Bored Apes, CryptoPunks, CloneX, these are the ones you should know about
What are the most popular avatar or PFP NFT collections on the market? With Bored Apes and CryptoPunks you will already know two of those, but the list is continuously developing and evolving. That’s why we update this list regularly so that you always know what the hottest avatar PFP NFT collections are.
PFP stands for picture of proof, or simply put a ‘profile picture’. From the end of 2020 till mid-2021, PFP NFT collections represented by CryptoPunks and BAYC have swept the top auction houses. Arguably, PFP NFTs are changing the way people consume art and culture, even subverting the traditional business logic. This trend is unstoppable.
Running a successful PFP project requires strategic planning, including marketing, community building, business model design, technical support, etc. It is exciting to see how much innovation these projects have brought to the blockchain ecosystem. In this article, we will share the top 10 most popular PFP NFT collections with you. The figures in this article were written down at the time of this writing.
#1 Bored Ape Yacht Club
Bored Ape Yacht Club (BAYC is a members-only club, a trendy gaming brand, a commercial empire, a cultural symbol, or anything the community decides it to be.
Being a superstar in the PFP NFT field, BAYC has become the equivalent of Lamborghini in the virtual world for bragging about social status. The most updated name list of celebrities who have “aped in” includes NBA stars Stephen Curry, TV host Jimmy Fallon, music icons Eminem, super idol Justin Bieber, and billionaire Mark Cuban. Without any surprise, the patronage from top celebrities seems only to grow.
The No.1 PFP collection with an all-time volume of 486,403 ETH ($1.58 billion) just launched a governance token for the ApeDAO. To value this phenomenal NFT collection, you can get inspiration from the DappRadar article How to Value Bored Apes Yacht Club NFTs.
As the first-ever PFP project, CryptoPunks started a paradigm for avatar collecting. Launched in June 2017 by Larva Labs, CryptoPunks ignited the NFT craze in late 2020. The pixelated profile pictures used to be at the pinnacle in the PFP competition. However, it was outperformed by BAYC in December 2021 for the first time. On March 11, 2022, Yuga Labs (parent company and creators of the BAYC) announced the acquisition of the CryptoPunks IP.
Although BAYC is leading the current floor price, CryptoPunks still ranks first with an all-time trading volume of 883,506 ETH. Most importantly, the digital ownership education that CryptoPunks has given the public is indelible. To get a more solid idea of CryptoPunks’ valuation, check out the article How to Value CryptoPunks.
#3 Mutant Ape Yacht Club
The Mutant Ape Yacht Club (MAYC) is a derivative project by BAYC. The Mutant Apes were created by exposing a Bored Ape to a vial of Mutant Serum. In this way, BAYC rewarded loyal Bored Ape holders with an entirely new NFT, a mutant version of their primates. Furthermore, it also lowered barriers for novices to participate in the BAYC ecosystem.
Mutant Ape #4849 is the most expensive NFT in the collection by far.
This Mutant Ape with black horns and a long-toothed livid face sold for a whopping 350 ETH. The collection currently has a floor price of 26 ETH and an all-time volume of 307,575 ETH.
CloneX is a prominent example in the world of virtual street fashion. The creator of CloneX, RTKFT Studios, has been rising quickly in virtual streetwear and sneakers. With an ambition for the metaverse, NIKE Inc. acquired RTFKT in December 2021, recognizing the next-generation collectibles for its cutting-edge innovation to merge culture and gaming.
This hotly-anticipated PFP project teamed up with the top contemporary artist Takashi Murakami last year to jointly release the avatar collection. Undoubtedly, the collection sold out immediately, even starting at 3 ETH.
Launched by Larva Labs in May 2021, Meebits are 20,000 3D voxel figures designed to look like characters from famous open-world games such as Minecraft and Roblox. This project intends to use these NFT characters in a variety of games, virtual worlds, and other applications. On March 11, the Meebits NFT collection joined the Yuga Labs family together with its sister project CryptoPunks. Currently starting at 5 ETH, Meebits have a special place in the wider ecosystem.
The Nouns NFTs are 32×32 pixel avatars. The DAO-driven nature of the project means owners can help shape the project’s future. Why is the Nouns DAO important? The Nouns NFT is an open-source project that stems from its mission to eventually attract builders who can turn the raw materials into dapps to benefit the users. The concept of Nouns highly resonates with the supporters of decentralization, therefore becoming a major project in NFT’s world. Did you know they sell 1 noun NFT per day through an auction?
Doodles NFT is a darling in the NFT community. Launched last October, the Doodles NFT collection has been storming the charts and has become one of the most loved collections in the NFT industry. After all, who can say no to lovely characters in macaron colors? But, more importantly, the project’s community-first approach has completely won over fans’ hearts. For example, the Doodlebank, its community treasury, aims to fund products and events voted by the community. And only the Doodle holders have the privilege to decide how the funds should be spent. Since its launch, Doodle has actively collaborated with various projects, bringing the community an unrivaled experience.
#8 World of Women
World of Women (WoW) NFTs put an end to crypto’s boys-only image. WoW, the brainchild of artist Yam Karkai, endeavors to balance representation in the NFT space and empower women through various charity works. WoW made its debut with a floor price of 0.07 ETH on 27 July 2021. The collection’s valuation has witnessed a staggering rise, reaching 13.058 ETH per NFT as of this writing. With a vision to build a community celebrating inclusivity, equality, and representation, WoW’s success is further enhanced by the endorsement of celebrities like Reese Witherspoon, Eva Longoria and crypto evangelist Gary Vaynerchuck.
In late January this year, Azuki dominated in sales of the NFT sector. The anime-style NFT characters sold out in three minutes, raking in over $29 million. Azuki positions itself as a high-end brand for the Metaverse, and they want the community to be the core of its future. The member-only Garden is a corner in the metaverse where art, culture, and community fuse to spark inspiration. The success of Azuki is not so surprising. First, the outstanding visual art of Azuki speaks for itself. Moreover, the prosperity of the global anime culture in recent years has also driven the project to the front of a broader audience. To better understand the value of Azuki, check out the How to Value Azuki article by DappRadar.
# 10 VeeFriends
The marketing veteran Gary Vaynerchuk created VeeFriends to fulfill his ambition to build a community for his business passion. By holding a VeeFriend NFT, owners will instantly join the VeeFriends community and have access to VeeCon. VeeCon is a multi-day event for NFT holders. The conference will revolve around business, marketing, creativity, entrepreneurship, and innovation in the cryptocurrency industry.
In today’s blockchain world, people are extremely hungry for information. Many people think owning a VeeFriend is like holding the golden key to unlocking industry knowledge. Therefore, this golden key currently costs you 15.1 ETH.