What are blue-chip NFTs? Why should you invest in them?

In terms of investing, we always look for reliable NFT projects that can give us gains with fewer risks.

However, many people need help looking for these projects, especially those who are just starting out with NFTs.

So if you’re one of those people, this article is for you!

WHAT ARE BLUE CHIP NFTs?

Blue-chip NFTs are well-known, stable projects that have high value in the market.

With their proven track records, these assets have been considered low-risk investments and are said to generate steady incomes.

Usually, these projects have already succeeded on Web3, which means their investors also made huge profits.

WHAT MAKES AN NFT PROJECT “BLUE-CHIP”

When we think of “blue-chip” projects, we usually come up with BAYC, MAYC, and others. However, these projects have several characteristics in common. This include:

• Having an active community

• Made global partnerships with various companies

• Backed by a solid financial and developing team

• Frequent presence in the NFT market sales rankings

• Consisting of an honest roadmap

These qualities help NFTs collectively thrive and become blue-chip projects, not just in the metaverse but also in other industries.

As a result, these projects earned worldwide exposure, attracted many investors, and eventually got the success they have right now.

WHAT ARE THE CURRENT BLUE-CHIP NFTS IN THE MARKET? 

Out of all the NFT projects, these ten blue-chip NFTs have shown consistency and upward trends throughout the NFT market.

1. BORED APE YACHT CLUB

Founded by Yuga Labs in 2021, BAYC garnered rapid success with its high-quality artwork in just over a year.

During the pandemic, the project rose to fame when several known artists like Justin Bieber and Eminem showed off their BAYC NFTs.

If you own a BAYC, you can also benefit from its utilities and join its private graffiti club.

With its value and perks increasing over time, it’s undoubtedly the number one blue-chip NFT for people to invest in.

2. MUTANT APE YACHT CLUB

After the notable success of Yuga Labs’ BAYC collection, MAYC was created to show their appreciation towards the apes.

Even though it was mostly a reward for current investors, it also let new investors join the community.

BAYC holders got the chance to mint the second collection for free by exposing their BAYC to a serum.

Once they applied the serum, their NFTs showed several unique properties that determine their rarity.

The second collection has the same utilities as BAYC and has continuously increased its value over time.

As a result, this allowed their holders to have the same exclusive benefits as BAYC’s community.

3. AZUKI

The anime-inspired project is a collection of 10,000 NFT avatars by Chiru Labs.

Holders will get exclusive membership access to their community in a virtual world called “The Garden.”

In addition to its anime avatars, the project’s founders just released a set of “BEANZ” NFT to make a sidekick for each Azuki.

Furthermore, Azuki recently incorporated one of their NFTs into an anime film. This idea gave the project additional utility in other industries.

With its several possible applications, Azuki is among those promising blue-chip NFTs that you should watch out for.

4. CRYPTOPUNKS

Cryptopunks is a pixel art collection that mostly shows punky-looking men and women.

The project was launched in June 2017 by Larva Labs and comprises 10,000 NFTs.

Since then, the project has evolved from a small community into a huge NFT initiative.

5. CLONEX

 CloneX, is a collection of 3D digital collectibles founded by RTFKT studios.

This one-of-a-kind NFT Collection of 20,000 characters made by Japanese artist Takashi Murakami stands out from the crowd. Partly because of its distinct looks and utility across numerous metaverse platforms.

Holders of CloneX can purchase real-world and virtual collectibles via the project website’s game. CloneX transforms the metaverse into a living area where people may socialize and gather digital objects in this virtual world.

6. MOONBIRDS

Moonbirds is a collection of 10,000-pixel bird artworks.

Owning a Moonbird NFT gives you irresistible incentives through nesting. The longer you keep it nesting, the more drops and rewards you’ll get.

Besides that, every NFT also serves as a key to their private community “PROOF” Discord.

7. DOODLES

Doodles is a community-driven NFT project featuring the artwork of Burnt Toast, aka Scott Martin.

Doodle NFT owners have access to the project’s latest goods, merchandise, and events. They can also vote for experiences, events, and products paid for by the Doodles Community Treasury (proceeds from sales of the NFTs).

The holders have full ownership and control of the project as well as first dibs on whatever product the team is developing.

8. COOL CATS

Cool Cats NFTs, the “coolest cats on the blockchain,” are 9,999 randomly generated cat-themed NFTs on Ethereum blockchain.

This collection are valued for it’s distinctive features. Each NFT from this collection has different properties that determine their rarity.

By not selling their Cool Cats, project holders can earn $MILK passively. They can use $MILK to grow and upgrade their Cool Pets (the companions of Cool Cats) or purchase bottles and houses in the gamified ecosystem of Cooltopia.

9. MEEBITS

Meebits are a collection of 20,000 3D-voxel NFTs that can be traded, animated, and used as metaverse avatars.

Larva Labs, the developers of the hugely popular CryptoPunks collection, created Meebits in 2021, which played a big part in its success.

10. WORLD OF WOMEN

World of Women is an NFT project created by Yam Karkai to empower women and increase their presence on Web3 and in cryptocurrency.

At its foundation, the project aspires to empower women by encouraging diversity and gender inclusivity in an industry where only a small percentage of NFT artists are women.

World of Women has emerged as the first female-oriented project in the NFT space, which makes it notable and valuable.

CONCLUSION

That concludes our list of the top 10 notable blue-chip NFT projects available in the market right now.

Please keep in mind that just because they have performed well in the past does not guarantee that they will continue to perform well in the future.

This article is primarily a guide to help you find projects that may be of interest to you and is not intended to provide financial advice.

Always do your own research (DYOR) and be a smart investor.

If you want to be updated on the latest news about these projects, I suggest checking out our weekly blue-chip NFT power rankings here.