Best NFTs to Invest In

Investing in a good asset is a sure-shot way to grow your money. You can invest in physical and virtual assets. Today, we will discuss about what are the best NFTs to invest in 2024. For those who don’t want to invest, you can try play to earn crypto games.

Before the dawn of digital assets, people used to invest in physical properties such as land, paintings and bonds. However, with the rise of digital assets like cryptocurrency and NFT, most investors have started investing in new forms of investments that are projecting an upward trajectory in the future.

This article will discuss everything you need to know before investing in NFTs. We will disclose the list of best NFTs to invest in and the best website to buy NFTs from.

We have also provided information on NFTs recently purchased and promoted by celebrities and are on the road to reaching new heights in the future.

If you are new to all this, do not worry, as we will start by covering the basics of NFT by answering the burning question ‘what are NFTs?’.

Our team of experts has invested time in finding the top NFTs to invest in, so keep on reading below to broaden your horizon about NFTs and to know if NFTs are a good investment or bad.

What are NFTs?

NFT, short for non-fungible tokens, has been the talk of the town for the past couple of years. However, if you are new to cryptocurrency (read more about crypto staking) and blockchain, you might not know much about NFTs.

Worry not, as we will clear all your doubts. NFTs are non-fungible, simply put, there is only one in the world. For example, the Euro is a printed and regulated currency you can exchange for a product.

If you buy one Euro by spending one Euro, you will get the same paper note which means the Euro is fungible. However, with NFTs, you can not get the same NFT by exchanging. Therefore, their value grows more and more as they are rare as diamonds.

If you are a jewelry enthusiast, then you may know that no naturally formed diamonds are the same, and that’s why they have such a huge price tag. NFTs can be anything from pictures, music, video, text messages, etc.

In short, you can turn any unique digital copy into an NFT. You might be wondering how they make sure that it’s the unique copy in the world. If it’s digital, can anyone make a copy of it? The answer is hidden in blockchain technology, which creates NFTs.

Blockchains are advanced databooks that are distributed to multiple nodes in a network for safekeeping. The databooks are called the blocks, which you can edit only once; therefore, you can only read all the information you save on these blocks afterward. That is the reason why blockchain networks are so secure.

When one block of data is filled with information, it gets attached to a chain, and a new block will open for saving information.

Digital art NFTs are the most trending NFTs to buy. You may have read the news that celebrities spent millions buying odd-looking pictures. We will discuss this later on in the article.

The concept of NFTs became more interesting when Facebook and some other companies notified the world that they were working on a virtual world. Using blockchain technology, people can now buy pieces of land, decorate their virtual home with NFT drawings, buy a yacht, and so on.

It is one of the top NFTs to invest in, as there are millions of ways you can earn from this. For example, you can buy a piece of land in the virtual world and put up advertisements to earn passive income.

NFTs vs. Real Items

By now, you have a general understanding of NFTs. NFTs are nothing but digital assets, which are one of a kind. Of course, you can also buy assets in the real world, which can be unique, but this begs the question, why should you prefer NFTs over real-world items?

As mentioned earlier, the best NFTs to buy are probably virtual land and assets that may rise in price or provide you with a source of income. However, the same applies to real-world items like a real piece of land or an actual portrait. These are also sure to go up in value like the NFTs.

The primary benefit of buying an NFT over a tangible item is its volatility. The volatility of an NFT is very high, which means an image you buy for 50 Euro can become 500 Euro overnight! In short, you can earn massive profits quickly.

A piece of land in your neighborhood may take a few decades to double its price, but if you purchase a piece of land using NFT in a virtual world, you can double the costs within a month.

However, what may rise can easily fall. It is true that the prices can go down and sometimes even to zero. However, the prospect of gain here overweighs the losses. So, security is another reason why you should look for the best NFTs to invest in right now.

Imagine you are an art enthusiast and like to collect different items. For example, if you were to buy an expensive painting, you would require a special place to store it.

Also, you would need to put up security measures to keep it safe and regular maintenance so that the environment does not harm your precious collectibles.

On the other hand, if you come across a good NFT to invest in, which is a great painting you like, you will be free from the expenses mentioned earlier.

All NFTs are secure with blockchain technology. So you can easily showcase your NFT without fearing it getting stolen or spending money on its storage. That’s why seasoned investors are looking for the best way to invest in NFT.

If you, too, are considering NFTs as the future of significant returns investments, we would like to introduce you to the list of best NFTs to invest in 2024.

Best NFTs to Invest in 2024

Below we have discussed some of the fastest growing and popular NFTs in the market which are believed to be the best investment by experts.

Axie Infinity

When discussing the top NFTs to invest in, how can we ignore Axie Infinity, one of the most popular game-based NFTs in the world? Created by indie studio Sky Mavis, Axie Infinity is a video game based on blockchain technology. You can also buy unique in-game characters and have them compete against other players.

The digital art NFT, sold on Axie Infinity, are very adorable yet remarkable game characters with definite characteristics that set them apart from all other characters. There is only one of its kind available in the game, which makes the concept very amusing.

The main reason Axie Infinity has been marked as the best NFT to invest in is the rise of games and the sense of fashion inside a game. Games are now not limited by the tag of entertainment.

It is a hobby and also a source of income. Many professional gamers earn millions. Moreover, having in-game characters, dresses, and accessories has become a fashion trend, and people have been dedicated to buying unique ones with real money.

In other games, when you buy an in-game accessory, it’s never guaranteed that the company will not award the same thing to someone else as a prize or sell it in the store. Therefore, you can not say that you hold the unique game item.

However, Axie Infinity solves this problem by selling you in-game NFTs, which are unique. Experts believe Axie Infinity is the best NFT crypto and will surely grow big soon.

The good news is that Axie Infinity NFTs are considered the best cheap NFTs to buy. This is because the average cost of purchasing an Axie Infinity NFT is around EUR 34. If you are new to this, this is the cheap NFT to buy and start your NFT collection.

Cryptopunks

Cryptopunks is a popular NFTs to buy. It was built on the Ethereum blockchain. The hero of the NFT news these days, Cryptopunks is a 24×24 pixel art image generated using a unique algorithm. These tiny images contain the attributes of human males and females and sometimes wild animals too.

You can find these NFTs representing the funky art style where the image is added with a smoking man or woman, bored face, wearing a weird mask, etc.

Silks

Do you love horses and everything revolving around horses like the stables, race tracks, etc.? Then you will love Silks NFT as it revolves around horses. The silks NFT is an avatar in a race suit riding a racehorse. The silks NFT is new in the market, yet they are doing quite well.

Therefore, experts believe that Silks NFT will bloom in the future. As a result, Silks NFT is the best NFT art to invest in.

Fly Fish Club

Fly Fish Club (FFC) is an invitation type of NFT, the only one in the world. Unique to its kind, Fly Fish Club NFT can be bought to access private restaurants and parties and enjoy a life hidden from ordinary folks. These NFTs are considered top NFTs to invest in for business tycoons and wealthy persons.

Soul of Nature

Soul of Nature NFT proposes a unique opportunity for you to be reborn into an animal. You can nurture the NFT animal you buy in a virtual world, and with time as the animal grows, you will be able to earn free cryptocurrencies.

There is no doubt that Soul of Nature is the best NFT crypto you can buy.

Autograph.io

Launched in 2021, Autograph.io is an NFT that brings forward a unique idea of making experiences an NFT.

Autograph.io NFT is on our list of the best NFTs to buy because of its distinctive thoughts and the names attached. They plan to combine the experiences from the fields of sports, entertainment, and culture to create unique digital collections. Famous personalities such as Tiger Woods, Tom Brady, and more are associated with the program.

How to Buy NFTs?

Buying NFTs is not as easy as you might think, as there are complex matters you need to understand first. But worry not, as we will explain it to you in a straightforward method.

As mentioned, all NFTs are based on blockchain technology, and most of the NFTs in the market are based on Ethereum (read about Ethereum staking). Therefore, before looking for good NFTs to invest in, you need to buy some Ethereum.

To buy Ethereum, you need to sign up with a crypto exchange where you can buy and sell cryptocurrencies. Then you need to sign up with a crypto wallet where you will hold your Ethereum for the time being.

Then you can buy some Ethereum, the best NFT coin to buy from the exchange, and store it in your wallet. You can keep your cryptocurrency in an online or an offline wallet, like a Pendrive or a hard drive.

Now, sign up at an NFT marketplace and connect it with your crypto wallet for smoother transactions. Now start browsing the marketplace to find the best NFT to invest in.

You should know that NFTs these days are available in various shapes, sizes, types, and forms. It can be anything from an image to a sticker to a video.

Carry out some thorough research and buy only the top NFT to invest in. However, if you already have names for the top NFTs to invest in your mind, then go ahead and buy them.

There is another more straightforward and arguably best way to invest in NFTs. That is by buying from Axie Infinity, a game and a marketplace for NFTs. However, they only sell one type of NFT, which might be something you are not looking for.

Sticking to the NFT marketplace to find the best NFT crypto to invest in is a wiser choice for some.

Best NFTs to Invest In: Celebrity Edition

Celebrities are well known for their extreme purchases; and nowadays, buying NFTs is in fashion. Therefore, celebrities too are looking for the best NFTs to invest in.

Big names from Hollywood, NBA, Football, and other industries have bought a lot of NFTs, and you should know that these were not cheap NFTs, but some of them cost millions of euros.

One such significant incident was when the famous Rapper/Singer Eminem bought the Bored Ape NFT, which is nothing but a face of an Ape in a bit of humanized form. This purchase was in the news, and people criticized if this purchase was worth it.

However, the Bored Ape NFT was again bought by other celebrities including Justin Bieber, Eminem, Neymar Jr., and Paris Hilton.

It gave the NFT a massive boost in popularity; thus, its price inflated to an all-time high. But, of course, the more value we put into NFTs, the more they grow in value, and that is what we witnessed in this live example.

We will discuss it in detail in the next section below. In short, we learn that NFT’s price gains are boosted by their popularity.

Conclusion: Is NFT a Bubble?

There is a considerable volume of people around the world who are looking for the top NFTs to invest in. However, is it wise to do so? When asked, ‘what are good NFTs to invest in?’ People generally name NFTs bought by celebrities or in the news.

You should know that the value of all the NFTs in the world is similar to the collectible cards you used to collect when you were a kid. The value of a collectible card is up only when the viewer understands the card’s meaning and values it.

If you were to offer a mint condition and one-of-its-kind Bulbasaur pokemon card to someone who has no idea what a pokemon is, you would most likely throw it away. Similarly, an NFT without a suitable buyer is nothing but a burden for you.

For example, in search of the top NFTs to invest in, Sina Estavi bought the NFT of the first tweet by Twitter co-founder Jack Dorsey for EUR 28 Million, but when he went to sell it, the price went down to EUR 13,000.

So, if you ask, “is NFT a bubble?” The plain answer is yes, and when it bursts, it will lose its value. However, if you are tenacious enough, you will still be able to make a good fortune.