pieces and are limited in production are more suitable.
- Road Map: The road map shows the future information of the project, which you can usually check on a project’s website.
- Usage: Knowing the use of NFT and its path is vital in long-term investment.
- Social networks: How is the activity level on social networks such as Twitter, Instagram, Discord, etc.?
- Team members: There are projects whose owners are not known. Such projects are usually scams. You can see the team members or the company that launched the NFT from the project website.
- NFT rewards: Many projects give bonuses to members and owners of NFTs, which will generate multiple profits in the future, like the Bored Hamster NFTs that provide facilities to the owners of these NFTs in Metavers.AE. In addition, the Bored Hamster NFT project has launched a video game through which you can win free NFT daily. Such projects will have exponential earnings for buyers.
When choosing a project, ensure that the project’s vision is fulfilled. For example, the NFT platform SudoRare has deleted all social network accounts and disappeared. This project has more than 520 Ethereum worth nearly 815,000 thousand dollars! (Source)
Related Post: This is a scam called Rug Pull. We have listed all the fraud methods in the field of NFTs in one article. You can read it for complete information.
Also, make sure that the NFTs can realize the applications they have in mind in the future. Applications of promising projects like Bored Hamster are always clear from the start. The owners of such projects advance the project processual and with the continuous growth of the river map. For more information about the status of an NFT project, you can also refer to the following sites :
These websites provide you with complete information about an NFT project. Also, the website of the project and the social networks in which they operate can be accessed on the page specific to each NFT project.
Criteria for selecting the best NFT projects
With the increasing popularity of NFTs, there has been a surge in the number of NFT projects in the market. As a result, it can be challenging to identify the best NFT projects worth investing in or exploring. The criteria for selecting the best NFT projects can vary depending on the category, purpose, and personal preferences of the buyer or investor. However, some essential factors that can determine the success and long-term value of an NFT project include the following:
Artistic merit
Artistic merit is one of the crucial criteria for selecting the best NFT projects. The artistic value of an NFT project can determine its long-term value and appeal to collectors and investors. NFTs that feature high-quality, visually appealing artwork or are created by renowned artists tend to have higher demand and value in the market.
Moreover, the uniqueness and originality of the artwork can make an NFT stand out from the crowd and increase its rarity and collectibility. For example, Beeple’s “The First 5000 Days” NFT, which features a collection of digital artwork created over 13 years, sold for $69 million at Christie’s auction, broke the world record and became the most expensive NFT at that time. The NFT’s high artistic merit, originality, and rarity contributed to its unprecedented success in the market.
Artistic merit can also be subjective, and buyers and investors may have varying preferences for styles, themes, and genres. However, NFT projects demonstrating creativity, innovation, and artistic excellence are more likely to stand the test of time, retain their value, and appeal to collectors and enthusiasts.
Innovative use of blockchain technology
One of the criteria for selecting the best NFT projects is the innovative use of blockchain technology. NFTs are a unique digital asset class offering endless creative expression and technological innovation opportunities. The most successful NFT projects are those that leverage the unique properties of blockchain technology to provide special features and functionalities that are impossible with traditional digital assets.
For instance, some NFT projects use smart contracts to enable automatic royalty payments to the creators whenever their works are sold or resold. Others incorporate novel mechanisms for token issuance, distribution, and governance that promote community participation and transparency. Some NFTs leverage the full potential of blockchain technology by creating decentralized platforms for creating, curating, and trading digital art.
Overall, NFTs that showcase the full potential of blockchain technology and offer innovative features and functionalities are more likely to attract collectors and contribute to the growth of the NFT market. As such, creators and developers of NFT projects should strive to incorporate novel blockchain-based solutions that enhance the user experience and promote sustainability and transparency in the industry.
Market success and impact
Market success and impact are essential criteria for selecting the best NFT projects. The NFT market is rapidly evolving and expanding, with new projects and platforms emerging every day. Therefore, the success and impact of an NFT project can indicate its value and potential for growth in the market.
Successful NFT projects typically attract a large and engaged community of collectors, investors, and creators. They also generate significant media coverage, buzz, and interest outside the NFT world. Furthermore, successful NFT projects can significantly impact the broader art world, influencing trends, setting standards, and challenging traditional norms and practices.
Overall, NFT projects that have achieved market success and significantly impacted the art world are more likely to be considered among the best NFT projects. However, it is essential to note that success and impact are not the only criteria for evaluating NFTs and that artistic merit and innovative use of blockchain technology are equally important factors to consider.
Community involvement and engagement
Community involvement and engagement are critical criteria for selecting the best NFT projects. The success and longevity of an NFT project is heavily dependent on the level of involvement and engagement from its community of creators, collectors, and investors.
NFT projects that foster a strong sense of community, encourage participation and collaboration, and promote diversity and inclusivity are more likely to succeed in the long term. This can be achieved through various means, such as community events, social media engagement, and feedback mechanisms that allow community members to have a voice in the direction of the project.
In addition to ensuring the long-term viability of an NFT project, community involvement, and engagement can also add value to the project by enhancing its reputation and brand recognition. By building a strong community, NFT projects can attract new creators, investors, and collectors, leading to increased market success and impact.
Community involvement and engagement are crucial factors to consider when evaluating the best NFT projects.
Top NFT Projects
These days everybody is talking about NFTs. Every day, thousands of NFTs are uploaded to various NFT marketplaces. There is no doubt about the progress and expansion of NFTs. But some NFT projects have a different nature, which shows their future developments. If you have wondered which of these NFTs are the best or have ever gotten curious about it, don’t waste more time, and let’s get started with 5 of the best NFT projects! Below are examples of these projects.
NBA Top Shot
Millions of NBA or basketball fans back the NBA Top Shot collection. This collection is one of the best NFT projects for basketball lovers.
Crypto Network: Flow
Buyers: 441,965
Sales: Over $1 billion
Total Transactions: 20 million
Bored Ape Yacht Club
This project includes 10,000 unique monkey avatars and has defined more than 170 different values for variables of avatars. BAYC NFTs is one of the best NFT projects and have attracted the attention of celebrities, including Snoop Dogg and Eminem. Rappers recently made a music video with their avatars. The Gucci company has also announced that you can buy from Gucci with the NFTs of this project.
It’s a collection on the Ethereum blockchain and is owned by Yuga Labs. It was launched in April 2021.
Crypto Network: Ethereum
Buyers: 11,055
Sales: Over $2.3 billion
Total Transactions: 31,380
CryptoPunks
Another of the best NFT projects is special for many people worldwide and has grown very well created by Larva Labs. They are 10,000 algorithmically generated 24×24 pixel art pieces of human profiles.
Larva Labs company has launched this project. This company operates in computer games. According to this company, this project was inspired by the London punk movement and the film CyberPunk. The total number of characters of CryptoPunk is 10 thousand. Punks are divided into human, alien, monkey, and zombie punks.
One of the most expensive CryptoPunks has been sold for 124,457 Ethereum.
Crypto Network: Ethereum
Buyers: 5,815
Sales: Over $2.3 billion
Total Transactions: 21,598
Art Blocks
An AI-generated NFT project, they are getting developed by developers and NFT designers.
Crypto Network: Ethereum
Buyers: 30,055
Sales: Over $1.0 billion
Total Transactions: 162,780
Metavers.AE
Metavers.AE is one of the new Metaverse projects that sees bright horizons in its vision. This Metaverse platform has five different ecosystems, each of which is amazing.
Metavers.AE ecosystems include Mars, Under Sea, Spaceship, Modern Natural, and Pixel City. Metavers.AE developers plan to sell land in each of these five ecosystems in the future as NFTs that can be bought and sold on OpenSea.
They also have new ideas not seen in any of the current metaverse platforms. I hope you will not be upset with me, but I am not allowed to reveal the plans of this company.
Mutant Ape Yacht Club
The collection of 20000 NFTs from Bored Ape Yacht Club was created by minting public sale, and many celebrities share and invest in them. Original Mutant Apes could have cost 3 ETHs. Mutant monkeys, which are another 10-thousand collection from BAYC. This collection was offered to those who had the NFTs of the previous collection.
Crypto Network: Ethereum
Buyers: 21,800
Sales: Over $1.5 billion
Total Transactions: 40,714
Otherdeed for Otherside
This project is connected to BAYC collections and is being designed under the supervision of Yuga Labs. This project is a metaverse. Users can be transferred to different metaverses, and more than 10 thousand people can play simultaneously. The NFTs of this collection include lands and metaverse items. Metaverse lands each has resources that will be used later in the game.
Azuki
This project contained Japanese anime and was developed by chiru labs. Their collection includes 10,000 NFTs and has sold about 29 million dollars so far, and those who buy these NFTs later have a special place in the azuki metaverse.
CloneX
Japanese artist Takashi Murakami has created these 3D avatars, which will later be used in games and the Metaverse.
Cool Cats
Cool Cats NFT launched in July 2021. They have 300 thousand different features, and there are 9999 numbers. The NFTs of this collection, like the Bored Hamster NFTs, allow the owners of this NFT to access the future events of this collection and access the forum.
Meebits
This collection is designed by the creators of CryptoPunks, characters similar to Minecraft – Roblox. Their NFTs are in the Ethereum network, and their number is 20 thousand. They are used for metaverse and game avatars.
Doodles
Evan Keast, Scott Martin, and Jordan Castro are the three artists who created these 10 thousand NFTs. These NFTs have different variables. The owners can access products and events.
We have written comprehensive and complete articles on different topics in the field of NFT, which you can read from the beginning of this article. We promise you that most of the information will be new to you. Just click on this to be directed to the corresponding article: What is NFT (from scratch)
Samsung Space tycoon
It has set up a playground in this game and allows users to create and use Samsung NFT items. For example, Samsung’s foldable phone turns into a scooter, and Samsung TV can be turned into a helicopter. (source)
FIFA+ Collect
FIFA has launched this digital collection platform with the theme of radar football, which is supposed to be for the World Cup. (source)
Nike x RTFKT
We all know that Nike is a famous clothing and sports equipment brand. This brand has designed its NFTs in the shape of its shoes and has sold 185 million dollars so far. These NFTs are used in Metaverse. (source)
Of course, the projects mentioned above are among the world’s famous brands, but as we said, their different nature, which shows their future applications, puts them on the list of better projects. Remember that well-known projects are costly to buy, despite having less risk.
They are the best option for investment projects that have just started and have the characteristics of a quality project. We offer you the Bored Hamster NFT project. In the future, this project will create a different nature for you in the digital world and will bring multiple profits.
In addition, we suggest you check these before you buy NFT.
Which NFT should I buy?
NFTs are the trend in global markets these days. The NFT market is getting broader and deeper every day. Many users make millions of dollars in profits, and some suffer losses. If you want to act by chance, we must say that you don’t need to read this article! But if you’re going to enter the NFT market with knowledge and professionalism, read our article to know what NFT to buy and how to find the best NFT project.
It would be best if you had an expert guide to buying NFT. It would be best to have the tools to choose the best NFT. Many users aim to make money by buying NFTs. Therefore, this issue requires a lot of research and investigation to understand which NFT should be purchased. Should we buy from cheap NFT collections or not? Should we buy inexpensive NFT projects or not? All these are questions that concern every buyer’s mind.
Some even buy NFTs based on their strike price. Based on the average price, they buy NFTs between 10 and 100 dollars, but is this true? Don’t worry! We have researched all these things. This article will review all these and tell you which NFT you can buy!
Checking two scenarios
Suppose you are a buyer of artwork in the physical world. You buy the Mona Lisa painting from Leonardo da Vinci for several million dollars. When selling, you provide the buyer with a signature and original invoice. Such work is called original work, and you tell the customer that you can check the originality and ask Leonardo da Vinci for the truth.
But suppose you buy the Mona Lisa at an auction for $300,000. When selling to a buyer, you should sell it at a lower price because you purchased it at a lower price, and this painting is not Leonardo da Vinci’s work; it is just a copy, but it is no different from the original artwork of Mona Lisa. This is one of the fraud methods in NFT.
Emotional purchases bring such mistakes. When shoppers see the odd low price and discount, they quickly impulse buy. In this case, you have been scammed! And this is a scam in purchasing physical artwork.
According to the above, in the NFT world, always pay attention when you buy an artwork, and check that the desired artwork is original. It should be clear that the company has a license and a serial number. You will lose in the NFT market if you do not know these. Suppose you buy a project that hasn’t been launched yet! Leonardo da Vinci hasn’t painted the Mona Lisa yet, and you have a copy of the Mona Lisa! We agree that this example is impossible, but accept it as an example from us!
It’s like buying an NFT project that hasn’t been launched yet; you’re buying very cheaply. But such a thing is not possible. This is a copy of the digital artwork, not an actual link to the NFT project. Yes, you must be surprised! But we must tell you that there are many fraudulent projects with millions of dollars in sales! Even their Twitter and Discord are active.
They even have a beautiful website, but you don’t notice the fraud happening. Yes, you don’t realize it because everything seems natural, but they are fake!
Related Post: Now that you have read the article so far, be sure to read our essential article on the characteristics of a good NFT project. You must pay attention to some things as a buyer before buying NFT, so you don’t get scammed. Learn more about things to check before buying NFT.
In another example, the SudoRare platform recently disappeared with 520 Ethereum. With a capital of about 815,000 thousand dollars from users’ money, the project’s owners disappeared and closed this platform’s social networks overnight.
But how to find out which project is original?
Which NFT project is worth buying?
Original projects will surely give you a lot of profit, but fake schemes either disappear or do not have much gain. When you find a project, you can see what’s going on in its roadmap! Generally, NFT collections have a road map on their website and show you a vision of their future. Individual works of art do not follow a roadmap, so we first explain what a roadmap is.
What is the NFT project roadmap?
Suppose that in the physical world, you buy a property next to a village where the officials tell you a road, subway, hospital, and a large store will be built next to this land within a year. This is this property’s roadmap, which happens in a year or specific period. So if these things happen, your capital will multiply because many facilities will be built.
Now, suppose a company becomes the marketing manager of these lands and starts offering and selling these lands to everyone. But after some time, the village officials said that the project would not be completed, there were problems with the subway, the hospital could not be built there, etc. And therefore, the project will be canceled.
So with this example, we understand that the same thing can happen in the NFT world. A project’s roadmap should be carefully reviewed. Measure its potential, research the team members and the company driving the project, and check the facts. Who supports the project and why? You should pay attention to these issues when buying from an NFT collection.
Or for example, many celebrities or influencers advertise the sale of a certain NFT. At the same time, they may not be aware of the nature of the project’s roadmap and only advertise the project for money. Their income is from advertising, and they have their own business. They do not know in the field of NFTs to be able to check the bottom and top of the project before advertising.
About the same issue, 17 celebrities received a warning letter from the Consumer Rights Foundation called “Truth in Advertising”, stating that they should declare their affiliation with NFT projects. When buying from an NFT collection, investors should understand the project and know whether the collection they want is approved.
Well, it must be a bit complicated for you, but don’t worry, you can find out about the nature of a project with a bit of care, searching, and spending time in the list of things mentioned above. Also, in this regard, we suggest and recommend the Bored Hamster NFT collection project to you, and we see the vision of the roadmap of this project as achievable and impressive. The address below is the primary and exact link to this project in the OpenSea market.
Bored Hamster NFT Collection in OpenSea
How to find the best NFT project
To buy a profitable NFT, check the trading volume of NFTs in the marketplaces. Find out who the NFT owners are by researching. Also, see if the NFT you are buying is related to a cryptocurrency. If it is associated with a cryptocurrency, find its token on coinGecko or CoinMarketCap. Then check it carefully regarding market cap, trading volume, and tokenomics.
You can also see if this NFT belongs to a metaverse or not. NFTs related to a metaverse are usually more advanced and profitable, like Bored Hamster NFTs that are linked to Metavers.AE. Such NFTs reach good stages after the project’s progress, where their value increases exponentially.
After these steps, you can go to the NFT project website and measure the quality of the website and social networks. Check who the leaders of this project are and in what areas they were active. What have they done outside this project, and what do social networks say about them? Be careful not to be fooled by baseless advertisements and beware of scams in the field of NFT.
In general, the four main steps you need to take to buy NFT are as follows:
- Research NFT with the help of available tools.
- Consult with active users in online forums such as Discord and other social networks in the field of NFT.
- Be sure to identify reliable and popular NFTs and buy them later.
- Don’t invest money you can’t afford to lose in the NFT market.
NFT important websites
Below are some of the websites that you can use to identify the best-selling NFTs:
Rarity Tool
Since the rarity of an NFT is vital in purchasing decisions, this website helps you identify rare NFTs. On this website, you can search for the project’s name from the Collections section and find the projects you are interested in. On this website, you can find rare NFTs at realistic prices. This website is a valuable tool to help you find NFTs with high profit potential.
NFTbank.ai
A great site where you can better choose your NFT. By tracking your NFT profit and loss, you can list the information of all the projects from which you bought NFT and see your profit and loss. It can be said that this website has an accounting nature.
Dune Analytics
The dune website easily tracks trading volume and shows the lowest price for any NFT.
OpenSea
NFT market giant OpenSea’s website allows you to see the best NFT tokens and trending tokens and make the best buying decision. For this purpose, enter OpenSea and click on Stats, a page will open for you that ranks NFTs, and you can see the trends.
You can also get to know other NFT marketplaces.
NFTgo
Using this website, you will get good information about the amount of buying and selling of NFTs and NFT markets. You can also identify trending NFTs on this site. For this purpose, enter the website and see the top NFTs from the Top Trending section.
Which NFT collection to buy?
To invest in popular NFT projects like the ones mentioned in the article, you must spend at least 10-100 Ethereum. But when a project is on the VIP or “not yet launched” list, it’s the best time to invest in it. You can invest in such projects with the lowest amount.
Or projects that have just started but are working strongly, such as Bored Hamster NFTs, are considered among these projects. Since its inception, the Bored Hamster project has been moving forward with its Roadmap plans and recently launched a game that rewards free NFT. In a general view, it can be said that all aspects of a project can tell us about the trustworthiness and progress of a project and help identify good and profitable NFT.
The best time to buy NFT is when you know three secrets. We tell you these three secrets:
- It has not been long since the start of the collection, or if it has been a long time, the buying and selling volume should be high.
- The best time to buy is when NFTs are minted.
- The NFT price should be 1.5 to 2 times away from its mint time price.
Conclusion
In a general summary of this article, we mentioned the top NFT projects and the reasons for the quality of a project. The NFT industry is a new world that has been formed with the blockchain network and the existence of cryptocurrencies, and for this reason, they are somewhat similar. Therefore, understanding cryptocurrencies and their nature helps us enter the NFT market.
As you know (do you know?!), NFTs have advantages and disadvantages. If you do not know, read our article about the disadvantages of NFT to know the unsaid things that are not usually told to you.
As the applications of NFT became more apparent, more people entered this field. Millions of dollars of NFTs are moved every day. People interested in the latest technology better understand the prospects of NFT projects, see their future, and enter this flourishing market with an open mind. As a result, they also make huge profits because the NFT industry will be an essential part of the human future.
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Glad to hear that from you, dear Andy!
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