5 NFT Success Stories in 2022: Projects with a Bright Future

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Goran Radanovic

Author

Goran Radanovic

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After graduating with two finance degrees, Goran worked in corporate finance for six years before becoming a full-time writer. He discovered crypto in 2017 and has been an investor in digital assets...

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January 22, 2024 07:54 EST

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Numerous NFT projects have tried to get their share of the pie, but only a few have been successful. We discovered 5 NFT crypto platforms that blossomed in 2022.

5 Successful NFT Platforms

Let’s take a closer look at each project and find out how they benefited investors.

1. Tamadoge

Tamadoge has differentiated itself from Dogecoin and Shiba Inu by developing a utility token and a play to earn platform. Players groom digital pets to receive TAMA tokens as rewards for their contributions.

Investors realized the platform’s value and sold out its crypto presale in less than two months. Now, TAMA is trading on OKX. 

Buy TAMA on OKX CEX

2. Battle Infinity

Battle Infinity is an NFT-based fantasy game enabling players to access 6 platforms. Players battle it out against other teams to earn IBAT tokens in the IBAT Premier League, Battle Arena, Battle Stake and Battle Games.

The platform also enables players to stake coins and receive rewards for being highly active. Battle Infinity’s presale sold out within 25 days of the scheduled 90 days. When IBAT began trading on PancakeSwap in August 2022, the coin surged 700% from its presale price.

Visit Battle Infinity

3. Lucky Block

Lucky Block has transformed itself from a regular prize platform to an NFT competition platform offering a Lamborghini and a home worth $1 million as main prizes. The native token, LBLOCK, surged more than 1,100% after its initial coin offering on PancakeSwap.

More exchange listings are in the pipeline. A 1% monthly token burn is scheduled to commence on 30 September 2022. That will decrease the coin’s supply and make the coin scarce.

Visit Lucky Block 

4. Silks

Silks is ideal for investors who enjoy horseracing. The game’s developers emulated real-world thoroughbreds by tracking their births and progress to reflect them in the game. 

Besides earning rewards when their real-life horse wins a race, investors can buy digital land and add infrastructure by buying NFTs to increase the value. Investors earn rewards for selling land for a profit or monetizing it by renting it. Rewards can also be earned by breeding horses.

Silks’ annual minting is taking place on 29 September 2022, enabling investors to own horses and participate in races.

Visit Silks

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

5. Bored Ape Yacht Club

Bored Ape Yacht Club (BAYC) had a phenomenal year. It proved to be one of the biggest NFT projects, featuring bored apes that had unique features. Celebrity ownership and endorsements of these limited edition NFTs resulted in some selling for millions of dollars.

The native token, ApeCoin, provided investors with 700% returns when it began trading on 14 March 2022.

Buy ApeCoin on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

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