Pixel art NFTs have been gaining popularity in the digital art world, with unique and limited edition pieces fetching high prices in online marketplaces. If you’re looking to invest in this burgeoning market, here is your ultimate guide to the best picks of 2021.
What are Pixel Art NFTs?
Pixel art NFTs are digital artworks created using pixelated graphics, reminiscent of early video game graphics. These artworks are minted as non-fungible tokens (NFTs) on blockchain platforms, making them unique and rare collectibles that can be bought, sold, and traded in online marketplaces.
Why Invest in Pixel Art NFTs?
Investing in pixel art NFTs can be a lucrative opportunity for art collectors and investors. These digital artworks have a growing demand among collectors who appreciate the unique aesthetic of pixel art and the scarcity of NFTs. Additionally, the blockchain technology ensures the authenticity and ownership of each piece, making them valuable assets in the digital art market.
The Best Picks of 2021
Here are some of the best pixel art NFTs to consider investing in 2021:
1. CryptoPunks
CryptoPunks are one of the most iconic and sought-after pixel art NFT collections. These 10,000 unique punks were created by Larva Labs and have become a symbol of the NFT craze. Each punk has its own distinct traits and rarity, with some fetching millions of dollars in online auctions.
2. Bored Ape Yacht Club
The Bored Ape Yacht Club is another popular pixel art NFT collection that features 10,000 unique apes with different accessories and attributes. These apes have a strong community following and have seen a surge in demand and value in recent months.
3. Pudgy Penguins
Pudgy Penguins is a collection of 8,888 cute and chubby penguins created by a group of artists. These penguins have a whimsical charm and have gained popularity among collectors for their playful and endearing designs.
How to Buy Pixel Art NFTs
To buy pixel art NFTs, you will need to create an account on a blockchain marketplace such as Opensea, Rarible, or Foundation. Once you have set up your account, you can browse through the available collections, place bids on your desired artworks, and complete the purchase using cryptocurrency.
Tips for Investing in Pixel Art NFTs
When investing in pixel art NFTs, it’s important to do your research and consider the following tips:
- Look for unique and rare artworks that have strong community support
- Check the authenticity and provenance of the NFTs before making a purchase
- Diversify your portfolio by investing in different collections and artists
- Stay updated on the latest trends and developments in the NFT market
FAQs
Q: Are pixel art NFTs a good investment?
A: Pixel art NFTs can be a good investment for collectors and investors who appreciate the unique aesthetic and scarcity of these digital artworks. However, like any investment, it’s important to do your research and consider the risks involved.
Q: How do I know if a pixel art NFT is authentic?
A: Each pixel art NFT is minted on a blockchain platform, which ensures the authenticity and ownership of the artwork. You can verify the authenticity of an NFT by checking the blockchain transaction history and the artist’s verification on the marketplace.
Q: Can I resell my pixel art NFTs?
A: Yes, you can resell your pixel art NFTs in online marketplaces or through auctions. The value of an NFT can fluctuate based on demand and market trends, so it’s important to monitor the market and consider the timing of your sale.