NFTs have exploded in popularity this year. Some digital art pieces that were selling for hundreds of dollars last year are now selling for millions of dollars.

For me, especially fascinating was the rise in popularity of Crypto Punks. Currently, the cheapest one is selling for 99 ETH ($448K).

Crypto Punks For Sale. Source: larvalabs.com

The first-mover advantage and the overall hype around NFT space helped Crypto Punks to skyrocket in price. Now, for NFT investors, the question is what collection can potentially replicate the success of Crypto Punks.

I believe that when it comes to NFTs, there are two main components of success. The first one is the project’s community, and the second one is time.

Community is important to generate activity around the project and grow awareness. Time is important since it has a positive effect on the value of the item. Here, you can draw a parallel between traditional art/collectibles and crypto art (the older the item, the better).

So in five years from now, with the fast pace of development of the whole blockchain space, some NFTs that you minted in 2021 could be worth x100 or even x1000 times more than they are today.

So, in this email, I will cover just three collections that, in my opinion, can potentially produce high returns. However, you should not limit yourself to just these three. Start exploring the NFT space, and I am sure you will find many interesting JPEGs that can potentially produce life-changing returns.

The Shiboshis

Opensea link. Floor price 1.69 ETH.

As I mentioned already, the community is nearly everything for an NFT project. What is interesting about the Shiboshis collection is that it is backed by the famous Shiba Inu project.

This meme coin gained enormous popularity this year and is currently ranked Top-11 by market capitalization across the whole crypto market. SHIB token has over 900,000 holders, while the project has over 1.7M followers on Twitter.

From this large army of supporters, it will not be difficult to find people who would want to own a piece of the first NFT collection from Shiba Inu.

The team behind Shiba Inu plans to offer many additional benefits for Shiboshis holders. These benefits include:

  • Direct communication to the Development team, Breed Alphas, and Team members of the Shiba Inu ecosystem.
  • Privileged information and news regarding any update and upcoming NFT/Gaming releases.
  • Additional benefits within roadmap activations and timelines.

Moreover, the team plans to launch its own game where Shiboshi holders will have the ability to use their NFTs in strategic gameplay. Some Shiboshi properties will have corresponding gameplay elements attached.

So, long story short, as Shiba Inu ecosystem growth, Shiboshis NFTs could become a really valuable asset within it, and its floor price might grow far beyond 1.69 ETH.

Lobsterdao

Opensea link. Floor price 1.3 ETH.

Lobsterdao collection is another NFT collection backed by a legendary community. These NFTs were airdropped to the active participants of the Lobster DAO chat in Telegram. This is one of the most respected DeFi communities in the space. Among its participants are many founders and developers of the largest DeFi dapps in the space, such as Yearn Finance, Aave, Ren, and others.

The benefit of owning such NFT could be tremendous in the future. I expect that there will be projects that will offer private or public sale allocations specifically to Lobsterdao NFT holders. For projects this would be an easy way to attract a highly professional community.

LobsterDAO chat is full of project’s founders and high profile developers, and I have no doubts that they will utilize this NFT collection, in the way that will benefit both NFT holders, and the community in general.

Hashmasks

Opensea link. Floor price 0.92 ETH.

Hashmasks launched its collection in February of this year, and I personally have been a holder of several Hashmasks since then. The project was created by over 70 artists globally, and in my opinion is among the few in space with quality art.

Moreover the project is evolving. Its community has formed its own DAO, and is actively collaborating with other projects and artists.

This year the community already had several interesting activities, to attract more attention to the project. As an example some Hashmask were featured on NY Times Square.

Another interesting fact is that recently all Hashmask holders received an airdrop (currently worth nearly $4,000) from the Botto project. This way the project wanted to attract attention from some of the top NFT collections holders.

I expect that partnership with other projects can make Hashmask quite popular in the future, and see that the community and the team behind the project is actively working towards that goal.

Final thoughts…

I encourage you to explore NFT space, and I am sure you will be able to find many more quality collections that can make tremendous returns in the future.

The only thing you should not forget about is the time factor. When you find a good digital art piece try to hold it for a few years. This can potentially be your “x100” project.

Patience is rewarded.