silks

From luxury brands to movie studios, everyone wants a piece of the NFT pie and these three NFT collections are at the top of the tree for private investors and collectors: Silks, Copium and Cocky.

Below we look at why analysts believe these coins are ripe to include in a diversified crypto portfolio because of their unique market fits for their respective target audiences, and the innovative approach that they bring to the table.

All three NFT projects go way beyond the world of art or provenance tracking, to give but two examples of current NFT usage, to focus on fantasy sports, crypto mining and lifestyle/music.

1. Silks – Best NFT Project For Targeting The Lucrative Horse Racing Scene

ilks Horses September Announcement

Silks is a blockchain-powered play-to-earn fantasy horse-racing platform that is one of a kind.

On the 29th September the first of its horses are being minted –they are available to all Silks avatar owners to purchase.

Each horse is priced at a discount for four days (29th September – 2nd October) of $500.

The project is backed by Troy Levy, the CEO of  Tropical Racing and the owner of Circle 8 Farms, which means it has support from an entrepreneur steeped in the horse-racing industry.

There are 20,000 thoroughbred horses born every year in the U.S. and Silks tracks them. Broadly speaking, each horse in the real world has its Silks counterpart.

Silks users can own, trade and earn rewards from their thoroughbred virtual horse, depending on how they perform in real life.

All the game activity takes place in the metaverse online world, providing an immersive experience for users.

Silks enables its users to buy virtual real estate, build stables for their horses and track the performance of the horses across their entire lifecycle.  With these path-breaking features, Silks is among the best of the NFT Land projects and NFT horse racing projects available to NFT investors today.

The Equine Business Association values the horse industry at $300 billion worldwide. Admittedly horse racing is only a part of that whole, but that is still a very big slice of an enormous pie in value terms.

Where to get the Silks avatar and buy the horses

Silks avatars – the Silks Genesis Avatar Collection of 10,000 pieces – can be bought on OpenSea, the premier NFT marketplace. The current floor price is 0.16 ETH.

Once you have the Silks avatar, head over to the silks.io site on the 29th September to buy your virtual horse.

All the virtual horses have unique traits and characteristics derived from their real-world racing record and training history.

Users receive rewards related to the horses race performance history. This connections means that the knowledge and skill associated with successful horse racing are replicated in the fantasy game version.

We could put that another way – the value that resides in real-world horse-racing can be multiplied through the paradigm of the metaverse and the power of decentralized networks.

Additionally, because all the in-game assets are monetized and represented as NFTs, it means they are tradable through the Silks marketplace.

Silks’ play-to-earn offering means owning a virtual horse can be a form passive income for its participants.

Early-bird investors and collectors can make the most of the introductory lower price point of $500 to buy their very own virtual horse and start to profit from the horse racing world.

2. Copium Protocol – Takes Passive Crypto Mining to the Next Level

Copium Protocol is an excellent choice to secure earnings from passive cryptocurrency mining. This NFT project takes a novel approach by creating demand Copium Coin through using mining revenues from a real-world mining facility to purchase it.

Copium launches its Investor Pass NFTs, which is a collection of 10,000 NFTs, on 9th November, 2022. The NFTs will be minted on the Ethereum network.

Copium Protocol Website

Employing a Dutch Auction, where the asking price starts at a high level and falls if no buyers are attracted at the initial price. The starting price is 3.5 ETH.

However, if you are among the first 2,000 individuals to register early, you can secure a guaranteed mint spot at the lower price of 3 ETH.

In addition, Copium Protocol Investor Pass holders are entitled to a one-time exclusive airdrop of 10,000 Copium Coins. Copium Coin are released to the public at the exact same time as the Investor Pass.

The NFTs also provide four other key forms of utility offered by the Copium Coin:

  • Staking allocation of 10 Copium Coins per day
  • A higher level of interest is earned when Copium Coin is staked on the Staking Platform.
  • Lifetime automatic entry to monthly Copium giveaways.
  • A chance to win one of two bitcoin giveaways.

Green mining facility will appeal to ESG-conscious investors

The entire Copium Protocol is centered around Copium Mining, an established mining facility in Otago, New Zealand. This mining set-up is unique because it is entirely powered by a supply of surplus clean, green, renewable hydroelectric energy generated in New Zealand’s Southern Alps.

The funds raised from the Investor Pass sale are to be used for upgrading the Copium Mining facilities hardware and infrastructure. After the upgrade is complete, all the daily crypto mining revenue will be used to purchase Copium Coin on the open market.

There is also a deflationary burn aspect. Any Copium Coin purchased from daily mining revenue will be sent to a burn address – thus removing Copium Coin from the token supply, making it a deflationary asset.

The  Copium Staking Platform is set to go live after the launch of the Investor Pass and Copium Coin.

See the staking lock-up periods and annual percentage yields below:

Copium Protocol Investor Pass

Copium Protocol will appeal to investors looking for passive income from NFTs and those seeking a crypto project with a high environmental, social and governance (ESG) rating.

3. Cocky – Best NFT platform for lifestyle experiences and music events

Cocky is a lifestyle club offering exclusive events that include world-class music events. The project was created by the Parasol Group, whose avowed aim is to bring utility value to the NFT space.

Cocky is setting out to lay to rest the notion of NFTs as largely worthless intangible jpeg art, instead it wants to vest NFTs with ownership rights to access goods and services, in this case events – its NFT holders gain access to once-in-a-lifetime musical events held in unconventional locations.

Cocky welcome hero image

The NFT collection is made up of 10,000 Cocky Can NFTs. There are 51 different skin variations and three tiers of lid colors – Silver, Gold, and Black.

The tiers are randomly assigned at minting and unlock benefits including subsidized transport, accommodation, additional event invites, bar tabs, and exclusive merchandise.

An innovative aspect of the NFTs is the Mutations feature. Each time an owner attends an event, the NFT is stamped. These mutations appear in the background of the NFT, enabling the owner to write their own account of the Cocky events they have attended.

The team says it will be hosting two in-person world-class events annually.

Also, Cocky will host regular virtual events. One of the key unique selling points of Cocky is that the events it will put on are electronic music shows held in prestigious locations that provide holders with an immersive, one-of-a-kind experience.

There will be high demand for tickets

Ticket volume is dictated by the capacity of the venue, so NFT holders will be required to register their interest in events in good time on the website.

If an NFT holder who receives a ticket cannot attend the event, they can sell it on the custom-built secondary market. Only those that hold a Cocky Token are eligible to purchase tickets on the official secondary market.

Cocky’s roadmap includes plans to expand the community with ever-larger events. The ultimate aim is to build a brand that eventually rivals the likes of Coachella.

There is nothing quite like Cocky on the market right now. It is entering a growing sector in which people are on the hunt for more interesting and adventurous leisure pursuits. Ownership of the Cocky NFT can open up that world and the profits that flow from it.

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