
Non-fungible tokens (NFTs) are the newest instrument for maximizing the novel aspects of blockchain technology and its business applications. The many characteristics of these elements of decentralized transactions suggest that it is reliable, impartial, and likely to propel you to wealth extraordinaire.
Now, while NFT-based projects are generally precious beyond measure, there are more than enough of them to go around. This is especially so for 2022, a year that we are all expecting to be markedly better than its predecessor.
So, we want to present you with something of a solid alibi for clocking your first million, first tens of millions, if hundreds of millions. Not to mention, you might even make a billion dollars if you smartly pit your investment in the following projects against the uncertainties of the new year.
One can argue that the value of art has gone up several hundred steps since NFTs became a thing. This is one of the advantages of Art Blocks, a collection of artworks from/by different artists to leverage their skills and popularity. Compared to its peers, Art Blocks is a generative art NFT, so you can easily build a fortune without a rigid grasp of NFT technicalities.
The mega project is backed by the Ethereum blockchain, so you can say that it has an exclusive home advantage. Moreover, because the artworks are in 2D and 3D, there is a lot of latitude for innovation and progress. This is one of the biggest pros for prospective investors who consider themselves promising digital artists. Art Blocks were introduced into the picture in 2020. Since then, sales on the NFT have ballooned beyond $1 million. To be precise, the number of artworks that have been sold for more than $1 million is almost 50.
Meanwhile, Art Blocks is one NFT project that is expected to stay on the high trend with increasingly reliable—if long-term—valuation. So, this is something for the long haul, not an NFT project for the faint of heart.
CryptoPunks is in a class of its own among NFT projects. The reason for its reputation is not unrelated to the fact that it has been around since 2017 and has become a favorite among many visionary NFT investors. But this does not mean that the value of the project will take a plunge anytime soon.
CryptoPunks was also launched on Ethereum, so it has been running on the blockchain’s momentum. If you know anything about NFTs, you know that their popularity—and subsequent valuation by the public—forms the basis for half its power. The other half is formed by the original blockchain that thrust it to fame. At its core, CryptoPunks is characterized by 10,000 virtual punk characters. In other words, this number of punk characters is fixed and was computer-generated. Each of them is unique, with distinguishing characteristics. This is why all 10,000 are ideal collectible items that you should invest in. We say this because someone made a killing when they sold their CryptoPunk for approximately $532 million (the equivalent of 124,457.07 ETH).
CryptoPunks was one of the top NFT projects that won the attention of NFT whizzes and newbies in 2021. Considering how optimistic these folks remain about it, you can be sure that the project will remain on top throughout 2022.
Besides the fact that NFTs are permanent and allow you to leverage the benefits of digital ownership, practically anyone can participate. NFT projects are not only for digital artists and content creators but also for buffs of more relaxed pursuits. Like gamers. This is where a project like Axie Infinity is the bomb.
Axie Infinity is a favorite among online gamers because they can get their hands on the token while they play the trendy game. In other words, you wouldn’t need to go through a crash course on YouTube to learn how to make an NFT. You can simply thrive where others are still ‘cracking the code’ by doing something enjoyable—playing a game.
You see, compared to other NFT-based projects, Axie Infinity is easy to mine. Any gamer can make good money from investing time and effort in their game sessions. Thus, you can collect a treasure chest of the Axie Infinity Shards (AXS), the primary token, and trade them for other cryptocurrency tokens, among the many other things you can use AXS for. Think about it: if you can trade tokens that cost around $75, and you can get these tokens from essentially managing virtual creatures, what are you waiting for?