jakiro
Author: William M. Peaster, Bankless; Compilation: Deng Tong, Bitchain Vision
With Blur no longer like it used to be, the recent bearish Ethereum NFT scenario may have bottomed out and may soon see a big rebound.
Of course, major collections like CryptoPunks, Pudgy Penguins, and Miladys may sell well in such reversals, but those lesser-known gems may also be seriously priced incorrectly today?
When I look around the ecosystem, some smaller projects are currently standing out in my opinion and becoming the main competitors for revitalizing because they are well-known digital products.
Let’s focus on these projects and talk about why they are important!
1) 0xmons
Created by: 0xmons
Current floor price: 0.42 ETH
Named after its creator, 0xmons was first released in December 2020, a digital collection of pixel monsters whose animations are produced through Generative Adversarial Networks (GAN) technology.
By using machine learning in this way, 0xmons is one of the early AI art projects launched in the cryptocurrency scenario, so I doubt it will continue to grow like an AI collectible.
2) Avastars
Creator: nft42
Current floor price: 0.013 ETH
In the NFT History Book, Avastars is known for being the first Profile Picture (PFP) project that pioneered a system that stores all its features entirely on the Ethereum chain.
Since Avastars launched in February 2020, this technology has inspired dozens of other on-chain series, so this significant impact combined with the current truly approachable bottom price makes me think that now is a good time to buy some of these PFPs.
3) CrypToadz
Creator: Gremplin
Current floor price: 0.25 ETH
Gremplin is one of the most talented and iconic “One of Us” artists in the cryptocurrency space, and his September 2021 10k PFP series CrypToadz is an iconic ode that perfectly outlines the atmosphere of the previous NFT bull market.
I chose to live in a world where artists like Gremplin are deserved respect, so I just chose to believe that CrypToadz should trade above 0.25 ETH.And, say, 5 years later, I think their trading volume will be higher than it is now because more and more people will know what he is.
4) Mutant Garden Seeder
Created by: Harm van den Dorpel
Current floor price: 1.07 ETH
In my opinion, one of the most outstanding art series in the 2021 NFT is the Mutant Garden Seeder by artist Harm van den Dorpel.In short, each of the 512 pieces in the collection evolves dynamically with the ethereum block hashing, making it a truly compelling exploration of the art of life and digital creatures.
Having said so much, I think the price of 1 ETH is too low for this level of collection, and as new collectors learn about Harm’s work, I wouldn’t be surprised to see these works again with 4 ETH in a few yearsprice transaction.
5) Terraforms
Created by: Mathcastles
Current floor price: 0.54 ETH
If you read my recent guide to Terraforms, it is no surprise that I think this project is one of the most underrated projects in the Ethereum NFT space.Launched in December 2021, Terraforms is a level 20 virtual “Hypercastle” whose plots evolve over time through their smart contract code.
As a pioneer in the art of runtime, Terraforms stands out for its fully on-chain, continuous dynamic generation and high composability.I think anything below the 1 ETH reserve price in this series is a total theft because I think these works can stand the test of time because of their artistic meaning.
