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Numerous exciting new projects have come to life due to the explosion of growth within the NFT industry. These projects provide an attractive investment opportunity for savvy investors who can identify them early in their development.

This guide covers the top upcoming NFT projects and can help clarify the investment landscape, explaining where to invest in these assets with no transaction fees today.

12 Best NFT Projects to Consider in May 2024

After researching a number of different NFT collections that are currently available, our team narrowed it down to the top 12 projects that look promising for 2024.

  1. ApeMax – A meme coin NFT game with a native utility token. ApeMax appeals to meme enthusiasts who want to earn from their DeFi investments.
  2. Pixel Beast – the project with an impressive collection of 10,000 NFTs. NFT owners can access an immersive world of games, activities, communities, online events and more.
  3. Lucky Block – Invest in a Lucky block NFT to be entered into daily prize draws. All NFT holders can earn rewards such as cash, luxury tech or even cars. Lucky Block is the market-leading crypto lottery site that is built on blockchain technology.
  4. Silks – The best NFT project for horse racing enthusiasts. Each NFT represents a real-life race horse and owners benefit when the horse performs well in races.
  5. Yubo – The social platform that rewards users for live streaming. Yubo NFTs can be used to access the platform and start earning rewards by socializing.
  6. Lazy Goats – Lazy Goat NFTs provide access to the exclusive Lazy Goat metaverse which brings together crypto enthusiasts from around the world. There are only 1, 234 NFTs in the collection, making them a rare investment opportunity.
  7. Punk Dogs – An NFT collection that pays tribute to the original Crypto Punks. Punk Dogs are typically purchased as long term investment that could appreciate in value over time.
  8. Archaic Art – AI-based NFT artwork that plays homage to modern art methods. Each NFT is a unique, intricate piece of artwork that has been created by  machine-building AI.
  9. Space Apes – Space Apes were inspired by Bored Ape Yacht Club. They are a collection of monkey NFTs that each have different features and therefore unique value. There are only 494 Space Apes NFTs available.
  10. Great Ape Society – Another Ape-inspired NFT collection that has a total supply of 10,000 NFTs. The collection is inspired by a backstory that makes the project interesting for investors.
  11. Flyfish Club – A membership-only dining club that provides access to the Omakase restaurant, cocktail lounge and club. There are only 1,501 tokens available to the public and they sell for around 2.5 ETH.
  12. World of Walrus – A fun NFT collection that combines Walruses with pop culture icons. Each NFT resembles a familiar face and are typically held as a long term investment that could provide returns if their value appreciates.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

What Is an NFT?

An NFT is a unique digital asset that represents ownership or proof of authenticity of a particular item, whether it be a piece of art, a song, a video clip, or even a tweet. Unlike traditional crypto tokens, NFTs are non-fungible which means that they cannot be exchanged 1-for-1. The value of each NFT is unique which means that no NFT has the same price, even if it is from the same collection.

NFTs provide a digital certificate of authenticity and ownership of a digital asset. This has given rise to a new way for artists, musicians, and creators to monetize their work in the digital world. By tokenizing their creations as NFTs, they can sell them on various platforms such as Nifty Gateway, OpenSea, or Rarible, and retain the rights to a percentage of future sales. This has opened up a whole new world of possibilities for artists, who can now directly connect with their audience and receive fair compensation for their work, without the need for intermediaries.

what are nft projects

The Risks and Benefits of Investing in NFTs

Like all digital assets, investing in NFTs comes with inherent risk. However, buying NFTs also comes with several benefits that have made them a popular asset class amongst long-term investors in 2024. Let’s take a look at the risks and benefits of investing in NFT projects.

Risks of investing in NFT projects

One of the biggest risks of investing in NFT projects is the volatile market. The prices of NFTs can fluctuate wildly, making it difficult to predict their long-term value. What may be worth a substantial amount today, might be worth significantly less in the near future. This unpredictability makes it a risky venture for investors.

Another risk comes from the lack of regulation in the NFT space. Unlike traditional investments like stocks or bonds, NFTs are still relatively new and unregulated. This opens the door for fraud and scams, with many fake projects and artists emerging to take advantage of unsuspecting investors. Without proper guidance from governing bodies, investors are more susceptible to financial loss.

Furthermore, the environmental impact of NFT projects is a growing concern. Many NFTs are built on blockchain platforms that consume enormous amounts of energy. This has raised questions about the sustainability of NFTs and their long-term viability. With the increasing focus on environmental sustainability, investing in projects with a heavy carbon footprint may prove detrimental in the long run.

Benefits of investing in NFT projects

One of the key advantages of investing in NFT projects is the potential for high returns. Just like with any investment, the value of NFTs can fluctuate greatly which could be beneficial for investors who manage to buy a token whilst it is undervalued. Many NFTs have seen astronomical gains in value, with some selling for millions of dollars. This means that if you invest wisely in the right NFTs, you could potentially make a substantial profit.

Additionally, NFTs offer a level of ownership and authenticity that traditional forms of art or collectibles cannot provide. Through blockchain technology, NFTs are easily verifiable as genuine, creating a sense of trust and security for collectors. This newfound ownership experience has attracted not only art enthusiasts but also celebrities and high-profile investors who recognize the unique advantages of NFT ownership.

Another benefit of investing in NFT projects is the potential for creative and artistic collaborations. With NFTs, artists can earn royalties every time their digital creations are sold in the secondary market. This provides a new revenue stream for artists and encourages innovative collaborations between artists and collectors. Moreover, NFTs allow creators to showcase their work to a global audience, removing barriers to entry and democratizing the art world.

A Closer Look at The Best NFt Collections of 2024

Our team spent time reviewing numerous NFT projects to find collections with the most potential. In the following section, we take a closer look at the best NFT collections to buy.

1. ApeMax – the worlds’ first income growth mechanism

ApeMax is a new crypto project that combines meme culture with utility in a way that appeals to crypto enthusiasts around the world. With a pre-sale that has sparked investor interest and unique features, ApeMax is not just another new token on the blockchain. ApeMax has created an innovative Boost-to-Earn model that allows holders to increase their profits and bet on different entities, such as their favourite communities or the latest DeFi projects. In this way, they can earn ApeMax rewards. This interactive approach makes ApeMax more than just a meme coin like others on the market.

ApeMax Coin

The pre-sale of the project is another original element worth mentioning. ApeMax introduces the concept of “loot boxes”, where token holders can benefit from special discounts during the pre-sale.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

2. Pixel Beast – the project with an impressive collection of NFTs

PixelBeasts is an exciting project that brings together both beginners and advanced technology users in the Web3 world. This initiative offers an impressive collection of 10,000 adorable NFT creatures, each 24×24 pixels in size. The collection features 41 unique creatures and 2 million different combinations. What makes the PixelBeasts collection truly special is the dynamic social experience it offers to those who own these NFTs. Buying a PixelBeast NFT gives you access to a world of exciting activities, including games, events and more.

Pixel Beast

PixelBeast is a unique opportunity for those who want to start their adventure in the Web3 universe, especially since they have a considerable collection of NFTs that give them access to various utilities.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

3. Lucky Block – Platinum Rollers Club NFT Collection

Among the best NFT collections for 2024, is Lucky Block . Using this platform, players can play online lotteries safely and transparently. Furthermore, lucky Block’s games are executed through smart contracts, ensuring that they are 100% fair and random.

Using the platform’s mobile app or desktop software, you can access the Lucky Block game. Tickets must be purchased using LBLOCK tokens via the app to play the game. There is also a daily lottery draw for Lucky Block NFT holders, exclusive to them. As an owner of a Lucky Block NFT, you’ll automatically be entered into a daily lottery draw for 2% of the jackpot.

Additionally, there are only 10,000 Lucky Block NFTs in circulation, and no more will ever be created. In other words, its scarcity is likely to increase the value of Lucky Block NFTs over time.

best nft projects 2022

In this group, 25 NFTs are deemed rare collectibles. You won’t know whether the NFT you buy is rare until you’ve completed the purchase. Ownership of a rare NFT can offer you additional perks, such as a significantly higher jackpot prize.

Those interested in becoming a part of the Lucky Block project can go to the popular marketplace NFT Launchpad for more information on how you can purchase your very own NFT today.

Additionally, if you’re interested in connecting with other NFT investors, you should check out Lucky Block’s Telegram Group.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

4. Silks – New NFT Project With Horse Racing Play to Earn

Your next NFT investment opportunity is Silks, a game built on the Ethereum blockchain that allows you to earn tokens by playing it. The world of thoroughbred racing inspires silks. The game features a rich metaverse, where players can purchase avatars and NFTs to participate in gameplay.

Horses in the Silks universe are their NFT-counterparts in real life. Therefore, players will have to invest in land and build stables to take care of their horses, which are available as NFTs. Rewards can be earned when the real-life counterpart of your horse wins a race. The rewards will be given in the native Silks Metaverse transactional token $STT. Those who stake $STT and breed their horses can also generate more rewards.

best upcoming nft projects 2022

Based on long-term prospects, new horse NFTs will be minted for the game every year. In addition, each NFT will be minted according to real-life auctions, ensuring that the NFTs represent real horses. Besides this, Silks offer an NFT marketplace where you can acquire in-game assets like rare silks, stables, and more.

Game of Silks, the Blockchain Fantasy Sports platform, has disclosed a $5 million investment in its Seed 2 round from a consortium of strategic investors. This funding is particularly significant as it arrives amidst a broader decline in Web3 financing, with Web3 funding consistently decreasing for seven consecutive quarters since Q4, 2021. Silks had previously secured $2 million in a venture round in April 2021 and an additional $150,000 in April the following year. With this latest round, the total disclosed funding for Game of Silks amounts to approximately $7.15 million, with a significant portion of it secured during the crypto winter.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

5. Yubo – Overall Best NFT Pixel Art Collection

With the success of Pixels, Yubo’s in-app digital collectibles launched in July 2021; the NFT platform launched its first collection in April, Randos. This is a part of a larger “socialize and earn” concept created to give Yubo users more ownership.

Yubo is poised to set itself apart as the sole social platform granting genuine ownership to the Gen Z demographic, boasting a user base of over 60 million live streaming enthusiasts. This unique form of ownership will be unlocked through the acquisition of one of the 10,000 generative art pieces within the “Randos” collection.

Those who become Rando NFT owners will have the opportunity to generate income by engaging in activities they already enjoy on Yubo, including hosting live events, sending Pixels, and participating in other revenue-generating actions, both for their accounts and for the Yubo platform itself

how to find the best nft projects

Rando NFT owners will be able to earn revenue by doing what they already do on Yubo, such as hosting live events, sending Pixels, and doing other things that will enable them to generate revenue for their accounts and Yubo.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

6. Lazy Goats – Excellent NFT Collection Available On NFT Launchpad

Lazy Goat has created a unique NFT community that brings together different people in the crypto sector. A unique metaverse is available to owners of the Lazy Goat, the Grass Club, and several club perks.

lazy goats nft collection

The Lazy Goat Club is a collection of NFTs (Non-fungible Tokens). This is a collection of digital artwork stored on a blockchain. There are 9,776 NFTs in the Lazy Goat Club. There are currently 517 owners with at least one NTF in their wallets.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

7. Punk Dogs – Innovative Limited NFT Collection

Punk Dogs is an Ethereum-based project that plays homeage to the original CryptoPunks project. The total supply of Punk Dogs is 1000 and there are 4 different types of Punk Dog NFT: common, zombie, ape and alien.

punk dogs nft collection

 

Among the PunkDogs NFTs that have been sold, PunkDog #2338 is the most expensive at 42 ETH. Although the collection is inspired by CryptoPunks, Punk Dogs is not affiliated with Larva labs.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

8. Archaic Art – Rare Collection Available on NFT Launchpad

Archaic Art is an innovative NFT collection for modern art enthusiasts who want to diversify their portfolios with digital art. It is a collection of 2500 unique pieces that can be purchased on NFT launchpad for BNB.

The collection has managed to attract investor interest and is considered to be one of the more expensive collections to buy in 2024. Each digital artwork is inspired by the Archaic era.

best nft projects 2022

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

9. Apes in Space – Monkey Themed NFT Collection

The Apes in Space project consists of 9999 NFTs on the Ethereum blockchain. The NFTs are available on OpenSea and there are a total of 6298 owners. The project is a fork of the Bored Apes NFT collection, which is considered to be one of the most popular NFT collections available.

apes in space

The average price of an Apes In Space sale is around $386 however, Apes start from 0.01 WETH. Each Ape has a unique, space-themed design.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

10. Great Ape Society – Established NFT Ape Collection

Great Ape Society NFTs are a popular collection with an engaging back story and high investor interest. The total supply of tokens in the collection is 10,000 and the most expensive Great Ape is currently priced at 65 ETH.

The collection is based on this premise: The Great Ape Society was founded in 1968 due to experiments conducted by the United ApeWarSpec. As time went on, the apes realized the harm humans were causing. Finally, chief Ape led the Apes to freedom in an epic movement. Society continues to grow and thrive around the world after its unification.

great ape society nft colelction

This premise gives it an essence that makes the project interesting to investors. Similar to Apes In Space, the Great Ape Society is a fork of the Bored Ape Yacht club and uses this to drive investor interest.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

11. Flyfish Club – NFT As A Membership

The Flyfish Club and its NFT membership could be described at a high level as a new, crypto-ized spin on an old concept: a members-only dining club. VCR initially allocated 1,501 membership tokens for the Flyfish Club to the public and reserved 1,534 for the company. The membership remains valid as long as the token is owned; like most NFTs, the owner can resell the token (and many are already trying to do so) on marketplaces like OpenSea.

Flyfish Offers Two Levels of Membership. Tokens are available from Flyfish in two forms: Flyfish tokens and Flyfish Omakase tokens. Flyfish tokens are initially offered at 2.5 Ethereum and get you into the restaurant and cocktail lounge. Omakase tokens are initially offered at 4.25 Ethereum and allow you access to the exclusive Omakase room.

best new nft projects

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

12. World of Walrus – Fresh NFT Collection Based On Walrus And Pop Art

The World of Walrus NFTs represent famous pop culture characters, providing a humorous and entertaining collection. This NFT collection is limited to just 106 NFTs that are owned by an exclusive group of people.

Given that its price remains low, it is a good investment for the long-term due to its originality in a market full of monkey-themed NFTs. This collection might grow and make a surprise. World of Walrus NFT #91 was the most expensive. On April 14, 2022, it sold for $90.6.

best 2022 nft projects

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

How To Know if An NFT Has Potential?

With so many different NFTs available, it is important to know how to spot tokens that have potential. Here are some key factors to look out for.

  • Underlying value: First, consider the underlying value of the NFT. Is it tied to a popular artist, musician, or brand? Does it have a unique and compelling concept or story? NFTs that have a strong foundation and intrinsic value are more likely to have long-term potential.
  • Market demand: High demand and strong market interest indicate potential for future value appreciation. The easiest way to determine the demand for an NFT is to look at the volume of NFTs traded in a collection. If the volume is trending up, it indicates high demand.
  • Scarcity and rarity: Limited edition tokens or those with a small supply create a sense of exclusivity and can drive up demand. Additionally, NFTs that have utility beyond just ownership, such as granting access to exclusive content or experiences, can also enhance their potential value.
  • Creator reputation: Research the track record and credibility of the creator or platform behind the NFT. Have they produced successful and highly valued tokens in the past? Do they have a good reputation within the NFT community? Investing in NFTs with a proven track record can provide more confidence in their potential for future growth.

How To Find The Best NFT Collections

Given the exponential growth experienced by the NFT space in 2021, it can be difficult to determine which of the best upcoming NFT projects with the greatest potential will be most feasible.

As a result, we have outlined some of the key ways to find the best new NFT projects in 2024 in the sections below.

Keep Track With NFT Calendars

By browsing the Internet, one can spot emerging NFT projects. However, it is possible to miss an upcoming launch or an opportunity to gain early access. An NFT calendar can help you avoid such mishaps.

The NFT calendar will contain the dates of all upcoming launches and noteworthy drops in the coming months. So you can easily keep track of new projects with ease and effortlessly. You can also use these to research the top NFT projects that interest you most.

It’s time to invest in your future with the next big thing in upcoming NFTs!

best nft projects

Roadmap Or Whitepaper

You might also want to do some background research after you have narrowed down the NFT projects you are interested in. But, again, a whitepaper or roadmap is the best way to gain an understanding of an NFT project. Essentially, these documents establish the project’s goals and its growth strategies.

The NFT roadmap can tell you about milestones, short- and long-term goals, and marketing plans. Every NFT project should also have a clear vision and mission and a plan for accomplishing them.

Based on the roadmap, you will be able to determine how much effort has been put into the project. You can also determine if the goals set are achievable if you have some knowledge of the industry.

If you find the whitepaper too far-fetched or poorly strategized, it’s best to look elsewhere.

Social Presence

To find the right NFTs to invest in, you should choose projects that have already generated some attention from the media. An NFT project without any visibility will have a difficult time finding investors.

It is of the utmost importance for the NFT to have a strong social media presence.

It is advisable to check social networks like Twitter, Instagram, Facebook, and forums such as Reddit, Quora, etc. NFT projects can be compared based not just on their following but also on the activity on their respective pages.

Market traction is likely to come from startups with a continuous engagement from followers and founders.

 Where To Buy Upcoming NFT Projects

Having established what the best NFT collections are, let’s focus on how to purchase these projects. There are dedicated NFT marketplaces from which you can purchase NFTs using either FIAT or crypto, as you’ll already be aware. Although there are several options, NFT Launchpad is our pick for the best NFT marketplace.

best nft projects 2022

NFT Launchpad entered the NFT space in 2024 and offered a dedicated NFT marketplace on BSC. The NFT market on NFT LaunchPad provides a wide range of digital assets. For example, NFT LaunchPad is the only place to buy Lucky Block NFTs, generating buzz recently.

For creators who wish to mint NFTs themselves, the NFT Launchpad is the ideal solution. The entire process is streamlined through this platform, so you can concentrate on what matters most – making money. Using the NFT Launchpad, you can create NFTs simultaneously in multiple formats, including MP4. Furthermore, you can start using NFT Launchpad immediately.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

Investing In NFT Projects Safely

NFTs have the potential to be profitable investments. To purchase an NFT, you need to access a marketplace, just as you would use Amazon or Etsy to purchase standard products. An NFT marketplace is exclusive to purchases of digital assets of this type.

To begin an NFT purchase, you will need to set up a digital wallet. A wallet allows you to store cryptocurrency, which you use to buy NFTs.

It is important to remember that NFTs can be purchased via a virtual auction or final price. Virtual auctions are similar to buying and trading cryptocurrencies and stocks. The price of NFTs at auction can fluctuate rapidly depending on demand at any given moment.

NFT marketplaces aren’t as difficult to find as you might expect. Here are a few that offer NFT sales:

  • NFT Launchpad
  • Crypto.com
  • OpenSea

If you’re starting, it’s a good idea to buy from a verified marketplace, as some impostors could take advantage of you.

Conclusion

This guide has provided a comprehensive overview of the best new NFT projects to watch this year, highlighting their strengths and potential value. When you know which upcoming NFT projects have the most potential, you’ll be better positioned to make long-term investments.

We recommend you partner with NFT Launchpad if you’re interested in investing in one of the upcoming NFT drops mentioned above. Users can buy NFTs directly from their crypto wallets without paying any transaction fees or fees associated with the transaction.

best upcoming nft projects 2022

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

FAQs

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References:

Pilar Chia Freelance Writer

Pilar Chia Freelance Writer

Pilar is an experienced English translator and writer who has previously worked for Capital.com and Currency.com. Pilar has a strong interest in blockchain technology, cryptocurrencies and investing. She uses her writing skills and enthusiasm for the DeFi industry to write informative, engaging content that helps readers to make informed decisions. 

Outside of work, Pilar actively researches and participates in the DeFi space to enhance her knowledge and stay up to date with the latest developments.