Recommendations of popular NFT projects in 2022
An NFT avatar is usually an image of a character, often above the shoulders, and is often used as a digital profile picture. The vast majority of NFT avatars are unique and algorithmically generated from a range of features (ie: clothing, accessories, hairstyles, etc.) with varying scarcity.
And this scarcity depends on the NFT itself. NFT, Non-Fungible Token, Chinese is a non-fungible token. Just looking at the literal meaning is confusing, but in fact, if you change the angle, it is easy to understand.
To understand NFT, we must first understand its opposite, a homogenized token. The so-called homogenized token means that each unit of token is equivalent. The most common ones are Bitcoin, ETH, and all ERC20 tokens, which means that I have 1 bit in my hand. Coins are equivalent to 1 Bitcoin in your hand, and equivalence means that we are interchangeable.
In contrast, non-fungible tokens are that is to say not equivalent. In NFT, each unit of token is unique, different from each other, not equivalent, just like leaves, although they are all leaves, there will never be two identical leaves, strictly speaking is also not equivalent.
It is precisely because of its uniqueness that NFT has the characteristics of immeasurable and indivisible. It cannot be divided infinitely like Bitcoin, and will always be traded and circulated as a complete unit. This is very similar to art, each piece of art is unique and cannot be sold in part in the transaction.
CryptoPunks is an early avatar NFT project built on Ethereum. The project was created in 2017 by mobile game development company Larva Lab, with a total of 10,000 releases. There are four main categories: pixel characters, aliens, zombies and apes. Each avatar represents a different “punk-style” pixel avatar.
(2) The Bored Ape Yacht Club
he Bored Ape Yacht Club, referred to as BAYC, is built on Ethereum. It has released NFT avatars with the theme of apes, and it will be sold to the public on April 23, 2021. BAYC has released a total of 10,000 monkey NFT avatars, and the monkeys are different. These monkey avatars are stored on Ethereum in the ERC-721 standard (NFT’s Ethereum contract standard non-fungible token) and stored and hosted on the IPFS network. At the beginning of the release, the price of an ape avatar was 0.08 ETH.
MadCanner is an NFT consisting of 10,000 unique cans released in 2022. Programmatically generated from 148 attributes in 7 categories, all of which are unique, including their expressions, skins, background colors, materials, actions, and more. At the same time, MadCanner supports customization. After purchasing cans, you can synthesize new NFT cans by purchasing new accessories.MadCanner is an early NFT project. Users can buy and sell parts of Avatars in Opensea or MadCanner’s market place so that they can synthesize own unique MadCanner. Furthermore the MadCanner market place also provide split, packing, synthesis service to users so that the derivatives can be made by users. In near future, MadCanner will support more crypto-financing such as the deposit and loan, NFT funding,etc. Once released, the good NFT project gain attention from all major NFT platform ranking. To users want to find good NFT project, it might be the best early NFT project.