These were the first type of NFTs originally made famous by CryptoPunks back in 2017
Spacebudz was the first NFT on Cardano released in March 2021 and is the quintessential OG collection
Having a bluechip pfp as your Twitter profile is an example of digital flex akin to sporting a fat Rolex in real life (irl)
Gen art is the process of creating art with the use of a computer algorithm. The artist formulates the rules which provide a framework to be followed. The algorithm then runs and churns out the art
The artist might have a basic idea of what kind of art will be generated, but there will be surprises along the way - the more iterations, the higher that likelihood becomes
Onchain NFTs are compiled from just a few lines of code and the entire asset lives securely on the blockchain
The file size cannot be bigger than 16kb which means the coding has to be incredibly efficient
This also means that accompanying NFTs with music is very tricky since music files are quite large
NFTs can range from avatars to skins and weapons as well as land and vehicles
Cardano's Equine is a yet to be released virtual horse racing game in the vein of the popular DeRace and Zed Run
Cycl:r is a ride-to-earn game in the vein of Solana's StepN which, if they do it right, could prove to be very popular
These are 'Ready Player One' type worlds being built to digitally imitate our real one
Sandbox and Decentraland are the two most famous metaverses. Snoop Dogg is currently building a digital recreation in the Sandbox of his mansion in California called Diamond Bar
Major metaverse projects on Cardano include Pavia, Cardania and Cornucopias, which is a play-to-earn, play-to-learn metaverse game
Nothing is as freely shared on the internet as photographs and the photographers who take them rarely get credit
Minting photographs into NFTs is imperative for all photographers as a way to prove ownership. NFTs should incorporate a time stamp and artist certificate in the metadata
Cardano is home to some great photographers, with their work varying from cityscapes, whales, tree elements and bubbles to name a few
This category will likely be very popular in the future when art museums and galleries start to mint all their art into NFTs
These NFTs include event tickets and memberships
NFT tech really lends itself to this type of item because it reduces forgeries. It also means that the tickets or memberships can be resold on secondary markets often at a profit if demand for them has increased
Snoop Dogg has partnered with Cardano's Clay Nation to release unheard music and limited edition pitches as NFTs. These should be available in Q2 of 2022
Sports Moments is a hot new type of NFT with the NBA Top Shot dominating the space. It is basically a video clip of a memorable sporting moment, the most being The LeBron James Dunk which sold for just over $200,000