These Are The Top 5 Crypto Gaming And NFT Projects That Revolutionized The Industry
Throughout the thousands of NFT and crypto gaming projects that have been launched in the span of less than a year, there have been plenty of winners and even more losers. However, a few projects put on an absolute master class in bringing something innovative to the sector. The impact these projects had echoed throughout the industry. Today we figured we’d switch up the pace a bit and have a little fun. After looking at a few of the top projects in the space, we’ve decided to list five that we feel helped pioneer a few trends that are popular within the sector.
Keep in mind that the projects mentioned below are based on our own opinions. We know and understand that some of you all may respectfully disagree. If that’s the case, feel free to leave a comment with a few of you all’s picks. Without further ado, let’s dive in!
We have to start the list off with one of the projects that revolutionized the way NFT communities are launched. Changed the launch approach to a riddle based approach.
Neo Tokyo is the brainchild of none other than our very own EllioTrades and Alex Becker.
Prior to NT, community members were accustomed to fighting through gas wars to mint and grinding through mundane tasks to gain a whitelist spot.
Neo Tokyo took the minting process and flipped it on its head by having hopeful Citizens solve complex riddles and actually use their brains to earn a spot into the coveted community.
You can say that it was one of the first projects to reward the community based on merit as opposed to money. Not to mention, this was also a free-to-mint project.
The theme of merit continued through Neo Tokyo's mint process as minters of the first NFT token (IDs) were required to play games through an entire season to “earn” all of their pieces and fully upload as a Citizen of Neo Tokyo.
4 Pieces Earned through the challenges
The sum of the rarity of their pieces earned dictated their status in the community & the yield earned by their Citizen.
Citizens can buy, sell, & trade the pieces of their NFTs to increase yield, rarity, or status.
Soon after, other projects took notice and started using the same method to launch their NFTs and grant access to their whitelists.
Did I also mention that NT is one of the biggest – if not the biggest – crypto gaming alpha groups in the industry? Also, at one point, the floor price reached a height of 60 ETH.
We’ve seen celebrities endorse and attempt to launch countless NFT projects, and most ended up being either rug pulls or an epic fail.
However, for one very popular influencer, this has not been the case. Gary Vaynerchuk aka Gary Vee is one of the first celebs/influencers that was able to successfully launch an NFT collection.
VeeFriends currently sits at a floor price of 15 ETH.
Just a few days ago, it ranked amongst the top 5 NFT projects in floor prices.
There have also recently been NFT sales for as high as 21.7 ETH.
A portion of the project’s success can be attributed to Gary treating VeeFriends with the attention and care that the space is not used to seeing from a celebrity founder. It was recently announced that there will be a second series of VeeFriends released. We discussed in our last article the benefit of project expansions.
CloneX is an avatar project that was launched by RTFKT – the same company that produces the popular NFT sneakers and wearables.
RTFKT was no stranger to success within the NFT sector. However, they reached another level of success when it was announced that they were acquired by Nike.
This was (and still is) one of the first cases that we’ve seen of a native NFT startup being acquired by a major brand. Once the news of the acquisition hit the airwaves, the prices of the CloneX NFTs skyrocketed as expected.
A few legendary CloneX sales occurred as well. One NFT sold for 200 ETH.
Since the acquisition, we’ve seen teasers of what’s to come.
This will not be the last acquisition of a crypto native company by a mega brand, but we can never forget who did it first.
We must show love to one of the OG projects that paved the way for NFTs implementing sustainable token economies ($Banana) and creating the appeal of alpha groups.
Not only have the Kongz given some of our most beloved projects the blueprint to launching a token with real utility, they’ve also been indirectly tied to the success of these same projects.
At the moment, a Genesis Kong will cost anywhere between 80 ETH - 90 ETH. The price is a testament to the amount of value that one can obtain from gaining access to $BANANA as well as the Wall St Kongz alpha group.
It is worth noting that 80 ETH - 90 ETH for a Genesis Kong is actually a bit of a bargain. Let’s not forget that approx five months ago, the floor price was 159 ETH. Granted this was around the height of the NFT bull cycle, but we could easily see this level of activity again.
Loot (for adventurers) was the first of its kind that started an entire new wave. Loot was a free-to-mint project that was stealthily launched.
Introduced the first completely open source “items” to be used by the community in the metaverse.
This spun up a narrative around decentralized NFTs & assets that’s use are determined by the community, including a number of derivatives, & had influence on the design of projects like Neo Tokyo.
We can also thank Loot for being a key catalyst of the insane NFT bull run that we experienced throughout 2021.
The thing that makes Loot so revolutionary is that there was no plan, Discord, roadmap, or marketing in place when it was launched. All you had were these weird NFTs that consisted of a list of words on a black background.
Did I mention that these weird NFTs achieved some respectable floor prices?
It was speculated that these words were a description of in-game items of a game that was to be built in the future.
Since then we’ve seen a few Loot derivatives – Treasure Dao being one – as well as the release of Loot inspired crypto game, The Crypt Game.
Well, there you have it. Those are our Top 5 crypto gaming and NFT projects that helped revolutionize the industry that we’ve all grown to love.
If you notice, these projects have one thing in common. All of the projects listed above have done exceedingly well for those who had the foresight and a little bit of luck to get their hands on one of the NFTs.
The moral of the story is that you’ll rarely go wrong supporting the builders that are bringing true innovation to the space. When you’re fortunate enough to spot innovation, follow it.