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      NFTs: Updates & collections to watch out for - Stocks Telegraph

      By Muskan

      Published on

      March 24, 2022

      2:39 PM UTC

      NFTs: Updates & collections to watch out for - Stocks Telegraph

      The NFT segment is always buzzing with activity and new developments as the novel technology are consistently being explored and tested for increased adoption. Rihanna and Mila Kunis are some of the top names of the celebrity world to have engaged with the NFT world. Mila Kunis’ studio has launched an NFT series called The Gimmicks. On the other hand, Rihanna has filed for trademark applications in order to offer her company’s products in the metaverse.

      HSBC – the British multinational investment bank – has become the first global bank to enter the NFT realm. HSBC has partnered up with Sandbox – one of the most solid projects in the market – to get a taste of esports and other offerings of the metaverse realm. The bank will be buying a land plot on Sandbox soon.

      TIME Magazine has launched its first-ever digitized magazine which can be accessed as an NFT. Ethereum co-founder Vitalik Buterin has managed to feature on the cover of the magazine. The digitized magazine was launched in partnership with LITDAO – a decentralized organization dedicated to creating decentralized books.

      NFTs to watch

      Last but not the least, one cannot ignore non-fungible tokens when it comes to maximizing gains from the crypto market as they are highly lucrative investments. Here are some of the top collections to look into for investing:

      Bored Ape Yacht Club (BAYC) is hands-down one of the most reputed collections in the NFT realm. From top celebrities to athletes, everyone has a piece of BAYC. Moreover, the collection also launched its native token Apecoin (APE) which quickly become the thirty-seventh largest cryptocurrency in the market. The launch of the token has, once again, brought the collection into the spotlight.

      Muri by Haus is the fourth-ranked NFT collection based on trading volume during the day. It is a collection of 10,000 individual characters each playing a unique role in the Night Sky world. During the week, the trading volume of the collection increased by nearly 200% which brought it under the limelight.

      World of Women is a collection of 10,000 NFTs brought forward by diverse and powerful women. The WoW is dedicated towards inclusivity to the Web 3.0 and metaverse by celebrating women and giving them equal opportunities in order to balance out the disparities that exist between men and women in the digital world.

      ZombieClub NFT was launched recently and the collection made headlines with its performance subsequently after its launch. The collection managed to climb the ranks and is currently the tenth-ranked in terms of trading volume. ZombieClub is a collection of 6,666 monsters.

      The final collection on our list is Cool Cats – which is regarded to be the coolest NFTs on the blockchain. Every Cool Pet hatch from an egg and the interaction of the owner determines the final features of the pet – each equally unique. Cool Cats is a collection of 9,999 NFTs on Ethereum’s blockchain.

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