The year is 2022 and we finally managed to completely upend the way in which people experience games. Instead of playing on computers, you can play with your favorite characters from thousands of other players across the world. This has led to a new category that hasn’t been seen before: non-fungible tokens (NFTs). NFT’s allow for one digital asset or token that represents an ongoing digital game.
The “best nft projects 2022” is a list of 10 NFT projects that are expected to be big in the future. These projects will provide more insight into what the future holds for cryptocurrencies.
After decentralized finance (DeFi) burst in mid-2020, the non-fungible token (NFT) industry has blossomed as the second major trend in the last two years. NFTs, on the other hand, attracted a whole new set of consumers, businesses, organizations, and others because of their potential as digital collectibles.
NFTs provided something a little more enjoyable than DeFi, which enabled decentralized banking and allowed users to participate with it for the goal of generating passive income with little risk. NFTs were heavily engaged in the debut of the following trend, the metaverse, which enabled them to maintain their popularity and even acquire a new segment of users enticed by the metaverse’s promise of digital worlds.
As a consequence, we now have a mixture of metaverse and non-metaverse NFT initiatives, both of which have significant investment potential. Today, we’ve compiled a list of our top ten non-fungible token projects in the hopes that one or more of them will meet your needs, whether you’re looking to diversify your portfolio, play a metaverse game, buy digital art, or anything else.
1. Decentralization
The first on our list is Decentraland, which is also the initiative behind one of the industry’s oldest metaverses. In fact, Decentraland’s metaverse might be the oldest, giving it a distinct edge over its competitors. The metaverse of the project provides digital parcels of land, each of which is represented by an NFT.
By purchasing an NFT, you get ownership of the digital piece of land associated with that non-fungible token. You can do anything you want with it once it’s yours, such as make games, construct software, create an art gallery for your NFTs, organize digital meetings, manage a company, organize events, and more.
Visit our Investing in Decentraland guide for more information.
2. Infinity Axie
Axie Infinity takes the second slot. Axie Infinity, another metaverse concept, is really a game project that features a massive universe filled with Axies. Because each Axie is linked to a certain NFT, gamers will need to acquire a few before they can begin playing. Players may then train them, enhance them with 500 various body parts, or breed them to create new ones after they’ve entered the game.
They may then either sell the new ones to other players to make money, or they can use their current Axies to battle and beat other players, earning prizes in the form of the project’s native AXS coin. Because this is a real cryptocurrency, it can be traded on a variety of crypto exchanges, while NFTs can only be traded on NFT markets.
Visit our Axie Infinity Investing Guide for more information.
3. Silks
We have an NFT project in third place that has received a lot of attention. This project, called Silks, has its own metaverse where users may own, trade, and receive prizes from horse racing. All events in the game are based on real-world occurrences, and each in-game horse has a real-world equivalent.
When the real-world horse does well in races, the project enables people to profit from the metaverse. Furthermore, Silks has succeeded to integrate real-world gambling with decentralized revenue through the blockchain, which makes it incredibly fascinating and appealing to consumers.
But that’s not all; it also enables users to own parcels of land, build their own stables to house their virtual horses, and monetize them to make money.
4. NFTs with Lucky Blocks
The Platinum Rollers Club NFT collection is included in Lucky Block, an NFT initiative. Due to its novel crypto-lottery function, Lucky Block has also emerged as one of the top cryptocurrencies accessible.
The project’s NFT collection produced 10,000 NFTs, each depicting numbered 2D tickets and hosted on BSC. The value of NFTs stems from the considerable perks that come with owning them, such as automatic inclusion into daily prize drawings for an average of $10,000.
There are also 25 cards classified as Rare Editions, which enable owners to double their payout if their number is chosen. Finally, each customer who purchases Lucky Block NFTs gets placed into a one-time prize draw with the chance to win a new $300,000 Lamborghini Aventador.
5. Telos
Telos, which is ranked sixth, is a project developed for two things: speed and scalability. The project’s purpose is to become the network that propels cryptocurrency and blockchain usage into the mainstream. Telos-based tokens, NFTs, and smart contracts are already in use in social networking applications, DeFi, gaming, and other domains, giving the project’s products a wide range of application possibilities.
Furthermore, the project has over 100 dApps that benefit from excellent network speeds of 0.5s blockchain times and may expand up to 10,000 TPS. Other advantages of participating in the project include decentralized file storage, voting, location, and more.
MekaVerse 6
The following project is MekaVerse, which is a top NFT project that users should be aware of. It’s an anime-inspired NFT project with 8,888 Mekas NFTs available. Each of them is a work of art based on the Mobile Suit Gundam anime series, which is a prominent franchise that has previously influenced this drop.
Each item is unique, and there are no two NFTs in the whole collection that are identical. Although the project would not officially open until late 2021, its community flourished quickly, with many members wanting unique events and information exclusively accessible to NFT owners.
Meta Triads (nine)
Meta Triads, which is regarded the greatest NFT initiative in the fashion industry, is ranked eighth. It’s an intriguing concept that gives 10,000 pieces of digital art, each with its own set of benefits. Humans, Hybrids, and Humanoids make up the collection, which is divided into three groups. Aside from that, several NFTs have been categorized as Triads.
The art is highly beautiful, and the NFTs are worth purchasing only for the art. However, the project’s creators are including additional perks for NFT holders, giving incentives and encouraging people to keep their cards.
8. Unchangeable X
Immutable X is the eighth project on our list, and it bills itself as the first layer-two scaling solution for NFTs on Ethereum. According to the project, its blockchain may overcome Ethereum’s drawbacks, such as bad user experience, lack of liquidity, lack of scalability, poor developer experience, expensive gas prices, and so on.
In reality, this technology has no gas expenses and provides rapid trading as well as vast scalability. As a result, the project enables users to produce and distribute ERC-20 and ERC-721 tokens on a large scale, potentially revolutionizing Ethereum’s content, even if its own blockchain is still technologically inferior.
FeeFriends (nine)
VeeFriends, which is towards the end of the list, is an NFT project that provides a beginner-friendly approach to join the NFT market. Gary Vaynerchuk or GaryVee have generated NFTs for the project.
This is a well-known marketing expert with a sizable social media following and a library of 10,255 distinct NFTs available for purchase. The tokens themselves are works of digital art, and each one has qualities that GaryVee admires.
Splintershards (nine)
Finally, but certainly not least, there’s Splinterlands. This is a blockchain-based digital collectable card game inspired by games like Magic: The Gathering. Players may construct a collection of cards, each with its own set of traits, much as in the previous game. After that, players may compete in skill-based battles, with the person with the best collection and talent usually emerging victorious.
Like actual cards, players may purchase, sell, and trade their digital valuables. The project’s purpose is to reclaim actual card ownership, which players lost following games like Yu-Gi-Oh! and Magic: the Gathering. The Gathering no longer prints cards and has gone digital.
Conclusion
With that, we’ve come to the end of our list of the top 10 NFT projects to watch in May 2022. As you can see, the list includes a wide range of tokens from various projects, all of which are intended to be used for various reasons. This is simply a small sample of the hundreds, if not thousands, that are available, so if you want to go beyond the ones we’ve suggested, you may. Simply do your homework before you start spending your money, and make sure you understand what you’re doing and why you’re doing it.
The “best upcoming nft projects” are the top 10 NFT projects to keep an eye on in May 2022. The list includes Ethereum, EOS, Cardano and more.
Related Tags
- upcoming nft projects 2022
- best nft to buy on opensea 2022
- upcoming nft projects feb 2022
- top nft projects march 2022
- most trending nft projects
