- Lil Moon Rocket
- Ethereum Name Services
- Codex Protocol
- Beeple NFTs
- Decentraland (MANA)
- Axie Infinity
NFT projects – Final Thoughts
NFT Projects: What Makes Them So Popular?
NFT projects were first created way back in 2015. It happened as a result of people wanting to trade assets and later on collectibles different from bitcoin. However, the major tsunami of popularity came when crypto punks and crypto kitties emerged in late 2017.
The silence lasted until the 1st quarter of 2021 when NFTs showed exponential growth. It is estimated that it grew around 26 times in value and popularity only within the 1st quarter of 2021.
NFTs started making the headlines immediately after the introduction of crypto kitties. As a result of the high increase in popularity of NFTs, the growth of the ethereum blockchain was influenced and affected. And after this, there was a deep NFT silence until 2020.
With every passing minute, the popularity of NFTs is increasing dramatically. and the features that make NFTs highly popular are:
- Unlike bitcoins that are divisible, the USP (unique selling proposition) of NFTs cannot be divided into smaller denominations, i.e. they are indivisible.
- Blockchain technology stores, and keeps the data of NFT safe in such a way it is practically indestructible and immutable.
- The storing of the data on the blockchain makes it easy to trace out the original owner without any sort of third-party verification.
- Even though NFTs are scarce, NFT developers can create any number of NFTs to add value.
- The “copy” option is not possible with NFTs when you want to save it.
- Even if you find a way to save the digital art with the right click of the mouse. Good luck. However, you will not have access to the stored information. This is possible because the digital art you saved holds different values and is not as valuable as the original NFT.
- A unique code for every NFTs is dedicated to making each NFT different and in-exchangeable.
So, after you created the image of how NFTs receive and hold their value, let us go through the best non-fungible tokens projects in 2021.
What are the Best NFT Projects in 2021?
The recent crave are NFTs for which artists, buyers, and sellers are ready to invest and receive any amount to own and create digital art.
The main reason NFTs were introduced on the market was to grant more regulated copyrights to artists and relieve them of the hassles around organizing workshops and exhibitions.
Precisely because they are uniquely innovative and have a high value, NFTs have developed into the latest trademark for wealthy people wanting to exhibit their wealth by owning NFTs.
Already having in place the current scenario with NFT, it is worth looking into the rise of NFT projects becoming the topic of discussion lately. Consequently to these occurrences, Cryptogoldie.com has composed this list to introduce to you some of the best NFT projects in 2021:
NBA Top Shot
Launched – 2020
NBA in association with Dapper Labs is running the NBA Top Shots being one of the top NFT projects at our time.
Instead of Ethereum’s, it is built on Flow’s blockchain. It is an interesting approach, that the clips of NBA iconic moments of players are sold for exponentially high prices.
Ownership and authenticity of these digital collectibles attract the buyers on NBA Top Shots, to buy their iconic NBA moments granting the buyer ownership rights of that exclusive moment.
Besides the highlights as fans’ memorable moments, Top Shots contain player statistics and players’ history as well.
Lil Moon Rocket
Launched – 2021
Built on Binance Chain, Lil Moon Rocket is designed to issue NFTs and other “name rockets” tokens.
Managing project managers and initial competitors from buying the most desirable artwork in the early stages through an in-built “blind auction” system it surely offers an innovative approach.
Smart contracts complete and execute the purchase in total, and then the complete artwork is revealed.
Lil Moon Rocket sustains a consumer-centric approach where buyers (owners) can rename the artwork and co-create uniqueness with complete ownership in this way it sets the stage and standards for artwork, copyright, and ownership in general.
Hence, Lil Moon Rocket, because of its unique blend of vector art and algorithm generation, is among the most popular NFT projects.
Ethereum Name Services
Launched – 2017
Launched in 2017, Ethereum Name Services now reaches more than 300,000 domain names registered on the platform with more than 93,300 unique owners.
Based on Ethereum blockchain technology, essentially it is a domain-naming platform.
What is new and never applied is that the domain names on ENS are non-fungible. Including OpenSea and Rarible they can be integrated into a variety of NFT marketplaces.
Users can launch private, secure, and decentralized websites, after receiving NFT, token, or cryptocurrency on their domain name.
Launched – 2018
Using again blockchain technology, Codex Protocol is a platform that offers a decentralized registration for collectibles and digital arts and it is seen as a useful tool for the verification of authentic NFTs.
One distinctive advantage is that prospective buyers can now verify NFTs authenticity by tracking its identity and ownership history. This is possible through the integration of Codex Viewer a system that keeps records of the data.
With this new system, NFT creators can now create a digital record for their collectibles and use it to their advantage. Eventually, this system promotes confidence among the prospective buyer because he can see the history of ownership and verify the authenticity of the products.
Launched – 2021
Suum Cuique Labs in Switzerland launched Hashmasks.
Created by 70 renowned artists around the world, the platform offers a range of 16,384 unique digital assets.
In terms of their details and features including character, eye color, mask, skin color, and other items all 16,384 digital assets are completely unique and non-fungible.
The first Hashmasks were bought by the online community in late January. A sliding scale model was used to determine the cost of Hashmasks, i.e., the earlier the purchase the lower the price.
Within the initial stage of distribution users who took part were given 3,660 NCTs each where NCT stands for Name Changing Token. With this NCT approach owners are empowered to assign unique names.
Launched – 2021
Another popular project in 2021 is the Beeple NFTs.
Organized by Christie’s auction house sales of Mike Winkelmann digital art, also known as Beeple, was bought for $69M worth ETH.
Preceding this, the value of Beeple’s paintings was no more than $100 per print. However, nowadays it is the most valuable artist globally after the recent sale of $69M.
It was the series called “Everydays – The First 5000 Days” that contributed to Beeple’s huge popularity when he was uploading his artwork every day for the last 14 years.
Launched – 2017
At Larva Labs in New York, Matt Hall and John Watkinson created Cryptopunks.
Due to their uniquely generated characters, also called “punks”.it’s one of the top NFT projects based on blockchain that have attracted both buyers’ and sellers’ attention.
Larva Labs came up with its marketplace after its exponential adoption and rise in value, allowing users to seamlessly trade punks and earn thousands of dollars.
They are based on Ethereum blockchain technology and represent digital minuscules.
Cryptopunks are arranged in such a way where single punk is owned by each user. The unique features of crypto punks’ uniqueness of each punk depend on its attributes giving the value of each punk depending on the kind of properties it possesses.
Having a wallet with MetaMask for advancing any transactions, users can access these crypto punks on their website to buy, sell and make bids.
What is worth noting is that crypto punks are one of the most expensive crypto NFT projects in the market.
For instance, the value is determined in terms of accessories i.e. cryptopunks with zero or seven accessories are the rarest while crypto punks with two and three accessories are the most common ones and the values vary according to this.
At first, punks were released for free, thus all the crypto punks were quickly claimed and now they are traded on marketplaces.
Launched – 2020
Known for its easy navigation and user-friendly access to trading NFTs, Rarible is a popular and well-established marketplace.
Rarible works as a distributed network where trade is advanced without the existence of a third party and what is more it is also a highly secure marketplace.
Generally, Rarible offers relatively easy minting of digital assets.
Artists on Rarible are allowed to specify their share. This is necessary for the artists so they can get their due credit by offering them a royalty for secondary transactions.
A Decentralized Autonomous Organization is what Rarible envisions, where platform users will be able to take all the decisions. Because of all the benefits and suitable features and policies, Rarible is one of the top non-fungible token projects.
Launched – 2017
As an Etherum-based game, CryptoKitties includes the collection and breeding of digital cats. Virtual cats different from each other are represented and have different values.
Being defined as non-fungible assets, CryptoKitties represents a variety of digital cats with unique features and appearances, famously called “cattributes”.
All the digital cats cannot be replaced, destroyed, or taken away as it contains NFT.
by depositing Ether (ETH) to the official wallet of CryptoKitties called dapper, users can breed digital cats. Breeding two of their kitties or breeding with the father, also called public sire these are the two ways that Users can breed kitties.
CryptoKitties are well deserving to make it to the list of best NFT projects, due to their immense popularity among gamers.
Launched – 2009
Another famous crypto NFT is the Enjin projects that offer a variety of digital products for games that can be traded and you can monetarize on them.
Enjin launched its Enjin coin (ENJ) for facilitating transactions back in 2017.
Immediately, Enjin started developing a blockchain ecosystem for NFTs.
In 2018, more than 40 game developers used this platform to create games after Enjin announced the world’s first gaming multiverses.
The highest market cap among all NFTs was reportedly achieved in March 2021, and Enjin was reported to empower more than two billion NFTs.
Enjin coins have the maximum potential to grow in 2021and are the cheapest currency in general.
Launched – 2020
In 2020, Dapper labs launched the Flow playground.
When Cryptokitties was developed by Dapper back in 2017, clogged up Ehereum. A new window of opportunity was on the rise as an alternative; FLOW came into existence. Today, it is seen as a foundation of a new generation of apps, games, and digital collectibles.
Flow is a layer one blockchain technology that has included various consumer blockchain applications like Cryptokitties, Dapper wallet, and NBA Top Shot while offering developers to create and trade a particular type of NFT.
Kraken and Gate are the exchanges where users can buy Flow on cryptocurrency and can also interact with FLOW by NBA Top Shot or by buying artworks from the VIV3 NFT marketplace.
Launched – 2020
Creating, managing, and trading content and applications are features offered by Decentraland as a digital platform that includes a palette of digital assets.
Giving the users a variety of digital collectibles starting from estates, parcels, wearables, names, etc. users can own digital parcels and improve and decorate them with their creations including different structures and unique sets of architecture.
Using MANA tokens users can purchase in-game assets and land and trade and monetarize on them. For the facilitation of transactions, MANA coins are available on most cryptocurrency exchanges such as Coinbase Pro, OKEx, Binance, etc.
Decentraland is oriented towards a consumer-centric approach, which gives a certain advantage and is considered one of the best NFT crypto projects in current times.
Launched – 2020
Inspired by Pokemon, Axie Infinity is a popular digital game allowing online users to play battles and collect animated miniatures named Axies.
Digital kingdoms can be in digital possession of online players enhancing their chances of winning by collecting maximum Axies. The collected Axies and the owned lands whenever it seems profitable can be sold by gamers to monetarize on them.
The game has shown fair success in its initial phase. Axie Infinity is declared as the #1 Ethereum game and figures speak for themselves projecting more than 10,000 active attracted to Axie Infinity every month.
Conceptualized as a DeFi project that lets the users lend, borrow, and invest in ETH, EQIFI, and ERC-20 tokens, and selected fiat currencies are included to run on this decentralized platform.
EQIFI is also based on a bank called EQI Bank that allows EQI to gain complete access to products, including multi-currency bank accounts and credit cards.
To bring forward the democratization of global banking services is the primary aim of EQIFI as a project.
Having in mind their success story, the team only took 10 days to fulfill the funding goals, it’s evident to say that this project has a promising future.
Earlier based in Berlin but then moved to Lisbon, Mintbase is an NFT platform built on NEAR protocol.
Unlike other NFT platforms, primarily focused on helping the customers buy and invest in NFTs, the specialty and divergence of Mintbase is that it helps users to mint NFTs in the first place.
Audi integration for music artists is what Mntbase can offer and it is one of the first NFT platforms to provide this feature. It started on testnet with NEAR but moved on the mainnet going live somewhere around April 2021.
Due to their exponential rise in values, NFTs are acquiring all sorts of attention.
Seeking ways to invest in NFTs many users are reworking their investment plans as the cost of NFTs is at an all-time high entering the band to run into millions of dollars.
Users are allowed to buy fractions in ownership rights of NFTs through NIFTEX. This omits the burden of buying the complete object.
This has shown to be highly beneficial for users allowing them to claim the royalties on a fraction of trade and earn profits off the NFT market.
Built and established on Ethereum smart contract Synthesis bank gives the freedom to the users to invest in different assets without any middleman.
CERTIK carries out the audits, providing users with the authenticity and verification of the transactions. Synthesis bank includes services like arbitrage, cross-exchange market making, and liquidity mining.
Synthesis Bank will receive several opportunities on the crypto market if the current trends of NFT remain steady and present in the market for a long time.
It’s evident that the current DeFi system is expanding at a high rate, however, it is not perfect and still needs improvements. It is a battleground of security i.e. various issues like external attacks, hacks, bugs, etc. are not so uncommon.
This resulted in a high necessity for insurance arising from the needs of users who lock their tokens on these respective platforms.
To provide insurance against the issues faced by DeFi users and solve their headaches, InsurAce came into the picture. 2021 will show us a hike not only for DeFi products but also for InsurAce.
Considering the exponential growth in value these tokens are receiving NFTs will stay with us for a long time. This year and the following year we are going to witness an even greater and more exponential rise in NFTs and the crypto market.
If you want to go into detail on NFTs read our publishing: NFTs The Digital Revolution of Copyright And Uniqness within our wiki section.
With prospective chances of claiming maximum profits, users will be on the lookout for newer projects where they find it feasible to invest in and make unimaginable profits.
To bring a particular decision regarding the NFT and crypto market is what we at cryptogoldie.com have set to do in hope that this list of NFT projects has helped you reach your final decision and the expected outcomes.