In this article lets look at some of the best Avalanche AVAX NFT projects to checkout. Some of the top criteria used to rank the top NFT tokens on this blockchain are: Cost, Community, recent activities, Utility, Roadmap and the project.
Important: This article is not a financial advice. Don’t buy anything for profit, speculation, milestones or roadmap etc. And its definitely not an investment. . Please read these terms & conditions before you decide to buy anything.
Avax homes is a very interesting project on the Avalanche blockchain. It is a collection 10,000 different homes that can be purchased and owned. Each home is unique and cute. If this project is a success, we anticipate them also building a Decentraland like Metaverse project. If such a thing happens these home NFTs can be used in a very innovative manner inside the Virtual world. The floor price now is approx 2 AVAX and so far an impressive 20 AVAx worth NFTs have been sold on NFTKey marketplace alone. The project has a good presence on social media with 15K followers on Twitter. The team is very active with keeping the community engaged with constant retweets and mentions. There has been some incredible work put on the art and graphics part. The homes have a very wide variety of flavour for NFT collectors to choose from. Infact its a very good strategy to attract global buyers based on their taste of how they like the home to be.
Avax homes is for sure on the top Avalanche Avax NFT tokens to checkout this 2023.
( Img source: Screenshot taken from NFTkey listing of Avax homes )
A fresh collection on the Avalanche Avax Chain. Neat and matured art. The pink Flamingo's incorporate a myraid of traits and properties that fit well for each of the 2D artworks. The team behind the project seems to be very active on their social channels. The Twitter feed looks buzzing with continued engagement activities like giveaways, announcements etc. Based on the roadmap the project has on their website, looks like there is a lot of upcoming plans. The version of the project that was minted on the FTM protocol is sold out and also the Avax NFts are sold, which is a very healthy thing for an NFT collection. Also they mention about an upcoming cross-chain bridge from Anyswap using which you will be able to transfer the Flamingo NFTs across networks. And eventually to a Metaverse of the respective blockchain - which will open a lot many possibilities. These items in the roadmap make the project and attractive investment. Currently there are 777 NFTs on the Ava chain in the NFTKey marketplace, with a trading volume of approx 23 Avax. The floor price is 1.56 Avax at the time of writing this. Overall a good project, experienced team, fantastic artwork and a nice to know roadmap. If all works out well, the pink Flamingo would be one of the best Avalanche Avax NFTs to checkout this 2023.
( Img source: Screenshot taken from NFTkey listing of Pink Flamingos )
This is for sure one of the most successful NFT projects on the Avalanche blockchain. The only drawback is the same reputation of the Cryptopunks style and concept. But hey, none of that counts if people accept it - and in this case the sales volume clearly tells that the users have accepted it. So all good. The floor price in NFtrade marketplace is currently 1.87 and the collection has 10000 Avax punks NFTs. The total sales volume on this marketplace alone if around 24,000 Avax which is a very impressive number. Around 2400+ individual wallets hold these NFTs. The collection also has its own marketplace under its domain name, where you can trade as well. This is good, which means that they are their masters and dont completely depend on a secondary marketplace. Looking at the contract, artwork and project work done, there seems to be an exceptional team backing the project. The team also seems to have launched another collection by name Avax Guitars. The twitter account is quite active with constant giveaways and contests held. If you looking to invest, this is one of the top Avalanche Avax NFTs to checkout.
( Img source: Screenshot taken from NFTrade listing of Avax punks )
Industry News ( May 30, 2022 )
Move-to-Earn Fitness cryptocurrency app STEPN that pays users to take part in fitness activities in their neighborhood daily to earn cryptocurrency as a reward was asked by the Chinese govt. authorities to block users living in the mainland /central area of China. The Government's regulations prevent the popular NFTs for sale. The Move-to-earn game Stepn has to comply with the regulation by July 15. Right after the announcement was put out by the governmental Press machinery, the price of StepN's native cryptocurrency took a dive below 40%. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%.
Stepn's team has decided to abide by the Chinese regulators by blocking access to the users on the app. Blocking the service involves identifying their GPS location, WIFI location and the IP to determine if they are from mainland China. For a user outside of the region, StepN needs all these three services to track their movements, etc before they can reward cryptocurrencies and NFTs. In a statement released by the StepN team, they also mentioned that apart from blockchain access to the users, the StepN platform will not partner with any business that want to advertise & collaborate with StepN in the near future due to the regulations that prohibit the platform from doing business that involve transfer/exchange/gifting of cryptocurrencies.
The statement also read that "The team apologizes for the inconvenience caused by the inoperability of the platform and thanked the users. It also reiterated that the platform hasn't engaged in conducting business within the region since the startup was started, as it was aware of the regulations already in precedence. STEPN also isn't available in the said country on the regular download channels like play store or iOS store. It said that it complies with the regulations laid down by different countries before it makes available it's services"
In the closing statement, it added that any details related to the transfer out / cashing out of the earned cryptocurrencies by the users will be handled by the support team, and the related announcements will be made through their social channels, emails and through the app notifications. Due to the announcement, the price of StepN's native crypto crashed by 38%, but the popularity of the token on Chinese social media Weibo increased as StepN turned out to be a trending term on Weibo search.
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