NFT stands for “Non-Fungible Token”. The irreplaceable is distinct and unique. Consists of non-replaceable components. There are many projects using NFTs that are very likely to make significant profits in the next bull market. Here are three NFT projects worth noting: Big eyes (BIG), Axie Infinity (AXS), and Bored Ape Yacht Club.
Board the Bored Ape Yacht Club
Bored Ape Yacht Club is an NFT project launched by Yuga Labs that allows investors to purchase uniquely styled monkey character NFTs. The Bored Ape Yacht Club divided the oceans and polarized the public. Either people hate them and think NFTs are useless scams, or one he adores them which ends up paying up to £3.4m for NFTs.
However, while most people criticize the project for paying too much for digital photography that can be screenshotted, the focus of the Bored Ape Yacht Club is community events. Apefest is an exclusive event open only to Bored Ape NFT owners, featuring free food and drinks and musical performances from artists such as Eminem, Snoop Dogg, Future, Lil Wayne, The Roots, Lil Baby and more. Apefest is an annual, star-studded Soho House-type event attended by many celebrities. A VIP ticket to connect with other people with similar interests, he is one of the incentives to own Bored Ape.
If you believe in the cultural value of Bored Apes and cannot afford to invest in NFTs, investing in ApeCoin (APE) is an excellent option to stay involved with the project. Bored Ape Yacht Club will use ApeCoin as its governance token to participate in the APE ecosystem. ApeCoin was started by the Ape Foundation, a separate organization from Yuga Labs.
Axing is in the game: this is Axie!
A common criticism of NFTs is that they have no inherent utility. One of his most popular P2E games right now is Axie Infinity (AXS). This is his Ethereum-based game where players collect, fight and trade his NFT creatures called Axies. Getting better his NFTs will greatly improve your chances of winning more games in competition and winning cash prizes through tournaments and esports.
NFTease: Big Eyes Coming Soon to NFTS
Up-and-coming meme coin Big Eyes (BIG) is poised to overtake Dogecoin (DOGE) and become one of the hottest meme coins of the year. The NFT part of the project has not started yet. However, Big Eyes is currently having a pre-sale and so far he has raised $9 million, so the launch of the NFT project is fast approaching. Adding his NFT to Big Eyes adds even more value to the project as people will be able to buy and own unique cats. Similar to the Bored Apes Yacht Club, his NFT in Big Eyes will act as an entry to exclusive events. Big Eyes NFTs are a natural extension of our focus on community building.
The first NFT project planned was Big Eyes going to sea, a very suitable artwork for Big Eyes to challenge the NFT marketplace OpenSea for the first time. But this focus on the ocean is also linked to Big Eyes’ deep care and concern for the natural environment. Big Eyes is a meme coin with a big heart and a key foundation for cryptocurrencies to give back to the world and community. 5% of all tokens will be stored in a visible charity wallet focused on donating to marine conservation charities. In addition, Big Eyes donate regularly to other charities such as Luna Children. Most recently, he donated $1,000 to PetsforVets, a charity that matches shelter animals with veterans.
Purchases of Big Eyes tokens are tax-free, but NFTs are taxed at 10%. The original seller gets his 4%, the holder gets his 5%, and the remaining 1% goes to charity. This doesn’t seem like much on paper, but through various purchases, the 1% ends up raising a large amount of money to donate to charity.
While many dismiss NFTs as a fad with no usefulness, the reality is that many projects are making full use of blockchain technology to create Pokemon-style creatures as NFTs. , creating innovative use cases for NFTs, from giving back to the world through charitable donations. Community along with exclusive events.
Big Eyes Coin (BIG)