Top 5 NFT Projects On Paras

Most people would say that 2021 and 2022 were incredible years for the NFT market. The interest in this new form of art and tech gained widespread adoption and several NFT projects saw their value skyrocketing.

The NEAR ecosystem wasn’t an exception; many projects started to pop up rapidly leading to an increase in NFT TVL on Paras- the biggest NFT marketplace on NEAR — reaching a staggering $4–500k per day.
In this article, we are going to introduce the top 5 most successful NFT projects on Paras basing our list on criteria such as sales, community, and social activities.

Please note that this reflects the subjective opinion of the author. This it NOT financial advice.

Anti Social Ape Club

Antisocial Ape Club (ASAC) has been a permanent resident on the homepage of Paras and is currently the collection with the highest trading volume of all time.

The project gained a reputation for its self-fudding culture. On its Discord group, ASAC founders would often troll new members and tell them that the project was a ‘rug’. Holders used to rally for the NFT floor price to drop to 0.1N and lose almost all of its value.

ASAC built a cult-like community fueled by satire and memes. However, behind this frontage,, the developers have been building legitimate utilities which bring value to the NEAR ecosystem, under the umbrella of Antisocial Studios:

• Antisocial Labs: a developer lab focused on making web3 development services readily available to everyone.
• NFData: a revolutionary NFT analytics platform that aims to provide all sorts of data on NFTs from the most prominent blockchains.
• Sakura: the home of 1/1 artists and fine art on NEAR.

ASAC has also created its token: the Antisocial Ape Coin, every holder of any ASAC NFT was airdropped with this token. However, the token’s current utility and value are yet to be revealed.

NEARNauts

NEARNauts was among the first generative collections to be launched on NEAR protocol. Despite a rocky start and a relatively slow mint, the project continued building hard in the following months and eventually sold out the entire collection of 7777 NFTs.

With funding from the NEAR foundation, the NEARNauts team is expanding its efforts under the umbrella of the AstroVerse Collective.

First, they launched the AstroGen platform, which aims to be the most affordable and convenient platform to launch generative NFT projects. But what makes it truly special is that half of the revenues generated by this launchpad have been distributed to NEARNauts holders.

The team has launched their own marketplace — AstroMarket, a marketplace dedicated to PFP (profile picture). NEARNauts holders also receive a percentage of the royalties generated through this platform.
After NEARNauts, 3 other collections of the Astro Collective universe have also been successfully launched:

• AstroPups: the collection of 7777 sidekicks for NEARNauts holders, dropped at a rate of 1:1.
• Mutant Serum: The whitelisting token that gives access to the NEARNauts Gen2 Mutant mint.
• NEARNauts Mutant: Gen 2 of the NEARNauts OG collection.

Sectet Skellies Society

Secret Skellies Society (SSS) is among the most highly valued NFT collections on NEAR. In February, the collection rallied from a floor price of 10N to 300N. Since then, it has sustained a floor price above 100N

With only 777 NFTs initially minted, the collection makes use of a deflationary mechanism. The team sporadically buys back and burns NFTs which are listed on the floor.

At the time of writing this, only 748 Skellies NFTs remain available for trade.

SSS is built atop ongoing lore, which features a war between two factions: Skellies and Grimm’s Army. Grimm’s Army was recently minted as SSS’s second NFT collection and it currently trades at a floor price of 38N. Along with this mint, SSS also introduced their own launchpad and the UTO token.

The UTO token will provide utility to the SSS ecosystem including the minting of a Gen 3 collection. The proceeds from the SSS launchpad will also be used to buy back and burn UTO tokens. The token is also being traded on Ref finance — #1 DEX on NEAR, and a UTO — NEAR farm is also up and running.

SSS recently also went cross-chain. A brand new SSS collection of 5001 NFTs was launched on Solana and was a massive success for the team.

NEAR Thinker Union

The NEAR Tinker Union (NTU) mint was considered one of the smoothest minting events in the history of NEAR NFT with an instant sold-out upon its launch.

NTU positions itself as a community of builders that believe in the power of blockchain to bring more freedom to the world. And they are leveraging this technology to build extraordinary tools and platforms to help the ever-growing ecosystem.

Currently the products that NTU is focusing on are:

• Enleap Launchpad: An easy and safe way for non-technical creators to launch NFT collections on NEAR. At the time of writing, Enleap has facilitated over 5000 NFT mints and accumulated $250K volume from over 8 top NFT collections.
• Meteor Wallet: The simple and secure wallet to help enhance UX on NEAR.Although just in the alpha phase, you can already try out the wallet and its feature, or try it on Dapp’s testnet, such as Ref Finance.

Lastly, $GEAR is a token tied to NTU and the products they build. $GEAR can be obtained by staking the NTU NFTs, or buying on the Ref finance DEX. $GEAR can be used to join exclusive raffles or WL spots shared by the team, check it out at https://tinkerunion.com/raffle/. Moreover, Revenue collected from Enleap Launchpad, MeteorWallet, and 50% of the Tinker secondary sales are used to support the value of $GEAR.

BOO Monsters

The rollout of BOO Monsters has brought to NEAR a brand new approach to NFT minting. Instead of launching the entire collection at once, the team decided to put up two NFTs (out of a total supply of 100) up for sale at a time.The first two BOOs were sold in mid-January for 0.3N. The next two went for 0.6N, and the price kept soaring.

As the project gained more traction, the team decided to start auctioning BOOs with a reserve price instead reaching an amazing result-BOO#21 sold for 300N, and BOO#25 sold for 1300N.

BOO Monsters has sold 30 NFTs from its collection so far, and continues to put a new one up for auction every week. A percentage of the revenue is being dedicated to their DAO’s treasury, which will be put into use by the community members.

With such a limited supply, BOO Monsters is primed to be one of the most exclusive DAOs on NEAR.

Final Remarks

In this short article we have only mentioned the NFT projects that have the highest TVL and overall performance on Paras. However, there are many more projects that are worth looking into se we encourage you to visit Paras and discover new innovative projects emerging on the space.

About NEAR Protocol

NEAR is a dynamically sharded Proof-of-Stake, carbon-neutral blockchain built for usability and scalability. NEAR combines the power of both PoS and sharding in a technology called Nightshade, making the chain infinitely scalable without compromising security and decentralization.

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