If you’re looking to invest in buying non-fungible tokens (NFTs), you might wonder what the best NFTs to buy. Some amazing NFTs with the potential to go up, whether you’re trying to complete a collection or want to try your hand at crypto trading. We’ve produced a list of the top NFTs to buy to make things easier for you.
How to invest in NFTs?
You don’t need to have a lot of money to start investing in NFTs. Just identify the NFT you want to invest, fund your wallet, and buy the digital collectible on the marketplace. You often need an Ethereum-compatible wallet containing Ether to buy an NFT.
Minting refers to purchasing NFTs as soon as they are released before they are available on the secondary market. This is great because most NFT projects provide their collections at extremely low costs, or sometimes for free, allowing you to maximize your profit margin.
However, because of strong demand and limited availability, quality NFT projects are extremely difficult to come by. That’s why most NFT initiatives create whitelists, so early backers may be assured of minting access once the collection is live.
Join the project’s Discord group to learn about the project’s qualifying requirements as well as the date and hour the NFT collection will go live. You may easily transfer the NFT to secondary marketplaces like OpenSea and sell it for a better price once you’ve minted it.
2. Buying on secondary markets
Assume you’re running late and don’t have a mint. The NFT is still available on the NFT marketplace. OpenSea, Robinhood, Crypto.com, Coinbase, Binance, Rarible, and others are among these platforms.
Look for NFTs that are currently undervalued and that you believe they will increase in value in the future. It is important to ensure the project has enough liquidity before you get too enthused. To examine how many people are listing products against how many people are actually buying, go to the Activity page and pick Listing and Sales. In an ideal world, transactions should occur every few minutes. You’ll have an easier time finding buyers for your NFTs if the trade volume is large.
How do I choose the best NFTs to buy?
One of the difficulties in evaluating non-fungible tokens (NFTs) is that there’s no easy way to determine fair market value. As a result, determining whether a given NFT is overpriced or underpriced is difficult. Here are some methods for determining the optimal NFTs.
1. Who is the creator?
The beauty of NFTs is that anyone can create them – from established artists to hobbyists to novices. So, consider what type of art you’re interested in buying and do your research on who made it and why. Was it a hobbyist who wants to see what happens when he puts his work out there? Is this a well-known artist who has sold hundreds of pieces before? Both are acceptable, but if you’re seeking to invest in a work, you’ll want to do personal research and learn as much as you can about the creator, so you know what kind of trajectory to expect.
2. What is the price?
The price of an NFT will depend on the platform, the quality of the artwork, and the artist’s reputation. Some have a starting bid (minimum price), while others have a fixed amount set by the creator.
The rules of auctions and sales vary across platforms, so it’s always best to read the specific terms and conditions before placing your bid.
3. Features or additional utility
There are many different ways to evaluate NFTs. The most basic is to look at the features the NFT offers. Consider what you can do with the NFT and whether it falls into a category of NFT that is likely to be more popular than others. An NFT that allows you to play a game is more likely to be in demand than an NFT that gives you access to a chat room.
Best NFTs to Buy
1. Bored Ape Yacht Club
Bored Ape Yacht Club is a collective of NFTs founded in 2021 by Greg Solano and Wylie Arnow. The team comprises industry veterans who share a common passion for creating games that are engaging, entertaining, and full of heart.
The Bored Apes are unique because they were the first NFTs created on the Ethereum blockchain for free. There are few Bored Ape NFTs, and this collection includes some of the rarest.
2. Crypto Punks
A Crypto Punk is an ERC-721 token that lives on the Ethereum blockchain. In non-technical terms, it’s a digital collectible that you can own and trade with others. There are 10,000 unique Crypto Punks released in 2021 by Larva Labs.
Each Punk has a unique appearance and can be owned by anyone with an Ethereum wallet. Notably, only one person can hold a particular Punk at any given time. Crypto Punks is currently one of the most popular brands of NFT on OpenSea, with more than 762 people following it. The average price per Punk is $42,809. In October 2017, NFT CryptoPunk #8348 was sold for $456. The same NFT was sold for 84 ETH ($169,490) two years ago and received an offer of 60,000 ETH ($119 million) in 2021.
3. Pudgy Penguins
Pudgy Penguins has been a favorite collectible of many investors and collectors. With over $2 million in sales, Pudgy Penguins were arguably the top NFTs to buy in 2021.
Pudgy Penguins are a series of collectibles by artist DankTank. There are currently 26 penguins in the collection, but that number will increase over time as more are released.
Pudgy Penguins (PP) is one of the most popular NFTs in the market today. It is a revolutionary game with stunning graphics. You are incredible, and its gameplay is just a ton of fun.
Decentraland is practically a virtual world where people can build 3D environments and monetize them by selling NFTs. Decentraland uses Ethereum to create these NFTs, which are then sold on the Ethereum blockchain.
The Decentraland marketplace allows users to buy and sell NFTs created by other users. NFTs in the Decentraland market can be purchased with MANA tokens or Ethereum.
Decentraland’s internal economy is fuelled by the interaction between LAND owners, application developers, and users. Within the NFT metaverse, users can explore different districts with unique properties and gather experiences.
Doodles, a blockchain-based game where players can collect and trade designs as non-fungible tokens (NFT), recently sold a single skin for $38,000. Doodles allow players to create NFTs that can be bought and sold on the open market. The game’s developers recently revealed that a single skin sold for 150 ETH or around $38,000 at current prices.
6. Galaktic Gang Collection
The Galaktic gang collection is a set of 42 unique digital art cards that can be bought, sold, traded, and played on the blockchain using Ethereum. The Galaktic gang collection is a collectible card game built on the Ethereum blockchain that combines the gaming experience with fine art.
Each card has six different editions, from common to rare. In addition, there are over 250,000 possible combinations of how the cards can be aligned to form a winning pattern. The cards can be bought, sold, or traded on the OpenSea marketplace for cryptocurrencies, including Ether and DOGE.
7. Axies by Axie Infinity
Axie Infinity is a game that has been around since 2017 and is one of the first games to use blockchain technology. The game uses a collectible character known as “Axie,” which can be traded or used to battle other players.
Axie Infinity is a common example of a game that uses the Ethereum blockchain and can provide a significant return on investment if you’re prepared to invest early.
Autograph.io is the best NFT to buy because of its unique trait. It is the first form of digital asset that can be authenticated. An independent third party will do the authentication, so you don’t have to worry about being ripped off your investment.
Autograph.io is backed by a team of experts with vast experience in digital asset management and technology. In addition, the platform works with some of the largest brands in the world, such as GameStop, Amazon, and Google, to create custom Autographs that are authentic and secure.
How to sell your NFTs?
Once you purchase an NFT, the digital asset belongs to you, and you can do as you please. You’ll be able to keep it as a collectible, display it for others to determine, or flip it for profit. All you need to do is to make sure your collections are purchasable.
To sell your NFT, simply upload it to your marketplace of choice. Confine mind that the marketplace must support the blockchain the NFT was built on. From there, you’ll be able to opt to list it available at a group price or go for an auction-style sale during which buyers place bids. If you’re auctioning off the NFT, ensure you set the minimum acceptable price and, therefore, the duration of the auction. Additionally, you’ll add perks like concert tickets or a special congratulatory message to sweeten the deal.
Customize your debit card with NFT
After buying your favorite NFT, you can personalize your hi Debit Card with your newly purchased avatar.
Here’s some of the highlights of hi Debit Card:
- Spend Euros, Pounds, stablecoins, and other cryptos at any Mastercard merchant worldwide
- Up to 10% card spend reward
- Rebate on between 1-20 Digital Subscriptions
- Fund your card instantaneously via SEPA or FPS with Euros or British Pounds using a hi personal IBAN
- NFT customization for eligible cardholders to personalize the face of their card with an NFT avatar they verifiably own
There are thousands of NFT collection available in the market. To choose the best NFT collection, you should find a NFT project you trust and how much you can afford to lose. One of the best NFT to buy for beginners is Bored Yacht Club because of its popularity and high trading volume.
You can buy NFT tokens on a NFT marketplace. Some of the most popular NFT marketplaces include OpenSea, Rarible, Mintable, Foundation and Binance.
The most popular NFT is the Bored Ape Yacht collection, founded in 2021 by Greg Solano and Wylie Arnow. As of mid-November, the total volume of the Bored Yacht Club is more than 680,000 ETH.
Yes, investing in NFTs can be very profitable, provided you invest in high-quality projects with enough liquidity. Having said that, it is difficult to figure out which digital collectible will increase in value and which one will not. This is because NFTs are a speculative investment. Value is usually uncertain and will fluctuate based on market demand. But identifying a promising project can pay off big later. Some digital collectibles that originally sold for petty values have sold for many thousands of dollars.