Even though the beginning of NFTs dates back to 2015, it took the industry a long time to reach global acceptance. With the technological advancements and the rise in popularity of crypto, people started to see the potential of this huge market.
It seems like NFTs arrived slowly, but are here to stay.
What are NFTs?
NFT or Non-fungible token is a new kind of digital collectibles that can make you a lot of money. Non-fungible means that the collectibles are not with equal value. For example, you can trade one Bitcoin for another, whereas NFTs each have unique characteristics and therefore different values than others.
NFTs are part of the Ethereum blockchain where each image or GIF has stored information about the purchase and the current owner of the digital file.
What Makes NFTs Special?
Owning a one-of-a-kind image from an artist is a pretty big deal. Some are also ready to pay millions of dollars just because they see a future in this technology and probably think that they would be worth more in the future.
What’s stopping people from copying the digital art sold on such platforms?
Well, nothing. Anybody can download the same image that someone paid $1 million for and store it on their computer. The truth is, you can also make a copy of the Mona Lisa and hang it on your wall, but you know that’s not the real deal.
How Much Money Can you Make with NFTs?
This year has been wild for the NFT industry. We’ve seen some amazing 8-figure sales, such as the Beeple, Everdays – The First 5000 Days which sold for $69 million in March this year.
We’ve also seen some other amazing and highly successful projects like the Bored Ape Yacht Club where the minting (starting) price for the apes was only 0.08 ETH or around $300.
After the project started getting some traction, the prices went through the roof. Especially after some celebrities like Steph Curry decided to drop $180,000 for his Bored Ape collection.
Now the lowest price for an Ape is almost 40 ETH or around $160K!
Just a few days ago, someone hit a record sale of a Bored Ape Yacht Club NFT for $2.25M.
This made people a lot of money, which explains the reason why everyone is looking for the next big NFT project.
Most Promising NFT Projects Right Now
The best way to make a lot of money with NFTs is to find projects that are just starting right now. After the project starts getting some traction, it may be too late (expensive) to invest in.
This is why we selected few promising projects that have great potential of becoming something big in the near future.
This is one of the most promising NFT projects that has a rather unique concept. It is based on super-hero bunnies divided into two sides 5,000 Light Super Bunnies and 5,000 Dark Super Bunnies.
The project launched on 1 September 2021, and since then it has built an impressive community.
Since Super Bunnies is a community-driven project, each NFT is a membership card that lets you participate in which direction this project will turn.
The best thing about Super Bunnies is the deflationary breeding mechanism, where people can burn three bunnies from their collection for getting rarer Tigers.
This will not only pump up the value of the rare Tiger NFT but also increase the value of the current Super Bunnies since they will become rarer.
Currently, the floor price sits at 0.1 ETH, which is an absolute steal considering the upcoming projects that the devs are working on.
The team behind the Super Bunnies is working on a couple of exciting projects like a training system where you can get EXP and level up your Super bunny.
On top of that, each bunny comes with stats like Agility, Intelligence, Defence, and Strenght that make this project even more interesting. Especially, since the devs are trying to build a game where super bunnies will battle with each other.
Last but not least, the art looks amazing!
All of these factors suggest a bright future for this project and potential gains for the investors.
This is an already popular Pokemon-type game that you can play on your smartphone or computer. You can train your creature, learn new skills, and battle computer-controlled enemies or real-life players.
What makes this game so special?
Well, the developers have found a way to incorporate NFTs into the system. So, the monsters from the game are actually NFTs that you can mint play and sell.
Axie Infinity has already built a large player base with more than 150,000 players live, and the number keeps growing.
This is a still-unreleased collection of 10,000 hand-drawn pandas that can shake the NFT space. Each collectible is one-of-a-kind that will quickly become a must-have token for NFT collectors.
The launch date is still unconfirmed, so make sure you join their Discord chat to keep up with the latest announcements. The mint price for the launch is set for 0.07 ETH and part of the money will go to charities and back to the community.
They are also planning to release merch and some interesting stuff like comics. On top of that 25% of all royalties collected through the secondary market will be used to fund the community wallet for future growth.
Wanna Panda NFTs will have 200 variations of unique traits that can be easily classified through the 5 tiers:
- N- Normal (4,500)
- R – Rare (3,500)
- SR – Super rare (1,500)
- SSR – Superior super rare (kind a weird name) (475)
- SP – Special (25)
These are some of the most promising projects that might provide a great return on investment.
If you want to find the next big thing in the NFT world, make sure to do your own research before investing.