Projects with a bright future

Disclaimer: The Industry Talk section contains insights from crypto industry players and is not part of the editorial content of Cryptonews.com.

Numerous NFT projects have tried to get their share of the pie, but only a few have succeeded. We discovered 5 NFT crypto platforms booming in 2022.

5 Successful NFT Platforms

Let’s take a closer look at each project and find out how they benefited investors.

1. Tamadoge

Tamadoge has differentiated itself from Dogecoin and Shiba Inu by developing a utility token and a play to earn platform. Players groom digital pets to receive TAMA tokens as a reward for their contributions.

Investors realized the platform’s value and sold out of the crypto sale in less than two months. Now TAMA trades on OKX.

Buy TAMA on OKX CEX

Buy TAMA on OKX DEX

2. Battle Infinity

Battle Infinity is an NFT based fantasy game that gives players access to 6 platforms. Players battle against other teams to earn IBAT Tokens in the IBAT Premier League, Battle Arena, Battle Stake and Battle Games.

The platform also enables players to stake coins and receive rewards for being highly active. Battle Infinity’s pre-sale sold out within 25 days of the planned 90 days. When IBAT started trading on PancakeSwap in August 2022, the coin rose 700% from its pre-sale price.

Visit Battle Infinity

3. Lucky Block

Lucky Block has transformed from a regular prize platform to an NFT competition platform offering a Lamborghini and a home worth $1 million as grand prizes. The original token, LBLOCK, rose more than 1100% after the initial coin offering on PancakeSwap.

More IPOs are in the pipeline. A 1% monthly token burn is scheduled to start on September 30, 2022. It will reduce the coin’s supply and make the coin scarce.

Visit Lucky Block

4. Silk

Silks is ideal for investors who enjoy horse racing. The game’s developers emulated real-life thoroughbreds by tracking their births and progress to reflect them in-game.

In addition to earning rewards if the real horse wins a race, investors can buy digital land and add infrastructure by buying NFTs to increase their value. Investors earn tokens in the game to sell land at a profit or make money from it by renting it. Rewards can also be earned by breeding horses.

Visit Silks

Crypto assets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

5. Bored Ape Yacht Club

Bored Ape Yacht Club (BAYC) had a phenomenal year. It turned out to be one of the biggest NFT projects, with boring monkeys that had unique properties. Celebrity ownership and endorsement of these limited edition NFTs resulted in some millions of dollars in sales.

The original token, ApeCoin, returned investors 700% when it started trading on March 14, 2022.

Buy ApeCoin on eToro

Crypto assets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.