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As non-fungible tokens decline by a whopping 97% from their highs, one may think that the frenzy surrounding this group of digital assets is over. However, if one sees electronic collectibles as long-term investments, this is a good buying opportunity.
One should think of non-fungible tokens as collecting foreign investments such as uncommon wines and old cars.
To assist in finding out which of this group of electronic assets is predicted to have the most movement in 2023, a list of the best-performing NFT projects for previous years is put together for you.
Bored Ape Yacht Club
This is a collection of 10,000 unique non-fungible tokens designed on the Ethereum blockchain. Every Bored Ape has a unique characteristic. Also, some are more difficult to find than others. Consequently, the rarer the traits of a Bored ape, the more expensive they are. Possessing the Bored Ape Non-Fungible Token gives its owners access to other Non-Fungible Tokens, that could be sold at higher prices.
CryptoPunks
This is a non-fungible token designed on the Ethereum blockchain as well. The CryptoPunk avatar is produced algorithmically. Although each avatar is unique, some avatars have rare traits. Therefore, avatars with unique characteristics could be more costly than others. Initially, CryptoPunk was created as an experiment, and its creator thought its characters could be used for creating smartphone applications and games. However, they became non-fungible token collections, with a market capitalization of $6 billion.
Mutant Ape Yacht Club
The Mutant Ape Yacht Club is an NFT that stems from the Bored Ape Club, and it started last year (2021). This NFT was designed to reward Bored Ape holders. Although this Mutant Ape token is different from the Bored Ape collection, they still have some similar attributes. The Mutant Ape Yacht Club was designed to increase and also allow new members to join the Bored Ape Yacht Club. This token serves as one of the must-have tokens for anyone who wishes to join the Bored Ape Yacht Club.
Otherdeed for Otherside
This is a non-fungible token collection of the metaverse’s land plots. Additionally, this token was designed by Yuga Labs. This is NFT will allows its holders to lay claim to Otherside land plots after it is launched. Every Otherside token symbolizes various sediments and environments in the Otherside universe. Each of these Otherside has various artifacts that can be traded amongst users on the Otherside universe via the use of Yuga Lab’s Apecoin.
Moonbirds
The Moonbirds non-fungible tokens, which were launched on April 16 of this year, are a collection of ten thousand owls. This token gives different rewards to its holders. Holders of this token can stake them by locking them up. When Moonbirds tokens are stacked, they accumulate more benefits, like getting additional rank levels and improving nests, to increase their value and thus profitability.
Meebits
The Meebits Non-Fungible Token is a collection of twenty-thousand three-dimensional voxel characters. This NFT was designed by Larva Labs using a custom generative algorithm. Roughly nineteen thousand Meebits tokens are represented as humans. Meanwhile, the remaining one thousand are represented by robots, pigs, elephants, and skeletons. Every one of this token’s characters has different attributes, such as earnings, beards, tattoos, and so on. This project started in May last year (2021) and was thought of as CryptoPunk’s successor. CryptoPunks is perfect for profile pictures on Internet 2.0, while Meebits are used for similar purposes on Internet 3.0.
Sandbox LAND
This comprises a collection of electronic real estate properties in the Sandbox metaverse gaming ecosystem. Every LAND has its electronic real estate. Every LAND is designed by game developers to design electronic experiences, like electronic buildings, dioramas, or games. These LANDs can be sold or rented, and they could be used to design assets in the Metaverse.
VeeFriend
This is an entertainment and transmedia company, chaired by Gary Vaynerchuk. He designed 283 characters for this Internet 3.0 ecosystem. The VeeFriend Non-Fungible Token is minted on Ethereum. It also provides huge opportunities for collectability, community building, and utility. Each of these tokens provides admission to VeeCon 2022, 2023, and 2024.
Okay Bears
This non-fungible token collection is generated by an algorithm. It was launched in April this year (2022) on the Solana blockchain. At first, 10,000 bears were released, and each of them cost 1.50 SOL. Interestingly, the Okay Bears tokens were sold out within 24 hours. Consequently, this helped the Solana blockchain achieve $2 billion in overall sales.
KPR
This is a new NFT ecosystem, and it only gained attention towards the end of this year. The KPR token symbolizes a storytelling project that intends to develop into a metaverse created around a collective narrative brought about by token holders. Although no one knows the direction that KPR will take, people in the cryptocurrency community promote it as a highly-ranked project.
Azuki
This is an anime-themed non-fungible token collection with a successful launch drop. 10,000 Azuki NFT collection was released this January, and it was sold out within three minutes for a price of more than $30 million in total. Buying an Azuki non-fungible token gives the buyer access to The Garden. This garden is an online club that features NFT drops, live events, streetwear collaborations, and so on.
Primate
This NFT is a collection of ten thousand ape avatars. This is fundamentally a Bored Ape knockoff for Solana. Holders of this token will have access to streetwear pieces from the Primates collection’s early drops. It as well intends to combine Solana Pay with its electronic storefront. This will give users the chance to link their wallets and buy items from drops with Solana.
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