We’re crossing almost half the year 2022, and you’ve likely heard about all kinds of non-fungible tokens popping out everywhere. Today, we explore new emerging types of NFTs and the exciting ways you might be able to earn from them.
But before anything else, let’s discuss a bit about the obvious.
Generative digital art collections are the most common NFTs
We’re used to seeing NFT collectibles, both in the form of trading cards that fandoms love and cute cartoons even kids would appreciate. Among the cartoonish, anime-like, and pixelated bunch of them, what you’re likely seeing are forms of generative art.
“Generative” means the digital artist could set up “traits” and generate multiple random art pieces from them. CryptoPunks and Bored Apes are among the most famous of these types of non-fungible token collections.
Because of their popularity and high price tag, their owners can exercise bragging rights and make the NFTs their profile pictures (PFP). Hence the term “PFP NFT” projects.
Soon, however, people were looking for more NFT utility other than just displaying them on their social profiles. Luckily, creators and investors realized that, too. And now, we have new emerging types of NFTs to get excited about.
1. In-Game NFTs
Obviously, we like NFT games here, so this category of NFTs isn’t entirely new to us. But, big mainstream game creators are interested in jumping into the blockchain.
One mainstream game company that’s into NFTs is Square Enix. The Final Fantasy and Tomb Raider creator plans to release blockchain video games.
Meanwhile, the company Ubisoft has already integrated NFTs into one of its games, Ghost Recon Breakpoint.
Apparently, though, not all mainstream gamers and streamers like the idea of bringing NFTs into their favorite AAA games. This sentiment probably made some companies reluctant to introduce NFT items or characters into already-popular titles.
So, gaming industry giants like Netmarble are pitching new iterations of existing games instead of launching entirely new ones. Netmarble’s very first play-to-earn crypto game is A3: Still Alive, and it has in-game NFT items at its core.
However, Ubisoft later announced that it’ll stop creating new content and NFTs for Ghost Recon, but told followers about future drops on other games. Meanwhile, Square Enix isn’t turning back from its plans, as it sells Tomb Raider and other titles to fund its blockchain gaming projects.
In principle, players could use in-game NFTs in the game itself, but they could also own these items for real. If they want, they could sell the items because they’re NFTs.
It’ll be interesting to observe how all other big mainstream players will adapt NFT gaming in the years to come.
2. Music NFTs
Gala Games launched Gala Music in February 2022 and sparked interest in music NFTs. Among the first artists to sell their music as NFTs on Gala Music are Snoop Dogg and BT.
By creating music as NFTs, singers and composers can earn more from their creations than from traditional record labels. Gala Music presents that opportunity for them as well as their biggest stans who would love to support their favorites better.
Aside from Gala Music, artists and music lovers can explore Catalog. It catalogs single-edition music NFTs. The platform allows you to create, buy, sell, or trade audio NFTs.
Although OpenSea has a dedicated music NFT category, some artists prefer launching their song NFTs into music-specific platforms.
3. Sneaker NFTs
We’re not talking about the typical collection of sneaker art NFTs here. Instead, we’re looking at NFT sneakers that would represent your dedication to outdoor fitness and your earning potential precisely because of that dedication.
You see, Play-to-Earn emerged with NFT games, while Listen-to-Earn will be a thing because of Gala Music and song NFTs. Both already sound very great and far ahead of PFP NFTs, which only get you to brag.
But what could be more exciting for runners and health-conscious humans than a Move-to-Earn concept? Blockchain and Web3 app developers certainly didn’t want to miss out on that, so they created projects like STEPN.
Currently, STEPN’s NFT sneakers are already being sold and traded on Binance. With such a sneaker NFT, you could walk or jog outdoors and earn tokens.
4. Fashion NFTs
Sneakers are part of modern fashion, yes. But fashion NFTs would be a separate category if we’re talking about big brands such as Gucci.
The fashion company has a dedicated Vault for its metaverse and NFT enterprise. It also has an NFT collection at OpenSea called SuperGucci and a digital destination called Gucci Town on Roblox.
Interestingly, it’s not just Gucci. A swarm of fashion artists and companies have even graced the first-ever Metaverse Fashion Week, which was powered by UNXD and Vogue.
NFT dresses and other digital fashion pieces are becoming increasingly popular in Decentraland, and most big brands have loved to be on board.
5. Literary NFTs
Web3 has taken care of visual artists, gamers, music creators, and even fashionistas. But what about the wordsmiths?
Luckily, writers now have an opportunity to publish their work as literary NFTs—thanks to this new community and platform called NiftyLit. This magazine platform believes the future of publishing is in Web3.
Another platform for crypto writers is Creatokia. It welcomes content from existing publishers and authors, but it’s also working on its own collection: Creatokia Originals.
If you wish to submit your written work for publication as an NFT, you can contact either NiftyLit or Creatokia through their website.
There’s one more type of NFT that’ll likely stick around
They’re meme NFTs. The thing with them is they likely won’t sell as much unless they become absolutely popular. Those who are always on the watch for the latest and the funniest may take advantage of creating memes. If their meme goes viral, then the likelihood of getting millions out of selling it as an NFT could be higher.
As for us at NFT Game Info, we’d probably stick with play-to-earn games. Or, we could go outside for a run and earn from our sneaker NFTs. Maybe we could compose or create new music and sell them—who knows what we could do next?
I believe the same wild opportunities await you in the NFT space, whatever kind of artist you are. So, make sure to take advantage of these new emerging types of NFTs and have fun creating to earn!
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