A detailed look at the largest collections of non-mutually exchangeable digital assets by capitalization.
According to Google Trends, non-exchangeable Tokens (NFTs) reached their peak global popularity in January 2022. Singapore and China are showing the most interest in NFTs. According to MarketsandMarkets analysts, the global market for non-interchangeable tokens could grow from $3 billion in 2022 to $13.6 billion by 2027 (more than 350%). NFT’s popularity is influenced by many factors, such as celebrity attention, the gaming industry revolution, and the slow but steady growth in demand for digital artwork. The value of individual Tokens is already reaching several million dollars.
KnownOrigin is an NFT trading platform based on Ethereum Blockchain. The marketplace was founded in 2018 and belongs to the Gemini Cryptocurrency exchange. The platform has its own cryptocurrency KnownOriginDigitalAsset (KODA) of the ERC-721 standard, which can be used to confirm the authorship of the work. KnownOrigin allows photographers, artists and designers to tokenize their work as NFT assets.
The platform supports MetaMask, WalletConnect, Portis and Fortmatic digital wallets to connect the account to a Web 3.0 compatible browser. The sale includes a 15% fee on the total transaction amount and an additional 2.5% fee for all subsequent resales on the KnownOrigin trading platform. According to CryptoRank, the marketplace has a market capitalization of $333,500 (167,395 ETH).
Azuki is a digital brand with a collection of 10,000 NFT anime-style avatars. The collection was produced by artists from Los Angeles.
The project is based on the Ethereum Blockchain. Crypto startup Churi Labs owns the rights to the brand. Azuki’s founder is known under the pseudonym ZAGABOND on Twitter. The project team prefers to remain anonymous.
Azuki’s collection debuted on Jan. 12, 2022 with an initial release of 8,700 avatars priced at $3400 each. The NFTs sold out in minutes and brought in about $30 million for the project. After the public sale, the creators held a private auction in which they sold Azuki NFT sets for another $2 million. As of May 19, the cheapest NFT from Azuki’s collection costs $114.75 on the OpenSea Marketplace (according to Binance).
In 2011, The Sandbox was created as a mobile game, and a PC version was added in 2015. In 2018, The Sandbox was bought by Animoca Brands and started working on a Blockchain version. As of 2022, it is a virtual world powered by Ethereum. The platform has a native SAND Token.
The game allows the purchase of virtual land in the form of NFT (LAND). Users can use LAND to develop their own games as well as monetize them. LANDs are virtual land plots, of which there are 166,464. They can be bought and sold on marketplaces. As of May 19, the cheapest land is $3,121 on OpenSea and the most expensive is $2 billion.
In May, the Virtual Asset Regulatory Authority of Dubai (VARA) announced its entry into The Sandbox meta-universe with the creation of a virtual world headquarters. In March, HSBC, a British bank, bought the land in the meta-universe. In April, the Hong Kong branch of Standard Chartered Bank became a partner of the platform.
Moonbirds is an NFT collection of 10,000 Ethereum-based owl avatars. Moonbirds was launched April 16 by Proof, a media startup founded by venture capitalist Kevin Rose. The owners of Moonbirds have intellectual property rights. They also have access to a private community called the PROOF Collective.
At first, the owls were selling for 2.5 ETH ($4900), but the value of NFTs soon began to rise. Today, the cheapest NFT in the Moonbirds collection costs $52,919 and the most expensive is $989,018.
NFT #2642, one of the rarest Tokens in the Moonbirds collection, was sold for a record 350 ETH (over $1 million at the time of purchase) on NFT-marketplace OpenSea. The token was purchased by The Sandbox platform.
CloneX is an NFT collection of 20,000 algorithmically generated 3D characters running on the Ethereum Blockchain. The project is backed by RTFKT, a digital studio known for its NFT crosses. The company uses game engines, world-class design and augmented reality to create unique digital Tokens. Nike acquired RTFKT Studios in December 2021 to develop its meta-universe. Japanese artist Takashi Murakami is also involved in CloneX.
The cheapest NFT in the CloneX collection costs $21,227 and the most expensive is $166,311.
On April 22, Nike released digital NFT sneakers in collaboration with RTFKT based on Ethereum. RTFKT x Nike Dunk Genesis CryptoKicks are digital shoes that can have a style change. The first crypto sneakers were issued to NFT RTFKT holders.
Town Star is an Ethereum Blockchain-based “play to earn” P2E application. It is co-founded by Zynga and Gala Games. Players are given the opportunity to build their own city and produce resources with which they can earn a native TOWN project token. Town Star has another Token, the GALA Token. Player-owned NFTs can be bought and sold on secondary markets. Town Star NFTs allow you to control the gameplay. Players can create their own NFTs and earn TOWN and GALA coins and participate in weekly tournaments.
The cheapest in-game NFT can be purchased for $8 and the most expensive for $138,720.
The Mutant Ape Yacht Club (MAYC) is a collection of 20,000 NFT that was released by the Bored Ape Yacht Club (BAYC). The rights to the MAYC collection were later purchased by Yuga Labs. NFT Mutant Ape can be created by exposing a bored monkey to mutant serum. There are three types of injections: M1, M2, and M3 (Megamutant). Mutant monkeys created with M1 and M2 sera retain their original traits, while monkeys with M3 may gain rare qualities.
Basketball player Stephen Curry owns one of the NFT Mutant Ape Yacht Club, which he bought in 2021 for $180,000. The minimum price for the NFT MAYC is $35,677 and the maximum is nearly $50 million.
CryptoPunks is one of the first NFT collections on the Ethereum blockchain. It was launched in June 2017 by Larva Labs and acquired by Yuga Labs in 2022. The collection consists of 10,000 NFTs in the form of 24×24 pixel images of people. However, there are unique tokens with zombies, monkeys and aliens. Each CryptoPunk has unique features such as hats, pipes, necklaces, earrings, eye patches, etc. One CryptoPunk can have seven distinctive features.
The minimum price for one NFT in the CryptoPunks collection is $77,266 and the maximum is $234,792.
Yuga Labs has launched a metaworld called Otherside. APE is a native virtual world token. The Otherside project is an MMORPG (multiplayer online role-playing game) associated with the BAYC ecosystem. Otherdeeds are dynamic gaming NFTs. Each Otherdeed contains a specific set of resources. Users will be able to collect these resources and use them in the game.
Otherdeeds were launched publicly on May 1, 2022 as a collection of 55,000 land parcels. The NFT was originally planned to be sold using the Dutch auction model. However, Yuga Labs declined to do so. A Dutch auction involves bidding where the bid is reduced from the maximum bid until there is a bid from bidders. Instead of auctioning NFT Otherdeed were offered for sale at a fixed price of 305 ApeCoin (APE).
Prices for Otherdeed start at $6202 per Token.
The Bored Ape Yacht Club (BAYC) is one of the most expensive NFT collections created by Yuga Labs. The BAYC collection consists of 10,000 unique NFTs, algorithmically generated from more than 172 possible traits that determine the rarity of each ape. BAYC is based on the Ethereum Blockchain in the form of ERC-721 tokens.
The BAYC collection offers exclusive access to Yacht Club, a members-only merchandise store and an exclusive Discord server. In addition, BAYC owners have access to additional NFTs such as the Bored Ape Kennel Club. BAYC can be used as an avatar on social media. The most famous BAYC owners have been Eminem, Shaquille O’Neal and Justin Bieber.
The minimum price per token as of May 19 is $172,434 (87 ETH).