Are you wondering which NFT project is promising? In this article we will list and explain the 15 most promising new NFT projects
Non-fungible Tokens (NFTs) are not a new concept in the crypto world. These days, non-fungible tokens (NFTs) appear to be everywhere. The term is all over the internet, and many people are questioning if it’s a fad and if NFTs are worth the money—or the hype.
Despite the fact that NFTs have been around since 2014, NFTs are currently gaining popularity as a popular means to buy and sell digital artworks.
The market for NFTs alone was worth $41 billion in 2021, which is approaching the total value of the entire global fine art market. The Bored Ape Yacht Club, for example, is a popular collection piece that has sold for millions of dollars.
Digital works of art have been sold for tens of millions of dollars at high-end auction houses like Christie’s. NFTs are clearly not a fad or a hype, and they are well worth the investment.
“There are 1000 different uses of NFTs, and people are still trying to figure out what NFTs are.” People don’t understand NFTs, Metaverse, and crypto today the same way they didn’t understand online shopping in 1995. ”
― Anuj JasaniAlthough NFTs are certainly not a fad or a hype, they are well worth the investment, as Anuj stated, many people still don’t grasp what they are and where to invest in the most promising new NFT projects in 2022.
People are flocking to the NFT business because of the excitement around these high-value pieces, but what are the most promising new NFT projects in 2022? We shall list and examine them in this article.
15 Most Promising New NFT Projects
- Silks
- CryptoPunk NFT
- Bored Ape Yacht Club
- Axie Infintiy
- ArtBlocks
- Mutant Ape Yacht Club
- Upland NFT project
- Doodles
- MoonBirds
- Yubo NFT project
- The Sandbox NFT
- The Fly Fish Club
- Woman Rise
- Invisible Friends
- Treeverse
1. Silks
Silks is a play-to-earn metaverse, which means that collectors can earn rewards by playing the game, which is modeled after the thoroughbred horse racing industry, replete with NFTs of thoroughbred racehorses.
Dan Nissanoff, Troy Levy, Benjamin (Binny) Plotkin, and Michael Lira are among the project’s creators, all of whom have substantial experience as entrepreneurs, developers, and project managers.
The horses in the NFTs are based on real thoroughbreds. When a horse in the real world wins a race, the owner of the horse’s NFT in the Silks metaverse receives a reward.
2. CryptoPunk NFT
Larva Labs, a two-person development studio specializing in everything from mobile games and utilities to web infrastructure and digital design and art, launched CryptoPunks.
After being influenced by the London punk movement as well as cyberpunk films and literature, the team designed a pixelated character generator. It’s a well-known project that features 10,000 punk-themed characters.
These CryptoPunks have twelve different sorts of value. Human Punks are the most common type. There are also additional uncommon punk species, such as Alien Punks (9), Ape Punks (24), and Zombie Punks (88).
The most valuable piece in the collection, Alien Punks, was auctioned for more than $8 million. The CryptoPunk collection’s most expensive NFT was purchased for a whopping 124,457 ETH (about 532 million USD).
As a result, CryptoPunk is regarded as the most costly NFT project ever. As of today, the project has a total transaction volume of 2,084,406,290 USD, with a total of 5,238 buyers.
3. Bored Ape Yacht (BAYC)
Gargamel, Gordon Goner, Emperor Tomato Ketchup, and No Sass are four anonymous co-founders of Yuga Labs’ Bored Ape Yacht Club (BAYC).
The collection is kept as ERC-721 tokens on the Ethereum blockchain and is hosted on IPFS. On the Ethereum blockchain, the project contains a collection of 10,000-pixel NFT avatars.
Because of its originality, BAYC is one of the most sought-after NFT collections. No two NFT characters are the same. Every NFT in the BAYC collection is therefore immensely valuable.
Despite being a new project, BAYC faces stiff competition from a number of well-known NFT projects that have already been released.
Decrypt put the project third, behind CryptoPunks, on a list of the most popular NFT projects that have gained attention. The inclusion of Bored Ape Yacht Club in our list of worthwhile NFT project investments in 2022 was a no-brainer, given its existing reputation as one of the top NFT projects.
Bored Ape Yacht Club’s all-time trade volume is currently 1,384,829,779 USD, with over 9,500 buyers, and the numbers are growing by the day.
4. Axie Infinity
The Vietnamese studio, Sky Mavis created Axie Infinity, a non-fungible token-based online video game. The game’s in-game economy is notable for being based on Ethereum-based cryptocurrency. It’s based on Nintendo’s beloved Pokémon franchise.
Axie Infinity is a leading figure in the NFT industry and is known for being the first to introduce the concept of Play-to-Earn NFT games.
The Axie Infinity Game features in-game animals known as axes. Purchase of at least three Axies is required to participate in the game.
The cost of these Axies fluctuates and rises in tandem with the platform’s popularity. Axies are priced differently depending on their characteristics and traits, but you can still acquire a quality one for under $200 right now.
The overall trade volume for this project is presently 4,019,390,587 USD, with a total of 1,645,122 buyers.
5. ArtBlocks
ArtBlocks is a project that provides collectors with a network of Ethereum-based non-fungible tokens (NFTs) that are one-of-a-kind, programmable, and customizable. Erick Calderon, who worked in the ceramic tile industry, and Jeff Davis started the company in 2021.
The goal of this project is to enable artists to use blockchain technology to combine digital elements to produce one-of-a-kind NFT artworks. It is built around blocks.
When it comes to art blocks, both the creator and the buyer accept whatever the machine generates at random when minting. This elevates generative art to new heights. ”
Because Art Blocks requires the artist to sign each and every algorithm output, the artist must go back and tweak the algorithm until it is perfect.” They can’t just choose the best findings.”
This is accomplished through the use of NFT drops, in which users mint NFTs with no idea what kind of NFT art they’ll get in the end.
As of right now, this project has a total trading volume of 1,200,650,344 USD with 26,977 purchasers.
6. Mutant Ape Yacht Club
Yuga Labs’ The Bored Ape Yacht Club was a smash hit, and The Mutant Ape Yacht Club was created as a follow-up.
Due to the monopolization of the Bored Apes by celebrities and venture capitalists, a mutant ape project was launched to provide a cheaper way to access the same network.
There were a total of 20,000 Mutants released, with some of the rarer “Mega Mutants” fetching as much as 3,000 ETH ($9 million).
Members of the Bored Ape Yacht Club received the Mutant Apes via airdrop. You can get early access to Adidas’ “Into the Metaverse” NFT project, which now sells for more than three times its retail price if you possess any of Yuga Labs’ 30,000 apes (both bored and mutant).
It pays to be a part of this initiative, and investors predict that in the future, the minimum price for an MYC will be around 25 ETH.
7. Upland NFT Project
Upland is a one-of-a-kind metaverse NFT project built on blockchain technology and mapped to real-world addresses.
Uplandme, Inc., a Silicon Valley-based firm sponsored by Block. One (creators of the EOS blockchain) and industry leaders from the gaming, real estate, and technology industries, founded and administers the project.
The company was founded by Dirk Lueth, Idan Zuckerman, and Mani Honigstein. Users and organizations can utilize this platform to commercialize their land (metaverse space), enabling play-to-earn mechanics.
Players can use Upland’s token, UPX, to buy and sell NFT land through the initiative. A 6,000 UPX welcome bonus is also available to new members. With land costs starting at only a few dollars, Upland is also one of the cheapest metaverses.
8. Doodles
The Doodles NFT collection, which comprises 10,000 unique NFTs with hundreds of various qualities, was founded by Evan Keast, Jordan Castro, and Scott Martin. Each NFT in the collection is a brightly colored doodle of an animated skeleton, animal, alien, humanoid figure, or spacecraft.
Doodles NFT collectors have unique access to new products and hosted events. Doodles also have a decentralized governance model, which means that users vote on key features, goods, and events.
9. Moonbirds
Moonbirds was created by Proof Collective, a firm co-founded by Kevin Rose and Justin Mezzell. The series was designed with usefulness and community in mind. Each Moonbird serves as a code to gain access to special events, gatherings, and new initiatives.
Moonbirds must be included in any list of the finest NFT projects for 2022. Moonbirds are 10,000 utility-rich NFTs that grant access to an exclusive club and other perks to those who hold them. The PROOF collective, a private group of 1,000 NFT collectors and artists, produced Moonbird.
Moonbirds is also a CC0 project, which indicates that the intellectual property of the image belongs to the owners (IP).
Moonbirds’ initial mint price was 2.5 ETH; at the time of debut, it was around $7,000. Moonbirds soared to an incredible 36 ETH just seven days after the initial launch. At the end of May 2022, the current trading volume had reached $535 million.
The following are some of the Moonbird benefits:
- Members have exclusive access to the PROOF Discord community.
- PROOF has first dibs on their impending metaverse project.
- The longer holders “nest” their Moonbird’s NFT, the more benefits and utility they receive.
One of the most pleasant parts of the Moonbirds project is the lack of a Discord server! For the most up-to-date information, please check the Moonbirds’ official Twitter feed.
10. Yubo NFT Project
Yubo is a social live-streaming platform that makes it simple to connect with friends and meet new people from all over the world. It can be used for communication, watching YouTube videos, and playing games.
Yubo also makes it simple to join a community of like-minded people or meet new people who share your interests.
The company’s first NFT collection, Yubo Randos, was just released. The premise of the collection is that everyone needs a rando in their life. They are typically the most memorable people, despite their chaotic nature.
The ability to send, share, and pin your Rando NFT via the Yubo app is one of the main benefits for Yubo users. Later this year, Yubo plans to introduce special events and live broadcasts for Rando NFT owners, allowing you to form a community of like-minded NFT collectors. In July 2022, the first private event will take place.
Randos can be purchased for 0.1 ETH each at Yubo’s NFT auction. Current Yubo users can also obtain Randos through giveaways and other means.
11. The Sandbox NFT
Sebastien Borget, a co-founder and COO of the SandBox, has built yet another play-to-earn NFT game. This NFT initiative makes use of blockchain technology to give players a way to earn money while having fun in the game.
This NFT initiative is a compelling investment opportunity that has the potential to bring in millions of new cryptocurrency users. Today, the Sandbox initiative is gaining traction and has spread to a number of countries worldwide.
According to CryptoSlam, the Sandbox has a total trading volume of 365,423,547 and 19,143 asset owners.
12. The FlyFish Club
The Flyfish Club is Gary Vaynerchuk’s second business, and it is the world’s first NFT member-only private dining club. Flyfish club members will have access to a 10,000+ square foot private dining area in New York City.
The basic Flyfish membership costs 2.5 ETH, while the Flyfish Omakase membership costs 4.25 ETH and includes the omakase room.
You can reserve a table for up to 8 non-token holding guests with a regular Flyfish membership. You can book a table for the same number of guests with the Flyfish Omakase option, but you can only invite one guest to the omakase room.
The benefit of being an NFT member is that you can lease or sell your membership at any time within the terms of your contract. Knowing Gary Vaynerchuk’s previous enterprises (Vee Friends), the Flyfish membership is expected to grow in value over time.
13. Women Rise
Maliha Abidi, an internationally known visual artist, created a 10,000-piece randomly generated collection called Women Rise.
The collection’s purpose is to make the NFT area more inclusive and varied by featuring more female characters and donating a portion of primary sales to organizations that promote gender equality, girls’ education, and mental health in underserved communities.
Women Rise comprises 10,000 distinct, computer-generated works of digital art, all of which show women, in order to achieve this goal. Activists, scientists, coders, and other professionals of many nations and backgrounds are among the women involved in the project.
Ownership comes with its own set of benefits. Owners of the 100 Women Rise NFT, for example, will receive a free copy of the book “RISE: Extraordinary Women of Color Who Changed the World,” which includes the extraordinary stories of 100 women from all over the world.
It’s also illustrated by the same artist that created the Women Rise collection’s 450-plus hand-drawn qualities.
14. Invisible Friends
Markus Magnusson, an animator who brings 5,000 invisible strolling figures to life, created Invisible Friends. Markus Magnusson is dubbed “Motion Markus” for a good reason, as evidenced by his Vimeo channel.
The Invisible Friends project is planned to launch in February 2022, and it already has a large Discord (250k+ users) and Twitter following (373k followers).
15. Treeverse
Treeverse is an MMORPG with an action-packed MOBA-style fighting system set in an open-world fantasy and science fiction setting.
Establish guilds, defeat dungeons, and explore the deep lore as you slay animals, build magnificent weapons, entice the largest fish, form guilds, defeat dungeons, and explore the deep lore.
Treeverse is a living world that awaits those who are brave enough to explore it. Treeverse has consistently been in the top 100 NFT purchases on OpenSea and has gotten a lot of press.
Summary
Because there are so many NFT projects to choose from, it’s not always easy to figure out which one is the best to invest in 2022, but we’ve put together a list of projects that are more than just artworks.
Most NFTs are illiquid, so determining the worth of a project or collection can be difficult. Collectibles with a secondary purpose, such as art, discord groups, and events, are more likely to prosper. This is not financial advice.
