We are living more and more increasingly in a digital landscape, and NFTs become assets to communicate who you are,
As quoted by a very NFT enthusiast Gary Vee.
I remember I bought the Enjin coin, an NFT erc20 token built on the ethereum network back in December 2020.
I did deep research on this, “what the heck is NFT?” and my journey to the NFT realm began from then.
After learning about NFTs and their potential use case and how they could solve some complex issues faced by businesses and everyday real-world problems, it also amazed me how an artist can secure their digital piece of art and make it more personalized to own.
So after learning about NFTs and seeing NFTs selling for millions of dollars, I stumbled upon the question, “ What type of NFT sells best?”
So here are those best, and for sure, this post will be updated regularly with a new list as I discover new ones as soon.
1. ART
Digital Art is the most popular form of NFT out there right now. Which art is also the type of NFT that sells the most.
Most of the highest-selling NFTs are digital art. The biggest sale of single NFT artwork is of “Everydays” pricing $69.3b million by Beeple. Following the success of the Everydays, many other arts, such as “Crossroad,” sold for $6.6 million by Beeple, “Ringers” sold for $7.1 million by Dmitri Cherniak
I have observed; that as a digital artist, if you can build a great community and a great project with a great story behind the project, your NFT can sell millions.
Bored Ape Yacht Club is valued at over $2.9 billion. This is all because of their active community.
As a digital artist, you can make short video art and gif that can sell upto millions..
2. Music
Artists releasing their music and album as NFT project is also quite interesting. As this allows music artists to make more profit than is otherwise, most of the cuts are shared between labels and streaming platforms, leaving much less to artists.
This also gives power to fans to support their favorite artist, and artist can fund their music on their own, cutting off the middleman.
3. Video Games Items
Video game character skins and emotes are worth a billion. This makes it apparent that the demand for new in-game characters’ skin and in-game items are not going anywhere soon.
With the introduction of Web3.0 and Metaverse, online gamers need skins that can be made by an artist in two ways making limited edition skins available that can be used by all and the unique NFT skins that can be owned by only a single owner at a time, increasing its value on the in-game secondary marketplace.
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4. Big Sports Moments
NFTs offer something that doesn’t really have a physical equivalent: memorable sports moments. These are short clips of significant moments in sports history, like groundbreaking slam dunks or game-changing touchdowns. These clips can be as short as 10 seconds but sell upwards of $200,000
5. Memes
Now you can buy and trade memes on the NFT marketplace; welcome to the Web3.0.
In most cases, a character in the meme is the one who sells the meme on the NFT marketplace.
You might hear of Nyan Cat, Bad Luck Brian, Disaster Girl, and others. These are the memes that sold for between $30,000 and $800,000. The most valuable meme NFT sale to date is the Dog meme, which sold for an eye-popping $4 million.
6. Domain Names
From my perspective, domain names are the first of their kind digital NFT because they can have one owner at a time, and no one can own them except you.
You can register a domain and sell it on the NFT marketplace. Selling a domain as an NFT has its benefits, as you don’t need to pay a middleman to manage your domain name.
7. Virtual Fashion
If there is a Metaverse, there will be a virtual character, and if there is a virtual character, there will be a need for fashion.
People will pay for those high fashion virtual denim jeans. Because someone has invested $4 million for a dog meme. The big fashion brand has already started creating their own fashion NFTs, such as NIKE, and Tommy Hilfiger, so the sky is the limit.
8. Miscellaneous Online Items
The categories mentioned above are easy to define and explain, but as NFT is still in its early stage, there many possibilities or ways anyone can sell anything as a digital asset by converting it into NFT.
After Jack Dorsey, Co-founder of Twitter, sold his world’s first tweet for $2.9 million. This has raised a question, so perhaps you can sell your WhatsApp story, Instagram highlights, and Facebook profile as an NFT.
One thing that will always beat all the other categories is that “people will pour their hard-earned into the hype.”
So if you can generate hype about your NFT project or art, you can be a successful NFT artist.
If you think is there other form of NFT that one can produce do let share with the community.
If you found this article helpful, an NFT follow do a lot. And I’ll try to continue to post more often.
