Among the plethora of NFT collections, two names stand out as the most famous and expensive: Bored Ape Yacht Club (BAYC) and CryptoPunks.
NFT’s can be a variety of things, but the so called PFP (profile picture) is the most popular type. These are basically images of characters. Often a collection features the same basic design, but with changes in their appearance.
There are several collections which are popular, though not all stay popular. During the bear market a lot of crypto assets have lost their value, including NFT’s. Considering the top collections are very pricy, they lost a lot of value. Though some sensation and schadenfreude media websites love to publish about this, as if NFT”s are worthless, they are still very pricy.
Bored Ape Yacht Club (BAYC)
The Birth of the Apes: Bored Ape Yacht Club, created by Yuga Labs, is a collection of 10,000 unique, hand-drawn NFTs, each featuring a different cartoon ape. Released in April 2021, it quickly captured the attention of crypto enthusiasts and art collectors alike.
CryptoPunks