So you’ve heard of NFTs but aren’t sure what they look like?
Or perhaps you’re looking for ideas and inspiration for your own NFT project?
Well, fear not, because we’ve put together the ultimate list of the top 10 examples of NFTs in 2022.
And unlike many of the other lists, you’ll find online, we’ve grouped them into different categories rather than just putting together a list of arbitrary examples of non-fungible tokens.
In this guide, you’ll learn about the different types of NFTs that have been created and how they all differ from each other.
Because let’s get one thing straight: There is no such thing as a “model” NFT.
Samples of nft art
Create your NFT To Be Redeemable
Some of the great NFT utility ideas are connected to having redeemable NFT projects which may be in the form of goods, physical or digital.
As an NFT creator, how to add utility to an NFT is by providing a specific painting redeemable when a buyer purchases your NFT.
This could be in the form of shipping the physical painting to them immediately after they buy your NFT, sending them a digital painting, or any special offer that is redeemable in the real world.
Another NFT utility idea is by hosting a competition where the buyer with the highest number of your NFT tokens gets a valuable product, for instance, original hand-drawn bonus art from you.
Many art enthusiasts love having access to original and rare art, therefore, offering this to your NFT buyers is how to add utility to an NFT.
In particular, these seem to be digital and 3D art, produced in similar styles and digital versions of paintings that are one of a kind or unable to be produced en-masse. These are currently the most popular, however, given the widening range of forms that an NFT can take, from playing cards to new music releases, there are almost endless possibilities as to what could be in demand in the future.
Given that many artists and creators of other forms of media are now turning to NFTs to engage with their fan base, as well as get a stake in the crypto space, it is likely that this will only increase.
For all types of artists, the world of NFTs presents new opportunities for income streams and a chance to give fans a unique piece of work. If the top NFT artists mentioned in this article are anything to go by, NFTs are definitely part of the future for the arts.
Each ape has a unique look, generated from over 170 possible traits. Several traits occur very rarely, and rare apes sell for much higher prices.
Some apes are currently valued at over $2 million.
Unlike CryptoPunks, the BAYC offers buyers more than just images. The apes also serve as Yacht Club membership cards and provide member-only benefits, including access to a virtual, collaborative graffiti board.
Several famous people now have their own Bored Apes such as Brazilian soccer superstar, Neymar Jr., who bought his ape for $481.6K.
RFTKT (pronounced “artifact”) is an NFT fashion studio that designs and sells digital 3D sneakers and other digital artifacts in the form of NFTs.
This is a great feature to have, for a variety of reasons!
Once all is said and done, you may publish your NFT – a MetaMask wallet popup will appear, with the gas fee that you need to pay in order for the NFT to be minted. As you can see from my NFT publish experience, these fees can get pretty high! This is why you should always try and time the market, if you want to get better gas prices – they can be checked here.
Step 5: Working With Your Tokens
All of the aspects we’ve discussed up to this point relate to publishing your first NFT.
If you haven’t yet heard of NFT’s or NFT art, I suggest taking a look at your wifi connection. In the last 4-5 months, NFT talk has literally broken the internet.
From platforms like TikTok and Twitter to CNN News, the trending topic has left millions wondering, what is it and how can it work for me?
Its recent rise in popularity has promised to revolutionize the creative industry. As a graphic designer and artist, I’m here to ask, “What’s in it for me?” Let’s begin with a definition.
What is NFT art? —
An NFT is a digital asset that exists completely in the digital universe—you can’t touch it, but you can own it.
The most expensive Bored Ape Yacht Club NFT was sold for a whopping $2,272,620.
In fact, Justin Bieber recently bought one for over US$1.6 million Ethereum; this is an illustrative example of the hype/exclusivity of the collection. Given the massive price tags, Bored Ape Yacht Club has established themselves as one of the most exclusive art-ownership clubs in the world.
If you want to be in the same club as Justin Bieber or Post Malone and gain access to the perks, the cost of joining is the floor price of the collection.
And with most marketplaces, you’ll find a good mix of selling options, including different auction types and some gas-less minting mechanisms.
5 Most Expensive NFT Art Sales
If there was any doubt about the power of NFT art, look no further than these top five sales. Even beyond the price tags, which stretch into the 10s of millions, the art itself poses a new frontier.
We’ll lead off with the top sale first and work our way down.
- The Merge ($92 million). Pak, an anonymous digital artist, explored the boundaries of fractionalization for this piece.
They split the creative work into 312,686 pieces, with a corresponding “mass.” The pieces could be merged over time, creating chunks with bigger mass until the collectors formed the entire artwork.
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More Than Just Speculation
As pointed out earlier, probably one of the most popular pieces of criticism that skeptics express towards NFTs has to do with the speculatory nature of these tokens.
NFTs, thus, advance ownership in the digital world. Before, we could only possess digital currencies; Now, we can be the proprietary owners of digital items in the form of NFTs.
NFT technology also allows creators to limit the supply of their digital content. If an artist publishes a piece as an NFT, there will only be as many copies as the artist releases. If an NFT creation has high demand, its limited supply, or even uniqueness, can increase its value dramatically. One NFT, for instance, Beeple’s Everydays: The First 5000 Days sold for nearly $70 million, making it the most expensive NFT ever sold.
Although commonly used for art, NFTs allow us to own a variety of digital goods.
In the ever-increasing ecosystem of the NFT’s, sports highlights are getting sold for hundreds of thousands of dollars through NBA Top Shot. Basketball phenomenon LeBron James’ famous dunk over Nemanja Bjelica was bought by a group of investors for a record $208,000.
Expect the resell value to be even greater and more valuable as time goes on.
11. New York Times article
What would you spend your funds on if you had 350 ETH just lying around in your Ethereum wallet? Well, one auction participant stepped into a heated auction with over 30 bids and spent a massive 350 ETH on a special one-of-a-kind collectible item created from a New York Times column on technology.
As at the time of sale, the image of the column with the title “Buy This Column on the Blockchain” was bought for over $500,000.