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NFTs: Updates & new collections to watch out for

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The NFT segment is, hands-down, one of the most profitable segments in the cryptocurrency market as NFT collections continue to move upwards despite bearish momentums in the cryptocurrency market.

The freelancing industry is no doubt very large because of the limited barriers to entry. The boost of the NFT segment has also resulted in a surge in freelancing gigs related to NFTs. A survey conducted by Fiverr – one of the largest freelancing platforms – revealed that two-thirds of freelancers in the United States are working in the NFT sector. However, this has also sparked a debate about the sustainability of the NFT sector and a possibility of an NFT bubble.

The NFT sector has also managed to attract couture designers from the second-most populous country in the world – India. Popular designers like Manish Malhotra, Anamika Khanna, etc. have launched their NFT collections to engage better with their consumers. Moreover, India’s first fully-curated NFT marketplace, developed by Jupiter Meta, also went live yesterday.

A renowned Turkish university, Ankara University, conducted the first lesson of Turkey’s first course on NFTs which was conducted by top government officials. This indicates the favorable atmosphere surrounding the NFT segment throughout the world.

NFTs to watch

Investing in NFTs is one of the best ways to diversify your crypto portfolio and also ensure high returns because of how profitable the industry is. Here are some of the top-ranked collections to look into:

3Landers has topped the list in terms of volume ranking on OpenSea which makes it one of the hottest projects to invest in right now. The 3Landers collection went live during the running week and the team took extra measures to ensure fairness during the sale. 3Landers is a collection of 10,000 unique NFTs which give membership to their owners of a unique and exclusive community.

Tubby Cats by Tubby Collective is another top-ranked project with a volume of 11,821 ETH. The floor price of NFT collection is 064 ETH – making it an affordable project to invest in. Tubby Cats is also a recent launch in the market which is why it is currently very popular. The collection consists of 20,000 unique feline-themed NFTs. The collection has become the talk of the NFT town.

Invisible Friends is another new project that has garnered a lot of attention; however, as it is new this may be the ideal time to invest in the collection before it moves out of the realm of affordability. Invisible Friends is a collection of 5,000 animated and invisible designed by the Random Character Collective project.

CatBlox Genesis is a collection of 10,000 unique cat NFTs. The collection went live during the week which is why it is surging upwards. There is a lot of hype around the project which gives it a bullish outlook. The collection is currently ranked sixth in terms of volume on OpenSea.

NFT Worlds regards itself to be the world’s most flexible and capable metaverse platform. It is essentially a decentralized play-to-earn blockchain game. Each NFT World platform gives its owner unlimited freedom to build upon it and create their own ecosystems and games. The volume has been surging during the days as well as the weekly timeframe, indicating high interest.

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