Non-fungible tokens or NFTs are undeniably among the most talked about subjects in the blockchain world. Their popularity has permeated the world of investors that a lot of people, including celebrities, have started putting their money on them.
The trade is fast, and income is lucrative in the NFT world. This is why savvy investors are always keeping an eye on projects with the potential to become big and valuable. Being at the forefront of the business obviously offers a lot of advantages. For one, you get first dibs on an NFT asset at its lowest price. Second, you have the position to resell it with a higher price tag, especially if the demand for it is high.
If you’re keen on investing in new projects, you’re reading the right article. Here are 10 upcoming NFT projects you need to check out in 2023.
Read more: Another Blockchain Wonder: How to Buy, Create, and Sell Your Own NFT
10 Upcoming NFT Projects in 2023
Battle Infinity
If you’re the kind of NFT investor who’s into play-to-earn (P2E) games, Battle Infinity may make you squeal in delight. This is because this platform hosts multiple battle games that are integrated into a metaverse called the “Battle Arena.” In the said metaverse, players don’t only play games. They can also interact with other players and explore the Battle Arena world together.
Battle Infinity has six unique platforms:
- Battle Swap – In this decentralized exchange, new users can directly buy IBAT tokens, the metaverse’s native token running on the Binance Smart Chain network. They can also convert their rewards to another currency here.
- Battle Market – Your tokenized assets in the Battle Infinity metaverse can be traded on this platform.
- Battle Games – This is a multiplayer game store where players can access different NFT-based games to enjoy and make money from.
- Battle Arena – On this platform, Battle Arena players have their own avatars that they can dress up and accessorize.
- Battle Staking – Players can lock their tokens on this platform if they want to receive rewards and extra benefits.
- IBAT Premier – Battle Infinity claims that this is the world’s first decentralized blockchain NFT-based fantasy sports game integrated into the metaverse. You can build your own strategic sports team and battle with other groups around the world and earn with every win.
Real Estate Investment Club
Love Grand Theft Auto or GTA? If yes, the Real Estate Investment Club or REIC may tickle your fancy. After all, this metaverse’s artwork, graphics, and video animation are designed by the same group of people who worked on GTA.
One of the upcoming NFT projects this year, the REIC runs on the Ethereum blockchain. Once you have an REIC avatar, you gain access to the metaverse called REIC MetaHQ. This avatar is fully customizable, meaning you can breathe individuality and your own taste into it.
One interesting utility of the REIC is education, which aims to give people valuable information on the blockchain, crypto, NFTs, and even real estate. The REIC’s entertainment side allows participants to socialize and form a community via the web 3.0 platforms.
In short, the REIC will serve as the center for people who want to network with like-minded individuals in the areas of business, investment, and education.
VeeFriends
Digital media mogul Gary Vaynerchuk has come up with a platform that will make NFTs accessible and easy to understand for newbies. Enter VeeFriends.
VeeFriends is simply Vaynerchuk’s NFT collection that he created to materialize his dream of building a community around his creative and business pursuits.[1] The NFTs are actually characters drawn by Vaynerchuk himself, which are then minted on the Ethereum blockchain. Each character is supposed to represent the positive human traits that Vaynerchuck admires and believes will lead to happiness and success.
Owning a VeeFriends NFT gives you a three-year pass to VeeCon, which is a multi-day event with a special focus on business, marketing, and innovation where you can interact with Vaynerchuk.
You can earn money here by reselling your VeeFriends NFTs on marketplaces such as OpenSea and Rarible.
Decentraland
Decentraland may not be one of those upcoming NFT projects this year, but it’s actually an underrated undertaking, which somehow makes it new to the eyes of NFT novices.
Running on the Ethereum blockchain, Decentraland is a metaverse that allows you to build your own avatars and buy plots of virtual lands. It’s designed as a decentralized autonomous organization (DAO), which means that everyone in the metaverse shapes the destiny and future of the project.
Everything in Decentraland is an NFT, from the clothes that your character wears to the house it lives in. And if you’re an enterprising individual, you’ll certainly find a lot of ways to make money.
If you’re an artist or a highly creative person, Decentraland will be your blank canvas. This is because the metaverse gives you the freedom to create scenes and artworks using its simple builder tools. You can even join creator-centric events to win prizes.
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Silks
You may not be able to own real-life thoroughbred horses. But with Silks, you can have these majestic creatures to your name—at least virtually!
Silks is a fantasy horse racing game. In its metaverse, you can buy, trade, breed, and race your own virtual thoroughbred horses. The Silk horses, which are actually NFTs, represent thoroughbred racehorses in the real world. You’ll also have the opportunity to develop lands and build horse farms, which are also NFTs.
As one of the upcoming NFT projects in 2023, Silks currently has 10,000 Genesis Avatars that will represent players’ unique identities in the metaverse. If you mint a Silks Genesis Avatar, you may be eligible to claim a one-acre land in one region of the Silks metaverse.
Pixelmon
Love Pokémon? You’ll definitely love Pixelmon! This new NFT project allows you to collect creatures that are very much like Pokémon—except that they’re pixelated. You can train and battle them with other Pixelmons to win prizes. And because Pixelmons are highly collectible, you can trade or sell them to earn money.
Pixelmon has released Generation 1 Pixelmons, which are playable genesis collectibles. These are rare and cannot be caught in the game. If you own a Genesis Pixelmon, you'll also gain exclusive access to an airdrop of Pixelmon land, which is available in a variety of combinations, from tents to mansions, shops, and even castles.
You can even use this real estate to start a business. For instance, you can build a shop to sell items to other Pixelmon trainers and collectors.
Tamadoge Pet
If you’re both a dog lover and an NFT collector, you may find Tamadoge Pets interesting. This new NFT project is a play-to-earn game where you’ll breed and raise Tamadoge pets, which are mintable and tradable NFT creatures bought using the Tamadoge token.
As you feed your Tamadoge pet, it’ll grow and become strong. You can use it to battle other players’ pets and dominate the Tamadoge leaderboard. If you’re an early adopter betting on the value of this NFT, know that there’s no limit to how many Tamadoge pets you can buy.
World of Women
Often, the crypto and NFT world has this reputation of being a boys’ table, hence the term “crypto bros.” But that shouldn’t be the case. If you want to support women taking up space in the NFT world, the platform World of Women (WoW) is one project you need to keep an eye out on.
WoW has a collection of 10,000 digital artworks representing women. These artworks are actually NFTs that you can collect. When you own a WoW NFT, you’re actually owning all of the artwork’s Intellectual Property, which means you can use it in a variety of ways and even resell it.
WoW may appeal to you if you support women's advocacies. This is because the platform works with different organizations, such as Too Young to Wed, which fights the practice of child marriage, and She’s the First, which funds and supports local solutions to educate and empower girls across the world.[2]
Awesome Possums
Mental Health and NFT aren’t exactly the two words that you’ll see together in one sentence. But a new NFT project called Awesome Possums says otherwise.
The Awesome Possum claims that it’s the first NFT project built to empower mental health awareness and addiction recovery. It has a total supply of 12,000 NFT collectibles. Owning an Awesome Possum NFT gives you a chance to reap rewards, win big in crypto lotteries, keep more NFTs, be rewarded with a vacation, and get tickets to live events.
Once the project’s target public sales have been met, Awesome Possums plans to launch a charity focusing on addiction recovery, develop a VR game and animated series called Awesome Possums: The Road, and create a podcast to give fully recovered addicts a platform to share their stories, among others.
Memeland
If you love memes or anything funny, you’ve got to check out what Memeland has to offer. Created by 9GAG, Memeland offers an Ethereum-based collection of NFTs called Captains, which are actually utility-enabled profile pictures (PFPs). Each Captain unlocks a token called $MEME, private club membership, events, and upcoming NFT projects from 9GAG and Memeland.[3]
Important details, including the reveal of the minted NFTs, are still under wraps. But if you’re enthusiastic about getting your hand on a Captain, know that Memeland will be distributing spots for its so-called Memelist or mint allowlist. The platform has also reserved Memelist spots for long-time 9GAG fans.
Memeland NFTs owners will have full commercial art rights over their purchase.
How to Find Upcoming NFT Projects
Being an NFT investor requires you to be always on the lookout for the latest drops. Thankfully, there are some ways to explore new and upcoming NFT projects.
Check Out Popular NFT Marketplaces
The first place you may want to visit is an NFT trading platform, such as Rarible, OpenSea, SuperRare, and Foundation. Such channels usually have “Trending” or “Latest Drops” pages. You may also want to subscribe to their newsletter to be informed of the most recent projects.
Keep Tabs on NFT Calendar Websites
You’ll find various websites whose main purpose is to plot the release of NFT projects in the calendar. A few examples are NFT Calendar.io, NFT Drops Calendar, and Nifty Drops app. You can visit them to find exciting NFT drops early.
Scour Different Social Media Platforms
Social media is another great place to look for the newest NFT projects. You can follow artists who create NFTs or influencers who lead the same blockchain-based projects. Some celebrities are serving as NFT evangelists, so you may want to be part of their list of followers. This could be a good move, as the word of a celebrity can immediately affect the value of an NFT project. In this regard, the likes of Twitter and Instagram may lead you to an interesting drop.
Keep in mind that NFTs sometimes encourage people to build communities around them. The bigger its community, the more potential it has. As such, it would be wise to visit platforms like Discord. NFT creators and metaverse builders usually release crucial information about their projects here.
Look at the Performance of the Artist or Creator
Another barometer of an NFT’s success is its performance in the past. There’s a chance that an artist or creator may replicate their previous success in the future. Nevertheless, always take into account that several factors come into play here: the aesthetics of the work, the utility of the project, marketing, and the buzz it generates in various crypto and NFT circles. Tread carefully.
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Final Thoughts
Investing in an NFT asset, whether it’s from a game or a metaverse, relies heavily on intuition, knowing that its value is based on speculation. With that in mind, you must follow trends and hone your eyes to spot projects that have the potential to make it big. More than that, know what you’re getting into to avoid major losses in the long run. Invest only what you’re willing to lose.
Sources:
- [1] About VeeFriends
- [2] World of Women website
- [3] Memeland homepage
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You should be aware that the value of virtual currencies (VCs) including cryptocurrencies may fluctuate greatly. As with any other type of investment, you should know and fully understand VCs before investing in such a product. You should only buy if you are prepared to accept the risk of losing all of the money you put into VCs.
Before acting on information on this blog, we suggest consulting an independent professional to advise you on the risks of any decision and the extent of any exposure to loss.
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