While the crypto market faces macro uncertainty with bitcoin failing to stay above the market support band, the NFT world seems to be back on track. We have seen this kind of correlation before. The money from the crypto market flows into NFTs with a proven track record. As a result, top NFT collections like Bored Ape Yacht Club continue to thrive.
We also see many new ones enter in the past weeks with different utility features. After the wolf-game collection took off, we now see many projects trying to incorporate the same game-like features by adding their art concepts. One such collection to receive an amazing response from the NFT community is Wizards & Dragons Game. CloneX Mintvial, powered by RTFKT studios, also had an incredible public sale with more than 6,600 unique owners and a record-high floor price of 3.2 ETH. We mentioned this collection in one of our weekly lists.
Another surprising thing we noticed was the rise of Sandbox. A couple of weeks back, the floor price was less than 0.5 ETH, and now, it is well over 2.9 ETH. So, the metaverse tokens may be down due to BTC correlation. But the LANDS and other assets in the metaverse are soaring.
Those are the main observations we’ve made since the last weekly NFT list. Today, we are back with another list of top 5 NFT collections dropping this week or mid-December that you should watch out for!
Like always, we have done our due diligence to research these projects and considered important aspects of an NFT collection, such as long-term utility, artwork, token ecosystem, and most importantly, community. I hope you find something you like and resonate with. Let’s get started.
#1 Wall Street Dads
The number one project you should look out for this week is Wall Street Dads. We picked this collection for many reasons. The number one is the artwork itself. The distinctiveness showcased by the WSD collection is far better than many 10K PFP NFT collections. On top of that, they are using more than 1200 hand-crafted art elements that have been infused using proprietary generative technology.
The WSD collection also brings an exclusive token ecosystem to owners, along with unique artwork. Every WSD NFT holder will passively earn in the Tendies economy. Tendies are the ERC-20 tokens of Wall Street Dads.
The best part is owners can use these tokens to customize their characters with new traits and outfits. Additionally, they will also receive voting rights in future WSD DAO. As DAO mechanics gain more popularity, we expect WSD owners to reap good rewards and benefit from exclusive membership access.
In terms of roadmap, Wall Street Dads set realistic expectations that guarantee value addition to every owner. The first advantage for buyers would be a free-to-mint companion Wall Street Mom. During public mint, the team will do many ETH giveaways and NFT airdrops for the WSD community.
Another reason why I liked this project so much is they prioritized transparent and verifiable NFT minting by integrating Chainlink VRF. This makes the collection fraud-proof and, most importantly, builds trust in the NFT community.
Things you need to know
- Twitter– 10,500
- Discord– 44,828
- Mint Date- 11th December 2021, 4PM EST (NY Time)
- Mint Price- 0.05 ETH Whilelist, 0.1 ETH Public
#2 Space Runners
No one can deny how fast the metaverse grows in the NFT space. Many trends are emerging with high potential in the long term. One such trend is fashion NFTs. So I decided to include Space Runners in this weekly list. The collection has garnered much attention in recent weeks, all thanks to NBA champions Kyle Kuzma and Nick Young.
The community is resonating well with the NBA sneakerheads, who not only have a huge fan base in the sports world, but they also know their stuff around fashion, NFTs, and metaverse. As the NBA is a global brand, we can expect many players and artists to join Space Runners and create a new wave of fashion NFTs in the metaverse.
With star power comes over flowing investments. Many web3 and metaverse investors are developing Space Runners, making it stand out in the saturated NFT market. Some well-known investors are Ankr, Bounce, Bullet Labs, Clover, Galaxy, ChromaWay, and Divergence.
It all starts with the utility and perks associated with the Space Runners NFTs. The sneakers-based NFT collections offers AR features, apparel marketplace, and integration with leading metaverses. In essence, the NFTs will act as an access card to participate in marathons, signature events within the metaverse, and meet popular celebrities or athletes at live events.
Things you need to know
#3 CROAKZ
We all saw how CryptoToadz became one of the most prominent projects in the NFT space. Inspired by a similar concept and art, the Croakz collection is launching 6,969 unique NFTs to drive more adoption in the meatspace, meaning the tangible real world.
As the NFTs are in 3D, we can expect them to provide interactive experiences in a metaverse or any virtual space. It will also be more compelling to showcase 3D NFTs in a gallery.
The team behind this project is passionate, and they promise to explore different avenues in the NFT space to maximize value for holders. A few things mentioned on this website are artist and brand collaborations.
In terms of community, there is no doubt these will sell out in a couple of minutes. Many popular NFT collectors such as CozomoMedici, punk4156, and DeezeFi are showing interest in this project, as the team created a few one of one NFTs for them.
Things you need to know
- Twitter– 7,940
- Discord– 10,000
- Mint Price- 0.069 ETH + GAS
- Mint Date- 12th Dec (pre-sale), 13th Dec (public sale)
#4 Mekaformers
Mekaformers is a game-ready collection that has attracted thousands of NFT enthusiasts and collectors. The 8,000 generative robots created using hundreds of different elements or traits will be used as avatars in the game. The game is built using unreal engine 5, so we can expect the gameplay to be top-notch.
The roadmap for this project is also interesting and nothing compared to ordinary. The team plans to provide unreal engine files for owners and other claimable blender rigged bodies. In 2022, they will release a full set of wearables and avatar features for owners to use in the metaverse. The end goal is to create a sustainable play-to-earn game using these robot-like NFTs.
The main reason for me to pick such an early-stage project is the team. They have award-winning VFX artists, Davide and Daniel, who worked on movies like Avengers and Pacific Rim. Given the P2E industry is growing rapidly, we can expect projects like Mekaformers to add significant value to its holders.
Things you need to know
#5 CYBERUNNERS
The final pick in this week’s NFT list is Cyberunners. It is a unique NFT project bringing 8,888 rebels from the dystopian future. The artwork is mainly inspired by top culture classics such as Akira, Ghost in the Shell, Mad Max, and Bladerunner.
The utility breakdown of these NFTs is clearly stated in the project’s roadmap. The first phase of Cyberunners would be Cyber Society. The plans to create a private society to give NFT holders access to exclusive giveaways and features of Cyber Net. In the second phase, the community of Cyberunners will largely benefit.
The team plans to do many collaborations with talented artists within the community. This will help them generate good revenue from sales and premium featured artworks. Some of the possibilities highlighted in the roadmap are TV Show Pilot, Comic Based Community Lore, and collaborative NFT launches involving community members.
In addition to the impressive community involvement, the Cyberunners team will create a DAO ecosystem powered by ERC-20 tokens that will enable owners to voice their opinions.
The main architects behind this project are the_Mess and The HexaMan. They both have strong artistic backgrounds and a deep understanding of blockchain and NFT technologies.
Things you need to know
Closing Thoughts
The crypto market is experiencing a major correction right now, so we will see blue-chip NFT collections recover. But that doesn’t mean we will have a full-blown bullish NFT season moving forward. It always depends on the correlation. Having said that, you can explore the above-mentioned projects and get in at a good discounted price. Before you ape in, make sure to talk to different community members and see if everyone is on the same page. It will give you clarity on where the project is headed.
That’s it for today. I hope you found something you like. I will be back next week with more NFT collections. Till then, stay safe and don’t FOMO into any projects without doing proper research.
Born and brought up in India, Karthikeya Gutta is a crypto journalist and freelance contributor for ItsBlockchain. He covers various aspects of the industry with in-depth analysis and research. His passion towards blockchain and crypto ecosystem is mainly because he believes it can really change the world and help millions of people.
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