7 Most Popular Non-Fungible Tokens Of 2023 – So Far

Published on: 20 September 2023 Last Updated on: 21 September 2023

Non-fungible tokens came into the spotlight in 2021.

They were introduced on the crypto market way before, but the public didn’t show interest until then. Despite the crypto winter, non-fungible tokens continued to be in demand because people have seen the worth of digital assets.

Even if some holders were concerned that they would lose finances due to the bear market, NFTs proved resilient. 95% of the total number of NFTs are minted on the Ethereum blockchain, and when the Ether’s price drops, NFT values will follow suit.

Even if most non-fungible tokens have lost part of their value during the crypto winter, the market seems to have bounced back since the beginning of 2023. Ethereum’s price registered a steady increase over the last few months, and the NFT market is expected to head on a growth trajectory, especially because developers have announced the launch of innovative platforms and projects.

Here Are The Seven Most Popular Non-Fungible Tokens Of 2023

This article explores the most popular non-fungible tokens of 2023 so you know which project to invest in; suppose you want to join the market.

1. Bored Ape Yacht Club

Bored Ape Yacht Club is one of the most well-known NFT collections available on the Internet. Yuga Labs LLC launched the project, which consists of a collection of 9,999 randomly generated images of apes, created according to 170 different traits.

Those who join the Bored Ape Yacht Club gain access to numerous products and activities. The project is stored on the Ethereum network and has attracted famous investors like Justin Bieber, Jimmy Fallon, Snoop Dogg, Timbaland, Paris Hilton, and Steph Curry.

Initially, each NFT cost 0.08 ETH, but as the project gained more popularity, the prices spiked to 91 ETH, with some apes getting more valuable than others.

Mutant Ape Yacht Club is a collection derived from the original one, including 20,000 Mutant Apes. They were created to reward the Bored Ape Yacht Club investors and encourage crypto holders to join the NFT by offering alternative products connected to a well-known collection.

2. Jump.trade

Jump.trade is a unique NFT project as it’s the first Cricket NFT people can play in the Metaverse. It sold over 55000 cricket player items in the first 10 minutes after the project was launched on the market. The holders can play games or earn passive income from owning the players. The game was launched in 2022, and since then, numerous cricket enthusiasts have joined the community.

3. Azuki

Azuki took the NDT sector by storm in 2022 when it was introduced, and it has maintained its popularity ever since. The project consists of 10,000 avatars that offer owners access to The Garden. Azuki is also running on the Ethereum blockchain and offers holders access to exclusive events and products.

We listed Azuki among the NFT projects worth adding to your portfolio because initially, there were 8,700 items minted for 3,400 and sold out immediately. It took NFT enthusiasts only 4 minutes to purchase the entire collection. In only 30 days, the project gained $300 million in trading volume, and everyone has started to compare it with Bored Ape Yacht Club.

Azuki promotes the idea of mixing the digital and physical worlds in a community-only environment. Its alliances and characters are used in live events, NFT launches, and even streetwear.

4. World of Women

Unfortunately, the cryptosystem is still male-centric. However, efforts toward diversity and inclusivity are made, and projects like World of Women are created to encourage more diversity. World of Women is an NFT project started by women in collaboration with The Sandbox, the well-known play-to-earn metaverse game. It aims to grant $25 million to offer women education in the crypto sector so more could join and take advantage of its benefits.

The collection is composed of 10,000 pieces of artwork of randomly generated women. Reece Witherspoon, Eva Longoria, and Dez Bryant are only some of the celebrities who invested in this project.

5. Crypto Baristas

Crypto Baristas are the ideal non-fungible tokens for those who love coffee, as they are unique characters pouring coffee. The project was developed on the Rarible blockchain and consists of 60 hand-drawn characters by the Coffee Bros and Tony Bui. There are three types of Crypto Baristas NFTs according to their rarity level. The project aims to create a community of people interested in innovation, coffee, art, and investing.

This project is new in the sector, but the artwork was sold as soon as it was launched. The demand for secondary sales is huge at the moment, so it’s worth keeping an eye on the characters and their holders.

6. Cool Cats

Cool Cats was launched in 2021 and has become the third most popular NFT project sold on OpenSea. Investors can purchase Cool Cats items using Ethereum and other digital currencies on exchange platforms like SuperRare, Rarible, and OpenSea. The Cool Cats community is one of the most active in the industry, and the founders are working relentlessly to improve the project.

The NFT project boomed in popularity after Mike Tyson used a Cool Cat NFT as a Twitter profile picture. Among the celebrities who invested in cool cats are Alexis Ohanian, Reece Whiterspoon, and Steve Aoki.

Related: Beyond Digital Artwork: 5 NFT Uses

7. Hape Prime

Hape Beast developed Hape Prime which became viral on social media immediately after its release in 2022. The collection of NFTs includes 3D artwork of hype beasts, which have been transposed into streetwear items.

Hape Prime is derived from the Bored Ape Yacht Club collection and is one of the most successful projects. At the moment, there are over 300,000 Twitter users following the official page of the project. Besides investing in NFTs, people also purchase clothing items from the collection the brand launched in 2022.

What’s more to say?

The NFT sector is constantly evolving, and new projects and platforms are launched daily. While some of them could grow to the popularity of the Bored Ape Yacht Club, others could remain unknown to the public for years. Whether you are an investor or collector, we hope the above top helped you figure out what projects you should turn your attention to.

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Arnab

Arnab is a professional blogger, having an enormous interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, He carries out sharing sentient blogs.

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Ideal Retirement Age Planning: Strategies For Financial Freedom

When approaching retirement planning, it is widely recognized that starting early is a cornerstone of ensuring a secure and comfortable retirement. The notion of an ideal retirement age may vary individually, but there are certain age-related milestones that can guide individuals in maximizing their retirement benefits and minimizing penalties. Consistent saving from the beginning of one's career, coupled with a clear understanding of these milestones, is essential in laying a strong foundation for the future. Retirement planning is not a one-size-fits-all process; it involves a series of strategic decisions tailored to an individual's life stages and financial situation. Assessing how much do I need to retire on $100,000 a year in retirement is another critical component of the process. This involves not only saving but also making informed choices about retirement accounts and investments to ensure that the funds will grow adequately over time. Individuals must also be mindful of specific age benchmarks that impact retirement planning. For example, being aware of when they are eligible for certain government programs and the implications of withdrawing retirement funds at various ages can help in avoiding unnecessary fees and optimizing benefits. This strategic management of timing in relation to age is a key aspect of effective retirement planning. Determining Your Retirement Goals When planning for retirement, individuals must carefully assess their financial needs and health factors to establish a clear and realistic set of goals. Assessing Financial Needs A critical step in retirement planning is determining the amount of savings required to sustain one's desired lifestyle. Retirement calculators can be instrumental in estimating the necessary nest egg. These calculators assess current income, savings, and anticipated retirement age to provide a personalized savings goal. To tailor these estimates, individuals should consider: The proportion of current income they aim to replace during retirement is often recommended to be around 70-80%. Expected major expenses, such as housing and leisure activities. Potential sources of retirement income, including Social Security benefits, pensions, and annuities, which can reduce the reliance on personal savings. Evaluating Health and Life Expectancy Individuals' health status and life expectancy play a significant role in retirement planning. Those in good health may require a larger nest egg to support a potentially longer retirement period. Key considerations include: Life expectancy data to inform the duration of retirement savings should last. The cost of health care, generally rises as one ages, necessitates a larger reserve in the retirement fund. Long-term care insurance can mitigate the risk of high unexpected health-related expenses. By focusing on these aspects, individuals can establish a retirement plan that aligns with their unique circumstances and supports a financially secure and healthy retirement. Retirement Savings Strategies Optimal retirement savings strategies are centered on maximizing contributions to retirement accounts, understanding the significant effects of compounding over time, and balancing risk with investment choices. Maximizing 401(k) and IRA Contributions Individuals should aim to contribute the maximum allowed amounts to their 401(k) and IRA accounts each year. For 2024, the contribution limit for 401(k) plans is $20,500, with an additional $6,500 in catch-up contributions permitted for those aged 50 and over. IRAs offer a lower threshold, with a contribution limit of $6,000 and a $1,000 catch-up contribution. Taking advantage of these limits can significantly enhance one's retirement savings, especially when employers match a portion of 401(k) contributions. Understanding the Impact of Compounding The power of compounding cannot be overstated in the context of long-term investment. When returns are reinvested, they generate additional earnings over time. This effect is particularly potent for those who start investing early. For instance, investing just $100 a month starting at age 20 could lead to a substantial accumulation by retirement age, assuming a modest annual return. Balancing Risk and Investment A well-balanced investment portfolio blends various asset classes, such as stocks, bonds, and possibly other investments, to align with one's risk tolerance. Typically, stocks offer higher growth potential but come with increased risk, whereas bonds traditionally provide more stable, but often lower, returns. As individuals approach retirement age, they may consider shifting their investment focus towards more conservative options to preserve capital. Additionally, the use of a Roth IRA can be beneficial for tax-free growth and withdrawals in retirement, depending on an individual's tax situation. Navigating Government Benefits Government benefits for retirees hinge on correct timing and a thorough understanding of eligibility requirements. This section guides through Social Security and Medicare, two pivotal components of retirement planning. Optimizing Social Security Benefits To maximize Social Security benefits, individuals must consider their full retirement age (FRA), which varies from 65 to 67 depending on their birth year. Claiming benefits at the FRA ensures the full monthly benefit amount. However, one can begin receiving Social Security payments as early as age 62, but this results in permanently reduced benefits. Before FRA: Reduced benefits At FRA: Full benefits After FRA: Delayed retirement credits Strategically, delaying Social Security benefits beyond the FRA can increase the monthly payment by a certain percentage until the age of 70, offering one of the simplest ways to enhance one's retirement income. Planning for Medicare Eligibility Medicare eligibility begins at age 65, regardless of one's FRA for Social Security. Enrolling in Medicare on time is critical as late enrollment can result in penalties and gaps in coverage. Medicare includes several parts: Part A: Hospital insurance, usually premium-free if one has paid Medicare taxes for a sufficient number of years. Part B: Medical insurance, covering doctor's visits and outpatient services, which requires a monthly premium. Part D: Prescription drug coverage. Understanding the interplay between Medicare and other health benefits is also important, as it might affect decisions regarding employment benefits or Marketplace coverage. Individuals should review their options within the IEP or Initial Enrollment Period (IEP). It begins three months right before the month of their 65th birthday whereas it ends after three months. Conclusion: Preparing for the Unexpected In retirement planning, addressing potential risks and preparing for unforeseen healthcare expenses are crucial. They often advise individuals on incorporating health insurance and long-term care into their financial strategy and emphasizing the importance of an emergency fund and insurance options. Incorporating Health Insurance and Long-Term Care One must assess the risk of healthcare expenses and the necessity for long-term care. Health insurance is vital for managing costs associated with medical care during early retirement, especially prior to Medicare eligibility at age 65. Long-term care insurance can safeguard one's finances by covering expenses that traditional health insurance does not, such as in-home care or assisted living facilities. Assess Early Retirement Needs: Individuals retiring before age 65 should plan for their health insurance coverage to bridge the gap until Medicare. Long-Term Care Costs: Evaluate the potential need for long-term care services, which can quickly deplete retirement savings. Building an Emergency Fund and Considering Insurance Options An emergency fund is a backbone of financial security, acting as a buffer against unexpected expenses. They also stress considering various insurance options, such as life insurance, to mitigate financial risks to dependents. Furthermore, understanding penalty-free withdrawals from retirement accounts can provide greater financial flexibility in case of emergencies. Emergency Fund Size: Aim to save at least three to six months' worth of living expenses in an easily accessible account. Insurance as a Safety Net: Life Insurance: Provides financial support to beneficiaries in the event of the policyholder's death. Flexibility with Retirement Funds: Familiarize with conditions under which penalty-free withdrawals from retirement accounts are allowed, to avoid unnecessary financial strain during emergencies. Read Also: Smart Ways to Invest in Gold How To Start Your Investor Journey: 5 Credible Options To Explore What Investors Should Know about Investment in Gold and Silver Assets

DiversyFund 5 Steps to Protect Your Portfolio in a Difficult Environment

It is easy to get excited when the stock market is up, but what happens when prices start to fall? For many investors, a falling stock market is a reason to panic, but selling out when prices are low can be counterproductive - and a sure way to destroy a carefully crafted portfolio. If you are feeling a bit overwhelmed by the state of the market, you can ease your worries by diversifying your portfolio. Instead of panicking, you should utilize the five-step survival strategy Craig Cecilio, founder of DiversyFund, created as your guide. 1. Do a Gut Check: A severe market downturn or prolonged bear market will test the mettle of even the most seasoned investor. Even if you think you have a high tolerance for risk, now is the time to do a gut check. If you are feeling freaked out about the current downturn, your risk tolerance may not be as high as you think. Now is the time to reassess the situation and make any changes you feel are necessary. If you are working with a financial advisor, schedule a meeting to review your portfolio and assess your current level of risk. 2. Build Your Emergency Fund: Having a significant portion of your assets in cash and fixed-income investments can cushion the fall when the stock market declines. When the stock market hits a rough patch, those emergency reserves become even more important, so take a good look at your portfolio and make sure you have sufficient savings. Financial experts recommend that you have a minimum of three to six months’ worth of living expenses in an emergency fund, more if your job situation is uncertain or you are worried about the future. If you feel you are too heavily invested in stocks, pulling some cash off the table and adding it to your contingency fund might make sense. 3. Take Advantage of Rising Interest Rates: The stock market often struggles when interest rates are on the rise, but those rising rates could be a golden opportunity. If you have an emergency fund and stash of contingency cash (and you should), take advantage of rising rates to boost your passive income. If your emergency cash and contingency funds are sitting in a low-interest savings account, look around for other, higher yielding alternatives. Moving your funds to a money market or online bank could increase your earnings and help you get more for your money. 4. Chill Out: Focusing on the day to day swings of the stock market is enough to drive anyone crazy, so take a step back and try to relax. Even if those daily dips seem frightening, thinking longer term and exploring alternative investments could have a calming influence. As they say, time in the market is better than timing the market. 5. Look for Buying Opportunities: When planning investments, it is crucial to consider diversifying investments to mitigate overall risk. One way to diversify your portfolio is to consider real estate, specifically multifamily real estate. If you’re looking for less hassle and more security, a real estate investment trust (REIT) could be a good option to explore. REITs allow investors to diversify their portfolio without the difficulties of directly acquiring the property. REITs invest large amounts of money into residential multifamily homes, commercial buildings, healthcare facilities, and large-scale industrial buildings as well. Investing in real estate is an excellent option for long-term investment. The typical real estate investor purchases a property and holds it for an expected increase in value or rents it out using the rent to bolster his or her income. Real estate that has been purchased through a retirement plan is also held for a longer period of time in order to realize a higher profit. Market downturns can be scary, and nothing can completely eliminate fear. Even so, panicking will do you no good, and it could do you a lot of harm. Taking a step back, and taking the right steps, could protect your portfolio during the downturn and put you in a better position when things turn around. Read Also: How To Boost The Size Of Your Stock Portfolio Investments 101: How To Choose A Smart Stock 7 Tips To Purchase A Prime Real Estate Property

5 Ways to Become a Profitable Landlord

Becoming a landlord is an appealing prospect to many, with the opportunity to make long-term investments. However, there is also a common belief that becoming a landlord is a way to get rich quick, but this is rarely the case. In fact, being a landlord can be a lot of hard work, requiring dedication, knowledge, and skill to turn a profit. To help boost your earnings, here are 5 ways to become a more profitable landlord. Treat Being a Landlord as a Business : Firstly, in order to boost profit, you need to know your figures. This means more than calculating how much you can afford when looking to buy property, but also fully understanding the actual return on investment. This is where rental yield is essential. Calculated as a percentage of the property’s value, yield shows yearly rental income compared to the investment price. The higher the percentage, the higher the yield and therefore, the bigger the income. Read here to find out more about rental yield. Stick to Areas You Know : When investing in property, it may be tempting to buy in another location that offers more attractive rental yields, or an area has been deemed as up and coming. However, this may mean buying in the property market that you are unfamiliar with, which can pose a larger risk. As such, it may be a good idea to stick to areas you know. This is particularly true for early investments, as securing a profit is essential to building a successful portfolio. Invest in Property Upkeep : In order to boost the profitability of your portfolio, you may want to spend as little money as possible. While this works in theory, properties require continual upkeep and investment. Often, this required some simple DIY, such as repainting a property before a new tenant moves in. Although this is an additional expense, a clean and modern interior could make your property more attractive to prospective tenants and boost rental value. Ensure Tenants are Happy : There is one thing that landlords dread: a vacant property. Not only does this mean zero income – while the mortgage, council tax and insurance must still be paid – but an empty property is also at a higher risk of being broken into. When aiming to keep a property leased, think about the needs of your tenants. After all, happy tenants are likely to stay for a longer period, reducing turnover. To do this, in addition to property upkeep, thoroughly screen applications and address maintenance issues in a timely manner. Consider Letting Through an Agent : Lastly, in order to increase your profit margin, you could consider letting as a private landlord. However, this can be time-consuming, meaning you would be responsible for dealing with tenant screening and repairs. In this instance, it may be a good idea to let through an agent. While this will carry a monthly fee, it can save you a lot of time – especially if you own multiple properties – allowing you to build your property portfolio or continue to work. Being a landlord can be difficult, but it can also be rewarding, both personally and financially. To help you get more out of your portfolio, you could consider these tips. However, these suggestions alone are not enough – it is also important to thoroughly research every potential investment.

7 Most Popular Non-Fungible Tokens Of 2023 – So Far