Blue Chip NFTs: What Are They and How to Find the Next Trending NFT?

The importance of Blue Chip NFTs cannot be overstated. This article will help you understand what they are and what to look for in the next trending NFT.

You may have heard people talking about blue chip stocks before. People usually think that blue chip stocks are a safer investment than other stocks and are more likely to make money in the long run.

Non-fungible-tokens (NFTs) work the same way. Some NFTs out there are more well-known and established than others, like Bored Ape Yacht Club and Crypto Punks. These are blue chip NFTs. Collectors and investors usually think that blue chip NFTs are a safer investment than other NFTs. They are more likely to go up in value over time. So, if you’re thinking about investing in NFTs, you might want to consider buying some blue chip NFTs.

Understanding Blue Chip NFTs

In traditional finance, a blue chip bet, stock, bond, etc., is an asset you can invest in for the long term. Similarly, blue chip NFTs are non-fungible tokens in which you can safely invest. The appeal or value of that NFT most likely will not fade anytime soon to the people who matter most – the collectors. And when an NFT becomes a blue chip, it’s because it has been determined that the NFT is rare and unique and has a high resale value, turning over significant profits. 

NFTs expected to have a good chance of increasing value over time often become blue chip NFTs. If you invest in one of these NFT projects, there’s a good chance you’ll make money if you sell it later on. Blue chip NFTs are usually from established companies with a solid track record. 

Blue chip tends to have a lot of users and offers a lot of features. That makes them attractive to investors, who are willing to pay more than other NFTs. But it’s not just the size of the company that matters. 

The team behind the NFT project also needs to be experienced and have a good reputation. Otherwise, even a big company can’t guarantee that its NFT will succeed. So, when you’re looking for blue chip NFTs to invest in, make sure to do your research and only invest in projects you believe in.

Blue chip NFTs are important because they provide a means to invest in something great and earn a return on your investment. If you buy a blue chip NFT for $1,000 and it goes up in value to $10,000, you have made a 10x return on your investment. Or it can go up 100x and beyond. Buying a blue chip NFT brings support to support an NFT project that brings real-world value to its community.

Moreover, the blue chip brand can continue to deliver a good product/service and value to the world if they have continued support. For example, suppose Apple continues to make great iPhones. In that case, people will keep buying them, and the company will continue to be successful. Investing in blue chip NFTs is a way to invest in companies that are likely to be successful in the long term.

Blue-chip NFT projects are the ones that continue to execute and deliver value for their consumers, building up a good reputation in doing so. Most NFTs won’t ever become this type of brand but those who do create a world of value for their respective NFT community.

How to Find the Next Blue Chip NFT project? 

When you’re overwhelmed with the endless number of new NFT projects launching every day, finding the next trending NFT project can be challenging. And if that’s not enough pressure for any crypto enthusiasts out there – we’ve got some tips to share. – endlessly scrolling OpenSea NFT marketplace is not enough, and it’s essential to look beyond what you physically see. As in, do not judge the book by the cover. Read between the lines. Look for impact-driven initiatives, thought-leadership, the road map, and use cases.

The number one place to go for NFT tips is social media platforms. Without a doubt, it’s where the community lives and shares information on Instagram or Discord especially! NFT drop calendar websites such as NFTcalendar or NextNFTdrop are great platforms and easy to navigate. 

New Blockchain Gaming firm, MetaBlaze, is set to launch its MetaGoblin NFT project this week. The NFT project aims to bring more real-world value to the Web3 community through impact-focused initiatives and create a tribe of like-minded community members. The NFT collection checks all the boxes for a potential blue chip NFT collection. The high-end MetaGoblin NFTs are stacked with utility, including NFT airdrops, real-life events, the world’s first NFT working grounds, Bitcoin Rewards, etc. The well-rounded team is doxxed and KYC by Certik, a leading Blockchain Security Company. The company’s strategy merges NFTs into a multifaceted crypto ecosystem. The MetaGoblin NFT drop is launching as a presale mint before the Public Mint on OpenSea NFT marketplace. 

Successful Blue Chip NFT Projects

CryptoPunks, now owned by Yuga Labs, creators of Bored Ape Yacht Club NFTs, has arguably become one of the most popular NFT projects. The characters created by the blockchain-based NFT project are used as profile pictures on social media platforms like Twitter, Instagram, and Facebook. Pop culture figures such as Jay Z were spotted rocking some Crypto punk PFPs.

The Bored Ape Yacht Club is one of the most popular clubs in the world of web3. BAYC has partnered with other well-known brands like Rolling Stone and Adidas, just to name a couple- further solidifying their blue chip status.

MoonBirds NFT project recently launched with a bang seeing record-setting trading volume records on OpenSea NFT Marketplace. The 10k PFP (profile picture) NFTs sold out in under three hours and racked up 69 ETH ($207M), making it one of the most successful NFT mints to date. It didn’t take long for this latest collection to garner blue chip status, just days after its public minting!

Conclusion

NFTs are a new and exciting way to invest in crypto-collectibles, but it can be hard to find the right one to invest in. With so many options, it’s essential to do the research to help you process all the information and make a sound decision.

With a little bit of effort, you can find a blue-chip NFT project that has the potential to be the next trending NFT generating huge profits. You can use online resources like social media, forums, and review websites to understand what others are saying about different NFT projects. 

Pay attention to the roadmaps, team members, and ecosystem. Watch for red flags, such as a lack of transparency, community unrest, and no clear plans. These would be signs that an NFT project is not worth investing in. Do your due diligence, and you’ll be able to find a safe and profitable NFT investment with huge potential.