TECHNOLOGY

What Emerging NFT Collections Should You Pay Attention To?

NFT has seen phenomenal growth over the last few years, and the buzz around the technology hasn’t faded. With each day passing, we are witnessing the inclusion of the new NFT art, artists, projects, and investors in the ecosystem. NFTs have become an integral part of gaming, metaverse projects, and much more. 

NFT projects have generated millions of dollars due to their spectacular art and use cases. Bored Ape Yacht Club (BAYC), CryptoPunks, Axie Infinity, and many other famous projects have established their place in the NFT ecosystem. But, you can find new emerging projects that will have a promising future. Before moving into such projects, let’s look at what NFT is.

What is an NFT Project? 

NFT project contains a unique and rare art collection utilized for games, profile pictures, or any other place. A non-Fungible Token (NFT) is a digital cryptographic asset stored on the blockchain with different metadata and codes that distinguish one from another. 

NFTs are listed on the NFT marketplaces to which anyone with the required amount of assets can purchase. The development of NFT marketplaces and launchpads is also in high demand. Softtik Technologies is offering NFT & NFT marketplace development services with years of experience. 

Should you invest in the NFTs?

The NFT sector has seen exceptional growth over the past couple of years. But, the question remains should you invest in this sector or not. Some people buy NFTs to resell them for profit, some for gaming, and others for other reasons. The NFT marketplace development is an excellent way of building a community and listing projects. 

The use cases of the NFTs are scratching the surface of a vast market. The use cases of the NFTs are evolving with time, and you should get early to benefit. You should be aware of some mistakes users make while trading NFTs

5 Best NFT Projects You Should Keep an Eye

The potential to increase in value and mainstream inclusion of the NFTs are the main reasons behind the spectacular growth of the NFT space. Male artists are taking more interest and benefits from the NFT market than females. Let’s delve into these projects to know the reason behind their growth.

  1. Battle Infinity:

Battle Infinity is our best pick among the list of top emerging NFTs. Don’t consider Battle Infinity as a traditional NFT because it has a great utility that assists this project in standing out in the market. An upcoming project with its roots expanding to the virtual world while offering an opportunity to earn by playing the game with engaging and thrilling NFTs.

Battle Infinity has various features that let players earn incentives in the form of $IBAT, the ecosystem’s native token, just like the finest play-to-earn games. Among these features are a shop with various multiplayer P2E activities, an exciting fantasy sports game, an integrated staking mechanism, and even a DeFi exchange.

  1. Souls of Nature

Souls of Nature is the second pick for our best NFT projects list, which is in the development phase. The spectacular art of this NFT project is not yet on sale, but it is soaring in popularity due to its several traits and benefits.

The project is set to launch in Q3 2022, so there’s not much time left. One particular thing to note is that the project already has a vast community developed around it. The team is doing wonders with its marketing skills. I haven’t seen such a big active community for any project.  Souls of Nature is also expanding its roots to the Metaverse with the help of a P2E game. 

  1. Awesome Possums

Awesome Possums can be seen as the top pick of this list due to its great utility. The project focuses on spreading mental health and addiction recovery awareness among its community and the rest of the world. We believe it is an excellent project for a more significant cause. 

Awesome Possums is a community-driven project that aims to create an inclusive community and offer self-development methods to enhance mental health. The ecosystem provides support groups, lectures, activities, and personal projects to aid in the community’s mental health maintenance.

  1. Lucky Block NFTs – Platinum Rollers Club Collection

Ever wonder what the least expensive NFT project will be in 2022? The new “Platinum Rollers Club” line from Lucky Block is our choice for the most thrilling NFT drop and greatest NFT to flip. Due to its novel use case and distinctive tokenomics, Lucky Block is regarded as one of the most significant cryptocurrencies this year, as you may already be aware.

The development team of Lucky Block’s crypto-lottery app revealed a collection of 10,000 unique NFTs before the program’s debut, each of which offered the holders colossal ROI. The main benefit of holding these NFTs is that users can utilize these NFTs as tickets to participate in the daily lucky draw. One lucky holder will win a daily jackpot, which will be 2% of the main jackpot.  

  1. The Forest 

A new NFT project known as The Forest aims to provide creatives with the tools they need to take control of NFT and Web 3 environments. The “Noctura” are their mascots. Users can depend on the owl-like Noctura, who serves as the forest’s guardians and protectors as they travel across the NFT universe.

A series of trees are planted due to each transaction completed on The Forest by their partner, OneTreePlanted.org, demonstrating their environmental consciousness. The Forest can help our environment and help us reduce the carbon footprint. 

Conclusion

NFT market is creating a stir in the business community, and people are rushing to get their hands on this technology. However, we have also seen how the price of some projects has tanked after seeing a sudden boom. That’s why you should do research before investing in such projects. Choose a wholly doxxed and transparent project with a utility and future development. 

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