Top 3 NFT Projects with Long-term Growth Potential

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The NFT market is certainly crowded.

“If people are willing to pay a fortune for random scribbles, I am gonna launch an NFT collection too,” thought most digital creators in the last few months.

And they have been doing just that. As the obsession with profile picture NFTs slowly subsided, projects have been adding the metaverse and P2E tags to drive speculation. While initial NFT offerings perform remarkably well, these NFTs fail to do well in secondary markets. Going forward, the delivery contradicts the grandeur promises. Communities soon come to see the project for what it is and get rid of their NFTs. The recent crash in the crypto-NFT markets accelerated this trend. It exposed the fragility of the once-hyped projects and communities.

However, some NFT projects have come out of the crash unscathed. NFTs like Silks witnessed a surge in value when the general market was crumbling down. These projects have something in common — a robust vision, an ambitious roadmap, real utility, and competent teams. The combination of these factors helps them withstand crypto winters. They reinstate faith in NFTs and web3. 

In this article, we take a look at the top three NFT projects to hold for the long term. 

Let’s take a closer look at the NFT projects listed above and discuss what attributes durability to them.

On top of our list is Silks, the first NFT project to bring thoroughbred horse racing to the metaverse. The community-owned gaming model integrates massive data sets representing thoroughbred bloodlines, training progress, and racing results to the blockchain through mining. The process is fundamental to the creation of Silks