During the last few years, NFTs have caught massive fame. NFTs like “ The Merge” have sold for close to $ 91 million, which is astounding. There are many famous NFTs currently trading in the market, and anyone with an interest in knowing more about Virtual Digital Assets will find them fascinating.
This article will help you figure out which NFTs are currently the talk of the town!
What Are NFTs?
NFTs are digital assets that are non-fungible meaning there is only one original of an NFT.
NFT transactions are noted on Blockchains. Since entries on most blockchains are immutable, the ownership is recorded forever, ensuring authenticity.
This article lists the NFTs which are traded on Open Sea, the world’s largest NFT marketplace. Their volumes are denominated in ETH, and the NFTs are powered by the Ethereum Blockchain.
6. Decentraland
Decentraland is a metaverse platform that enables you to buy and sell real estate. This real estate is known as LAND and can be purchased with MANA, the token for Decentraland.
LAND is segmented into Parcels and owning a Parcel gives you full control over its environment. Parcels which are communities of shared themes can be grouped into districts.
The total traded volume of Decentraland is 243,000 ETH, and the minimum floor price per NFT is 2.67 ETH.
5. Azuki
Azuki is an NFT collection that bridges the gap between the real and virtual worlds. The collection has a total of 10,000 avatars.
If you own an Azuki, you have access to the Garden, which is an exclusive membership area. With this membership, you get access to a plethora of exclusive digital assets.
Azuki is developed by Chiru labs, a startup based out of Los Angeles. The lead founder goes by the name Zagabond, a Defi builder who claims to have worked in big tech companies such as Google.
The traded volume of Azuki is 251,000 ETH with a floor price of 11.9 ETH.
4. Otherdeed for Otherside
An upcoming gamified metaverse called the Otherside incorporates role-playing game features with web3-compatible virtual worlds. It intends to develop a multiplayer virtual world that you control where your NFTs can become playable characters.
The virtual real estate platform within Otherside is called Otherdeed. It gives you the ability to construct, gather materials, and produce original experiences in Otherside. Of the 200,000 Otherdeeds, only 100,000 will be made available for purchase. Holders of prior Otherdeeds, and those who assist in realising the Otherside vision will receive the remainder as rewards.
The compatibility of Otherside with other NFTs you might own is one of its distinctive selling points. When the game releases, all owners of Bored Ape, Mutant Ape, and CryptoPunk will receive in-game characters. This allows you to use your NFTs on a different platform.
The total volume of Otherdeeds is 304,000 ETH with a floor price of 2.43 ETH.
3. Mutant Ape Yacht Club(MAYC)
The Mutant Ape Yacht Club NFT is a collection that was created in addition to Bored Ape NFTs. MAYC is a collection of 20,000 different Apes. When a Bored Ape is exposed to something known as the Mutant serum, a Mutant Ape is formed.
MAYC was created to reward owners of Bored Apes with brand new NFTs. Mutant serum vials were airdropped for the Bored Ape NFT owners. This serum comes in 3 stages, Mega Mutant, M2, and M1. Each of these causes different levels of mutations from the original NFT. Vials can also be purchased separately on NFT exchanges, and there are no restrictions on their use.
The traded volume of MAYC is 421,000 ETH, with the least priced NFTs selling for 17.55 ETH.
2.Bored Ape Yacht Club(BAYC)
Bored Ape Yacht Club NFTs is a collection of 10,000 different Apes. Each Bored Ape NFT gives the holders access to an exclusive Yacht Club, which is a collaborative space. The NFTs also allow access to something known as “THE BATHROOM” — a collaborative graffiti board.
Several permutations of headwear, clothing, and expressions are used to create the Bored Ape NFTs. The Bored Apes team wants the space to be equal for all. To ensure equality, they have capped the Bored Ape price at 0.08 ETH. The NFTs work on the ERC-721 protocol.
The team has already launched Mutant Ape Yacht Club, and they are also working on DAOs and in-person events in the Yacht Club.
The volume of BAYC is 618,000 ETH and the floor price is 89 ETH.
1. CryptoPunks
CryptoPunks are the number one NFTs in the world. CryptoPunks is one of the first NFTs to be released, and they have set the standards for the ERC-721 protocol, which is followed by most NFTs in the world right now.
CryptoPunk NFTs are 24*24 pixel images and each NFT is uniquely generated. While most of these NFTs are humans, some can even take the form of zombies, apes, and aliens. CryptoPunks were initially given away for free. But they can only be traded now.
This project was created by Larva Labs, and they are working on two other NFT projects. The first project is Meetbits. They are 3D-generated images. The second project is known as Auto Glyphs.
CryptoPunks has a total volume of 939,000 ETH, and a floor price of 64.4 ETH.
Final Thoughts
The NFTs listed above show the possibility of the underlying technology. NFTs are a central part of the metaverse and have great prospects. With growing applications of the metaverse in the future, NFTs can also become mainstream. Having said that, It is always advised for investors to conduct thorough research before they make a buy or sell decision.
