NFT projects in the Solana space have been generating headlines, and Fomo is in the air due to the high probability of owning strong projects such as crypto Punk and a replica of the Bored Ape Yacht Club in the Solana space. Few weeks ago Opensea, the most popular NFT Marketplace integrated Solana into the marketplace which has increased the visibility of different Solana NFT projects.
The Launch of Several Projects Like STEPN, Okay Bears, and DeGods has helped bring investors’ attention to the third Largest Blockchain network and everyone wants to own a Copy of Solana’s NFT.
What Are NFTs?
NFTs are digital assets that reflect real-world assets such as artwork, music, films, and in-game tokens.
Perhaps the most common use of NFTs is for the purchase and sale of digital artwork, however, they may also be used to represent other real-world assets. NFTs effectively serve as proof that the digital item they represent is a genuine article.
When it comes to digital things such as artwork or music, a limitless number of copies are possible. While everyone may download a duplicate of anything digital, just as with everything physical, there is only one original.
NFTs are often marketed and distributed through internet markets such as NFTcatcher.io. Rarity. tools. Investors can peruse an inventory of assets before deciding which one to purchase. To purchase the digital asset, the buyer must have a cryptocurrency and create an account on the marketplace, which may be linked to the cryptocurrency wallet containing the coin.
The Ethereum ERC-20 tokens are the most often used blockchain by NFT. The Ethereum network employs the ERC -20 token to launch a smart contract.
10 Best Solana NFT Collections in 2022
We’ve compiled a list of the best Solana NFT projects based on their utility value, community, road plan (which includes play-to-earn games), metaverse potential, and total transaction value.
1. DeGods NFTs
DeGods portrays themselves as a deflationary band of outcasts, misfits, and punks. DeGods uses the DUST coin to power the whole DeGods ecosystem. You may earn a set amount of DUST every day and gain access to the DeDAO channels via Matricia by purchasing an NFT.
Owners of the DeGods NFT can start earning DUST by staking their NFT on the DeGods official dashboard. Users may also alter their DeGods by paying 1000 DUST to update the metadata of their DeGod and exchange it for a DeadGod.
Normal DeGods produce 10 DUST per day, whereas DeadGods produce 20 DUST per day. Users can also switch between DeadGod and DeGod at any moment. However, bear in mind that you will have to pay DUST in order to do so.
One interesting aspect of DeGods is their 33.3% paper hand tax. If you sell your DeGods for less than the purchase amount, you must pay a 33.3 percent tax. It’s a terrific idea that encourages people not to take excessive risks due to a lack of patience.
The entire volume of the DeGods NFT collection is 120k SOL ($10.8 million), with an average sale price of 29.71 SOL ($2.6k). We strongly recommend that you check out their collection because they have one of the best-designed NFTs on the market and are a perfect alternative to the famous Bored Ape collection.
2. Okay Bears
Okay Bears is a Solana NFT Project with an immaculate collection of 10,000 diverse bears that grant you exclusive access to The Park, where together, we build a virtuous community that will transcend the internet into the real world.
According to data from leading NFT marketplace OpenSea, Okay Bears is the top-traded collection that it tracks, beating an array of prominent Ethereum collections. The marketplace shows 187,543 SOL worth of secondary trading over the last 24 hours, or about $18.4 million worth at Solana’s current price. That covers the entire market, not just sales on OpenSea itself.
3. Solana Monkey Business NFTs
Solana Monkey Business also known as SMB is a blockchain-stored collection of 5,000 randomly manufactured SolanaMonkeys. The monkeys’ objective with their accessibility-oriented design is to infiltrate the Solana blockchain with as many people as possible, creating a big community around them, supported by owner-exclusive benefits, a community wallet, and a future voting mechanism.
SMB is a community-focused NFT project with the following advantages:
- Access to an exclusive, members-only wallet with an on-chain voting mechanism in the future.
- Access to the MonkeDAO, Solana’s first NFT DAO.
Solana Monkey Business is one of the most popular Solana NFT initiatives, with over $107 million in SMBs transacted since its inception.
In October, one Solana monkey, SMB #1355, was sold for $2 million dollars.
One intriguing benefit of holding a Solana Monkey Business NFT is access to the MonkeDAO, Solana’s first NFT DAO.
Membership with MonkeDAO entitles you to the following benefits:
- Stake through the DAOPool to obtain daoSOL and earn up to 7% on your staked SOL.
- Stake with the MonkeDAO Validator pool to get passive money.
- Future Monkeverse 3D Metaverse ready avatars – Future Monkeverse NFTs with ecosystem functionality – Future $MONKE cryptocurrency token – Potential future access to MonkeDAO Capital Venture Fund
Solana Monkey Business has the potential to be the next big NFT initiative, akin to the Bored Apes or CryptoPunks of Solana NFT
NFTs from Solana Monkey Business may be purchased through the Solana Monkey Business Marketplace or Magic Eden.
4. Degenerate Ape Academy
Degenerate Ape Academy is a Solana-based NFT collection containing 10,000 algorithmically-generated unique 3D apes.
The Degenerate Ape Academy project, which is Solana’s first million-dollar NFT collection, is run by ‘Monoliff,’ who heads the art and development team, ‘Obbotis1’, who is responsible for project management, and ‘Conorholds,’ who manages the development side of the project.
Degenerate Ape Academy is a Solana-based NFT collection containing 10,000 unique apes that serve as an interface that allows users to exchange their digital assets. Users can “enroll” in the Ape Academy by minting a Degenerate Ape, which allows them to have a valuable asset and enjoy their utility.
Buyers can rest assured that they will acquire full intellectual property rights of both the art and the Degen Ape itself after purchasing the asset, thanks to the power of smart contracts. After the purchase, the Degenerate Ape Academy cannot modify, seize, or freeze ownership of Ape NFTs from new owners.
All these aspects eliminate any ownership issues after SOL tokens have exchanged hands, and new owners can focus on flipping their new assets to gain profits.
5. CETS ON CRECK
Cets on Creck illustrates the power of art and community. In an oversaturated market of animal PFP projects, this project experienced a breakout month in March, with the floor price reaching an all-time high of over 30 SOL.
This is primarily due to the project’s emphasis on branding and storytelling — who wouldn’t want to be a part of a universe of 6,969 cats on the Solana blockchain that are simply here to hang out, chill, and vibe together?
6. Aurory
One of Solana’s most anticipated play-to-earn NFT games is Aurory. It is a Japanese RPG with both PvE and PvP modes in which players use their NFTs to engage in combat.
Aurory uses the same play-to-earn structure as Axie Infinity (AXS), with players fighting to win NFTs and AURY tokens, which can be used to buy things and increase their chances of success in the game.
This NFT project is supported by well-known investors such as Solana and Alameda Research, who just recruited a team of specialists with years of AAA game production experience.
7. SolPunks
Similar to CryptoPunk. SolPunks is one of the first NFTs on the Solana Blockchain. Each of these 10,000 SolPunks has unique attributes. SolPunks types are Alien, Ape, Zombie, Female, and Male, and a total of 8 Category counts.
Solpunk is available on Solanart Marketplace which supports wallets including Phantom, Soflare, Clover, and Slope. As of now, Solpunk has traded a total volume of 417K Solana.
8. Fearless Bulls
Fearless Bulls Club is rethinking the value of jpegs from the ground up when it comes to Solana NFTs. The Bullish Growth Support, which gets 70% of the mint earnings and is in the process of utilizing them to fund marketing initiatives, grow the brand, and fund the project’s commercial endeavors, is an exclusive DAO community for NFT holders. There are also plans for an IDO (holders can steak-pun intended) as well as other interesting innovations in the future of e-commerce at this enterprise.
9. Portals
Portals is a web-based metaverse platform on Solana Ecosystem. Currently, they are working on Room ownership and permission, More NFT integrations, Community Partnership, and Early adopter outreach.
Portals NFT grants you ownership of one of the units in Building One. The NFT will be your proof of ownership and access card to your space in the building. The card will store and remember everything you own and build in Portals.
Portals NFT are available on Magic Eden. They have done a total volume of more than 109k Solana at the time of writing.
10. STEPN
STEPN is a web3 lifestyle application that offers SocialFi and GameFi features. The goal of STEPN is to encourage socializing while also assisting users to live a healthy lifestyle.
STEPN was founded by a fintech company based in Australia, known as FindSatoshi Lab. The company became popular in the blockchain space after finishing 4th in the 2021 Solana Ignition Hackathon Gaming Track.
The STEPN app is the first sports app built on the Solana blockchain, and it combines blockchain token incentives. Users can earn tokens by walking, jogging, or running every day after purchasing sneakers (NFTs) from the marketplace. The app adds a game element, as users can find and drop treasure boxes randomly during their physical activity. Users can also upgrade the attributes of their sneakers. All these elements add up to a unique experience of exercising, earning, and playing.
