Storytelling NFTs are one of the latest trends in Blockchain technology, so what are NFT’ collections with a story?
What is “Storytelling NFTs”, the new trend in NFTs, one of the most popular products of blockchain technology along with the metaverse?
What Are Storytelling NFTs?
The popularity of NFTs, one of the latest products of blockchain technology, has suffered as the crypto market enters a bear period. In fact, the trading volume of NFTs hit new lows after a long time. As the market rebounds and the Metaverse evolves more and more each day, the new trend in NFTs that can be used as a token of ownership in the Metaverse, Storytelling NFTs What?
NFT series, where NFT communities write stories, may become the new trend.
The majority of storytelling NFTs that catch everyone’s attention are given meaning by the community. With the community voting and contributing to these digital works, a pluralistic movement can be experienced on Web3. This helps community members bring their creative side to the platform they belong to.
Known Storytelling NFT Collections
Let’s take a look at some of the most well-known and powerful community NFT series as an introduction to Storytelling NFTs.
Bored & Dangerous, A collection in this space started by Vale Jenkins. The collection is suited to the storytelling genre and was created thanks to the work of the 3,000 members of the ‘Authors’ Room, who determined the creative direction of the work. The community that created the collection owns the characters, drawings and ‘Where’s Jenkins’ game in the novel. Currently, the OpenSea floor price stands at 0.51 ETH, which is considered an impressive success during the current bear market.
Similarly, Azurbala is a related collection. Bored & Dangerous owners can obtain their NFT in exchange for an Azur Root (a sacred item that can be used for a PFP NFT in Azurbala). Azurbala is a fantasy piece compared to the Bored & Dangerous collection. Each person who creates Azurbala (including House of Calypso, The Sprawls and more) has their own special experience on the site.
On the other hand, Renga is a very different collection of storytelling NFTs. It is a handmade collection of 10,000 characters started by Dirty Robot Works. The collection is large enough to include the identity of the characters in it. In its purest form, as written in their OpenSea: “RENGA is the art of storytelling.”This collection, which currently has a base price of 1.39 ETH, stands out in this market in terms of its base price.
An Example of Active Communities
Overall, the purpose of these projects and their communities is pretty clear. As a result, storytelling NFTs, if created correctly, can become a big part of the NFT world. We are seeing such projects become more and more popular, so we will leave it to time to see if this is the future of the NFT space. Although it may seem like a niche area, it is one that excites many people.
