Following their amazing success in 2021, it appears unlikely that the popularity of Non-fungible tokens (NFTs) will wane in the future. As a result, we’ve compiled a list of 21+ best NFT Ideas & Examples to support you in starting an NFT business today.
As we all know, NFTs are artworks created on the Blockchain technology, with unique encryption codes that can be validated for ownership and authenticity. NFT art can range from digital art to a song or album.
One thing is certain: NFTs are here to stay. As a result, we’ll do our best to cover everything in order to provide you with as much information as possible to help you on your NFT journey.
This article will look at some NFT concepts and real-life examples to help you get started on your NFT journey. Some of the examples are interesting, while others are insane. Consider the following:
Why is everyone discuss about NFT Ideas?
The year 2021 has been fruitful for NFTs. The best NFT tokens were able to capture everyone’s attention in the business and customer community globally, with record-breaking sales and continuous print and electronic media coverage.
It is still growing and shows no signs of slowing down. In 2021, the transaction volume of OpenSea was $14 billion, which is 646 times the sales volume of $21.7 million in 2020. (Source). Furthermore, the use of NFTs in industries such as marketing, real estate, finance, and government is quite obvious.
Have you ever wondered what The New York Times, the NBA, Gucci, Paris Hilton, and Visa have in common? The NFTs are to blame.
So it is clear that ignoring NFTs in today’s dynamic scenario is no longer an option.
Having said that, it is now time to get right into the meat of this blog. Here is the complete list of the best crazy, cool, innovative, and funny unique NFT ideas.
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What basically are NFT?
NFT is a shortened form for non-fungible tokens. What does this imply? It means that these assets are unique. A one-dollar bill is the same as the next. And one Bitcoin is identical to another and has the same value.
However, NFTs are distinct. They are stored on a blockchain and thus cannot be changed or duplicated. NFTs begin to exist when creators mint them. These can then be traded, sold, and bought. All of this is traceable thanks to the blockchain, which records these movements (with dates, price, and many other data).
21+ Best NFT ideas and examples in 2022
1. Artificial Intelligence NFT:-
The Ethereum Blockchain serves as the foundation for this artificially intelligent NFT (iNFT). Alice is the name of the character, and the more you talk to her, the more she learns and develops her personality. When asked in her promotional video how she feels about living on the Blockchain.
Alice responds that she feels like a digital goddess and can take any form she wants. The company behind building this NFT is Alethea AI, and after seeing the overwhelming response, the company is ready to continue the project and build the infrastructure for the future of iNFTs.
2. Beeple’s “Everydays – The First 5000 Days”
It would be a crime not to include the incredible $69 million NFT auction in the list of best NFT ideas. The NFT is a collection of five artworks collected by Beeple (Mike Winkelmann) every day for 5,000 days since 2007. Winkelmann is still working on the project with Octane and Cinema 4D software.
The artwork is the most expensive NFT ever sold and the third most expensive work by a living artist. The artwork was auctioned off for $13,860 per piece at a fine art auction house.
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3. CryptoPunks
NFTs are well-known for their CryptoPunks. Larva Labs developed and distributed 10,000 CryptoPunk NFTs in the form of randomly generated coins redeemable with an Ethereum wallet in 2017. As a result, the secondary market value of CryptoPunks skyrocketed.
The cheapest CryptoPunk currently costs more than $100,000, and over $1 billion in CryptoPunks have been exchanged in the NFT series. Via, Odell Beckham, and Jay-Z have all made significant investments in CryptoPunks.
4. Paris Hilton’s Planet Paris
Paris Hilton has been a long-time supporter of the NFTs. Hilton has written articles about NFTs, appeared on TV shows about them, and even created her own NFT series. She collaborated with Blake Kathryn to launch Planet Paris, which included a series of short videos that helped Hilton earn millions of dollars.
5. Tweets
Who would have thought that a Tweet could be converted into an NFT and sold for millions of dollars? No one, that is. This was not the case for Jack Dorsey, the founder of Twitter, who took a chance and listed his first-ever tweet in an NFT marketplace. After two weeks, Jack received $2.9 million, which astounded many people.
The tweet was purchased by Sina Estavi, CEO of Bridge Oracle, a well-known Blockchain company. The trade was supported by the Valuable by Cent platform, a unique type of platform that deals with signed tweets from original creators, enabling people to profit from viral tweets.
This is an interesting way to make money in the NFT world. You can create viral educational or creative tweets and sell them for a profit. Even though this appears to be a crazy idea, it has been done before by one of the world’s most famous entrepreneurs.
Elon Musk also has an unsold NFT tweet that elevated the game to a new level. He wrote a techno song about non-fungible tokens, tweeted that he was willing to sell it as an NFT, and turned down a million dollars for the tweet itself, demonstrating that almost anything can be reproduced digitally and sold as an NFT.
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6. Louis Vuitton Video Game
The main ingredients in the luxury sector are exclusivity and brand recognition. As a result, there can be nothing better than NFTs in such a sector. Louis Vuitton’s entry into the world of NFT was quite unique. They created a video game called Louis: The Game in which players complete tasks to find hidden NFTs. Here is a comprehensive list of the best NFT games.
7. William Shatner’s personal memorabilia
We’ve all heard of veteran actor William Shatner, who has worked in the entertainment industry for over 60 years. In 2020, the actor officially released a series of his personal memorabilia in the form of NFTs featuring a variety of photographs taken throughout his illustrious career. In less than 10 minutes, more than 125,000 units were sold.
8. Nyan Cat GIF
We’ve all heard of veteran actor William Shatner, who has worked in the entertainment industry for over 60 years. In 2020, the actor officially released a series of his personal memorabilia in the form of NFTs featuring a variety of photographs taken throughout his illustrious career. In less than 10 minutes, more than 125,000 units were sold.
9. Cryptovoxels
We’ve all heard of veteran actor William Shatner, who has worked in the entertainment industry for over 60 years. In 2020, the actor officially released a series of his personal memorabilia in the form of NFTs featuring a variety of photographs taken throughout his illustrious career. In less than 10 minutes, more than 125,000 units were sold.
10. Art
One of the best ideas for an NFT enthusiast is art. You can either be a digital artist who makes money from your creations or a collector who buys art and holds it for future profit. If you have any design, drawing, photography, or digital creation skills, this is a fantastic idea.
If you’ve ever wondered why everyone seems to be talking about art whenever NFT is mentioned, here’s an example. One of the most expensive works of art sold in the modern era was sold as part of an NFT collection. Renowned digital artist Beeple was able to sell one of his collections at Christie’s for $69 million. This piece of art, titled ‘Everyday’s: The First 5000 Days,’ broke an NFT record and ranked third on the list of the most expensive artwork sold by living artists.
11. Video Games
Are you a developer or creator looking to profit from the NFT world? Play-as-you-earn games built on the Blockchain are among the best money-making projects you can start right now. We’ve seen brands like Louis Vuitton create an entire game, Louis: The Game, that challenges players to find hidden tokens, including some of the works by renowned digital artist Beeple, known for his iconic sale.
You can experiment with as many creative ideas as you want in the NFT scene. We’ve also seen games like The Sandbox and Decentraland make insane profits thanks to NFTs. These platforms sell virtual land for as much as a few million dollars. Depending on the needs of the owner, the land can be subdivided and later sold for a profit, or partitioned and used for business purposes.
Conclusion for Best NFT Ideas
Finally, we hope that each example of Best NFT Ideas art that we have mentioned above has helped you understand what NFTs are and how you can benefit from them. Most of us are still unfamiliar with this concept.
Having said that, these NFT concepts and examples should be enough to stretch your understanding of ownership and alternative payment methods. The crypto world is so dynamic that there are probably enough crazy new NFTs for us to write a completely new article while you’re reading this blog post.
To cut a long story short, one thing is certain: the potential of the NFT market is nearly limitless. There is a good chance that Blockchain technology and NFTs will disrupt a wide range of industries over the next five years.
FAQs for Best NFT Ideas
- How does Blockchain work with NFTs?
The transaction (buying and selling) occurs online and serves as digital proof of ownership at the time. NFTs, like cryptocurrencies, are securely recorded on a Blockchain. On the other hand, the technology can make it difficult to modify or counterfeit NFTs.
- How can I transfer my NFT?
You must toggle your NFT tabs to see all of the NFTs in your wallet. Select the NFT to be transferred and press the send button. Finally, you must enter the recipient’s public address.
- How does the value addition take place in NFTs?
Simple terms, value addition in NFTs occurs when buyers successfully sell their NFTs at a higher price than they paid for them. Like the crypto market, the value of NFTs rises when the overall supply of NFTs for sale falls and market demand rises.
- What is the procedure to convert NFT to cash?
When you sell your NFT, you will be paid in cryptocurrency. To convert cryptocurrency into cash, send the cryptocurrency from your wallet to the relevant account on the cryptocurrency exchange you’re using (for example, Binance, Coinbase, Crypto.com, etc.).
- Will my NFT sell on OpenSea?
OpenSea is a fantastic platform for selling your NFTs online. Here you can easily and quickly sell your digital assets such as cryptostickers and cryptokitties. However, in order to save money, you must be fully aware. To save money on your transactions, for example, you should ensure that your account is wisely initialised by monitoring gas prices.
