Invest in NFTs – 10 NFTs Which Are Investable in an Index

NFTs have come into their own over the past year, with demand rising to levels that blockchain pioneers could never have predicted. Even Vitalik Buterin, the author of the Ethereum whitepaper, recently noted how Ethereum’s use case for non-fungible tokens (NFTs) surprised him.

The NFT sets in the index are subject to change, not to mention risk, given the nascent nature of this market, but we’ve rounded up the collections that are represented now. They are listed from the smallest to the biggest weightings in the index.

No. 10: Chromie Squiggle (2.46%)

Chromie Squiggle is a generative art project by artist Erick Calderon, who goes by Snowfro. It is an NFT collection with 9,200 out of 10,000 items minted, each one quite basic and animated with various color hues that can be calculated.

No. 9: Meebits (3.29%)

Meebits is a collection of “20,000 unique 3D characters” created by Larva Labs, the same team behind CryptoPunks, which we’ll get to later on the list. Similar to Chromie Squiggles, Meebits are algorithm-generated and are registered on the Ethereum blockchain.

No. 8: Cool Cats (3.60%)

Cool Cats are a set of randomly generated NFTs on the Ethereum blockchain. There are 10,000 of these NFTs in the first generation set based on hundreds of thousands of possible combinations across “a variety of outfits, faces, and colors.”

No. 7: CyberKongz Genesis (4.08%)

CyberKongz are randomly generated 2D and 3D NFTs that are designed for the metaverse and to be used as profile pics, etc. In fact, the ease in which they can double for a profile picture on social media platforms helped to fuel their popularity.

No. 6: Fidenza (4.45%)

Fidenza is yet another generative algorithm NFT collection, this one  by Tyler Hobbs. The floor price for a Fidenza NFT on OpenSea is currently about 80 ETH, or $320,000.

No. 5: Autoglyphs (4.56%)

Autoglyphs is an NFT art collection by Larva Labs, the same project behind CryptoPunks and Meebits. According to Larva Labs, these are “the first on-chain generative art on the Ethereum blockchain” and “are a completely self-contained mechanism for the creation and ownership of an artwork.”

No. 4: VeeFriends (5.03%)

VeeFriends is an NFT project focused on “meaningful intellectual property” and the community. Created by Gary Vaynerchuk, the VeeFriends collection is built on Ethereum and includes 268 characters with names like “Woke Walrus” and “Sincere Skunk.”

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