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10 Best Utility NFTs To Invest in December 2022

Disclosure Fact Checked

Non-fungible tokens (NFTs) have become commonplace in the decentralized finance (DeFi) and cryptocurrency space since the boom in 2021. However, not all NFTs have great utility. Some are based purely on social media hype and marketing. But utility NFTs have more inherent value than these hype-backed NFTs that are riskier investments. To take the stress of searching for the best utility NFTs off investors, we have researched and compiled the top utility NFTs to buy in 2022. 

Our detailed guide features the 10 NFTs with best utility and how to invest in them.

10 Best Utility NFTs – List 

Below is a quick overview of the top utility NFTs to buy in December 2022. However, investors can keep reading for an in-depth analysis of each of the best utility NFT projects.

1.Tamadoge PetsOverall best NFT with utility

2.Battle InfinityTop utility NFT project for gamers

3.Lucky BlockNFT project with lots of prizes

4.CryptoKitties – NFT collectible project on the Ethereum network

5.Silks – NFT sports game with utility collectibles.

6.Fitness Fiends – Play-to-earn NFT project with utility

7.Decentraland – Top real estate utility NFT project

8.Souls of Nature – Immersive Metaverse NFTs with best utility

9.Axie Infinity – Top NFT video game with utility tokens

10.SAND – NFT utility token for Sandbox 

Your money is at risk.

Best Utility NFTs To Invest in 2022 – Reviewed

Here is an in-depth look at our top 10 NFTs with best utility for investors looking for the best utility NFT projects to back in December 2022: 

Tamadoge Pets

Tamadoge is a top NFT game with play-to-earn (P2E) features that make it a strong investment opportunity for players. Tamadoge has a native crypto called TAMA that powers the Tamaverse (Tamadoge’s Metaverse). TAMA is the means of entry to the Tamaverse, and it allows users to develop or breed virtual Tamadoge pets and battle other players with them. 

Similarly, investors receive TAMA tokens as rewards when they nurture their Tamadoge pets and win battles. Each Tamadoge Pet is a fully mintable NFT that can increase in value as the pet wins battles and gains unique features. Tamadoge is our overall best NFT with utility because of its numerous use cases and inherent value. 

tamadoge home screen

Investors use the TAMA tokens to feed and grow their pets to increase the value of their NFTs. Furthermore, Tamadoge was recently listed on exchanges after completing its Beta presale. At the time of writing, the TAMA token is valued at $0.02322, with a 5.6% increase in the last 24 hours.

The Tamadoge pets also double as NFTs that investors can buy, sell, trade, and swap on NFT marketplaces like OpenSea and Binance NFT Marketplace. The development team has also announced further developments to see Tamaverse host a P2E arcade game and augmented reality app. 

The best part about the Tamadoge coin is that it is deflationary, with its total supply capped at 2 billion tokens. This means the coin will get more scarce and expensive with time, and early investors will profit more with TAMA as a long-term investment. 

Investors who missed out on Tamadoge during its presale can buy Tama tokens on a centralized exchange like OKX and the OKX decentralized exchange (OKX DEX).

Your money is at risk.

Battle Infinity

Battle Infinity is another notable mention among the top utility NFT projects for investors in 2022. The upcoming NFT game is easily the best NFT offering with utility because of its wide range of battle games for players and play-to-earn feature that helps investors make passive income.

The Battle Infinity metaverse allows users to connect, interact, and participate in battle games. Users can also watch ongoing games in the Battle Arena (Battle Infinity’s Metaverse). And all the digital items in the Battle Arena are valuable NFT assets that investors can buy, sell, or trade. 

Battle Infinity (IBAT)

Battle Infinity also has a native token, called IBAT, with different use cases. Investors must buy IBAT to enter the game’s battle arena and combat with other players for in-game rewards. The crypto also powers Battle Infinity’s built-in marketplace (the Battle Market), where users can mint and sell in-game NFT items and collectibles for real money. 

In addition, the platform provides investors with six different ways to earn passive income – from building up teams and winning competitions to monetizing land and staking IBAT tokens over a certain period of time. 

Investors with IBAT tokens in the Battle Infinity global staking pool get great rewards, including free IBAT tokens, for their investment. They can also exchange the in-game currency for fiat on the platform’s decentralized exchange, Battle Swap. 

IBAT has also ended its presale, and the token is now available on exchanges. At the time of writing, IBAT sells for $0.003409, with a 24-hour trading volume of $53,804.02. The coin is predicted to be as high as $0.06 by 2025, so investors may take advantage of its current low price. 

Your capital is at risk. 

LuckyBlock

LuckyBlock is another project that makes our list of NFTs with best utility this year. The decentralized blockchain lottery NFT project offers a transparent and secure way for investors to participate in gaming and make money from online gambling. 

The platform has an LBLOCK token that investors must use to enter draws, play games, and earn rewards. At the same time, investors can stake their LBLOCK tokens for prizes like a Lamborghini, a house worth $1 million, and $1 million worth of Bitcoin. 

Another exciting thing about investing in LuckyBlock is that its holders get daily rewards in the form of crypto. Before players draw their tickets, the platform returns 10% of every jackpot (winning) and distributes it to all LBLOCK holders according to the number of tokens in their wallets. So, even if users don’t win the major prizes, they will continue to earn daily rewards from Lucky Block as long as they have the platform’s NFTs in their wallets. 

When LBLOCK started trading in 2021, it surged more than 1,100% and recorded a massive bull run in early 2022. The token is currently valued at $0.000368. But if its price history is anything to go by, then LBLOCK may prove a worthy investment to investors. 

Your capital is at risk. 

CryptoKitties

CryptoKitties is one of the world’s first commercially successful NFT projects – and that’s why it makes our list of the top utility NFTs. The NFT collectible game is built on the Ethereum blockchain and features unique NFT cats called CryptoKitties. 

Cryptokitties homepage

Investors collect and breed these rare and adorable cats – which are some of the earliest Ethereum’s ERC-721 tokens – and can sell them for money. All the kittens in the game can be traded on its built-in marketplace or third-party NFT platforms like OpenSea. 

Each Crypto Kitty represents a mintable NFT that can be exchanged or held as an investment. The value of the NFTs increases with rarity, with the rarest Kitties selling for millions of dollars!

To invest in CrypotKitties, you will need to hold ETH in a crypto wallet. You can buy ETH from eToro.

 

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

Silks

Silks is another pick among our best utility NFT projects. The NFT game is the first-ever derivative P2E metaverse game that runs using a real-world thoroughbred horse racing concept. As such, investors who love real-world horse racing will enjoy Silks for its fun and value. 

The Silks ecosystem represents the horse racing industry, and a Silks horse is a derivative NFT connected to a real-life thoroughbred racehorse. Investors can back a horse of their choice using NFTs and get rewards from winnings. They can also earn rewards from breeding and grooming horses till they become racehorses. Silks

Rewards are paid in the platform’s native token, $SST, that users can use to purchase lands or horse farms on the platform. Investors can also sell their $SST tokens on exchanges or use them to buy items on popular NFT marketplaces. 

You will need to swap crypto tokens for Silks through a decentralized exchange. You can buy crypto easily from eToro.

 

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

Fitness Fiends

Investors who are interested in fitness or the fitness sector will love Fitness Fiends. The project is easily one of the best NFTs with utility because of its real-life connection to the fitness industry. The platform has 6000+ Fitness Fiends with real-life benefits, and NFT holders can buy, sell, and swap these assets. 

One of the perks of owning a Fitness Fiends NFT is that the NFT offers free membership to a London-based gym. However, the NFT holders who can’t train at the gym due to distance or other reasons enjoy discounts on Fitness Fiends store purchases. Members also get access to the project’s Metaverse events and fitness classes. Fitness Fiends homepage

Fitness Fiends plans to own more gyms in 2023, and with the potential to be more valuable, it’s one of the recommended utility NFTs to buy. 

 

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

Decentraland

Decentraland is one of the most popular NFT gaming projects around today. The top utility NFT project is a 3D virtual reality gaming platform that runs on the Ethereum blockchain and allows users to connect in the Metaverse. 

Typically, investors are represented by avatars and similar NFT objects in the simulated reality environment. But its real estate feature is why Decentraland is considered one of the NFTs with best utility. 

Mana Decentraland

Players can own virtual pieces of land that are unique and valuable. They can also make money from renting out the land, selling it, or using it for activities and events that users pay a fee to attend. The game also requires a utility token, called MANA, that investors can exchange for money or use for in-app purchases. 

 

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

Souls of Nature

Lovers of nature may be interested in Souls of Nature. The NFT project is one of the NFTs with best utility that investors can buy and invest in 2022. The game is the first social-impact NFT collection game to give back to nature. It combines social impact with the Metaverse for nature enthusiasts to collect and nurture unique animal NFTs and earn free crypto rewards. 

Souls of Nature homepage

 

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

Axie Infinity

Axie Infinity is another P2E game on our list of best utility NFT projects. The Metaverse NFT game has surpassed $1 billion in sales and is one of the top utility NFTs to buy in 2022. 

The game works by asking players to create and breed monsters (Axies) that they can use for battles and other tasks in the Axie Infinity Metaverse. Players can buy and sell Axies on any NFT marketplace or Axie Infinity’s in-game market. And the rarest breeds can make investors huge money.

axie infinity

The game has two cryptocurrencies: the Axie Infinity Token (AXS) and the Smooth Love Potion (SLP), that users can earn and then trade for real money. 

 

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

SAND

SAND is the utility token for The Sandbox, an NFT P2E game on the Ethereum network. SAND takes the final spot among our NFTs with best utility because of its exciting project and reward system that attracts investors. 

Sandbox homepage

The Sandbox is like an NFT-powered Minecraft or Roblox that people can play while building games and digital assets. On the Sandbox, investors can create assets that they can convert into NFTs and exchange for crypto on a digital exchange.

AS the game increases in popularity, the value of NFTs will also increase. To purchase Sandbox NFTs, you will need to hold SAND tokens which can be bought from exchanges such as eToro.

 

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

What Are Utility NFTs?

Utility NFTs are the kinds of NFTs with inherent value or real-world use cases. The best NFT with utility is one that connects people digitally, solves real-world problems, and has the potential to increase in value over time. 

An NFT’s utility determines its value, and the best utility NFTs to buy also offer rewards to investors. For example, Tamadoge is our best NFT with utility because of its various use cases, exciting project, and amazing rewards it provides investors. They can also exchange their TAMA tokens for fiat currencies on exchanges like OKX. 

 

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

Utility NFTs Use Cases

Common NFTs are digital artworks, but with the advancement of blockchain technology came NFT blockchain games that users can invest in to make passive income. The top utility NFTs are used in the e-gaming, real estate, and the arts and fashion industries.

They also have potential real-world applications, including identity storage and management, events planning and management, music, etc. 

From virtual fashion shows to Metaverse events and identity avatars, NFTs with best utility have limitless possibilities and real-life use cases.  

How To Create Utility For an NFT 

To create NFT utility, you need to identify the digital asset you want to make an NFT out of or add to the existing utility NFTs to buy. After deciding the NFT token you want to make more valuable, you should:

Make the NFT Redeemable 

Typically, the NFTs with best utility allow users to own and decide what they want to do with them. So, when minting an NFT, you can add utility to it by making it redeemable by a buyer. For example, if you’re a digital artist, you can ship the physical artwork to its NFT buyer. This will make it more valuable to them.

Connect the NFT With the Real World

Create NFTs with real-world ideas or NFs that can solve real-life problems. For example, you can offer buyers rewards for holding your NFT over a certain period. You can also develop NFTs with a transferable value that every holder gets as it changes hands.

Add the NFT to the Metaverse

The Metaverse is the future of Web3 and integrating an NFT in the Metaverse. Creating use cases for it in the virtual space can make your NFT one of the utility NFTs to buy today. For example, you can create NFT wearables that users can use within the Metaverse. 

What Is The Best Utility NFT To Buy Right Now?

According to many user reviews and online testimonies, the overall best utility NFT to buy right now is Tamdoge (Tamadoge Pets). Tamadoge NFTs offer investors great rewards and have the potential to increase in value over time because of the deflationary TAMA token, solid project, and multiple use cases.

How To Invest In Tamadoge

Investors can buy and invest in Tamadoge on OKX or OKX DEX by following this step-by-step guide:

Step 1: Sign Up to OKX (or OKX DEX)

Investors must first sign up and create an OKX account to trade and invest in top utility NFTs like Tamadoge on the platform. To complete the process, investors need to visit the OKX website or mobile app and tap on “Sign Up”. Users can sign up with an email address or phone number, create a new password, and click “Sign Up” to complete the registration process. 

okx signup

Step 2: Deposit Funds 

After creating an OKX account, the next step is to fund your account to be able to purchase Tamadoge or any of the top utility NFTs you want to invest in or buy. To deposit funds on OKX, log into your account and tap the “Assets” icon at the top of the home screen. Select “Deposit” from the dropdown menu.

okx deposit

OKX allows crypto deposits, including BTC, ETH, and stablecoins like USDT and USDC. Select your preferred payment method and generate a wallet address or QR code to pay into. The minimum Bitcoin deposit on OKX is 0.00005 BTC. 

Step 3: Search for TAMA Token

To buy TAMA, investors need to search for it on OKX using the “Discover” feature at the top of the screen. Click on “Markets” and search for “Tamadoge” or “TAMA” to initiate a purchase order. 

Step 4: Place an order 

Click on Tamadoge and tap “Trade Now” on the next screen. OKX has a TAMA/USDT pairing. Enter the amount of Tamadoge to be purchased and select “Market Buy” to complete the transaction. Note that the minimum Tamadoge purchase on OKX is 100 TAMA.

Buy TAMA on OKX

Your money is at risk.

Are Utility NFTs a Good Investment for 2022?

Utility NFTs provide investment opportunities and several benefits like value appreciation and passive income to investors. There are many top utility NFTs in this guide that investors can choose from in 2022. 

Tamadoge is our overall best NFT with utility. However, it’s up to investors to decide which of the best utility NFT projects to invest in. We recommend that investors research these top utility NFTs to make informed decisions. 

Note that, like every investment, even the best utility NFTs to buy are risky, and there are no guarantees that you’ll get returns on your investment (ROI). Remember to invest what you can afford to lose. 

Your money is at risk.

What Is The Future of Utility NFTs?

Utility NFTs will be important to the crypto and Web3 space because of their inherent and potential values to investors. Utility NFTs are more prevalent in the e-gaming space. But there are possibilities for the best utility NFT projects to dominate the real estate, arts and fashion, social events, and digital identity spaces. 

More institutional investors may enter the Metaverse to connect with people, showcase their numerous products, and allow users to buy and sell these digital products. Businesses can also use NFTs for adverts by offering bonuses and discounts to their customers. Sports teams can use NFTs to replace season tickets, and many other real-world sectors can look into NFTs and explore their numerous use cases. 

Best Utility NFTs To Invest in December 2022 – Conclusion 

In this guide, we’ve had an in-depth view of the top utility NFTs to buy in 2022. We’ve also touched on what utility NFTs are and how to create NFTs with best utility. 

Tamadage Pets remains our top pick of the best NFT with utility to invest in 2022. It’s proven a rewarding investment to early investors, and experts believe it has the potential to be more valuable over the coming years. 

You can purchase TAMA, LBLOCK, and many other best utility NFT projects on the OKX exchange. It has a simple interface that makes it easy for both beginner and seasoned investors to buy, sell, invest, and trade NFTs without hassles.

Your money is at risk

FAQs

What are the best upcoming utility NFTs?

We’ve highlighted some of the best upcoming utility NFT projects in this guide, including Tamadoge, Lucky Block, and Battle Infinity.

How to add utility to an NFT

You can add utility to NFTs by making them valuable to investors through real-life use cases and the ability to solve real-world problems.

What does it mean if an NFT has utility?

An NFT has utility when users consider it valuable. The best NFT with utility provides investors with benefits and specific use cases.

Where is the best place to buy utility NFTs?

Many exchanges have utility NFTs on their listings, but we recommend OKX as the best exchange to easily buy, sell, and exchange top utility NFTs.

About Maryam Jinadu
About Maryam Jinadu

Maryam Jinadu is a freelance crypto & fintech writer. After completing her pharmacy degree at the University of Lagos, Nigeria, in 2018, she began writing professionally in fintech. She has worked with top fintech/crypto companies such as Bit.com, Equalizer, Koinly, Olymp Trade, Salesgnomics, Scribbr, and Swapzone. She currently freelances on Upwork and writes weekly reviews at 18digits.com. Maryam lives in Manchester, United Kingdom and can be found on LinkedIn @Maryam Jinadu.

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