Ready to jump onto the NFT bandwagon? Here are the best NFTs that are worth watching in May.
The Non-Fungible Token (NFT) sector is growing at a rapid pace. Hundreds of projects are being created every day, and some of them enjoy monumental success in the market. Several NFTs have garnered the attention of investors due to their quality, uniqueness, communities, originality, art, and vision. To make matters easier for any budding NFT investor, we have shortlisted the top NFT tokens worth watching in May.
Top NFT Tokens In May 2022
Azuki, the world’s best-selling NFT, could be one of the top NFTs tokens to watch now.
Anime NFTs like Azuki have taken the NFT world by storm. It is a digital brand associated with its collection of 10,000 avatars released by a Los Angeles-based group of artists. Azuki has caught the attention of NFT enthusiasts across the globe with its unique avatars that have characteristics based on anime-themed drawing.
Azuki gives its holders exquisite membership access to 'The Garden,' a corner of the internet where artists, builders, and Web 3.0 enthusiasts can gather and discuss the new decentralized future. Rather than their anime-style aesthetic, Azuki NFT outranked some of the biggest names in the NFT market in terms of sales volume shortly after their release. Nevertheless, Azuki tops the list of the NFT tokens to watch as the team has created and nurtured an expressive brand for the metaverse.
Moonbird is a unique and innovative NFT project that has marked its position in the list of the top NFT tokens.
Moonbirds are officially called “more than just an avatar.” According to its website, it is a collection of 10,000 utility-enabled PFPs that feature a diverse and unique pool of rarity-powered traits. In addition, every Moonbird holder has access to a private member Discord and unlocks additional benefits, including access to future drops and entrance to a planned metaverse from Proof.
The NFT collection garnered huge popularity mainly because of the people behind it. The Proof Collective is a group of 1,000 NFT collectors that includes well-known NFT figures, including artist Mike Winkelmann, known as Beeple, and investor Gary Vaynerchuk.
Yet another unique feature of Moonbirds is nesting. It is similar to staking in crypto, where holders who nest their Moonbird take part in it and gain benefits the longer the NFT is nested. But unlike traditional staking, Moonbirds will not leave the holder’s wallet.
3. Bored Ape Yacht Club (BAYC)
A combination of NFT technology, eye-catching art, and some hype have made BAYC one of the top NFT tokens worth buying.
An NFT token that has reached the epitome of popularity in 2021 is the Bored Ape Yacht Club. Countless celebrities bought an NFT from the Bored Ape Yacht Club, including late-night talk show host Jimmy Fallon, tennis star Serena Williams, and pop star Justin Bieber.
The project features cartoon apes with different attributes and rarities. Moreover, another factor that adds BAYC to the list of the top NFTs tokens to watch in May is the release of ApeCoin, a cryptocurrency that was airdropped for free to all holders of a Bored Ape NFT. As a result, members of the BAYC NFT collection are eligible to claim ApeCoin, the native cryptocurrency of the BAYC ecosystem. This has brought renewed attention to NFTs.
What gives the Bored Apes their underlying value is the blockchain technology on which they are built. Moreover, the NFT project is also partnering with established brands like Adidas, and also an ape from the Club was featured on the cover of Rolling Stone magazine last year.
4. World Of Women (WoW)
World of Women has seen a fiery rise to the top of the NFT charts, making it one of the best NFTs worth watching.
World of Women NFT is a unique collection that has stepped into the spotlight in the decentralized finance (DeFi) space. As the name resonates, it is designed by a female artist with a female-centric focus and is built on the Ethereum blockchain. The purported goal of the project is to promote diversity and inclusion in the cryptocurrency space.
World of Women is thus a community created to embrace representation, diversity, and equal opportunities for everyone in the world of NFTs. Each NFT in the WoW ecosystem is a unique piece of art designed to represent an individual woman. Users purchase a piece of digital artwork while buying a World of Women NFT.
Meebits is another top NFT token that has garnered the attention of several NFT enthusiasts.
Meebits are 3-dimensional characters that can be used in open-world blockchain applications. The tokens are designed to be used in the metaverse. Meebits is a collection of 20,000 unique 3D voxel characters on the Ethereum blockchain, created using a custom generative algorithm. The Meebits NFT can be used as avatars on metaverse platforms such as Decentraland and the Sandbox.
A unique characteristic of the NFT collection is the ERC-721 smart contract. It is an NFT contract that can work with any supported exchange or service. Additionally, the Meebits NFT contract includes a custom marketplace for supporting like-kind trading.
The NFT craze is fast-growing, and several celebrities like Jimmy Fallon, Jay-Z, and Justin Bieber have bought NFTs and shown them off on their Twitter profiles, pushing the demand for limited-edition tokenized art. But just like investing in cryptocurrencies, it is important to do your own research before investing in any non-fungible tokens. In addition, NFT projects can be hard to value, and a few of them are illiquid, causing a hard time selling your collectible in the future. Therefore, considering their utilities and growth potential, these are the top NFTs tokens worth watching in May 2022.