Introduction
Non-fungible tokens, also known as NFTs, are revolutionizing the digital world. They are unique digital assets that reside on a blockchain. Carving their path in art, music, sports, and gaming, NFTs represent ownership of a unique item or piece of content. Our curated list of top NFTs to buy comprises must-have digital collectibles that could potentially yield a great return in the future.
What are NFTs?
NFTs are a type of digital asset that represents real-world objects like art, music, in-game items, and videos. They are bought and sold online, often with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.
Although they’ve been around since 2014, NFTs are gaining notoriety now because they are becoming an increasingly popular way to buy and sell digital artwork. A staggering $174 million has been spent on NFTs since November 2017.
Top NFTs to Buy in 2021
CryptoPunks
CryptoPunks, one of the first NFTs, were released by software developers Matt Hall and John Watkinson in 2017. The developers created 10,000 uniquely generated characters. No two are exactly alike, and each has its proof of ownership stored on the Ethereum blockchain. In recent months, sales of these pixelated avatars have hit the roof. Owning a CryptoPunk has become a digital status symbol in the burgeoning NFT space.
Beeple Artwork
Beeple, whose real name is Mike Winkelmann, is a digital artist who has been making a picture every day from the past 13 years. He’s been in the NFT game for quite some time now and recently made headlines when his digital artwork, “Everydays: The First 5000 Days,” sold at Christie’s auction house for a whopping $69 million. This sale put him among the top three most valuable artists alive.
NBA Top Shot
NBA Top Shot, a blockchain-based platform, allows fans to buy, sell and trade officially licensed NBA collectible highlights. Think of these as the digital equivalent of traditional sports trading cards. Some of the top NFTs to buy here have sold for up to six figures.
Decentraland
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Within the Decentraland world, users can create, experience, and monetize content and applications. What sets it apart is the ability for users to purchase plots of land that they can later navigate, build upon, and monetize.
Sorare
Sorare is a global fantasy football game where players can trade, train, and earn digital cards representing their favorite football players. With partnerships with over 100 football clubs, Sorare offers some of the top NFTs to buy for sports enthusiasts.
Why Buy NFTs?
NFTs prove ownership of a unique item or piece of content, leveraging the transparent and secure nature of blockchain. While they’re mostly used for buying and selling digital artwork, they can represent ownership of virtually any type of real or virtual asset. This opens the door to many possibilities in the world of collectibles, gaming, real estate, and more.
NFTs also have the potential to create new business models that didn’t exist before. Artists can sell their work directly to consumers without middlemen, musicians can sell their music directly to audiences, and game developers can build games where players can truly own and trade their in-game items.
Conclusion
From artworks and music to virtual real estate and even tweets, non-fungible tokens have turned digital works into tradeable assets. Our curated list of top NFTs to buy acts as a guide for those looking to enter this exciting and fast-paced market. As with any investment, it’s important to do your research and understand what you’re buying. In the ever-evolving world of NFTs, that’s especially critical.
Whether you’re a digital art connoisseur, a sports enthusiast, or a gaming addict looking for the next big thing, the NFT marketplace offers a wide array of options. The world of digital collectibles is just getting started, and there’s plenty of room for new ideas and innovations.
