![]() ![]() The only thing that is different is the technology platform and the form of investing, however, the standards that make up a blue chip brand stand the same for both NFTs and companies that are publicly traded. There is one noticeable difference between blue chip NFT projects and blue chip companies of the physical world, and that lies in the type of the companies.īlue chip NFT brands compared to the classic companies we know and love today are really not much different. Blue Chip NFTs Compared to Classic Blue Chip Companies NFT projects like Crypto Punks, Bored Ape Yacht Club, Cool Cats, and VeeFriends are allowing participation in their venture, meaning you can safely invest some cryptocurrency and have a rational expectation of success in the coming future. The case is the same in the world of NFTs and digital finance. If you have money and these companies are willing to sell their stocks, you can invest in them and logically hope to benefit for the long term without any worry of losing your investment. If we look at the traditional world, examples of blue chip companies are Costco, Coca-Cola, Amazon, Apple, Tesla, TATA, Reliance, etc. During a game, this blue chip will hold the highest value when compared to other colors. In three-color poker sets, the chips are usually red, green, and blue. If someone invests in these NFT projects, they will probably make a nice profit if they sell them in the future.Įtymologically, blue chip’s origin can be found in poker. NFT projects which show promise of providing long-term returns on their investments are considered blue chip NFTs. Instead, it will only increase with time. Because the appeal or value of that NFT is not going to fade anytime soon to the people on the blockchain. Similarly, blue chip NFT means a non-fungible token in which you can safely invest. Because you will be enjoying an unaltered flow of returns from the investment for years to come. means an asset in which you can invest for the long term. In the real world, a blue chip bet, stock, bond, etc. The term blue chip NFT has its reference in physical finance. A chalkboard with blue chip nft and an up arrow on it What Is a Blue Chip NFT? In this article, you will learn exactly what a blue chip NFT is and why they are important, especially if you are considering investing in NFTs long-term. ![]() Blue chip NFTs are also thought to be a safer investment than most and have a proven track record of growth and value. And if you are an NFT collector or investor, then you should know what a blue chip NFT is and why they are so important.Ī blue chip NFT is generally well-known, established, stable, and considered to be a good long-term investment. While exploring the vast world of NFTs, you may hear the term blue chip thrown around quite often. ![]()
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