The Non-Fungible Token Bible: Everything you need to know about NFTs - OpenSea blog

The third-largest NFT “asset class” (after gaming and digital art) is naming services, similar to “.com” domain names but based on decentralized technology. Ethereum Name Service, which launched in May 2017 and is funded by the Ethereum Foundation, had 170,000 ETH locked up from 2017 – 2018 in names (successful bids are locked up in a contract so l... See more

Another piece of CryptoKitties’ success was the story. CryptoKitties were adorable, shareable, and fun — and the idea of buying a $1,000 digital cat was so absurd that it made a great news story. Additionally, the smart contract’s overeager users “broke Ethereum”, which made for a story in and of itself. Since Ethereum can only process a limited nu... See more

Cryptovoxels, another virtual world project, took a somewhat leaner approach. Launching with a very simple webVR experience in mid-2018 and led by a single developer, CryptoVoxels has gradually expanded its universe, careful not to sell more land than exceeds demand. Today, CryptoVoxels has done over 1,700 ETH in volume and the average price of lan... See more

The most exciting element of CryptoVoxels (as well as Decentraland) is the ability to show off your NFTs inside of the world. Collectible enthusiasts have created CryptoKitty museums, cyberpunk art galleries, an NFT advent calendar, towers populated with the top NFT projects, and in-world stores where you can purchase wearable items for your avatar... See more