There are millions of NFTs up for sale on the internet, and new projects are launched daily. However, many of these projects are not worth the time or effort needed to invest in them. Having said that, there are a few gems that could pay off big if you make a small investment right now. With millions of NFTs out there, it is important to know what to look out for in a good NFT. Below is a description of what to look for in an NFT and the best NFTs to buy in 2022 based on these conditions.
How to Identify a Good NFT Project
If you wish to identify the best NFT to invest in for 2022, here is what you should be looking for:
Check the Numbers
One of the most important drivers of value for an NFT project is the numbers.
These numbers include the number of transactions, the total holders, and the total supply. These numbers are a good indicator of the overall health of the NFT project. From here you can easily identify the best NFTs to buy in 2022.
Check Out the Use Cases
In the crowded field of NFTs, use cases are what defines a project. The more unique its use case, the more likely it is to have value.
Check Out the Online Communities
One of the most important online platforms when it comes to spreading the word on NFTs is Twitter. Most of the most successful projects in the NFT space owe their success to Twitter.
Check out threads discussing NFTs, and check out what NFT influencers are discussing on Twitter. It will give you a good hint of the next breakout project in the NFT space.
Check Out the Developers
When considering investing in an NFT project, it is always good to understand who is behind the project. If it is backed by people or startups, who are already behind other successful NFTs, it is a good indicator the project will succeed.
The Top 3 NFTs to Buy In 2022
Having considered all the facts above, here are some worthy projects you can consider investing in for 2022.
1. The Sandbox (SAND)
The Sandbox is a metaverse NFT project, which is designed as a place where individuals can create, own, and play in a virtual setting. SAND features NFTs, which can be swapped in-game for other digital assets.
Additionally, people who buy land within SAND will be able to create destinations when the metaverse goes mainstream.
Land within SAND, which is represented by an NFT, is currently valued at around $350 million. While that is already quite impressive, many experts believe there is still room for growth.
2. Enjin Coin
Enjin is an Ethereum-based social gaming platform that was launched in 2009. Today, the game features over 250,000 communities with 18.7 million registered players.
Its native token, the Enjin coin, allows developers to tokenize in-game items. Its NFT ecosystem is currently experiencing phenomenal growth.
The ecosystem allows people to create, trade, and distribute NFTs. In November 2021, Enjin launched the Efinity Metaverse Fund, which is expected to raise over $100 million to support metaverse projects on Efinity. Easily one of the best NFTs to buy in 2022.
3. Axie Infinity (AXS)
Axie Infinity is one of the best metaverse/NFT gaming assets worth considering. It is a combination of a card trading game with NFTs on the blockchain.
Players within Axie infinity NFTs can create, own, sell, and earn via their in-game NFTs. The game is currently one of the fastest-growing NFT games, and it represents a lot of potential as the best NFTs to buy in 2022.
Summary
There are hundreds of potentially breakthrough NFT projects to invest in for 2022.
However, the three games mentioned above hold the most potential.
