Check out our picks for the best NFT projects in 2022.
Several exciting crypto projects have garnered the attention of investors across the globe and generated immense returns. For example, The Bored Ape Yacht Club (BAYC) proved to be one of the hottest non-fungible token (NFT) collections in 2021, which then gave rise to the highly valued token, Apecoin.
Now, investors need to find the “next Apecoin to invest in” or at least narrow down the top 5 NFTs to secure a future with high returns. Keep reading to find out more.
Axie Infinity (AXS)
Our bet for the next Apecoin to invest in is Axie Infinity. It is a digital pet universe and player-owned economy consisting of a breeding game, a battle game, and a land-based Clash of Clans-style game. The game’s consistent, unifying thread is the Axie, an NFT character that is used across games and can be traded on secondary marketplaces.
Players earn SLP tokens by winning battles in the Axie Infinity game, and they use a combination of SLP and the AXS governance token for breeding new Axies. Thanks to the team’s persistence, hard work, innovation, and unwavering commitment to their mission, Axie Infinity is now one of the top NFTs and could be the next Apecoin in the market.
The team has announced plans to move toward an upgraded version of this game. This new and improved version includes all the usual suspects, along with gameplay improvements and the addition of a free-play entry to the game. This amounts to potentially hundreds of dollars of savings for users, given the entry fees for building a team and starting playing.
One of the top 5 NFT projects in the market is Enjin (ENJ). It is a decentralized ecosystem built to streamline the integration of enterprise blockchain technology. The network is referred to as a PaaS (Platform-as-a-Service) by developers due to its structure and features.
Notably, Enjin enables businesses to leverage blockchain infrastructure without writing any blockchain-related code. By eliminating such technical barriers, the network enables anyone to trade using blockchain-based strategies.
Currently, the platform specializes in helping developers and studios to utilize tokenized digital assets in their titles. These protocols improve the UX and help cultivate acquisition, retention, engagement, and monetization strategies for developers.
What gives Enjin the potential to be the next Apecoin is its definite social aspect. For example, users can organize clans for their favourite titles utilizing the Enjin Network. At the moment, the platform supports hundreds of thousands of communities globally. The network has expanded to include 40+ gaming firms today. In this way, Enjin connects the growing ecosystem of creators, buyers, and sellers via pioneering decentralized initiatives. These factors make ENJ one of the top NFT projects and could be the next Apecoin.
Immutable X (IMX)
Another leading NFT project that can be the next Apecoin is Immutable X (IMX). The project provides the DeFi market with a second-layer solution for NFTs to simplify the technology and improve their adoption. Notably, Immutable is the development team behind the popular NFTs Gods Unchained and Guild of Guardians.
The IMX network has already reached some notable milestones as it has completed over $50 million in trading volume since its launch. The innovative team behind the project consists of over 100 members from varying tech backgrounds, which indicates its potential to rise to the level of Apecoin.
The protocol has made a commitment to help create a decentralized green ecosystem. Specifically, the developers have pledged to offset any carbon footprint with certified climate-conscious partners, Trace and Cool Effect. The final goal of the project is to become the first 100% carbon neutral NFT chain, making it one of the top 5 NFTs and the next potential APE coin.
The Sandbox (SAND)
We can’t talk about the “next Apecoin project” and not mention The Sandbox (SAND). This is a blockchain-based virtual gaming ecosystem that enables anyone to create, trade, and monetize digital property. The project combines the popularity of NFTs with a programmable landscape to create a more immersive gaming experience for users.
Notably, The Sandbox has three main product offerings: VoxEdit, a marketplace, and a game maker. The VoxEdit software allows users to create their own non-fungible tokens or digital ownership rights to art, videos, and collectibles and import them into the game. They can then sell these assets on the marketplace. Additionally, the game maker software allows users to create mini-games using the 3D voxel art created by the community. These games can be shared, and they are free to make. This level of integration between user-generated content, gaming, and a vibrant economy makes it one of the top 5 NFTs.
Decentraland (LAND) is one of the hottest games (and tokens). The platform uses NFTs, unique and easily tradable digital assets stored on the blockchain. For example, there are 90,000 plots of land, each represented by an NFT.
This has been a major selling point of Decentraland because you can become a virtual real-estate mogul by buying cheap land NFTs and selling them for profit. Users can even drive the value of their land up by adding improvements like artwork or fun activities.
As interest in the metaverse's future is sky-high, there is no doubt that Decentraland is one of the top 5 NFT projects and the next APE coin.
If you have missed out on the Apecoin magic, investing in any of these top 5 NFT projects (that could be the next Apecoin) could win you the same level of ROI.