{"id":666,"date":"2022-12-20T15:03:59","date_gmt":"2022-12-20T15:03:59","guid":{"rendered":"http:\/\/78.47.81.216\/?p=666"},"modified":"2023-02-28T14:42:31","modified_gmt":"2023-02-28T14:42:31","slug":"what-is-a-blue-chip-nft","status":"publish","type":"post","link":"https:\/\/blog.ag.qubiq.cc\/?p=666","title":{"rendered":"What is a Blue Chip NFT"},"content":{"rendered":"\n
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When we’re thinking about a profitable investment, blue chip NFT immediately comes to mind. Surely many of you have heard of Cryptopunks and seen these monkey profile pictures. Of course, you can create your first NFT and already begin to operate profitably, but blue-chip NFT projects need to explore further. If you’re already in NFT space and own tokens, you’ve probably heard of blue chips. Today we will tell you in great detail about what is blue chip status is and how to operate profitably with it. The following information will be useful for everyone who already has an NFT project and for those who are new to crypto<\/a>. If you want to learn even more about NFTs – check out this ultimate guide<\/a> to them by our CEO, Mykhailo Sitalo!<\/p>\n\n\n\n

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The main definition<\/h2>\n\n\n\n

To give you fewer questions about the blue-chip NFT project in the future, let’s start with a definition of the term. The term blue chips came from the field of investment. Blue chips are commonly referred to as stocks of the largest and most stable NFT projects and crypto<\/a> companies that have been in the blockchain business for many years and have an extensive track record. In the NFT space, these are the authored works and NFT collections that collectors and speculators think will retain their value over a long period of time.<\/p>\n\n\n\n

There is nothing physical behind the NFT project as such, it is just plain binary code, plus belief in a certainly created utility. After the NFT market with tokens grew dramatically, in no small part due to the growth in sales of Cryptopunks’ NFT collections, people began to believe that these blockchains would remain highly valued in the future.<\/p>\n\n\n\n

What will help hold the high Ethereum blockchain (or another crypto<\/a>) value of such as NFT project? Many are trying to compare such an investment with the stock market. But since there are almost no physical assets behind NFT collection at the moment, it is not possible to do this correctly. It can even be said that everything here rests on the founder and his idea with blue chip stocks, which changes the world.<\/p>\n\n\n\n

How does an ordinary NFT project get into this league?<\/h2>\n\n\n\n

It is worth bearing in mind that the analysis of blockchains and blue chip NFT we have presented cannot be taken as a basis and considered the only fundamentally correct. Right now, we are living through the moment of the birth of a new crypto industry with blue chip NFT. No one knows what will happen next with the Ethereum blockchain, other tokens, the blue-chip NFT project, and how you will make decisions in the future. <\/p>\n\n\n\n

What to look for when choosing an NFT project?<\/h2>\n\n\n\n

So, when choosing an NFT project and planning to make an investment, pay attention to:<\/p>\n\n\n\n