The NFT world has been expanding since the beginning of this year and hundreds of new projects are launching daily. There are currently over 4 million digital assets available on OpenSea and possibly millions more on other NFT marketplaces. So, it is getting more difficult to determine the best NFT collections to follow and potentially invest in.
Therefore, we should ask about the features to look for in a project. Here, utility NFT concept comes to mind which means NFTs have more utility than being a simple piece of digital art. In fact, NFTs can make special access to an event, exclusive in-person memberships, or future use in the digital world (think gaming).
Therefore, NFT enthusiasts and investors need to look for NFT collections that satisfy their needs in the NFT world or the usage in the Metaverse. In the following, we provide a list of the most successful NFT collections based on their sale volumes, ones that investors must keep an eye on.
Best NFT collections in 2022
1. Bored Ape Yacht Club, Best NFT collection of 2022
The first place on the list goes to Bored Ape Yacht Club by Yuga Labs.
NFTs from this collection are PFPs (Profile Pictures) and are commonly used as online avatars. The project features cartoon apes that have different attributes and rarities, and the cheapest Apes cost about 140 ETH while it cost only 1 ETH less than a year ago This has made this project one of the fastest-appreciating NFT collectibles in the industry. Since its launch, BAYC has airdropped token holders Bored Ape Kennel Club (BAKC) and Mutant Ape Yacht Club (MAYC) NFTs, which have accrued floor prices of 10 ETH and 40 ETH, respectively. Bored Ape Yacht Club also throws exclusive events for token holders, such as a private concert featuring The Strokes and Lil Baby in New York City.
The trade volume of the collection during the last week reached $2.5 million at the time of writing.
2. Moonbirds
Moonbirds are 10,000 utility-rich NFTs by PROOF collective, a private community of 1,000 NFT collectors and artists. Their ownership unlocks private club membership and additional benefits. Moonbirds collection is also a Cc0 project, which means holders own their image’s intellectual property (IP).
The initial mint price for Moonbirds was 2.5 ETH. Current trading volume has accumulated to $537M at the end of July 2022.
Owners of an NFT from Moonbirds collection have access to the PROOF exclusive Discord community and the first dibs on PROOF’s upcoming Metaverse projects. Besides, there are also additional perks and utility that increase in scale the longer holders “nest” their Moonbirds NFTs.
3. VeeFreinds
VeeFriends is a Gary Vaynerchuk project that thrives around meaningful intellectual property and an extraordinary community. Vaynerchuck is the Chairman of VaynerX, CEO of VaynerMedia, and the owner/creator of VeeFriends. Each NFT is a key to Vaynerchuk multi-day super conference, where only VeeFriends token holders gain access. The NFTs feature traits that Gary values the most. They are fun and quirky with doodles and popular culture references.
VeeCon is the first NFT-ticketed conference in the world. All VeeFriends token holders come together in VeeCon as one community to build lasting friendships, share ideas, and learn together. Each holder has three-year access to VeeCon.
4. Otherside
Another successful project from Yuga Labs team is “Otherside”. It is a Metaverse project that is massively funded and provides unique features for users. All the land in the Metaverse got sold out in a few hours and recorded itself due to the massive trade volume. Some of the land parcels have extremely rare artifacts hidden inside, that will offer a lot of advantages when the project is launched. The game play test phase was launched in late July. There is extreme bidding by big companies to set up their presence in Otherside Metaverse. The experienced community and team behind the project can guarantee the success of the project.
5. CryptoPunks
The third well-known NFT collection by Yuga Labs is CryptoPunks which was initially launched in 2017. It is one of the oldest NFT projects in the NFT world. The NFT collection comprises 10,000 pixel images, which are hosted on the Ethereum blockchain. Each ‘Punk’ has its own characteristics and aesthetic, with aliens and zombies being some of the most valuable
CryptoPunks have been popular as avatars with celebrities like Jay-Z, Snoop Dogg, Steve Aoki, Logan Paul, etc. These NFTs are traded for high prices, with the most expensive NFT CryptoPunk being sold for $11.75 million in 2021. CryptoPunks NFT floor price is above 75 ETH. CryptoPunks is undoubtedly one of the best NFT projects to date.
6. Mutant Musks
Mutant Musks is a collection of 10,000 mutant humanoid NFT creatures that exist on Ethereum blockchain. The project was launched in July 2022. The minting price was only 0.1 ETH per piece with a maximum mint amount of 2 NFTs. The NFTs include cartoon-style avatars that are inspired by Elon Musk himself, the well-known entrepreneur worldwide. The project seems to be inspired by his lifelong goal: traveling to Mars.
The project is active in the Metaverse and IRL events, online game tournaments, making memes, Discord, private community, giveaways, treasure hunts, competitions, and a lot more fun activities. The goal is to make the community interesting and truly unique, unlike anything else that is out there today.
Each Mutant Musks NFT holder can use their avatar as a character in the project’s Intergalactic Competitive Shooter game. Therefore, the unique PFP avatars have great design and Metaverse utility.
7. Lucky Block NFTs
Lucky Block is one of the best altcoins to invest in this year due to its innovative use case and unique tokenomics. The collection was launched in March 2022 by the Platinum Rollers Club. The development team released a collection of 10,000 unique NFTs right before the launch of Lucky Block’s crypto-lottery app. This collection also provides valuable benefits to the holder.
Each NFT in this collection is a ‘ticket’ into Lucky Block’s daily NFT draws. One lucky NFT holder will win the jackpot every day, which will be 2% of the main jackpot draw which may be worth a total $10,0000 on average.
Lucky block holders also are also able to take part in daily prize draws through Lucky Block’s app. One winner receives the jackpot every day. Winners are chosen at random using the Chainlink VRF service, with the current prize pool sitting at a whopping $2.2 million.
Therefore, Lucky Block NFT owners have two chances to win a jackpot every day – one through the exclusive NFT draw and one through Lucky Block’s main prize draws. Besides, the holders who connect their wallets to the platform will also receive a free entry ticket every day, dovetailing nicely with the option to pay for tickets.
8. Women Unite
Women Unite is the second collection of NFTs from Miss Kaina. The first Women Unite NFT launch was a grand success, getting widespread attention from the media. This project comes with a social mission that aims to build an inclusive ecosystem that represents the individuality, allure, and influence of womankind through fashion, photography, and NFTs.
The new collection features models from diverse nationalities and backgrounds. There are 10,000 NFTs in the collection each with a different degree of rarity. While Women Unite has great value as a collectible, it is also considered a social investment, too.
Apart from raising awareness about women empowerment and gender equality, the project donates 10% of all royalties to initiatives that support and empower women. Recently, Women United donated 20 ETH to the Women’s Earth Alliance (WEA). The NFTs are also the membership card of the holders to enter the exclusive WU Kingdom.
9. Proof of Beauty
Another interesting NFT collection that has been recently introduced is Proof of Beauty. It is an innovative NFT project focused on documenting and celebrating the history of the Ethereum blockchain. The first NFT series of Proof of Beauty is called HASH and allows users to take personal and historical blockchain transactions and turn them into beautiful NFT artworks. The algorithm of Proof of Beauty integrates the transaction metadata into color pallets, shapes and textures, for example, Vitalik’s first Ethereum transaction or Jay Z’s Cryptopunk purchase.
The second series is LONDON which is a sold-out collection of 8,888 generative art pieces. The London gift NFTs became available during the hard fork, and the first transaction that occurred post the EIP-1559 upgrade was a London NFT sale.
10. Mutant Ape Yacht Club
The Mutant Ape Yacht Club is also developed by the famous Yuga Labs. While the Bored Apes are mostly being traded by celebrities and venture capitalists, the mutant apes offer a more affordable way to access the same network.
There are a total of 20,000 Mutants, including a handful of “Mega Mutants” pricing 3,000 ETH ($9 million). The Mutant Apes were made available to Bored Ape Yacht Club holders via an airdrop. All 30,000 apes (bored and mutant) were also granted early access to Adidas “Into the Metaverse” NFT project which is another success in the NFT world.
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