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NFT changed the view of art in recent times. It is no exaggeration to say that non-fungible tokens opened a new avenue for artists to monetize their work. While NFTs aided art and artists in gaining much-needed recognition, art also facilitated NFT growth. In fact, most of the highest-selling NFTs to date are digital artworks.



Today, we can see a large number of artists going for digital art and trying to monetize their art pieces by tokenizing their work. However, despite the surging number of creators, some artists lack the knowledge to convert their artwork into NFT. If you are one of them, this article is for you.



<h2>How to convert art into NFT?</h2>



Converting art into a non-fungible token is not as tricky or expensive as most people perceive it to be. One needs good creative skills and a personal computer to get going. You can follow the below steps to create art and turn it into a non-fungible token easily:



<ul>
<li>Select the artwork:</li>
</ul>



The first step in converting artwork into a non-fungible token is to choose an appropriate work. Before selecting, remember that you can convert paintings, music, video clips, sports moments, or any other digital entity into a non-fungible token. So, if you want to transform a song or video, you can select that.



<ul>
<li>Choose a blockchain:</li>
</ul>



Choosing a blockchain platform to host your non-fungible tokens is essential in converting your work into NFTs. One may observe that numerous platforms are available today. So, you have lots of options at your disposal.



Always remember that each platform possesses its own wallet, non-fungible token standard, and marketplace. This means that a token created on a specific site can be purchased and sold on that site alone. Thus, thinking and picking a platform that suits your interests is crucial.



Here are some platforms that you can look up &#8211; Ethereum, Max, Tezos, Cosmos, Binance Smart Chain, etc.,



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/09/Ethereum-Based-1-1024x538.png" alt="Ethereum blockchain" class="wp-image-1539" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/09/Ethereum-Based-1-1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Ethereum-Based-1-300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Ethereum-Based-1-768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Ethereum-Based-1.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Buy a small amount of Ethereum:</li>
</ul>



Once you select a platform, the next step is to buy some Ethereum to proceed further. This is because the marketplace charges specific fees to transform the art into a non-fungible token. However, remember that Ethereum&#8217;s cost often varies, so check before purchasing.



<ul>
<li>Connect the wallet to the non-fungible token marketplace:</li>
</ul>



After buying Ethereum, you&#8217;ll have to add it to the wallet and connect the wallet to the selected platform. You can choose Coinbase, MetaMask, or other wallets that are compatible with the venue you have chosen. Find out the best crypto wallet in the market.



<ul>
<li>Make an NFT account:</li>
</ul>



Once you connect the wallet to the platform, register as an artist on the platform to transform your work. To change, click on the &#8220;create&#8221; button, which compels you to connect your wallet. Furthermore, you&#8217;ll have to add a virtual signature for security purposes.



After accomplishing these tasks, you&#8217;ll be permitted to add (upload) your virtual artwork along with a description and name. Once your upload is done, you can add the banner to complete your account.



<ul>
<li>Create NFT:</li>
</ul>



When you create your account, the next step is converting your art. You can start converting your digital artwork with the help of Add New Item button. This button assists you in uploading the art that you want to transform into a non-fungible token. After uploading the file, click on &#8220;Create.&#8221;



<ul>
<li>Mint an NFT:</li>
</ul>



The non-fungible token platform usually has an automated minting process on the site for the benefit of the users. It largely remains the same for all blockchains, with slight variations here and there. Although it&#8217;s hard to estimate how long the minting of a non-fungible token can take, most platforms, tools, and apps have streamlined the process to make it user-friendly.



Once the process is completed, the artwork transforms into a non-fungible token. You will also have to pay a minting fee to transform your art into a non-fungible token.



<ul>
<li>Sell the NFT:</li>
</ul>



After creating a non-fungible token, you can sell it by clicking the &#8220;Sell&#8221; button. Next, a pricing page will appear, where you can specify the terms of the sale. You can even hold an auction or sell the NFT for a set amount.



<h3>Conclusion</h3>



Non-fungible tokens help artists commercialize their artwork. Now, they are no longer required to sell their work through galleries or auction houses.



Rather, the creator has an avenue to sell their work as a non-fungible token to the customers directly. Additionally, they can also fix a royalty fee to earn a portion of the sales as and when their work gets resold. So, one can say that a non-fungible token is a boon to artists and the digital art universe.



<h3>FAQs</h3>



<ul>
<li>Can I convert my painting into NFT?</li>
</ul>



Yes, you can convert a painting into an NFT. Minting is the process of transforming artwork or any virtual asset into a non-fungible token. You can select any digital art to transform it into NFT. Apart from painting, you can also convert music, video clips, etc. Once you mint an artwork, it becomes secure and tamper-proof.



<ul>
<li>Can any picture be a non-fungible token?</li>
</ul>



Yes, any picture can be turned into an NFT. However, converting a photo into NFT doesn&#8217;t automatically give you intellectual property rights. You need to be the owner of the image to sell artwork as NFT on any marketplace. Without proper authenticity, it would not be considered an NFT.

How To Turn Art Into NFT?

Non-fungible tokens (NFT) have risen in the past few years. From being virtually unknown to becoming one of the most sought-after digital collectibles, NFTs have come a long way. They are a part of a growing decentralized ecosystem (including cryptocurrencies and other Web3 applications) that reshapes our notions of ownership, transaction, and peer-to-peer economy.



While the NFT use cases are growing, there&#8217;s one big question &#8211; Do non-fungible tokens have a future?



You may be having this doubt if you have been thinking about <a href="https://upyo.com/en/post/how-to-invest-in-nft">investing in non-fungible tokens</a> for the long term. Let&#8217;s address the issue with a few others in the following sections.



<h2>Do NFTs have a future?</h2>



Since its inception, NFTs have grown by leaps and bounds. Today, we can see the NFT use cases in numerous industries, so one can see that it will indeed claim the world in the future. Barring digital art, BAYC, and punk tokens, there are several other places where NFTs can shine.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="630" height="630" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/Timbaland-Bored-Ape-Yacht-Club.png" alt="Bored Ape Yacht Club" class="wp-image-2764" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Timbaland-Bored-Ape-Yacht-Club.png 630w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Timbaland-Bored-Ape-Yacht-Club-300x300.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Timbaland-Bored-Ape-Yacht-Club-150x150.png 150w" sizes="(max-width: 630px) 100vw, 630px" /></figure>



It is possible to see the use of NFTs in passports, credit cards, licenses, medical records, etc. Apart from this, the non-fungible tokens are expected to bring new trends in the real estate and event ticketing sectors.



Let us see how non-fungible tokens will bring changes in the world through these sectors:



<h2>How will NFTs change the world? </h2>



Technological evolution is taking place at an incredible place today, with NFTs bringing a wave of revolution. Non-fungible tokens are disrupting a few sectors and creating an impact on numerous others.



Here are some sectors that you must watch out for:



<h3>P2E games:</h3>



NFTs penetrated the gaming industry very early and ushered in a new era of asset ownership in the P2E game model. Axie Infinity is one such game that is well known and enjoys a great fan base among crypto enthusiasts with more than 1 million active players. Know more about <a href="https://upyo.com/en/post/nft-mobile-games">NFT Games</a>.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/Axie-Infinity-1024x538.png" alt="Axie Infinity" class="wp-image-2212" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/Axie-Infinity-1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Axie-Infinity-300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Axie-Infinity-768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Axie-Infinity.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



The everyday trading volume of this game easily touches the 1 billion mark, which simply demonstrates its craze. Thus, one can say that more such games will be launched in the future, exploring various game segments.



<h3>Medical records:</h3>



It is known that they are valuable and necessary for various reasons. Moreover, there&#8217;s a law in force to mandatorily keep medical records along with patients&#8217; personal details for ten years. Furthermore, specific treatment records and x-rays must be stored for thirty years or more.  



Transferring these records is required when the need arises. However, this process can be plagued by delays. Thus, to mitigate such delays and other errors, one can tokenize the records and store them away securely. Employing non-fungible tokens will help one store the records for more than ten years.&nbsp;



Apart from medical records, one can also tokenize birth certificates, academic documents, patents, and other crucial documents.&nbsp;



<h3>Profile pictures:</h3>



Social media platforms, especially Twitter and Instagram, are the new channels to display non-fungible tokens. One may observe apes, cats, and other imaginary creatures displayed as profile images, <a href="https://upyo.com/en/post/nft-pfp">which are known as PFP NFTs</a>. These channels are attributed to showcase the NFT assets. The trend was started by Twitter and immediately followed by Meta.



To identify the authentic images from the copy-pasted ones, social media companies use labels that analyze and authenticate the non-fingible tokens in the user’s wallet.&nbsp;



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/Cool-Cats-NFTs-1024x576.jpg" alt="Cool Cats PFP" class="wp-image-2687" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Cool-Cats-NFTs-1024x576.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Cool-Cats-NFTs-300x169.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Cool-Cats-NFTs-768x432.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Cool-Cats-NFTs.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3>Fund-raising:</h3>



Fundraising has emerged as an inevitable byproduct of non-profit organizations. When you complete a non-fungible token transaction, a part of the funds is instantaneously contributed (given) to a charitable organization. By creating a publicly traceable and transparent database, blockchain technology protects non-fungible tokens and smart contract algorithms. 



<h3>How are NFTs impacting the internet? </h3>



It is no exaggeration to say that most of our activities happen on the internet. The internet has facilitated research, communication, commerce, business, entertainment, and even relationships. Since the internet can be seen in every nook and corner of our lives, the advent of NFTs will surely affect the internet.



Non-fungible tokens have the potential to alter our interactions with the internet. For example, NFTs could be anything digital or virtual. They can act as a store room (to store information) and a certificate to display the ownership and authenticity of the product. Furthermore, they can bring innovation concerning copyright technologies.



<h3>Are NFTs the next big thing?</h3>



NFTs have chiefly been used as a certificate of authenticity for digital artwork. However, their applications are evolving fast, and they can prove ownership and provide exclusive access to VIP perks, exclusive content, and asset rights.&nbsp;



The ascent of NFTs could be a significant step toward providing digital artists with the protection and acknowledgment they&#8217;ve been requesting for some time. What makes NFTs so compelling is how they assist creators and artists. 



An artist can ensure that they automatically receive 10% of the proceeds every time their work is sold. This completely alters the second-hand art, music, movie, and gaming markets from which artists and creators do not benefit.



So, are NFTs going to be the next big thing? It could be too early to tell, but we could also be caught up in the internet&#8217;s Reddit/Crypto echo chamber, which is convincing us that <a href="https://upyo.com/en/post/how-nfts-create-value">NFTs have immeasurable value</a> and are essential to continuing on our current tech-focused path. 



It&#8217;s difficult to tell whether the current NFT boom results from people who have been denied access to physical art galleries and have too much disposable income or if there is a genuine desire for digital art to be protected in the same way that physical art is.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="645" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/Souls-of-Nature-NFT-1024x645.png" alt="nft future" class="wp-image-2208" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/Souls-of-Nature-NFT-1024x645.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Souls-of-Nature-NFT-300x189.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Souls-of-Nature-NFT-768x484.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Souls-of-Nature-NFT.png 1141w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4>Conclusion</h4>



Overall, some experts are still doubtful about the future of non-fungible tokens and believe this is a mere bubble that will burst soon. However, the craze for non-fungible tokens has resulted in JPEGs getting sold for millions of dollars, wherein art creators and new investors are milking the cash.&nbsp;



Nevertheless, unlike tangible artworks, it is still easy for people to make believable copies, which may turn less valuable in the future. Luckily, much of the talks are not directed towards such a scenario, and regardless of what critics state, the non-fungible tokens continue to grow.

Discover The Future of NFTs

Metaverse

Innovation in technology has enabled digital platforms to emerge and grow into an immersive experience for millions of users today. Big tech companies such as Facebook, Microsoft, etc., are using inventive technologies such as virtual reality, data visualization, and augmented reality to create simulated digital environments where humans can interact with each other through their computers and smartphones.



As the digital economy powered by blockchain technology continues to proliferate, metaverse technology has seen accelerated acceptance among its intended audience. Users are leveraging this technology to engage in conversations, play games, discover new experiences, and live vicariously. The future possibilities of the metaverse are still an ongoing exploration. However, startups and big companies are actively developing their metaverses to expand their customer base and create communities.



<h2>What is a metaverse platform?</h2>



This platform is an artificially created three-dimensional world that mimics the real physical world. The site&#8217;s ecosystem has VR technology embedded in it that lets users play games with others <a href="https://upyo.com/en/post/nft-avatars">using digital avatars</a>. At the core of it, these platforms operate as an asset-based system wherein users play to earn cryptocurrency or other incentives.



Going to the root of this technology, it is observed that the metaverse concept was introduced in 1992 by Neal Stephenson in his science fiction novel Snow Crash. The book describes the metaverse as a virtual replica of our current world. Currently, most metaverse platforms are limited to play-to-earn digital worlds. As this technology is in its evolving phase, it is yet to extend beyond the realm of gaming.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="1024" height="532" src="https://adminblog.upyo.io/wp-content/uploads/2022/12/novel-Snow-Crash.jpeg" alt="" class="wp-image-3159" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/novel-Snow-Crash.jpeg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/novel-Snow-Crash-300x156.jpeg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/novel-Snow-Crash-768x399.jpeg 768w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



These highly immersive platforms allow players to simulate real-world activities such as eating, shopping, chatting, and traveling. Even though there is no singular gateway to access a metaverse, players require hardware equipment such as a VR headset to enter it. These headsets range from the $10 Google Cardboard to the $300 Oculus Quest 2 headgear or the premium $999 Valve Index VR.



<h3>How many metaverse platforms are there?</h3>



Presently, only a few such platforms are accessible to people. This includes platforms like Axie Infinity, Decentraland, the Sandbox, Horizon, Fortnite, and Roblox. However, 160 companies are working individually or collaboratively to develop more metaverse platforms while also extending their usability.



<h2>Which are the best metaverse platforms?</h2>



Some of the leading metaverse platforms are as follows:&nbsp;



<ul>
<li>Decentraland</li>
</ul>



This was one of the foremost platforms to release a functional proof-of-concept. The company&#8217;s metaverse platform was open to the general public in 2020 and became a market leader. This site is a virtual reality platform where you can carry out various activities, such as communicating with other users virtually. You also have the provision for earning money <a href="https://upyo.com/en/post/metaverse-stocks">via virtual assets and investments.</a>&nbsp;



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/09/Decenterland--1024x538.png" alt="Decenterland platform" class="wp-image-1361" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/09/Decenterland--1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Decenterland--300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Decenterland--768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Decenterland-.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>The Sandbox:</li>
</ul>



This blockchain game platform developed on Ethereum is used to purchase and sell digital land plots. This popular site is well-known for being stable and secure. The platform has its native token, SAND, which users can use to pay gas fees.&nbsp;



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/09/The-Sandbox-1024x538.png" alt="Sandbox Platform" class="wp-image-1363" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/09/The-Sandbox-1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/09/The-Sandbox-300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/09/The-Sandbox-768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/09/The-Sandbox.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>HyperVerse:</li>
</ul>



This is another popular virtual world platform that consists of millions of universes. Every person who stays here is called a Voyager, and they can perform various tasks such as generating tokens, interacting with fellow users, and navigating the world.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="824" height="504" src="http://adminblog.upyo.io/wp-content/uploads/2022/12/cover.jpg" alt="Hyperverse Platform" class="wp-image-3155" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/cover.jpg 824w, https://adminblog.upyo.io/wp-content/uploads/2022/12/cover-300x183.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/cover-768x470.jpg 768w" sizes="(max-width: 824px) 100vw, 824px" /></figure>



<ul>
<li>Nakamoto:</li>
</ul>



This is another platform with a native token, NAKA, which one can use to buy digital plots, construct buildings and perform other tasks. The company announced its new offering NAKAverse, one of the major platforms to bring the in-game economy to the fore.&nbsp;



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="http://adminblog.upyo.io/wp-content/uploads/2022/12/Nakamoto-1024x576.jpg" alt="Nakamoto Platform" class="wp-image-3156" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/Nakamoto-1024x576.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Nakamoto-300x169.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Nakamoto-768x432.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Nakamoto.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Roblox:</li>
</ul>



This is a good site to play games that other users develop. The platform specializes in providing an excellent VR experience to its users. Apart from offering various VR experiences, the idea of fetching all experiences under its wing is the most distinguishing feature of this platform.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/12/Roblox-Metaverse-1024x538.jpg" alt="Roblox Metaverse" class="wp-image-2951" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/Roblox-Metaverse-1024x538.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Roblox-Metaverse-300x158.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Roblox-Metaverse-768x403.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Roblox-Metaverse.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Cryptovoxels:</li>
</ul>



This is yet another platform that shines brightly in terms of VR experiences. Apart from <a href="https://upyo.com/en/post/metaverse-games">virtual games</a>, the platform is prominent for organizing virtual events. This site is also great for trading virtual property assets, digital collectibles, wearables, and much more.&nbsp;



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="http://adminblog.upyo.io/wp-content/uploads/2022/12/Cryptovoxels-1024x576.jpg" alt="Cryptovoxels Platform" class="wp-image-2948" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/Cryptovoxels-1024x576.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Cryptovoxels-300x169.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Cryptovoxels-768x432.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Cryptovoxels.jpg 1120w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Somnium Space:</li>
</ul>



This platform built on Ethereum and Solana is a new addition to the metaverse universe that one can try. Users can use this site to commercialize their assets and get a good virtual experience. You can access this platform through PC, VR, and mobile interfaces.&nbsp;



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="427" src="http://adminblog.upyo.io/wp-content/uploads/2022/09/Somnium-Space-1024x427.png" alt="Somnium Platform" class="wp-image-1369" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/09/Somnium-Space-1024x427.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Somnium-Space-300x125.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Somnium-Space-768x320.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Somnium-Space.png 1300w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Star Atlas:</li>
</ul>



This space-themed gaming platform has been well-known among the public in recent times. Apart from playing games, users can use the site to create and trade non-fungible tokens. One of the appreciative features of this platform is its speed which is due to Solana. POLIS holders can buy virtual assets such as ships, land, and equipment on this platform.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="611" src="http://adminblog.upyo.io/wp-content/uploads/2022/09/Star-Atlas-1024x611.jpg" alt="Star Atlas Platform" class="wp-image-1367" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/09/Star-Atlas-1024x611.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Star-Atlas-300x179.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Star-Atlas-768x458.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Star-Atlas.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Bloktopia:</li>
</ul>



This is a top metaverse site that consists of digital reality blocks. This is one example of an interactive site online that one can try. The game has a digital skyscraper with 21 levels. Investors get ample revenue-creating opportunities from virtual experiences on this site.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="523" src="http://adminblog.upyo.io/wp-content/uploads/2022/12/Bloktopia-1024x523.jpg" alt="Bloktopia Platform" class="wp-image-3157" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/Bloktopia-1024x523.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Bloktopia-300x153.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Bloktopia-768x392.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Bloktopia-1536x785.jpg 1536w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Bloktopia.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Metahero:</li>
</ul>



This is one of the largest platforms aimed at bringing physical objects into the digital age. MetaHero offers three-dimensional scanning technology that converts real-world objects into virtual counterparts. As a result, these virtual objects can be used in various fields, including education, training, and entertainment.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/12/Metahero--1024x538.png" alt="Metahero Platform" class="wp-image-3158" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/Metahero--1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Metahero--300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Metahero--768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Metahero-.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4>Conclusion</h4>



The metaverse is still a more intellectual idea centered on a different way of viewing the world and engaging online. Experts predict that by 2030, a sizable portion of the population will use this technology in some capacity. Nonetheless, despite its current popularity, the concept still requires significant development.&nbsp;



The first challenge will be acquiring the required hardware. Then there&#8217;s the issue of interoperability, or the ability to move virtual objects like clothes or cars from one platform to another.

Top 10 Metaverse Platforms of 2023

A non-fungible token roadmap is essential to an NFT venture. If you are starting or following an NFT venture, chances are you will come across a project blueprint. Usually, the project&#8217;s official website or social media handle will display the blueprint of that project.



However, some projects do not have a roadmap. So, is the roadmap really required? Are they significant? What is the connection between the roadmap and the project?



Scroll down as we throw light on all these questions and more.



<h2>What exactly is an NFT roadmap?</h2>



It is basically a strategic planning tool that includes crucial landmarks in the project, short and long-term objectives, and <a href="https://upyo.com/en/post/nft-marketing">NFT marketing strategies</a>. Usually, it is a graphic or an image posted on the website. One may refer to this map to see what the project includes.



The map highlights dates, typically in the first, second, third, and fourth quarters of the fiscal year. Moreover, these dates will be accompanied by the project plans that are to be accomplished during that quarter.



In other words, the roadmap displays what has been achieved so far and the agenda that is yet to be achieved in the specified quarter.



<h3>What is the purpose of a road map for NFT projects?</h3>



A roadmap is one of the crucial components for non-fungible token ventures that gives much-needed clarity for the project. It helps in building credibility for the venture. Furthermore, it outlines what to expect from a specific project.



Roadmap serves different purposes for key stakeholders, such as investors and creators.



For instance, project creators can employ a non-fungible token blueprint to grab the attention of investors for a specific project. With its key objectives and milestones, a roadmap has the potential to attract not only investors but also the workforce and other stakeholders.



On the other hand, a roadmap also helps investors and collectors to calculate project returns, among other things. A collector can get an overview of the assets, features, and other specifics that are to be delivered within a specific period. So, one can say that a roadmap serves different purposes for different stakeholders.



<h2>Do you need a roadmap for NFT?</h2>



A roadmap is not required, or in other words, mandatory for an NFT venture in general. However, having a roadmap demonstrates that the founding team has a longer-term vision for their venture. In general, a roadmap helps the reader understand the mission and ambitions of the group.



Ideally, the project team methodically plans the NFT project&#8217;s success. So, a roadmap is essential to help understand the project&#8217;s goal and the value it provides to the involved parties. Thus, if a project lacks a clear and concise roadmap, it can turn off potential investors and other key players.



Although a project can exist without a roadmap, such an initiative may be interpreted as a project lacking vision.



<h3>How do I plan an NFT project?</h3>



Planning is an essential step before creating and executing a project. Doing so will save you from falling into pitfalls and carry out the project execution effortlessly. Here is a list of simple steps that you can follow to plan your non-fungible token project.



<ul><li>Establish project goals: Goals are the driving force of any project. It is a crucial aspect that gives a clear message on why you&#8217;re designing the project. Establishing your desired outcomes as soon as possible is very much essential since it gives your customers an idea about why they must invest in your venture.</li></ul>



Generally, the most common goal for an NFT venture is to <a href="https://upyo.com/en/post/nfts-and-metaverse">prepare the project for the metaverse</a>. Other common goals are building a solid community with loyal customers and providing exclusive perks and utilities. Apart from this, there are other project-specific goals too.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/Women-in-Metaverse-1024x576.jpg" alt="Metaverse" class="wp-image-2683" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Women-in-Metaverse-1024x576.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Women-in-Metaverse-300x169.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Women-in-Metaverse-768x432.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Women-in-Metaverse-1536x864.jpg 1536w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Women-in-Metaverse.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3>Tips to understand and establish your goals:</h3>



<ul><li>Understand the current position of the project and decide where you want it to reach</li><li>Comprehend the purpose of the project without being vague</li><li>Question yourself on what you want to tell your customers about the project</li><li>Ask what you are bringing to the table with your project</li><li>Be clear about the project values</li><li>Establish specific and measurable goals</li><li>Breakdown your goals into smaller chunks and set a time to accomplish them</li></ul>



<ul><li>Build a community for your project: Building a solid community is a must for a successful non-fungible token venture. The more time and effort that one puts into brand development, the better the chances to sell a successful non-fungible token venture with a loyal customer base in the long run. When building a community, the first thing to focus on is the target audience; know your audience and understand where they spend their time.</li></ul>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="614" src="http://adminblog.upyo.io/wp-content/uploads/2022/09/Discord-NFT-1024x614.jpg" alt="NFT Discord" class="wp-image-1716" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/09/Discord-NFT-1024x614.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Discord-NFT-300x180.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Discord-NFT-768x461.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/09/Discord-NFT.jpg 1100w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3>Tips for building community:</h3>



<ul><li>Invest in the channels that are frequented by your target audience (social media or other discussion forums, etc.)</li><li>Make use of Twitter spaces to propagate your ideas</li><li>Engage with non-fungible token enthusiasts</li><li>Connect with reputable organizations and influencers</li></ul>



<ul><li>Set a price for your venture: Determining the price for your non-fungible tokens is one more crucial step once you decide on a project. Whether you are going for <a href="https://upyo.com/en/nft/category/music">NFT music</a>, art, meme, collectibles, or others, decide on a fair NFT mint price for your tokens.</li></ul>



Just remember that if you fix a heavy mint fee, you endanger the tempo of the initial sale. This may also deprive collector support for your venture. Therefore, set a reasonable price that does not result in a loss for you.



Furthermore, fixing a reasonable royalty fee for the non-fungible tokens on secondary sales is also prudent. Again, ensure that you don’t go for high royalty, which may deter the token holders from <a href="https://upyo.com/en/post/nft-minting">minting the NFT</a>.



<h3>Tips for setting NFT mint price:</h3>



<ul><li>Discuss with your community and agree on an acceptable fair price</li><li>Consider your long-term vision to establish the fee</li><li>Examine some popular websites to see how the projects are priced</li><li>Most successful NFT ventures have fixed their mint price between 0.05 and 0.1 ETH (you can decide something in this range)</li></ul>



<h5>Plan a realistic roadmap for the project:</h5>



Having a realistic roadmap assures your target audience that you&#8217;re committed to the long-term success of your project. The roadmap highlights your project journey, where you are going when you&#8217;ll reach the destination, and what you&#8217;ll achieve.



A roadmap, in essence, is the crucial component that states what people can expect from the venture. It displays crucial milestones, such as the next launch date, the exclusive perks that the community may receive in the future, and so on. Furthermore, the roadmap assists your audience in managing expectations for your NFT project while also keeping them engaged and excited about the project, allowing you to maintain a thriving community.



<h3>Tips for designing a roadmap:</h3>



<ul><li>When planning a roadmap, take your goals into consideration and plan accordingly.</li><li>Design a blueprint that has time-specific goals</li><li>Ensure you have the right resources to achieve your goals</li><li>Be creative when designing your roadmap</li><li>Go through some of the popular roadmaps to understand how it is designed</li></ul>



<ul><li>Create a team: Once you establish your project goals and design a roadmap, it&#8217;s time to assemble your team to bring your project to fruition. Apart from the project&#8217;s founder, other vital players, such as technical developers, artists, influencers, and community managers, form a team.</li></ul>



Each team member has a distinct role to play, so choose a competent team player if you want success in your venture.



<ul><li>Communicate effectively with your team: communication plays an essential role in any project. In other words, effective communication from the project&#8217;s core contributors is paramount, as it can make or break your venture. Since there are <a href="https://upyo.com/en/post/nft-rug-pulls">numerous &#8220;NFTs rug pulls&#8221;</a> it&#8217;s critical to engage with the community on a regular basis.</li></ul>



Doing so helps the community members stay updated with the latest happenings. Some of the best tools to communicate include well-known crypto communication sites like Discord and Telegram.



<h3>Tips for NFT Project Communication:</h3>



<ul><li>Establish a consistent communication schedule and follow it without fail</li><li>Invest in bringing someone on board to help your community</li><li>Design appropriate educative materials to help your team members and customers understand what is going on in the project</li><li>Moderators should be able to answer the queries</li><li>Post regular updates in the announcements channel by tagging everyone</li><li>Keep up with pressing communications (ex: hacks, roadmap setbacks, hacks, and so on.)</li></ul>



<ul><li>Set the plan into motion: Executing your roadmap is the final step in launching your NFT venture. You can start an NFT venture with the best of intentions, but if you don&#8217;t follow through on your promises, your community will lose trust in you and your project.</li></ul>



Be open and transparent with your community about your progress in the run-up to a launch. If you need to postpone a launch to deliver the value you promised, being honest with your community will help keep them on your side.



If, on the other hand, you stick to a launch date regardless of the ability to deliver and without informing your community, it can backfire and sink your project.



<h2>5 Best NFT Roadmap Examples</h2>



Here are some excellent examples of the NFT roadmap that you can refer to:



<h4>Azuki</h4>



Azuki&#8217;s roadmap is called the &#8220;mindmap&#8221; and has seven detailed steps to illustrate its project.



<ul><li>1st step &#8211; Community goals and values</li><li>2nd step &#8211; Activities related to the community</li><li>3rd step &#8211; Gist of social media channels and their activities involving metaverse and gaming</li><li>4th step &#8211; Exclusive drops for community members and other activities</li><li>5th step &#8211; Experiments with gaming experience</li><li>6th step &#8211; Exploring partnership and venturing into DAO</li><li>7th step &#8211; Connecting with the masses</li></ul>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="611" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-1024x611.png" alt="Azuki roadmap" class="wp-image-2032" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-1024x611.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-300x179.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-768x458.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4>NFT Worlds</h4>



NFT Worlds has a simple roadmap that is in the form of a checklist. So far, the project has achieved 15 out of its 18 goals.



The completed stages of the NFT Worlds roadmap are as follows:



<ul><li>On October 10, 2021, rarity rates and data files were distributed.</li><li>The $WRLD token will be available in December 2021.</li><li>In January 2022, it will release its open-source multi-player server.</li></ul>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="800" height="380" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/NFT-Worlds.jpg" alt="NFT Worlds roadmap" class="wp-image-2041" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/NFT-Worlds.jpg 800w, https://adminblog.upyo.io/wp-content/uploads/2022/10/NFT-Worlds-300x143.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/NFT-Worlds-768x365.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></figure>



<h4>SolRarity – Rarikeys</h4>



The roadmap of SolRarity–Rarikeys is a highly descriptive map that consists of 3 phases.



<ul><li>1st phase &#8211; Launch rarity tools to gain trust and display index charts depicting drops.</li><li>2nd phase &#8211; Goals to include beta-testers and NFT holders</li><li>3rd phase &#8211; Revenue sharing incentives</li></ul>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/12/SolRarity-–-Rarikeys-Roadmap-1024x538.png" alt="SolRarity – Rarikeys Roadmap" class="wp-image-3019" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/SolRarity-–-Rarikeys-Roadmap-1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/SolRarity-–-Rarikeys-Roadmap-300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/SolRarity-–-Rarikeys-Roadmap-768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/SolRarity-–-Rarikeys-Roadmap.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4>Rebel rabbits</h4>



Rebel Rabbits utilizes a monthly roadmap that is divided into &#8216;Early&#8217; and &#8216;Late&#8217; releases to show what to expect and when. The layout of the roadmap shows a timeline that is designed in a way to keep collectors interested and looking forward.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="756" src="http://adminblog.upyo.io/wp-content/uploads/2022/12/Website-art1-1024x756.webp" alt="Rebel rabbits roadmap" class="wp-image-3020" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/Website-art1-1024x756.webp 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Website-art1-300x222.webp 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Website-art1-768x567.webp 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Website-art1-1536x1135.webp 1536w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Website-art1-2048x1513.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4>World of Women</h4>



This charity-oriented project aims for inclusiveness, diversity, and opportunity.



Here are the Phase 2 milestones of the venture:



<ul><li>WoW in galleries and expos around the globe</li><li>World of Women Merch</li><li>The WoW Team is Growing</li><li>WoW and Charity</li><li>Metaverse-ready</li><li>Worlds of Women</li><li>More Airdrops</li><li>On a planet far, far away</li></ul>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-1024x538.png" alt="World Of Women roadmap" class="wp-image-2635" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4>Conclusion</h4>



The NFT roadmap is a valuable asset to a venture in the long run. Furthermore, it serves multiple purposes and adds tremendous value. In a nutshell, the roadmap informs people about what the project is all about. Although a roadmap is not required for every project, having one is advantageous for various reasons.

A Guide to NFT Roadmaps

Crypto

For anyone who is new to the NFT space, there is a lot of new information and terminology to learn and get accustomed to. It includes terms such as GM (Good Morning), GN (Goodnight), SER (Sir), and others. While there is nothing fancy about these acronyms, people who don&#8217;t know these terms can often become confused or feel left out from the larger NFT Twitter community.&nbsp;This article will discuss two trending NFT terminologies- NGMI and WAGMI.



<h2>What does NGMI mean?</h2>



The term NGMI stands for &#8216;Not Going To Make It.&#8217;&nbsp;The&nbsp;definition&nbsp;has a negative connotation, and&nbsp;it&#8217;s commonly used in a self-deprecating manner regarding one&#8217;s stupid mistakes or bad decisions. In the NFT community, it is used to describe individuals or projects that are likely to fail. Moreover, groups use the term dismissively to call out members who make poor decisions or go against the group&#8217;s shared opinions.



The moniker can also be applied to <a href="https://upyo.com/en/post/fractional-nfts">holders of fractionalized NFTs</a> who tend to modify their selling price continuously, auction their NFTs below the floor price (below the lowest-priced NFT in the collection), or mindlessly flip NFTs with no regard for profits and losses.&nbsp;Due to the deep-seated negative meaning of the term, people should always be careful of how they use it in the NFT and crypto ecosystem.



The first example of NGMI can be traced back to JRNY Crypto, a prominent NFT and crypto influencer.&nbsp;JRNY references the &#8220;tulip mania&#8221; in his tweet, a speculative mania for tulip bulbs in the Dutch Republic during the 1600s.&nbsp;Tulip prices reached absurdly high levels during this time period but were quickly followed by an enormous crash.&nbsp;



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/12/JRNY-Crypto-Wagami-Nagmi-1024x576.jpg" alt="" class="wp-image-2990" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/JRNY-Crypto-Wagami-Nagmi-1024x576.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/JRNY-Crypto-Wagami-Nagmi-300x169.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/JRNY-Crypto-Wagami-Nagmi-768x432.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/JRNY-Crypto-Wagami-Nagmi.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



Mainstream economists and financiers frequently mention this tulip frenzy to describe a bubble. Many&nbsp;experts&nbsp;believe&nbsp;that cryptocurrency and NFT prices are&nbsp;speculative and have no actual worth.&nbsp;JRNY cites these pundits and experts in his tweet as the real NGMI.



Another example of the term NGMI being used is by Dangiuz (Leopoldo D&#8217;Angelo). Danguiz, a digital artist, is an active member of the NFT community who posted a tweet referencing overhyped and overpromised NFT projects as &#8216;NGMI.&#8217; His tweet is an instance of a community member declaring creators and organizations responsible for <a href="https://upyo.com/en/post/nft-scams">NFT scams</a> as unreliable, fraudulent elements.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="1000" height="1000" src="https://adminblog.upyo.io/wp-content/uploads/2022/12/Dangiuz-wgmi-and-ngmi.jpg" alt="" class="wp-image-2991" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/Dangiuz-wgmi-and-ngmi.jpg 1000w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Dangiuz-wgmi-and-ngmi-300x300.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Dangiuz-wgmi-and-ngmi-150x150.jpg 150w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Dangiuz-wgmi-and-ngmi-768x768.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></figure>



<h2>What does WAGMI mean?</h2>



WAGMI is an acronym that stands for &#8220;We&#8217;re All Going to Make It.&#8221;&nbsp;WAGMI is used to denote an action that has been taken, a choice made, or a piece of news announced that will likely benefit the group or community collectively rather than individually.



The term has a positive connotation, and it&#8217;s used as an expression that commemorates camaraderie or predicts future success. It celebrates positive reinforcements such as &#8220;we&#8217;re all in this together&#8221;, particularly in situations that require strong convictions in the face of what others may consider the excessive risk or contrarian moves.



WAGMI can be used to show your common belief in&nbsp;the future success of a group or&nbsp;collaborative initiative.&nbsp;For example, suppose you purchased an NFT exceptionally early in a project&#8217;s life cycle, and&nbsp;the floor price of the collection&nbsp;begins to multiply shortly after. In that case, you may&nbsp;spread the good news in the project&#8217;s Discord&nbsp;or social media group and post &#8220;WAGMI.&#8221;



The term started trending in 2021 when NFTs faced public ridicule as an online gimmick. The criticism stemmed from the belief that anyone could right-click and save an NFT file, thus proving them to be worthless digital assets.&nbsp;As the year progressed and prices for many NFT projects rose, the general criticism faded.&nbsp;



Many in the NFT space adopted the quote: &#8220;First they ignore you, then they mock you, then they fight you, and finally you win&#8221; (which is a famous quote that is often wrongly attributed to Mahatma Gandhi).



NFT artist, PIXELOR, used the quote above with #WAGMI in one of his tweets.&nbsp;Another example is Cole Thereum, co-founder of the Pudgy Penguins NFT collection. He used the term to describe the frantic FOMO vibes sweeping across the NFT and crypto space due to the growing floor prices and <a href="https://upyo.com/en/post/popular-nfts">popularity of NFTs</a>.&nbsp;Will Clemente, a well-known bitcoin analyst, also used WAGMI terminology to express his gratitude towards his followers.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="655" src="https://adminblog.upyo.io/wp-content/uploads/2022/12/Screenshot_3-1024x655.png" alt="" class="wp-image-2994" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/Screenshot_3-1024x655.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Screenshot_3-300x192.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Screenshot_3-768x491.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Screenshot_3.png 1126w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3>Conclusion</h3>



The&nbsp;popular terminology NGMI and WAGMI have opposing meanings and connotations wherein NGMI is fundamentally exclusionary while WAGMI is inclusionary.&nbsp;These statements reflect the current sentiment within the NFT environment. 



The NFT space has skeptics who believe it is merely a bubble, while its most ardent followers view it as the next generation of virtual asset ownership. This industry has often encountered criticism as a highly volatile and risky investment. However, people who have overwhelmingly believed and embraced the technology have reaped exponential benefits financially, as evidenced by the record-breaking sales of numerous NFTs.

What is NGMI and WAGMI NFT Terminology?

Metaverse Real Estate: What is it and how to purchase it?

NFT art has become mainstream, and it has earned extraordinary credibility as a direct result of the involvement of famous auction houses such as Christie&#8217;s and Sotheby&#8217;s. Beeple&#8217;s artwork sale helped pique the general public&#8217;s interest, introducing them to the new concept of virtual assets. More people are now purchasing non-fungible token art and participating in the NFT trade.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="1024" height="606" src="https://adminblog.upyo.io/wp-content/uploads/2022/12/Beeples-artwork.jpg" alt="display your NFT" class="wp-image-2941" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/Beeples-artwork.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Beeples-artwork-300x178.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Beeples-artwork-768x455.jpg 768w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



After purchasing it, most consumers discover that they do not know how to show their work gracefully. As a result, the precious goods stay unacknowledged by the world on their mobiles or PCs. When you collect art, especially after you&#8217;ve spent hundreds, if not millions, of dollars on it, it&#8217;s only reasonable to want to show it off a little. There are a few options for displaying your non-fungible token art collection. Let&#8217;s have a look at the ways in which you can display your non-fungible token:



<h2>The best ways of displaying NFTs</h2>



<ul><li>Print the NFT:</li></ul>



Printing the image of NFT is one of the cost-effective ways to display your static non-fungible token. A scannable QR code can be embedded in the asset to prove its authenticity so that viewers or buyers are ensured of its originality. In order to generate the code, you can just enter the URL address related to the artwork into the QR-code generator platform. However, printing the non-fungible token image on a canvas or paper will result in a poor quality image as these kinds of images are suitable for digital formats.



You may take the help of non-fungible token printing companies if you don’t have much idea about the type of printing paper, print size, or finish for tangible non-fungible tokens. This is because the companies utilize the latest technology to print high-resolution non-fungible token copies. Discover <a href="https://upyo.com/en/post/nft-size">the best NFT size</a>.



<ul><li>Tablets and iPads:</li></ul>



NFT art can be displayed as a background on your iPad or tablet. However, this option may necessitate the installation of numerous tablets to exhibit to your entire collection.&nbsp;While these gadgets are well-equipped to show your non-fungible tokens, it&#8217;s not the most optimal.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/12/NFTs-Background-1024x538.png" alt="NFTs Background" class="wp-image-2942" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/NFTs-Background-1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/NFTs-Background-300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/NFTs-Background-768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/NFTs-Background.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul><li>Social media:</li></ul>



Social media platforms are the best option for displaying your artwork. Proud NFT owners usually keep their <a href="https://upyo.com/en/post/nft-pfp">NFTs as profile pictures</a>. While social media may be a wonderful place to post your non-fungible tokens and grow your audience, the issue is that it may not be possible to show it off as gracefully as other alternatives. The size restrictions on social platforms prevent you from displaying your artwork in high resolution.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="930" height="558" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/Bored-Ape-Yacht-Club.jpeg" alt="Bored Ape Yacht Club" class="wp-image-2021" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/Bored-Ape-Yacht-Club.jpeg 930w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Bored-Ape-Yacht-Club-300x180.jpeg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Bored-Ape-Yacht-Club-768x461.jpeg 768w" sizes="(max-width: 930px) 100vw, 930px" /></figure>



<ul><li>Digital&nbsp;NFT frames:</li></ul>



This is one of the most creative ways to display your virtual art to the public. Digital frames are capable of displaying your non-fungible tokens in GIF or video format, unlike the printed versions. These frames include exciting features such as an anti-glare display, speakers, and auto-rotation. Furthermore, you can switch between various non-fungible tokens and their related QR codes without changing the frame. This is because the virtual or digital frames are smartphone-controlled.



There are numerous digital frame options available online. Infinite Object is a well-known startup that provides display frames for non-fungible video tokens. The firm is also the digital frame of choice for the artist Beeple, who made news when he sold the most expensive NFT ever at $69.3 million. Netgear&#8217;s Meural Canvas is a more versatile option for displaying your NFTs. 



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="976" height="549" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/5000-Days-1.jpg" alt="beeple" class="wp-image-2546" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/5000-Days-1.jpg 976w, https://adminblog.upyo.io/wp-content/uploads/2022/11/5000-Days-1-300x169.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/5000-Days-1-768x432.jpg 768w" sizes="(max-width: 976px) 100vw, 976px" /></figure>



It&#8217;s more than just a way to show off your NFTs; it&#8217;s a digital frame that can show off any of your images or videos. As a result, it&#8217;s more expensive compared to its competitors. Meural Canvas allows you to connect your digital wallet to the app and show your NFTs right on the canvas.



<ul><li>Display NFT online:</li></ul>



NFT marketplaces have millions of visitors every day. Hence, these platforms are the perfect vessel to display your newly bought NFTs. As a user, you can display your entire collection by creating a profile on these marketplaces. You can also display your artwork on websites like Collectors Hub, Showtime, and Lazy, where artists and collectors frequently post about their NFTs. Furthermore, if you already have a large following on social media platforms <a href="https://upyo.com/en/post/nft-discord">like NFT Discord and Twitter</a>, you may be able to launch your own NFT art website.



<ul><li>Metaverse:</li></ul>



Since NFTs are multidimensional assets, their utility transcends marketplaces and digital frames. They can be easily displayed in the metaverse environments, as these digital worlds have their own art galleries or locations that are ideal for showing off the art.



Consider Decentraland and Sandbox, where users can purchase virtual plots on which one can host a non-fungible token art exhibition and invite other users. Once you&#8217;ve signed up and purchased virtual land, you can organize shows, auctions, and other gatherings to display, promote, or sell your NFT collection. You can also create one-of-a-kind passes and tickets for these events and distribute them via social media.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="512" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/Decentraland-1024x512.jpg" alt="Decentraland" class="wp-image-2545" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Decentraland-1024x512.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Decentraland-300x150.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Decentraland-768x384.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Decentraland-1536x768.jpg 1536w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Decentraland.jpg 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



If you&#8217;re a budding artist and platforms like Decentraland are out of your price range, consider Cyber. Here users can freely exhibit their NFTs to the public. Although these platforms lack popularity compared to some of the other virtual worlds, they are still worth the shot. They are ideal for producing immersive NFT art exhibitions and attracting your own audience. Know more about <a href="https://upyo.com/en/post/nfts-and-metaverse">the role of NFTs in Metaverse</a>.



These new NFT display methods have the potential to bridge the gap between the digital art sector and the real world. They are extremely useful in introducing NFTs to audiences who might not be aware of web3 advancements otherwise. With their distinct visual appeal, NFT displays are expected to increase public acceptance of blockchain technologies.



<h3>Conclusion</h3>



There are several simple ways to show your non-fungible token collection. Your decision will be influenced by factors such as your point of view, convenience, and budget. One aspect to remember when discussing the NFT art exhibition is its fluid space that is thronging with new methods at a very quick pace.



Although the non-fungible tokens are displayed on digital frameworks and monitors right now, the future will be different and include Metaverse. Therefore, you must focus on virtual space for artwork displays to gain success and benefits.



<h4>FAQs</h4>



<ul><li>How do I display non-fungible token art in my home?</li></ul>



You can display your NFT at home by printing out a physical copy of the digital artwork. This requires a QR code that can be easily procured from a QR-code generator site. Additionally, you may also employ digital frames to show off your non-fungible token artwork. These frames are best suited for videos or animations. Most digital frames are smartphone-enabled. Therefore, you can effortlessly switch between different NFTs.



<ul><li>Can I print out my NFT art?</li></ul>



Yes, you can print your NFT art if you have permission to make physical copies of the digital work. Not all NFT art is printable. Some NFT creators want their work to be purely digital. Therefore, they do not provide printing rights to the buyers. If you have printing rights, you may make physical copies of the NFT to show off in your home.



<ul><li>Can you hang an NFT on your wall?</li></ul>



Yes, NFT can be hung on the wall. You can achieve this in a variety of ways. First, you can use digital art frames to exhibit your NFT artworks throughout your home. You can also use your TV screens as a frame to display the NFT. Another way is to make printed copies of the digital artwork and put them on the walls.

How to Display NFT? The 6 Best Ways

Generative art avatar initiatives witnessed an incredible boom in 2021 in the non-fungible token space. One reason for this craze can be attributed to metaverse expansion, which led people to seek out distinctive avatars and use them to represent themselves in virtual space. This trend has helped catapult PFP NFT collections to the forefront.



With such a following, the generative art sector or the PFP sector is anticipated to grow further in 2023. If you are looking for promising PFP NFT ventures, continue reading as we have compiled some prominent ventures that you must keep in mind.



Before looking into the projects, let&#8217;s cover some basics.



<h2>What does PFP stand for?</h2>



PFP basically stands for &#8220;Picture for Profile&#8221; or &#8220;Picture for Proof,&#8221; in short, it is a profile photo that people can use on social media channels.



<h3>What exactly is PFP non-fungible token?</h3>



As mentioned above, PFP or Picture for Proof is digital artwork or generative art tokens employed in social media networks as profile images. Most PFPs are shoulder-length characters that feature humanoid, animalistic, or robotic traits. They are precisely at a point where collectible and generative art intersect.



They are categorized as collectibles because they are produced in large quantities and differ in rareness. At the same time, they are also considered generative art because they are made using some distinctive features (such as body type, facial expression, shape, background, etc.) in random combinations. Doodles and BAYC are two of the <a href="https://upyo.com/en/post/popular-nfts">popular non-fungible token collection</a> where you can find PFPs.



To use these avatars, you must link your non-fungible tokens to a crypto wallet and employ the non-fungible token as our profile image for Twitter. While Twitter has already made this possible, other social platforms are also striving for the same.



<h3>How and when did NFT PFP start?</h3>



Larva Labs is touted to be the first to bring PFP to the limelight with their famous CryptoPunks venture. Watkinson and Hall are the masterminds behind this idea; they randomly designed thousands of pixelated images that were punky-styled (Punks).



The Punks appeared to have different visual characteristics that made each of them distinct and easily recognizable. This venture was created on the Ethereum blockchain with ERC-20 token standards, albeit with slight modifications. Since then, this initiative and similar other ventures have assisted in making way for a new non-fungible token standard dubbed ERC-721.



The ERC-721 is coded to suit functionalities that distinguish NFTs from other types of crypto tokens. CryptoPunks attained unprecedented prominence in the NFT world, and its community grew to include both regular folk and celebs. Many CryptoPunk holders began using their Punks as profile images, setting the foundation for the PFP NFT craze. The collection has spawned a slew of additional initiatives inspired by it. <a href="https://upyo.com/en/post/nft-avatars">Know more about NFT avatars</a>.



<h3>How do I get my NFT PFP on Twitter?</h3>



Follow the steps below to add your NFT as a profile image:



<ol>
<li>Sign in to your Twitter account.</li>



<li>Go to your profile page.</li>



<li>Click on the &#8220;Edit Profile&#8221; button.</li>



<li>Click on the profile photo icon and select the &#8220;Choose NFT&#8221; button.</li>



<li>Select the appropriate crypto wallet from the list of compatible wallets.</li>



<li>After selecting the wallet option, you will be redirected to your wallet address and prompted to connect your wallet to Twitter.</li>



<li>Once connected, Twitter will ask you to sign a transaction for verification purposes.</li>



<li>After verification, you will be able to see your NFT gallery.</li>



<li>Choose an NFT and resize it to the correct dimensions.</li>



<li>Click &#8220;Done&#8221; to add the NFT as your profile picture.</li>
</ol>



<h2>Top 10 NFT PFP Projects</h2>



<ul>
<li>CryptoPunks:</li>
</ul>



This is one of the most successful Picture for Proof non-fungible token ventures that pioneered the concept of generative art and trait mixtures to date. The 10,000 avatars showcasing apes, zombies, humans, and aliens during its launch were minted for free. This idea is still employed in most other PFP ventures today.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="512" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/A-bug-in-CryptoPunks-1024x512.png" alt="Crypto punks PFP" class="wp-image-2536" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/A-bug-in-CryptoPunks-1024x512.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/A-bug-in-CryptoPunks-300x150.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/A-bug-in-CryptoPunks-768x384.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/A-bug-in-CryptoPunks.png 1400w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Bored Ape Yacht Club:</li>
</ul>



This is the second most successful PFP NFT venture that made its debut in 2021. And in spite of a poor start, the venture&#8217;s value skyrocketed over the next few months. Currently, the initial supporters who grabbed the Ape non-fungible tokens are sitting on a gold mine. Numerous <a href="https://upyo.com/en/nft/collections/boredapeyachtclub">Bored Apes</a>, such as #2087, #3749, #8585, and more, have been sold for millions of dollars.



The BAYC community is widely considered the best part of the entire non-fungible token collection. Ape holders have VIP access to a digital graffiti space known as &#8220;The Bathroom.&#8221; Moreover, owners enjoy perks such as airdrops, giveaways, and other incentives. The BAYC team has extended the collection to include Mutant Apes and Kennel Club dogs.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="630" height="630" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/Timbaland-Bored-Ape-Yacht-Club.png" alt="Bored Ape Yacht Club" class="wp-image-2764" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Timbaland-Bored-Ape-Yacht-Club.png 630w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Timbaland-Bored-Ape-Yacht-Club-300x300.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Timbaland-Bored-Ape-Yacht-Club-150x150.png 150w" sizes="(max-width: 630px) 100vw, 630px" /></figure>



<ul>
<li>Meebits:</li>
</ul>



The Meebits project includes nine thousand pixelated non-fungible token assets. These are a type of 3-Dimensional pixelated artwork. The collection was built on the Ethereum blockchain by Larva Labs, which used ERC-721 tokens for smart contract consensus.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/Meebits-1024x538.png" alt="Meebits PFP" class="wp-image-2034" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/Meebits-1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Meebits-300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Meebits-768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Meebits.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Doodles:</li>
</ul>



The Doodles collection was created by a team of developers with extensive experience in the NFT industry. The collection of ten thousand avatars has quickly become one of the most well-known ventures. Soon after its debut in 2021, this venture quickly became a powerful initiative within and outside the non-fungible token community.



Although the Doodle developers&#8217; decision to corporatize the Discord server before its debut sparked some outrage, community sentiment is improving as many big celebs have embraced the venture.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles-1024x576.png" alt="Doodles PFP" class="wp-image-2688" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles-1024x576.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles-300x169.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles-768x432.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles-1536x864.png 1536w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Clone X:</li>
</ul>



RTFKT, a metaverse fashion brand, and Takashi Murakami, a well-known digital artist, collaborated on Clone X. With statements about multiple Nike connections, this PFP collection of 20,000 unique NFTs has kept the collective non-fungible token community on its toes.



After the initial Clone X profile picture collection auctioned out in November 2021, the venture has grown to include a number of divisional initiatives, including Space Pods and MNLTHs.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="600" height="600" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/Steve-Aoki-Clone-X.png" alt="Clone X PFP" class="wp-image-2772" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Steve-Aoki-Clone-X.png 600w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Steve-Aoki-Clone-X-300x300.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Steve-Aoki-Clone-X-150x150.png 150w" sizes="(max-width: 600px) 100vw, 600px" /></figure>



<ul>
<li>Azuki:</li>
</ul>



Launched at the beginning of 2022 with ten thousand non-fungible tokens, this venture has an anime theme. The initiative aims to build the largest metaverse brand owned by the community.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="611" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-1024x611.png" alt="Azuki PFP" class="wp-image-2032" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-1024x611.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-300x179.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-768x458.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Cool Cats:</li>
</ul>



This collection of 9,999 &#8220;stylistically curated&#8221; non-fungible tokens was launched in 2021. The venture has received wide recognition in the non-fungible token community as a fun and inclusive initiative. Cool Cats PFPs were initially offered for 0.06 ETH each, which was around $150 at the time. However, the price of the NFTs immediately increased to 0.66 ETH (about $1,000) thanks to NFT celebrity endorsements.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/Cool-Cats-NFTs-1024x576.jpg" alt="Cool Cats PFP" class="wp-image-2687" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Cool-Cats-NFTs-1024x576.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Cool-Cats-NFTs-300x169.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Cool-Cats-NFTs-768x432.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Cool-Cats-NFTs.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>World of Women:</li>
</ul>



The World of Women (WoW) venture is a set of ten thousand generative non-fungible tokens and one of the few efforts that put a human spin on the avatar craze. When a portion of the early sale proceeds was dedicated to charity and another portion wisely spent on crypto art, the venture got hand-picked among the non-fungible token community.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-1024x538.png" alt="World Of Women PFP" class="wp-image-2635" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>Moonbirds:</li>
</ul>



This is a collection of ten thousand non-fungible tokens by Kevin Rose, a well-known American internet entrepreneur. Just a few days after its 2022 debut, the venture generated upwards of 100,000 ETH in secondary sales volume. Moonbirds is one of the chart-topping non-fungible token collections of all time.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="762" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/Moonbirds-1024x762.jpg" alt="Moonbirds PFP" class="wp-image-2038" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/Moonbirds-1024x762.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Moonbirds-300x223.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Moonbirds-768x572.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Moonbirds-1536x1143.jpg 1536w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Moonbirds.jpg 1806w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul>
<li>0N1 Force:</li>
</ul>



This set of 7,777 generative side-profile avatars sold up in five minutes during its debut. Following its sale, the resale of these tokens skyrocketed in the following days.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="512" height="512" src="http://adminblog.upyo.io/wp-content/uploads/2022/12/0N1-Force.png" alt="0N1 Force PFP" class="wp-image-2937" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/0N1-Force.png 512w, https://adminblog.upyo.io/wp-content/uploads/2022/12/0N1-Force-300x300.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/0N1-Force-150x150.png 150w" sizes="(max-width: 512px) 100vw, 512px" /></figure>



<h4>Conclusion</h4>



The primary reason for PFP NFTs&#8217; success is their community-based nature. One gains voting rights in the community by displaying the NFTs as your social media profile image. At the same time, PFP non-fungible token ventures encourage active participation in the project&#8217;s decision-making process.



Most PFP non-fungible tokens have a detailed roadmap that helps investors understand what to expect from the project. Moreover, the usability benefits of these crypto PFP tokens, especially for the metaverse, add to their charm. A growing number of PFP ventures are incorporating real-world utilities such as food, game coupons, or tangible toys into their NFTs.

PFP NFT: Top 10 PFP Projects

Everyone has heard of users flipping NFTs for enormous gains. The key to earning big profits in the NFT space is to buy the non-fungible tokens for the lowest price and sell them for a higher price. And the most profitable approach in purchasing non-fungible tokens for a cheap price is to grab them as soon as they are dropped on the venture&#8217;s site. This step ensures that you bypass the price rise that happens once they enter secondary marketplaces.



A new trend in the NFT space is &#8216;NFT Whitelisting.&#8217; In this strategy, projects provide pre-sale minting access to a lucky few pre-approved crypto addresses. Doing so helps prevent fraud and mitigate rising gas fees. Essentially, whitelisting enables non-fungible token ventures to incentivize and reward loyal supporters by providing them with guaranteed slots to <a href="https://upyo.com/en/post/nft-minting">mint a non-fungible token</a>.



<h2>What exactly is a whitelist non-fungible token?</h2>



Basically, an NFT &#8220;whitelist&#8221; is a place confined for someone (typically a dedicated user) to mint the token prior to the public offering. Often, the whitelist determines who gets to mint an NFT in a high-demand project. Whitelist spots are restricted and almost always guaranteed to be minted first. This means that your digital wallet address is eligible to mint an NFT before the general public.



To be whitelisted, one must pursue the NFT venture team&#8217;s defined process to obtain the ETH (or other crypto wallets) address that has been pre-approved. Having your wallet address pre-approved means you can mint an NFT at a predetermined day and time before the collection goes public. This predetermined date and time are established as a time window for whitelisted addresses. However, some initiatives permit whitelisted addresses to mint a non-fungible token within 48 hours, while others may have a shorter or longer time frame.



<h3>How to get on an NFT whitelist?</h3>



<ul><li>Find a project before its launch:</li></ul>



Finding an upcoming NFT project before its launch is the first step of the process. You must carefully sort and identify a project before it becomes popular. Many NFT projects nowadays debut on Twitter or Discord, and share sneak peeks of the NFTs to measure the level of interest. You can also keep track of new and upcoming <a href="https://upyo.com/en/post/nft-calendar-sites">drops on verified NFT marketplaces</a>.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="583" src="http://adminblog.upyo.io/wp-content/uploads/2022/09/What-Are-NFT-Drops-And-Everything-About-NFT-Drops-1024x583.jpg" alt="NFT Drops" class="wp-image-1341" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/09/What-Are-NFT-Drops-And-Everything-About-NFT-Drops-1024x583.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/09/What-Are-NFT-Drops-And-Everything-About-NFT-Drops-300x171.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/09/What-Are-NFT-Drops-And-Everything-About-NFT-Drops-768x437.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/09/What-Are-NFT-Drops-And-Everything-About-NFT-Drops.jpg 1061w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul><li>Follow the project&#8217;s social media accounts and Discord server:</li></ul>



Once you have identified an interesting NFT project, you must follow them on all social and Discord channels. After you have joined their Discord server, go to the &#8220;announcements&#8221; channel and see what they have posted. If it is not listed in announcements, check for a channel called &#8220;whitelist,&#8221; &#8220;allowlist,&#8221; or something similar.



While there is no standard way for projects to structure their Discord channel, most of them have a channel dedicated to whitelists. Your final option is to approach other group members to find out how you can become a part of the whitelist. But, it would be best if you only did this once you have exhausted all other methods.



<ul><li>Fulfill the eligibility regulations to make it on the whitelist:</li></ul>



Every venture will have a distinct whitelisting process, guidelines, or criteria. Most guidelines consist of instructions such as inviting new people to the community, chatting online, winning contests, participating in giveaways, or contributing to fan art. Whatever the instructions are, you will likely make it to their NFT whitelist if you follow them sincerely.



<h2>What happens when you are whitelisted for an NFT?</h2>



When you are whitelisted for an NFT, you get early access to mint the asset once it&#8217;s launched. You can acquire a brand new NFT for a lower price or even get it for free. Being the first ensures that you get to avoid gas wars.



You can select a time of your choice within the timeframe to mint the non-fungible token when you&#8217;re on the whitelist. By doing so, you are ensured to get significant space between transactions. As a result, there&#8217;ll be reduced gas costs in addition to less network congestion and competition.



Gas wars occur when many NFT buyers (or bots) attempt to mint NFTs simultaneously, causing a spike in gas prices. When new NFT projects go viral, competitive collectors rush to mint the NFT before the available quantity runs out. Most of them are ready to shell out more money to prioritize their transaction over others.



Upcoming NFTs can avoid gas wars by



a) whitelisting, which restricts minting to pre-approved wallets



b) pre-sales, which divides the minting process into smaller batches



Here are the benefits of whitelisting NFTs:



<ul><li>Incentivize early supporters:</li></ul>



Whitelisting is an excellent technique to entice NFT influencers to promote a project to their audience without incurring enormous upfront marketing costs. The backers are impelled to engage in the venture and also spread the word about the venture.



<ul><li>Reduced fraud:</li></ul>



It also creates greater transparency and reduces fraud. Whitelisting prevents unverified wallet addresses from accessing the NFTs and significantly decreases the defrauding behavior. This is because the purchasers must fulfill the whitelist eligibility requirements before they can access the non-fungible token pre-sale.



Furthermore, limiting the mint period will discourage the fraudsters from wanting to dominate the venture&#8217;s non-fungible token market.



<ul><li>Reduced transaction fees:</li></ul>



Because all transactions will be initiated through verified accounts, the overall transaction cost is lower when compared to a public sale. With only verified users allowed to attend the pre-sale, the efficiency of the minting process enhances. Each transaction is completed faster than on other blockchains, where everyone can access it at any moment.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/12/Gas-Fees-1024x538.png" alt="NFT Whitelist" class="wp-image-2933" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/12/Gas-Fees-1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Gas-Fees-300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Gas-Fees-768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/12/Gas-Fees.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3>What is pre-sale NFT?</h3>



Pre-sale NFTs, or token pre-sale, are opportunities for loyal investors or community members to obtain NFT at a lower price before its official commercial launch. It is the process of opening the minting process to the members or early supporters of an NFT project before the formal launch, typically through a whitelist or a mint pass.



NFT collectors can use their mint passes to <a href="https://upyo.com/en/post/nft-auctions">purchase an NFT at the public auction</a>. The mint pass is carried out by &#8220;burning,&#8221; which generally means shifting an NFT to a stipulated crypto wallet, so the collector is unaffected by fluctuations in gas fees.



NFT initiatives can benefit from pre-sale to gauge interest in their projects. If whitelist spaces fill quickly, it&#8217;s usually a sign of a successful launch, though it doesn&#8217;t always ensure the NFT&#8217;s long-term viability. Furthermore, full whitelists foster FOMO and momentum for public sale among many other NFT collectors who were not whitelisted.



Low or slow whitelist signups, in contrast, may imply that the projects&#8217; vision, community, and the product itself need to be improved. Alternatively, the market may be in the middle of a bear cycle. In any case, it helps NFT projects better time market debuts.



<h4>Conclusion</h4>



With all of the developments in the crypto and Web3 spaces, NFTs are here to stay. Numerous crypto enthusiasts believe that NFTs will not only add a new dimension of experience to the gaming sector but will also open the way for a new class of corporate applications in the near future. Therefore, if you want to jump on the bandwagon, now is the time. 



Understand that getting on an NFT project&#8217;s whitelist takes some effort. However, the fruits of your labor may allow you to mint a non-fungible token and sell it for a substantial profit margin. It is possible to make thousands of dollars in a matter of days by investing some time and a small amount of money.

Whitelist NFT: What is it? How to be on it?

Conventionally speaking, &#8220;blue chip&#8221; refers to those companies or assets that are regarded as safe and good options for investing in the stock market. Since the rapid growth of the non-fungible token market in 2021, a few projects, such as Cryptopunks, MAYC, BAYC, etc., have surged in value exponentially. Thus, market observers have begun to refer to these ventures as &#8220;blue chip&#8221; non-fungible tokens. This is because they hope that the high returns of these ventures will last for the long term.



Non-fungible token market investors are keen to analyze and identify the industry’s next blue-chip ventures.&nbsp;However,&nbsp;because of the fledgling nature of the non-fungible token sector, only a handful of ventures can yet be viewed as a&nbsp;&#8220;blue chip.&#8221;&nbsp;With so many new projects being launched consecutively within a short period, the market is highly volatile and unpredictable.



<h2>What is a blue-chip non-fungible token?</h2>



A blue-chip NFT is a non-fungible token that is a stable token that is well-known, firmly established token and also viewed as a perfect choice long-term investment.&nbsp;Blue-chip non-fungible tokens are also assumed to be a safer investment than others, with a track record of consistent development (growth) and value creation.



The&nbsp;word &#8220;blue chip NFT&#8221; arrives&nbsp;from physical finance.&nbsp;In the real world, a blue-chip bet, stock, bond, or other asset is one in which you can invest for the long term because you will receive consistent returns on your investment for several years.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="800" height="533" src="https://adminblog.upyo.io/wp-content/uploads/2022/11/Blue-Chip-Stocks.jpg" alt="Blue Chips" class="wp-image-2882" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Blue-Chip-Stocks.jpg 800w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Blue-Chip-Stocks-300x200.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Blue-Chip-Stocks-768x512.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></figure>



Similarly, blue-chip NFT refers to a crypto token you can invest in confidently.&nbsp;The lure or value of the non-fungible token is unlikely to disappear anytime in the near future among crypto audiences.&nbsp;Instead, it will only get better with&nbsp;time as they&nbsp;have the potential to provide long-term returns on investment.



It is speculated that investment in these types of ventures will lead to good returns if the investor sells them in the future.



For instance, Bitcoin (BTC) and Ethereum (ETH) are regarded as blue chips in the crypto world. Bitcoin is the most well-known cryptocurrency, and despite its unpredictable price, it has managed to retain an increasingly high worth over the last 12 years. Despite network congestion, the value of Ethereum has increased dramatically. It is expected to remain popular as <a href="https://upyo.com/en/post/top-nft-websites">the primary platform for NFTs</a> for many years to come.



<h3>What makes a blue-chip NFT &#8211; Evaluation factors</h3>



<ul><li>The Art:</li></ul>



Art is the most important thing for a blue-chip non-fungible token venture. The non-fungible token ecosystem rewards artwork aesthetically in the same way that the conventional market does. The art style employed by a project can have a major impact on the project&#8217;s success.



For example, CryptoPunks first popularized the pixel art style. Today, many projects such as Cyberkongz and Cryptoadz have replicated the art style, making pixel art projects prevalent in the field.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="640" height="320" src="https://adminblog.upyo.io/wp-content/uploads/2022/11/Cyberkongz-Blue-chips-2.png" alt="Cyberkongz " class="wp-image-2884" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Cyberkongz-Blue-chips-2.png 640w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Cyberkongz-Blue-chips-2-300x150.png 300w" sizes="(max-width: 640px) 100vw, 640px" /></figure>



While art is subjective, creators and artists who use unique styles to create their collections are more revered than the rest. One of the reasons behind Beeple&#8217;s extraordinary NFT success is its originality and the fact that these works of digital art took years to make.



Investors always pay attention to the quality, aesthetics, and process behind making an NFT. Therefore, there are very few blue-chip projects In the market.



<ul><li>The Artist &amp; The Brand:</li></ul>



&#8220;Bet on the artist&#8221; is a trending phrase in the NFT space nowadays. The creators/artists of the NFT collection are the project&#8217;s face and flag bearers. Their reputation and credibility have a significant impact on the project&#8217;s success.



Gary&nbsp;Vaynerchuk&nbsp;and his VeeFriends NFT venture&nbsp;is one such example. Vaynerchuk initially gained prominence&nbsp;as the &#8220;wine guy.&#8221; He founded his own media company, VaynerMedia, employing over 1,000 people.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="512" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/VeeFriends-1024x512.jpg" alt="VeeFriends blue chips" class="wp-image-1873" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/VeeFriends-1024x512.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/10/VeeFriends-300x150.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/VeeFriends-768x384.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/10/VeeFriends-1536x768.jpg 1536w, https://adminblog.upyo.io/wp-content/uploads/2022/10/VeeFriends.jpg 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



A blue-chip NFT brand is well-known and appreciated among the general public. They are noted for evolving and adapting to new trends, particularly those that are culturally relevant at the time.&nbsp;Some non-fungible token ventures, such as CryptoPunks, have achieved blue-chip status merely by being among the first to enter the sector.



Moreover, brands that frequently give back to social causes and the community enjoy goodwill among their followers.&nbsp;This is one of the reasons why investments in these tokens are regarded as good long-term investments.



<ul><li>The Developers &amp; The Utility:</li></ul>



The development team associated with the collection is just as significant (if not more so) than the artist. That&#8217;s because the developers are in charge of writing the<a href="https://upyo.com/en/post/nft-smart-contract"> code for the smart contract</a> that generates the non-fungible token and its utility features.



However, the expertise and track record of a development team is critical when determining the value of their work.



Furthermore, NFT use cases have evolved beyond the simple digital content found on the blockchain network. Many initiatives have added utility features to create a frenzy and ensure the project&#8217;s long-term viability. Special airdrops, access to the latest non-fungible token releases, exclusive apparel, invites to real-life events, and other benefits are among the use cases projects provide holders.



<ul><li>The Floor Price &amp; The Sales Volume:</li></ul>



The floor price of a collection is another great indicator of whether it is a blue-chip or not.&nbsp;The higher the floor price of a non-fungible token, the more valuable it is.&nbsp;Good sales volume also leads to a higher floor price because it implies that the project has natural growth in the market.



For example,&nbsp;BAYC or CryptoPunks are blue chips due to their impressive sales volume and great floor price.



<ul><li>Celebrity Endorsements:</li></ul>



Early celebrity endorsements can either make or ruin a project. Non-fungible tokens promoted by famous figures such as Snoop Dogg, Steph Curry, Reese Witherspoon, and Jimmy Fallon have done incredibly well. Their involvement can help a venture become a blue-chip venture. Find out more about <a href="https://upyo.com/en/post/celebrity-nft">celebrity NFT owners</a>.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="919" height="469" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/Snoop-Dogg.png" alt="NFT blue chips" class="wp-image-2775" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Snoop-Dogg.png 919w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Snoop-Dogg-300x153.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Snoop-Dogg-768x392.png 768w" sizes="(max-width: 919px) 100vw, 919px" /></figure>



<ul><li>The Community:</li></ul>



Community is another good predictor of a venture’s potential to gain blue-chip status. The larger and more active an NFT community, the brighter the project&#8217;s future.&nbsp;A community can also provide great service, as some projects like BAYC, offer exclusive entry and other perks to its non-fungible token holders.&nbsp;NFT communities also act as a portal where people with shared interests meet.



<h3>How do I know if I have blue-chip NFTs?</h3>



Keeping the attributes mentioned above in mind, you have to do extensive research to identify blue chip NFTs. A potential blue-chip NFT project will have a healthy community following. The projects with the highest level of participation are usually the most successful. Owning an NFT is far more than just possessing a work of art; it entails being part of an online social sphere that shares a positive culture and interests.



Moreover, buying digital assets from famous artists like Beeple, Pak, Tyler Hobbs, Dmitri Cherniak, etc., can guarantee a high return on investment. These popular artists are highly sought after and garner immense influence in the NFT space. Therefore, you can expect their work of art to be valuable in the future.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="976" height="549" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/5000-Days-1.jpg" alt="beeple blue chips" class="wp-image-2546" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/5000-Days-1.jpg 976w, https://adminblog.upyo.io/wp-content/uploads/2022/11/5000-Days-1-300x169.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/5000-Days-1-768x432.jpg 768w" sizes="(max-width: 976px) 100vw, 976px" /></figure>



<h2>Top 5 blue chip NFT ventures</h2>



<ul><li>Bored Ape Yacht Club (BAYC):</li></ul>



This is a collection of ten thousand-pixel avatars launched by Yuga Labs in 2021. The series basically features an ape with a bored expression. Each of these tokens are generated randomly with distinct qualities and accessories peppered with different colors and themes.



So, one can say each ape in this collection is distinct and possess great value in the market. The success of this series can be majorly attributed to the celeb endorsements and also the perks given to their members. Stephen Curry, Tyrese Halliburton, LaMelo Ball, and others of the famous owners of BAYC NFT.



Furthermore, by acquiring a Bored Ape non-fungible token, owners can access other non-fungible token collections launched by Yuga Labs. The collection has a high resale value, enabling the owners to earn substantial profits. And lastly, BAYC holders enjoy perks such as VIP access to &#8220;The Bathroom Wall&#8221; (a digital graffiti wall), airdrops, and <a href="https://upyo.com/en/post/nft-gifts">free NFT giveaways</a>.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="930" height="558" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/Bored-Ape-Yacht-Club.jpeg" alt="Bored Ape Yacht Club" class="wp-image-2021" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/Bored-Ape-Yacht-Club.jpeg 930w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Bored-Ape-Yacht-Club-300x180.jpeg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Bored-Ape-Yacht-Club-768x461.jpeg 768w" sizes="(max-width: 930px) 100vw, 930px" /></figure>



<ul><li>CryptoPunks:</li></ul>



CryptoPunks are among the most expensive NFT projects available today. The collection is a set of 10,000 NFTs that consist of 24&#215;24 pixel art images of predominantly punky-looking figures with unique traits. The project also has other figures, such as apes, zombies, and aliens.



Since its inception, the CryptoPunks platform has seen almost $2 billion in transaction volume. The high worth of CryptoPunk could also be attributed to the fact that it is one of the oldest NFTs, making it an OG with socio-cultural significance.



The CryptoPunks metadata, which includes the NFT&#8217;s name, description, attributes, and link to the stored image, is on the Ethereum blockchain. This metadata shows the collection&#8217;s incredible longevity, thereby adding to its appeal. CryptoPunks have simply become a social status symbol because very few people own them or can afford to buy them.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="512" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/CryptoPunks-1024x512.png" alt="CryptoPunks blue chips" class="wp-image-2052" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/CryptoPunks-1024x512.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/10/CryptoPunks-300x150.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/CryptoPunks-768x384.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/10/CryptoPunks.png 1400w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul><li>World of Women:</li></ul>



World of Women is a community dedicated to promoting representation, diversity, and equitable opportunities for all in the world of Non-Fungible Tokens (NFTs). Yam Karkai, the project&#8217;s leader, developed the NFT World of Women&#8217;s first-ever collection all by herself. It was initially released on July 27, 2021. The WOW platform has grown to a 9-member staff since its inception.



The WoW collection is a compilation of 10,000 photos of varying rarity that are generated at random. These 10,000 NFTs, which reside on the Ethereum blockchain as RC-721 tokens, may only be purchased with Ether.



WoW has risen to the top of the NFT list, commanding a 9 ETH (about $25,000 – $30,000) floor price on secondary marketplaces. The project has benefited from the promotion of actress Reese Witherspoon, whose media business Hello Sunshine joined with the World of Warcraft initiative in February 2022.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-1024x538.png" alt="World Of Women blue chips" class="wp-image-2635" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-1024x538.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-300x158.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women-768x403.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/World-Of-Women.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul><li>Azuki:</li></ul>



Azuki non-fungible tokens first appeared in the metaverse at the beginning of 2022, when a group of four individuals in Los Angeles released 8,700 Azuki non-fungible tokens for sale.&nbsp;The anime-style characters were dubbed Azuki&#8217;s and were initially priced at $3,400.&nbsp;In a probably unique and possibly historic event, all 8,700 NFTs were out in less than four minutes.&nbsp;The sale was one of the most instantaneous $29 million deals in the history of mom-fungible token launches.



The most expensive tokens in this collection were fetching roughly a half-million dollars just a month after its launch.&nbsp;The current floor price for an Azuki NFT stands at 9.3 ETH ($23,904).



The Azuki NFT has already outsold some of the older, more popular tokens, such as the BAYC and CryptoPunks. Some investors think the Azuki collection is prominent due to its high quality. Others, however, presume that the complex filters provided in the gallery on Azuki&#8217;s website to categorize NFTs by criteria such as facial expressions, hat type, and so on&nbsp;make them a valuable investment.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="611" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-1024x611.png" alt="Azuki blue chips" class="wp-image-2032" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-1024x611.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-300x179.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs-768x458.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/10/Azuki-NFTs.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<ul><li>Doodles:</li></ul>



Doodles NFT Project has amassed some remarkable feats since its launch. Many NFT Influencers refer to it as a formidable blue-chip project in the NFT space. The collection, which consists of 10,000 generative NFTs, was sold out in the first hour of its release.



The Doodle project has already generated a total lifetime volume of 12,200 ETH, or nearly $50 million. Furthermore, the floor price has risen to 1.889 ETH, compared to the initial mint price of 0.123 ETH. This implies a 15x increase in a short time, which is remarkable given the market&#8217;s recent downturn. The NFTs are also distributed across 4,000 owners, indicating a fair distribution supported by an exceptional sales volume.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="http://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles-1024x576.png" alt="Doodles blue chips" class="wp-image-2688" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles-1024x576.png 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles-300x169.png 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles-768x432.png 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles-1536x864.png 1536w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Doodles.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4>Conclusion</h4>



The NFT world is still in its infancy, with only a few projects earning the &#8220;blue chip&#8221; moniker. More blue-chip NFTs will almost certainly emerge as the NFT market matures, especially with the expansion of the metaverse and new NFT use cases. So, if you are considering investing in a blue-chip NFT, spend some time in the market and conduct your own research. Otherwise, you risk making the wrong investment or falling prey to fraud.

Blue Chip NFTs: What are they?

NFT Auctions: What are they? How do they work?

Blockchain

We have seen an extraordinary rise in gas fees ever since the rise of non-fungible tokens. In addition to this boom, blockchain network congestion has led to significant fluctuations in gas fees. The hike in the gas fees has a huge impact on creators, especially the newbies. Budding artists usually are short on funds and cannot pay the fees if the gas costs are high.



As a result, many users are experimenting with a technique known as &#8216;lazy minting&#8217; to compensate for the higher gas fees.



By utilizing lazy minting features across multiple marketplaces, creators can avoid paying a gas price for minting their non-fungible tokens. Lazy minting made its debut near the end of 2020. Top-tier marketplaces like <a href="https://upyo.com/">UPYO</a>, OpenSea, and Rarible quickly embraced it.



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="611" src="https://adminblog.upyo.io/wp-content/uploads/2022/11/Lazy-Minting-NFT-1024x611.jpg" alt="NFT lazy minting" class="wp-image-2798" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/11/Lazy-Minting-NFT-1024x611.jpg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Lazy-Minting-NFT-300x179.jpg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Lazy-Minting-NFT-768x458.jpg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/11/Lazy-Minting-NFT.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2>What exactly is Lazy Minting?</h2>



It is already known that minting non-fungible tokens on a network like Ethereum can be costly when gas costs are high. Thus, creators are obliged to pay excessive fees to mint their digital artwork into non-fungible tokens. In many cases, owners lose money even after an NFT asset sells due to the incredibly high costs associated with minting the NFT. In this scenario, lazy minting offers an alternative option for the users.



In this process, a non-fungible token is accessible outside the blockchain (off-chain) and is minted only when it gets sold. This means the creator or seller does not pay gas fees to <a href="https://upyo.com/en/post/nft-minting">mint their non-fungible token in advance</a>. Instead, the gas costs are collected once the non-fungible token has been acquired and transferred on the blockchain (on-chain).



Accordingly, the gas fee is paid after a non-fungible token work is acquired and transferred to a new owner. Thus, the obligation to mint non-fungible tokens falls on purchasers rather than creators.



The perks of lazy minting are as follows:



<ul>
<li>Decreases the influence of increased gas fees-&nbsp;Creators can integrate the gas costs into their pricing structures to mint non-fungible tokens after the sale. Doing so negates the effects of high gas costs on creators/sellers.</li>



<li>Lowering the entry barriers-&nbsp;the hindrance levied by increased gas costs to mint tokens gets reduced for creators, thus facilitating a smooth entry to NFT space.</li>



<li>Improved liquidity-&nbsp;Promotes and improves liquidity because non-fungible tokens can only be transferred after they have been sold. This prevents creators from hoarding unsold minted tokens and purchasers from having to wait indefinitely for the non-fungible token to be sent to their collection.</li>
</ul>



<h3>What is the Work Process of Lazy Minting?</h3>



Lazy minting is a fairly simple procedure. Here is how you can use the lazy minting feature on UPYO:



<ul>
<li>Go to the &#8220;Create&#8221; option on the right side of the screen and click on it.</li>



<li>Choose &#8220;Create Single&#8221; for a single asset or &#8220;Create Multiple&#8221; for multiple copies.</li>



<li>Upload your file and fill in all the fields under &#8220;Item Details.&#8221;</li>



<li>Turn on the &#8216;Free Minting&#8221; button.</li>



<li>Select the type of sale- &#8220;Fixed&#8221; or &#8220;Auction.&#8221;</li>



<li>Enter the price of the asset.</li>



<li>Choose &#8220;Create Collection&#8221; to build a new collection. Or click on &#8220;UPYO Collection&#8221; to add to an existing collection.</li>



<li>Click on the &#8220;Create&#8221; button.</li>



<li>Approve and confirm the MetaMask transaction.</li>



<li>The NFT will be put for sale on the UPYO marketplace.</li>
</ul>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="652" src="http://adminblog.upyo.io/wp-content/uploads/2022/10/upyo-1100x700-1-1024x652.jpeg" alt="free minting" class="wp-image-1979" srcset="https://adminblog.upyo.io/wp-content/uploads/2022/10/upyo-1100x700-1-1024x652.jpeg 1024w, https://adminblog.upyo.io/wp-content/uploads/2022/10/upyo-1100x700-1-300x191.jpeg 300w, https://adminblog.upyo.io/wp-content/uploads/2022/10/upyo-1100x700-1-768x489.jpeg 768w, https://adminblog.upyo.io/wp-content/uploads/2022/10/upyo-1100x700-1.jpeg 1100w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3>How Much Will be the Lazy Minting Fee?</h3>



Lazy minting is free; however, platforms do charge a minting fee in the form of a commission from the maker, buyer, or both. The NFT minting charge in each NFT marketplace will be different and have a separate lazy minting mechanism. Several criteria, including data quantity, project quality, transaction speed, and others, influence the price of gas fees in the non-fungible token minting process.



Below are the fees charged by various marketplaces for NFT transactions:



<ol>
<li>UPYO charges a 2.5 % commission rate (to the seller)</li>



<li>Rarible charges a 2.5% commission rate (to both buyer and seller).</li>



<li>SuperRare charges a 3% commission rate for every purchase.</li>



<li>Nifty Gateway charges a 5%+ $0.30 commission for every secondary sale.</li>



<li>Foundation charges a 15% commission rate for every sale (paid by the seller).</li>
</ol>



<h2>Which is better: Lazy or Paid Minting?</h2>



Paid minting, similar to lazy minting, is the process of converting digital files into non-fungible tokens. In this process, a unique token is published on a blockchain network that converts the file into an NFT asset. Once the asset is successfully minted on the blockchain, the asset will become a part of the public ledger and becomes immutable. Therefore, anyone can verify the ownership and authenticity of the NFT through its unique token.



Minting NFTs requires massive amounts of energy. Miners incur large electricity bills due to solving complicated problems to add new blocks to the blockchain ledger. Consequently, creators are charged a gas fee.



The gas fee incentivizes miners to enter crypto transactions onto the blockchain network. In some circumstances, the gas fee will be determined by how quickly you want the NFT minting process to be completed. Thus, one can say that a fast mining process results in increased gas fees.



Since lazy minting redirects the minting cost to purchasers, it&#8217;s a better alternative for non-fungible token creators. It means they can sell their NFTs on a marketplace for free. The fee for gas will be estimated in GWEI, which is nothing but the gas unit. One GWEI is equivalent to 0.000000001 ETH. The minimum amount of gas required to conduct network transactions is 21 thousand.



<h4>Conclusion</h4>



The recent increase in the number of NFT transactions on the blockchain <a href="https://upyo.com/en/post/nft-gas-fee">impacts the gas fees</a> that non-fungible token creators must pay. The excellent thing is that lazy minting is now freely available for non-fungible tokens. Lazy minting is a thriving trend in the NFT sector, with numerous benefits for creators and sellers.



It removes the advance fee payment of minting non-fungible tokens, making the process more cost-effective and accessible to new digital creators. Furthermore, the advantages of lazy minting aren&#8217;t limited to artists and developers. It removes redundant power-hungry transactions from the blockchain, as only sold non-fungible tokens can be minted.