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What are the best and cheapest NFTs to buy in 2023?

Robyn Abrahams

News Writer

Oct 26, 2022 at 06:59

The NFT hype is still ongoing, and these projects will blow up in 2023.

The NFT market has been on a rapid increase since 2021. The first to hop into the game has seen the investments go from a few dollars to millions. This trend is ongoing, and the community surrounding NFTs has only grown. The caveat is that successful NFT projects now only offer JPEGs partially; most projects use NFTs as a membership card into an exclusive community of like-minded people. This has made the NFT space the biggest community-generating tool since the invention of Facebook.

Aside from the community factor, the Web3 space is also expanding into gaming, media, and even real estate, which is bleeding over into the NFT space. This means that you’ll be able to benefit from your NFTs directly and use them to interact with digital spaces in real-time. Honestly, the application potential is unfathomable.

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What makes an NFT worth buying?

 A myriad of factors affects the value of an NFT or NFT collection. There is no set collection of factors that can guarantee the success or failure of an NFT. That said, it is best to consider this list of factors before investing in an NFT:

  • Collection creator: collections made by well-known or influential creators do better than those made by unknown creators.
  • Price potential: this is the potential of an NFT collection to skyrocket in value a few months or even years after its launch. CryptoPunks is an excellent example of this. They were launched in 2017 at an average price of $20 and now sell for millions of dollars.
  • Special features: outside of owning digital art, some NFTs offer their owners exclusive perks. Those perks can comprise a membership into a complete discord or online community with like-minded people.
  •  Celebrity involvement: the realm of influencers stretches to the NFT market space. As with famous brands, celebrity endorsement can skyrocket the value of an NFT by creating much hype around the project. 

Top 10 cheapest NFTs worth buying

This is an incomplete list of the NFT projects worth investing in, but it includes the most affordable options with the most potential in the upcoming years.

1.  Tamadoge  

This is the top dog of this list of NFT projects. Tamadoge (TAMA) is the native currency and utility token of the Tamaverse. This NFT allows its owner to access the Web3 gaming platform to play-to-earn (P2E) crypto. The Tamadoge NFT is thus a participation asset for players in the Tamadoge game and enjoys the virtual Tamaverse.

The primary NFT collection of the Tamaverse is a play on the dogecoin mascot. The adorable pups are offered endless variations for players to breed, buy and trade across the Tamaverse. The TAMA is an ERC-20 token native to the Tamaverse and is used to settle transactions on this platform. This token has a supply cap of 2 billion tokens with a first-round investment of $19 million. CoinSniper has verified the project; its growth potential is on the rise.

2.  Silks  

This NFT collection is a favorite amongst the jockeys in the Web3 space. This NFT project lays the foundation for a play-to-earn Web3 gaming platform that allows its members to buy, trade, and ride racehorses. Their NFT 1:1 replicas of the most majestic thoroughbreds offer the player all the joys of horse racing for a fraction of the price of riding boots and none of the chafing.

It is the first in its digital replicating horses to scale in the metaverse. Due to the designs being “derived from the likeness of real-life horses, it is referred to as the first “derivative-based” NFT game in the horse racing space. The game soon broke the top 10 Ethereum-based games in its first month after launch.

This collection of NFTs also has additional perks aside from the e-sport element. The first is that it offers its players a staking option to earn extra points. The second aspect of the project also allows players to purchase digital land, which can later be resold, and the last perk is the project’s membership feature for NFT horse owners that shares members with Bored Ape Yacht Club NFT holders. 

3.      Battle Infinity

The next contender for the best affordable NFT project is Battle Infinity. This is another play-to-earn platform that utilizes a native crypto token, $IBAT. The thing that sets this project apart is that it incorporates conventional NFTs and other digital assets into their virtual world. The platform allows its players to earn tangible rewards for competing in the digital arena.

This project has been audited by SolidyProof, further cementing Battle Infinity’s place in the Web3 gaming and NFT space. The platform has a built-in staking system that secures the value for the virtual world and its complementary NFT market space. The PancakeSwap DEX is the exchange through which IBAT will be allowed to be bought and sold. This further legitimizes the project. 

4.      Real Estate Investment Club  

The NFT space has expanded in the last five years and has grown so big that even real-world real estate projects are interested. This is where the Real Estate Investment Club comes in. This project allows its investors to purchase digital NFTs and access an exclusive club of real estate investors and the sought-after REIC, Meta City. The members of this exclusive club also have access to the Digital Asset Property Group (DAPG).

This NFT collection has obvious real-world utility but is also a tremendous asset for digital art lovers and gamers. The artwork was created by the artist who worked on both Red Dead Redemption and everyone’s first video game obsession, GTA. This is truly a win-win for all parties involved. This project has potential, and this is only a phased one project as the developers on the REIC project hope to turn the platform into a futuristic metaverse.  

5.  Awesome Possums  

There is an argument to be made for the soul of Web3. Awesome Possums is an upcoming NFT project that uses its platform to highlight the importance of mental health and recovery awareness. This project has an NFT collection with utility and a good cause. To make matters better, the NFT collection of 12 000 NFTs has a relatively low minting price of 0.08 ETH.

This project is entirely altruistic as it is also utilizing its substantial community across Twitter and Discord to raise funds through the project to raise funds for their charity focused on mental health and addiction recovery. The generosity of the Possums doesn’t end there. The project will also award five low-income families or students a check for $10 000. They will also reward the early adopters of their NFTs with the opportunity to earn cryptocurrency and NFTs during the minting process.

The community surrounding this project, and the developers, plan to launch its charity and animated series and are even dipping their toes into the VR gaming industry. Awesome Possum: The Road.

The hype around this project and its positive message have ensured that this collection would explode. The utility of the coin is still underrated as the project expands. That being said, this NFT collection will be very successful in the adoption and reselling phase.

6.  Souls of Nature  

This is another worthy contender for the top 10 upcoming NFT projects for 2023. The project is still in the early development phase, but its roadmap outlines that its NFTs release is set to release in the third quarter of 2022, with its “cub growth” and experience quests to be released in the last quarter of 2022. The road map outlines three phases of feature rollout to develop the project and rewards the project community.

The Souls of Nature project also has a play-to-earn feature that allows players to use the NFTs they’ve purchased to interact in the project’s metaverse. The best part about this project is that it allows its community members to interact and profit from the rich blockchain-based project and contribute directly to wildlife protection across the globe. Proceeds from the collection will be sent to charities devoted to the conservation and protection of wildlife and nature worldwide.

The project has also rolled out a Web3 game linked to the Souls of Nature project built on the Unreal engine. It will provide its players with immersive 3D photorealistic graphics and dynamic, lifelike gameplay with its unique Animal Soul NFTs. In total, there are 9 271 animals in the NFT collection.

The NFT project is quite wholesome due to its altruistic focus on the environment. Still, the gameplay is worthy of awe due to the photorealism and gorgeous display of nature at its more vulnerable and beautiful stage.

7.  MetaGoblins  

Don’t let these faces fool you. What these ghastly goblins lack in beauty, they make up for in earning potential. P2E gaming platforms seem to be the game’s name in the NFT market. This is no surprise with the amount of potential in the e-sports arena. MetaGoblins are the favorite pick from MetaBlaze as one of the best NFT investments of 2022/ 2023.

What differentiates this project from all other blockchain-based gaming platforms is that, instead of restricting its players to one native token, it indulges them with a revolving rewards pool. This reward pool incorporates many of the most valuable blockchain currencies to ensure their players’ earning potential, i.e., Bitcoin, Ethereum, Solana, and BNB. This makes the MetaGoblin gaming platform both fun and lucrative. The best part is that each goblin is minted at 0,2 ETH.

8.  FaceTransPlants

FaceTransPlant (FTP), a unique and hilarious NFT collection, contains 10 000 distorted NFTs of faces as plants. This NFT project was minted onto the Ethereum blockchain. This project comes with a fun storyline and hand-drawn caricatures of human faces.

The use of Snoop Dogg in one of their satirical portraits has inspired a lot of attention and laughs. The portrait even added the rapper’s iconic blunt and chain. Considering the project only entered the metaverse and started promoting itself on social media in March 2022, this has quickly become an NFT project worth watching.

The anonymous artist, known as SCALE, added secrets to the art. This has started a crazy investigation game among the NFT collectors community to uncover the hidden identity of the artist. Talk about fun!

 

9.  AlphaBot Society  

 

These adorable bots are the entry point into a blockchain-based community. The AlphaBot Society has a collection of 10 000 NFTs and is exclusive to Crypto.com. The initial collection was sold out in a ridiculous 19 minutes at a sale volume of $6.6 million. That being said, the floor price is still relatively low at $135, which makes it more accessible than many popular NFT projects.

The project is more than simply likable 3D designs; it also incorporates its characters into its unique web series and offers its community the opportunity to buy into its story. This has created an enthusiastic community around the AlphaBot society. The developers have spoken about the upcoming release of physical tokenized gifts and a series of digital airdrops. The project is set to host a VR event in the new year.

10.  Copium Protocol 

This is the least fun but most profitable option on the list. The Copium Protocol was released in 2022 as a passive NFT cryptocurrency mining opportunity. The Investor pass mining feature will allow investors to mine for one of the 10 000 NFTs. The best part is that these NFTs are minted on the Ethereum network, which cements their value on the Ethereum blockchain.

The project has its coin, the Copium coin, an ERC-20 token. An exciting feature of this blockchain project is that its mining ecosystem is backed by real-world crypto-mining infrastructure. The primary mining facility is based in Otago, New Zealand, and is entirely poured by the foothills of New Zealand’s Southern Alps through hydroelectricity.

This project has a slightly higher investment fee than the others on the list. The Investor pass NFTs will be sold off through the Dutch auctions on the Copium project’s website. The auction will start at 3.5 ETH, but the first 200 people to register will be able to receive a guaranteed mint at a lower fixed price of 3 ETH.

Should you buy NFTs in 2023?

There are plenty of reasons to still pick up some NFTs. The NFT craze has resulted in investors and novices flocking to the crypto marketplaces to scoop up all the most promising NFTs. This case still needs to be completed, and these projects are just a few that will garner much attention in the next year and beyond. While the hype has not died down, the trends in the NFT market are changing. The focus of NFT buying is shifting towards utility and community as people realize the potential of NFT collections. Introducing other assets onto the blockchain network has also expanded the definition of an NFT and what it will become. 

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