7 Best NFT Projects to Watch in March 2022

The NFT sector has exploded in 2021, bringing attention to digital games, artworks, and the potential for owning and using digital lands. There are all kinds of projects that offer great investment opportunities, or you can simply buy NFTs related to digital or physical artworks if you want to increase your collection with some of the latest and greatest artworks. more innovative.

Regardless of what appeals to you, NFTs have probably got it covered by this point, and the good news is that new projects are constantly emerging and capturing the attention of the entire crypto industry. That said, here are our top 7 picks for NFTs to watch in March 2022.

1. Decentralization

First on our list is Decentraland, which is a metaverse project that relies heavily on non-fungible tokens. Decentraland offers a virtual world made up of individual plots of land – land that you can buy and own simply by purchasing a related NFT. Each plot of land offers the opportunity to do various things with it, including running a business, developing games and software, or even hosting virtual events, meetups, and more.

Decentraland offers many opportunities, especially since it is one of the first such projects ever developed. The project has existed for several years, but it appeared too early to attract immediate attention. However, with the rise of NFTs in early 2021 and then the Metaverse in the last two months of last year, Decentraland quickly became one of the early players in the Metaverse/NFT space.

It’s already used by major entities, including the Australian Open – a popular tennis tournament that took place in January 2022, which used Decentraland’s metaverse to host digital events for tennis fans around the world. who were unable to attend due to COVID Restrictions.

To learn more about this token, see our Investing in Decentraland guide.

2. Doodles

Doodles is a rather colorful and fun NFT project that features a collection of 10,000 generative NFTs created by artists Evan Keast (Tulip), Scott Martin (Burnt Toast), and Jordan Castro (Poopie). Keast and Castro have been part of the NFT community for a long time, even before they co-founded Doodles. In fact, they were among the developers and artists who helped launch CryptoKitties in 2017 – the oldest and probably best-known NFT project in crypto history.

Their new project, however, features original artwork created by Martin, who created hundreds of unique visual traits for the collection. Facing great demand, the project eventually followed the same path as many other NFT collections, using the unique strokes to create new works of art by randomly mixing and matching them.

The Doodles ecosystem is home to humans, monkeys, pickles, cats, skeletons, sentient flames, sentient ice creams, aliens, and more, offering a rather diverse and interesting collection of art. Different NFTs are more or less rare, and the rarity is defined by their characteristics. The project does not have an official catalog of common/rare traits or artwork, but there are unofficial rankings that collectors can use to find out the value of each individual piece.

3. Bored Ape Yacht Club

In third place we have the Bored Ape Yacht Club (BAYC), which is another NFT collection showcasing art. The collection was launched by a company called Yuga Labs about a year ago, in the spring of 2021. Each NFT corresponds to a cartoon monkey, with each monkey uniquely personalized. Different NFTs feature different models, color schemes, outfits, facial expressions, and more.

As with our previous entry, BAYC also offers 10,000 individual NFTs, each unique. The project was launched on the Ethereum blockchain, and owning the NFTs grants users access to Yacht Club member benefits.

The collection quickly became popular, not only because of the interesting artwork, but also because of the timing of the launch. It came out just as the NFT sector was booming alongside crypto prices, and it attracted investors and collectors from around the world.

4.MekaVerse

Then we have MekaVerse, another very popular non-fungible token collection that runs on Ethereum. This one features robot-style artwork called Mekas, with a collection consisting of 8,888 NFTs in total. The project has become quite large, attracting fans from all over the world.

The collection is based on the legendary Japanese mecha anime series called Mobile Suit Gundam, and it features 3D rendered images that were built from a set of previously designed features. There is no attribute overlap, which means that none of the photos are identical and cannot be compared in any way.

MekaVerse became one of the most successful collectibles, and within the first 24 hours of its release, it managed to collect over $60 million in sales.

5. Axie Infinity

In fifth place we have Axie Infinity. Another metaverse project, Axie is a blockchain-based game inspired by the Pokemon game series. It features a vast world that players can explore and use for monster battles. Like Pokemon, the project allows users to travel and challenge other players to battle. They use the monsters they bought, and if they win the battle, they earn the project’s native cryptocurrency as a reward.

Each monster comes in the form of NFTs, and players can simply buy them from the project or other users, or they can breed monsters they already own and create new ones. All monsters can be upgraded with more than 500 different body parts belonging to different types of creatures, and by doing so, players can strengthen their monsters and prepare them for battles on different types of terrain.

Alternatively, players can simply upgrade their monsters and sell them for a higher price to other players by offering the NFTs the monsters are tied to. Some may even choose to breed monsters to create new ones and sell these new monsters to budding players. There are many ways to win with Axie Infinity, and the better you understand the game, the more rewarding it will be.

To learn more about this token, see our Investing in Axie Infinity guide.

6. Ertha

Towards the end of the list we have another metaverse game called Ertha. Ertha is not like our previous entry, and it differs in many ways. While it still uses NFTs, it’s more like Decentraland, in that it offers players to purchase digital plots of land. These plots of land are called HEX, and there are 350,000 of them, in total, in a digital world that is an exact replica of our own planet, including continents, oceans, and countries as they exist today. today.

By purchasing HEX, players become part of a larger community and assume their role in that community. They can be state officials who will rule countries, or warriors who will defend them and invade others. They can be businessmen who will lead companies or academics who will contribute to society by discovering new knowledge.

In other words, the game is as much an RPG as it is a strategy, and depending on your role in society, you’ll have to learn to think a certain way and take into account all sorts of different factors, such as economy, military, infrastructure, etc. Ertha is an incredibly complex game, but also extremely fun for those who enjoy navigating social waters, so we expect to hear a lot more about this project in the coming months.

To learn more about this token, see our Investing in Ertha guide.

7. CryptoPunks

Last, but not least, we have CryptoPanks. It is one of the most successful NFT projects, also including a set of 10,000 digital characters to collect. Like other similar projects on this list, it is based on Ethereum, and it was among the first NFT projects to emerge, years before the explosion of the NFT industry. It also served as inspiration for many other similar collections.

The collection was created by Matt Hall and John Watkinson, who founded Larva Labs in 2017. It started as a way to use the Ethereum blockchain to create digital collectibles with provable ownership. It actually emerged as a solution to the problem of proving ownership of digital art, as this was rather difficult to do before NFTs were popular.

Each CryptoPunk artwork represents a unique, pixelated set of attributes that differentiates that specific piece from others. Everything, including pipes, hats, different hair colors, masks, etc., were assigned to each NFT completely randomly, through the use of a generator.

Some punks can be quite rare, such as aliens, and these have a higher price, but can also be sold for a higher price. Overall, the project is not only the first of its kind, but also still very popular today, which makes it worthy of the attention of collectors.

Conclusion

With the explosion of the NFT industry, there are countless opportunities to purchase different digital artworks, digital plots of land, game characters and items, and more. The NFT sector is the sector of opportunities, and the 7 projects presented above are just a few that are well worth the attention and potential investment of investors. Ultimately, it’s all up to you as an investor and collector, but if you need some help getting started, the list of NFT projects above is certainly diverse enough to offer something for everyone.

Floyd N. Morlan