Have you always wanted to get into the NFT space, but don’t know how? NFTs provide a unique opportunity for creators to monetize their work, and for buyers to own novel digital assets. To help you get started, we will look at the 10 best NFT collectibles to buy in 2023.
What are NFTs?
A Non-Fungible Token is a unique digital asset stored, traced and owned on a blockchain network. They are non-fungible, meaning they cannot be exchanged for other tokens or assets. NFTs can represent any asset on the blockchain, from digital art to collectables, music, and even virtual real estate.
NFTs benefit both creators and buyers. Creators can now easily monetize their work without intermediaries, while buyers get access to unique assets on the blockchain.
Best NFT Collectibles to Buy in 2023
Here are some of the top NFT art project trending right now.
Metacade is an upcoming NFT project that aims to create the largest play-to-earn (P2E) virtual video arcade in the metaverse. It is a hub for gamers to connect with other gaming enthusiasts, and earn real money for competing. Metacade is powered by its utility and governance token, MCADE, which is used throughout the platform. The Metagrants program stands out as a highlight of the project. It allows developers to pitch their projects to the Metacade community, after which MCADE holders can vote to decide which projects are funded.
Read more: Play to Earn vs Move to Earn
ApeCoin is the native token of the Bored Ape Yacht Club (BAYC) ecosystem, a collection of NFT projects. APE has a range of uses, acting as a currency within the ecosystem for purchases, gaming, and access to events. The APE token also fuels the APE DAO, which enables APE holders to vote on the protocol’s future.
The platform has new projects in the pipeline regularly, so be on the lookout for their anticipated releases in 2023.
Axie Infinity (AXS)
Axie Infinity is a gaming metaverse that uses Web3 technology to allow players to collect and breed their digital pets, which are called Axies. Each Axie is a unique NFT, making your pet a one-of-a-kind digital asset with unique traits. The game offers a P2E system, enabling you to earn an income from the metaverse. The AXS token is used to reward users for their participation in the ecosystem.
The Sandbox (SAND)
The Sandbox is a metaverse and gaming ecosystem, built on the Ethereum blockchain, that enables users to create, share and monetize their in-world assets. Transactions are powered by SAND tokens, and users can generate revenue by selling NFTs on the Marketplace or creating their own games.
Players can earn rewards from other users’ games or rent out their LAND plots. The Sandbox is pioneering a big change in gaming, where creators are rewarded for their value to the ecosystem.
Read more: Decentraland Vs Sandbox
Decentraland is a virtual world built on the Ethereum blockchain that allows users to buy, sell, and build on virtual land that is represented by NFTs. Each piece of virtual land is unique, and users can build whatever they like on their land. Decentraland also has a built-in economy, with its currency (MANA) that can be used to buy, sell, and trade virtual goods and services within the platform.
Just like The Sandbox, Decentraland allows its users to monetize and earn from their creations. Whether from unique experiences on your land or through in-game NFTs, the opportunities are endless.
CryptoBlades is a role-playing game that is supported by several blockchains, including BNB chain, Polygon and AVAX. The game offers you many play-to-earn opportunities. Players can fight battles, complete quests and earn SKILL tokens. These tokens can then be staked to earn additional SKILL, or sold for other cryptos.
CryptoBlades has already gained popularity within the NFT gaming community, with the project’s token reaching an all-time high of almost $150 in July 2021. The game’s player base is growing rapidly, and its developers continue to introduce new features to enhance the gameplay experience.
Art Blocks is an Ethereum-based platform that offers programmable generative art pieces, which are unique and verifiably scarce. Each piece of art is created algorithmically and is one-of-a-kind, making it a valuable collectable.
The platform has gained significant attention and popularity within the NFT community, with some of the most sought-after pieces selling for millions of dollars. Art Blocks has a strong focus on art, creativity, and innovation, making it a standout project in the NFT space.
Meta Masters Guild (MEMAG)
The Meta Masters Guild (MMG) is a mobile-focused, web3 gaming guild. They aim to build a decentralised gaming ecosystem that rewards its players for their contributions. To do this, every blockchain-based mobile game in their ecosystem will use a single currency: $MEMAG.
MMG titles are slated to have “Gems” as rewards, which can be converted into MEMAG tokens. Users can then choose to cash out or reinvest their earnings into the ecosystem. Some of the first games in the pipeline are Meta Kart Racers, Raid NFT and Meta Masters World.
Fight Out (FGHT)
An upcoming play-to-earn game, Fight Out incorporates fitness and gaming in a Web3 package. It allows you to attain your physical aspirations by training yourself and your avatar. To get started, all you need to do is train and earn REPS. These REPS can be used to upgrade your avatar and its stats.
Once you are ready, you can compete in various game modes to earn FGHT tokens. The project’s presale has been highly successful, with the team raising over $6.2 million. You can get a head start on earning from the platform by joining the waitlist today.
Metopia is a metaverse investment platform that lets you earn from your virtual real estate. It provides investment, advertising, development and hosting services for real estate in Web3 environments.
The platform’s virtual real estate management framework can let you earn 1.6% weekly accrual over 175 days. Additionally, you receive a stake in the $MTPT token pre-sale, allowing you guaranteed access to the token at launch.
NFTs have opened up new opportunities for creators and investors alike, with the potential for unique digital collectables to become highly valuable assets. While the market has seen a downturn in recent months, there are still plenty of exciting projects in the pipeline that are set to make waves in the NFT space in 2023 and beyond.
From gaming platforms like Metacade and CryptoBlades to unique collectable projects like Art Blocks, the NFT space is full of potential. With careful research and investment, it’s possible to identify valuable NFTs in the market and capitalise on the opportunities they present.
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FAQs on NFTs
How do NFTs work?
NFTs are created using blockchain technology, which allows for secure and transparent transactions. Each NFT contains a unique digital signature that verifies its authenticity and ownership. This enables the asset to be tracked on the blockchain.
What types of content can be turned into NFTs?
Almost any type of digital content can be turned into an NFT. While most NFTs are in the form of images, they can also include music, videos, and even legal documents.
What are the benefits of owning an NFT?
Owning an NFT gives you a unique digital asset that is verified on the blockchain. It can potentially appreciate in value over time as demand for the content increases. Thus, owning an NFT can grant you a novel asset which also helps support your favourite creator.
How can I buy and sell NFTs?
NFTs can be bought and sold on various online marketplaces, such as OpenSea, Nifty Gateway, and SuperRare. Transactions are typically conducted using crypto tokens like Ethereum, Solana or BNB.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The views, thoughts, and opinions expressed in the article belong solely to the author, and not to ZebPay or the author’s employer or other groups or individuals. ZebPay shall not be held liable for any acts or omissions, or losses incurred by the investors. ZebPay has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.