Complete Guide to Investing in Blue Chips NFT Projects 2023


The rise of the Non-Fungible Token (NFT) market has presented a new opportunity for investors to diversify their portfolios. NFTs are unique digital assets that have exploded in popularity in recent years and have already been sold for millions of dollars. However, with the increase in NFT projects and collections, investing in this market is more complex than it used to be. One of the safest long-term investment options in the NFT world is Blue Chip NFTs. They have a strong reputation and maintain value regardless of market conditions. 

This article will explore the world of Blue Chip NFTs and some of the top 10 Blue Chip NFTs you can add to your investment portfolio in 2023. We will discuss the features that make them valuable, where to find them, and how to evaluate their potential for long-term growth. So, let’s take a closer look at the Blue Chip NFTs that will shine in 2023 and beyond!

What is Blue Chip NFT?

Blue Chip NFTs are non-fungible tokens that collectors and investors highly value due to their stability and high value. They are considered a safe investment option in the NFT industry due to their brand identity, community engagement, market capitalization, floor prices, and trading volume. Blue Chip NFTs offer long-term value and are recognized and used by key opinion leaders in the crypto market.

These NFTs are similar to blue-chip stocks in traditional finance, which are stocks of leading companies that provide high-quality products and services and are considered a reliable investment option in all market phases. Similarly, blue-chip NFTs represent the NFT industry, and their value represents the overall health of the NFT market. Blue-chip NFTs are an exciting and valuable addition to the NFT industry.

What Makes An NFT A Blue Chip?

Multiple factors make an NFT a blue chip. Historicality, wide recognition from a large consensus, the artwork itself, and the power of brand recognition are all vital components investors can use to identify and evaluate these valuable digital assets. We have explained them below in detail:


A primary factor contributing to an NFT’s blue-chip status is its historicity. That refers to the age and provenance of the token, with older and more established NFTs typically commanding higher prices and greater prestige. For example, the first-ever NFT, CryptoPunks, is widely considered a blue-chip option due to its historical significance, as well as its limited availability and high demand.

Wide Recognition

Another critical aspect that can make an NFT a blue chip is wide recognition from a large consensus. That means the token has been widely discussed, celebrated, and recognized by a broad community of collectors, artists, and investors. That creates a strong network effect that helps to support the value and relevance of the NFT over time.


The artwork is another crucial element contributing to an NFT’s blue-chip status. Like traditional art, the token’s quality, uniqueness, and artistic value can significantly impact its perceived worth and appeal. That is particularly true for rare or one-of-a-kind pieces that stand out from the crowd and represent an exceptional investment opportunity.

Brand Recognition

Finally, the power of brand recognition can play a significant role in what makes an NFT a blue chip. That relates to the reputation and status of the artist or creator behind the token and the broader platform or marketplace where the NFT is sold. For example, established brands such as Beeple or NBA Top Shot are recognized and valued by investors due to their strong reputation and brand equity.

Considering these critical elements, investors can make informed decisions and select the most promising NFTs for their portfolios.

How Do You Identify A Blue Chip NFT Project?

Identifying a blue chip NFT project is crucial for investors looking to maximize their profits while minimizing risks. The first step towards identifying a blue chip NFT project is to examine its reputation. A blue-chip NFT project should have a well-established reputation for reliability, stability, and longevity. It should have a proven track record of surviving bear markets and economic downturns.

Moreover, a blue-chip NFT project should be backed by a solid team of developers, marketers, and advisors with extensive NFT market experience. They should keenly understand the latest trends, market dynamics, and user preferences. This team should be transparent and open to communication with the community to address concerns or issues.

Another important criterion to consider when identifying a blue-chip NFT project is the overall agreement of the NFT market regarding the quality of the collection or artist. An NFT project can be considered a blue chip only if it has gained the trust and confidence of most NFT collectors and investors. This trust is often reflected in the project’s trading volume, price performance, and social media engagement.

Floor price and sales volume are other essential criteria for identifying Blue Chip NFTs. The floor price is the minimum amount an NFT can be sold for, which is a good indicator of the demand for the token. Similarly, the sales volume reflects the frequency and quantity of transactions made with the token, indicating its popularity and value.

When evaluating whether an NFT project is a blue chip, looking beyond a project’s immediate success or short-term gains is crucial. While investing in new, rapidly appreciating projects may be tempting, these projects often need more stability and the long-term potential of a blue-chip NFT project.

By carefully analyzing these factors, investors can identify NFT projects with the greatest potential for success and profitability while minimizing risks.

10 Best Blue Chip NFT Projects in 2023

The NFT market is currently booming, and 2023 is projected to be a standout year for the industry. These projects have gained tremendous recognition and popularity due to their unique attributes, rarity, and historical significance in the NFT world. Here are the top 10 must-hold blue-chip NFT projects for 2023:


Cryptopunks are considered the first-ever NFT series created on the Ethereum blockchain. Initially offered for free, they gained popularity due to their distinctive pixelated appearance, limited supply of 10,000, and their collection of unique attributes, such as hats, accessories, and facial expressions. Today, Cryptopunks are highly sought after, with some selling for millions of dollars each. These tokens on the charts dominate the most expensive NFTs sold in the last year, 2022.

Bored Ape Yacht Club: 

Bored Ape Yacht Club (BAYC) is a collection of 10,000 unique digital apes with different accessories and characteristics. Launched in April 2021, the project quickly gained a massive following and became one of the most sought-after NFTs on the market. BAYC has a strong community, with members gaining exclusive access to events, merchandise, and perks.


Azuki is a collection of 10,000 unique digital characters designed by Japanese artist Osamu Sato. Each Azuki is a one-of-a-kind piece of art with a distinct personality and story. Azuki has gained popularity due to its captivating visual design and the unique narrative accompanying each character. In 2022, the reputation and esteem of the Azuki NFT collection increased significantly due to the introduction of their innovative Physical-Backed Tokens (PBTs). In 2023, there are high expectations for the collection to continue its success from the previous year.


Doodles is a collection of 10,000 hand-drawn characters created by anonymous artist EtherGarden. Each Doodle is unique, with different colors, shapes, and personalities. The project has gained popularity due to its handcrafted and whimsical aesthetic and its high level of community engagement.

Mutant Ape Yacht Club

Mutant Ape Yacht Club (MAYC) has 20,000 unique digital apes with different attributes and accessories. Launched in July 2021, MAYC quickly gained a loyal following and has become one of the most valuable NFT collections. With a strong community, members gain exclusive access to events, merchandise, and other perks.


CloneX, a collaboration between Nike and RTFKT Studios, has certainly captured the attention of collectors and enthusiasts alike. It was launched in 2021, and these 30,000 3D avatars have continued to impress fans with their exceptional design and features. Throughout 2022, the CloneX brand saw remarkable improvements that paved the way for a brighter future in 2023. Investors are already anticipating a surge in the floor price of CloneX NFTs due to the product’s growing demand and new utilities that are set to be unveiled for its users.


Meebits, an animated NFT collection created by Larva Labs, shares the same promises of long-term growth and value. This collection has achieved blue-chip status with its fascinating 20,000 3D voxelized avatars. It innovated the NFT world with its exceptional design and features and has become a classic among collectors. In 2022, Meebits explored the world of Music NFTs, contributing to its steady floor price growth. With renewed expectations for this year (2023), collectors continue to await the blockchain-breaking features that Larva Labs has hidden eagerly.

The Sandbox Land: 

The Sandbox virtual world is one of the best use cases of NFTs in Metaverse realities. It allows players to buy and build experiences on virtual land plots, making it an immersive and interactive environment for players. The Sandbox has already gathered a significant following in the crypto community and beyond, making it a worthy investment for 2023.

World of Women:

Another NFT collection worth investing in is World of Women (WoW), the leading women-oriented NFT collection in the market. WoW carries the diversity flag in a male-dominated industry, making it a unique and valuable investment opportunity. WoW’s new launches, partnerships with traditional brands and celebrities, and Metaverse projects have taken its narrative to a bright level, attracting a growing number of investors.


VeeFriends is an established NFT project that has been making waves in the digital art world since its inception in 2021. Led by the visionary entrepreneur Gary Vee, this project has become one of the most highly regarded and sought-after collections in the crypto community. The VeeFriends collection has been designed to give holders exclusive events and opportunities, making it a valuable addition to any collector’s digital wallet in 2023.

How To Buy A Blue Chip NFT

If you have an interest in purchasing a blue chip NFT, there are several key steps you need to follow to make a successful transaction. Blue chip NFTs, known for their exceptional value and rarity, can only be purchased through the secondary market. Platforms like OpenSea provide a gateway for those looking to snap them up.

  • Set up a Digital Wallet

The first step in buying a blue chip NFT is establishing a digital wallet capable of interacting with the blockchain. That ensures you have a secure and reliable means of storing your NFTs and can easily manage your assets over time. Cryptocurrency wallets such as MetaMask, MyEtherWallet, and LedgerNano are some popular choices.

  • Stock It With Ether (Eth)

Once you’ve set up your wallet, you’ll need to fund it with Ether (ETH), the cryptocurrency used on the Ethereum network. That is required to carry out any transaction on the Ethereum blockchain, including buying and selling NFTs. You can easily purchase Ethereum from a cryptocurrency exchange or swap platform like Coinbase, Binance, or Uniswap.

  • Find a Trusted Marketplace

When your wallet is adequately stocked with Ether (ETH), the next step is to navigate to a trusted marketplace, such as OpenSea, where you can search and browse for the specific blue chip NFT you’re interested in. You can use various search parameters, including the type of NFT, the artist or creator’s name, and the price range, to refine your search and narrow your options.

  • Search for and Select the NFT You’re Interested In

Once you’ve found the blue-chip NFT you want to purchase, you’ll need to click on it to initiate the buying process. You’ll be prompted to sign the transaction with your wallet, which will execute the fund’s transfer between you and the NFT seller. Once the blockchain confirms and verifies your transaction, you’ll officially own the blue-chip NFT you covet.

  • Sign a Transaction to Transfer the Funds 

It’s worth noting that when you purchase an NFT, you’ll typically be charged a transaction fee, which goes to the Ethereum network’s miners, who validate transactions and ensure the network’s smooth operation. This fee varies depending on the size and complexity of the transaction, with higher fees often being required during periods of high network congestion.

With these steps in mind, you’ll be well-prepared to purchase your dream blue chip NFT and join the vibrant and exciting world of NFT collectibles.


Investing in blue-chip NFT projects can be lucrative for those willing to do their due diligence and research. By analyzing the above factors and staying up-to-date on the latest trends in the NFT market, investors can identify and invest in blue-chip NFT projects early. As with any investment, risks are always involved, so it’s important to consult a financial advisor and research before investing. So, are you ready to dive into the world of NFT investing in 2023? Start your research today and see what opportunities await you in the exciting and constantly evolving NFT market.


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