In 2021, NFTs had a market size of $41 billion, almost equal to that of the traditional art market. NFT’s look promising as young people, freelancers, and artists will significantly benefit from the growth of NFTs. In addition, they make the exchange process much more manageable, with the authority to trade from anywhere in the world.
NFTs are a game changer. NFTs provide visibility to the artists along with a medium to monetize their artwork in real time. Apart from that, professionals from different walks of life benefit from emerging technology. This blog will help you uncover the basics of a project’s NFT, NFT traits, and common, uncommon traits.
What is an NFT?
Before diving into the attributes of an NFT project, let’s discuss its basics. Non-fungible tokens or short for NFTs, are cryptographic assets that are unique, non-interchangeable, and stored on a digital ledger. They are digital assets that hold value and harness the power of blockchain technology to establish proof of ownership.
Unlike cryptocurrencies, NFTs cannot be traded or exchanged. Moreover, they are different from fungible tokens (cryptocurrencies), which are identical and serve as a medium for commercial transactions.
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What are the traits of an NFT art?
NFT traits are attributes, attitudes, characteristics, or categories used to differentiate a design when creating PFP NFTs. For example, PFP (also known as profile picture) NFTs represent a person, animal, or object. But, we can also add traits as additional layers to the design, such as clothing, accessories, and facial expressions.
The traits emerge as a valuable aspect to think through when creating your NFT project because collectors will look towards which features are the rarest and most helpful. In short, the collectors will have more hype to collect the NFTs with exciting traits.
For example, A PFP NFT with a gold chain that makes only 1% of all the other traits can lure collectors into buying the particular NFT.
An NFT project’s traits help create real and perceived rarity amongst the tokens. It helps to set the idea in the mind of the buyers that not all NFTs have the same value. The highest value is present on a tiny number of tokens. Alternatively, the traits can play an essential role in defining different levels of utility for holders.
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How many NFT attributes should be present in an NFT project?
Indeed, there is no hard rule to have a particular number of traits in an NFT project. Instead, it is dependent on how many different layers or added complexity you wish in your NFT. For example, Azuki has 12 NFT traits that add immense detailing to the designs. But, Crypto Punks possess only 2 NFT characteristics, making their collection straightforward.
While researching the popular NFT projects, we concluded that most NFT collections have 6-8 NFT traits. It is learned from the data that 82% of the NFT collections had eight characteristics, and 88% had seven.
A popular NFT collection named Snoop Dogg has up to 14 NFT traits. It helps us to understand that we need to see which characteristics are essential for a project and how they will increase the rarity of an NFT. For example, most NFT characters require a head, background, and mouth.
Top Amazing 10 attributes of an NFT Project
GRAPHIC DESIGN REQUEST
The below list comprises the most common traits to help you get some good ideas for your NFT project.
An NFT can possess or wear an accessory that distinguishes it from the other NFTs. Some popular NFT attributes include Ice Cream, Wands, and Galaxy Trident.
An NFT can have a background with a solid color such as red, blue, or green, or they can have patterns to depict different NFTs. Some examples include Solid Colors, Patterns, and Gradients.
Ear or Earrings:
Characters can be trendy by wearing earrings or wireless earbuds to make them rare for collectors. For example, Azuki NFT characters have wireless earbuds that add grace to their outfit.
Humans and NFT characters also wear trending clothes. Dippies NFTs have different t-shirts, including sailor shirts, striped tees, and Hawaiian shirts.
An NFT character can be anything ranging from a bubble, zombie, human, or robot. For example, the wonderful NFT project has characters with different body types.
An NFT character can have their eyes open, close, sleepy, or bloodshot. For example, Bored Ape Yacht Club NFTs have bloodshot eyes as one of the attributes.
Collectors love to collect NFT characters that share different features in a single NFT. Some examples of hair attributes include headbands, mullet, afro, and mohawk.
While some may love an NFT character that wears an army hat, some might like their character to wear a cowboy hat. Starcatcher NFTs feature traits including army hat, fisher hat, beanie, etc.
Azuki NFTs depict characters smiling, laughing, smirking, and chuckling. It provides the collector with a wide range of options to choose the NFT they resonate with.
Snoop Dogg characters wear jeans and shorts to provide options to the users. A collector can select an NFT character that wears blue jeans or cargo shorts.
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Frequently Asked Questions (FAQs)
Q1. What are the attributes of an NFT art?
Ans. NFT attributes are traits, attitudes, characteristics, or categories used to differentiate a design when creating PFP NFTs. For example, PFP (also known as profile picture) NFTs represent a person, animal, or object.
Q2. How do you determine a good NFT?
Ans. To determine if an NFT project is worthy, you can look for the use case and how big the community they are handling. Twitter and Discord are the two best applications to check for the project’s presence on the Internet.
Q3. What are some of the uncommon NFT attributes?
Ans. Some uncommon NFT attributes/traits include faceplate, chain, piercings, tattoos, left-hand or right-hand accessories, paws, off-hand items, piercings, etc.
Final Thoughts: What is stored in for
Launching a successful PFP project for NFTs is much harder than many think. It takes a lot of time, hard work, and dedication to build a team that can drive forward an original idea. Likewise, building an NFT project will require ample time to craft a compelling and exciting trait strategy for your collection.
NFT traits are helpful for collectors as they find excitement in identifying the rarity of an NFT. It becomes the selling point that makes NFTs more valuable. Hence, an increase in the value of an NFT also brings monetary value to the owners.