What is an NFT project?

Nansen provides an in-depth guide to NFTs here: Everything You Need to Know About NFTs. An NFT project is a collection of NFTs released by a group with a finite supply. NFT collections observe stylistic similarity with varying characteristics. A classic example is Yuga Lab’s Bored Ape Yacht Club NFT project.

How much does NFT land cost?

For example, in 2017 land from Decentraland cost $20. That same land now sells for $6000. A blockchain and Web3 project should always have utility - aka a use case. An NFT land project is no different.

Why should you invest in NFT?

Access to opportunities. Collaborations are born when sharing space with like-minded people. Many NFT investors are becoming builders of their own projects, which creates opportunities within communities for designers, developers and marketers to team up. Learn from others.

What are the top NFT projects of 2023?

Nansen shares the top NFT projects of 2023, including BAYC, Azuki, Sandbox, Moonbirds, and more! What is an NFT Project? The bull run of 2021 marked a transformative year for the NFT space, but after months of downward price action in the broader markets and liquidity drying up, which are the top projects today?