NFTs have increased in popularity over the last year. More and more collections are entering the market and celebs are embarking on NFTs too. NFTs are now mainstream. This post is all about the top 3 NFT collections that have the most trading volume.

Images of monkeys are always among the most widespread NFTs on the market. Probably the most notable collection of monkey images is the Bored Ape Yacht Club. It is a pack of 10,000 images of bored monkeys. 

This NFT collection was launched in April 2021 via the OpenSea trading platform. The monkeys have a tally of 170 unique features that range in rarity. With a 7-day volume of 15,277 ETH, the Bored Ape Yacht Club is the top NFT collection.

The next NFT collection with a 7-day volume of 10,918 ETH is another collection of monkey images called the Mutant Ape Yacht Club. The Mutant Apes have been deemed as an additional advanced form of the Bored Apes and can also be discovered in the collection on OpenSea. Visit OpenSea to see the unique NFT collections!

The Mutant Ape Yacht Club contains 20,000 unique images. It belongs to the so-called pedigree of the Bored Ape Yacht Club. In addition to the Mutant Ape Yacht Club, the Bored Ape Chemistry Club and the Bored Ape Kennel Club are also the characteristics of the family tree.

The Sandbox was one of the most famous blockchain games in 2021. In the Sandbox Metaverse, there is a map of up to 166,464 LANDS. The landlords can begin events and contests on their LAND, stake the SAND token, and layout assets separately. The Sandbox collection on OpenSea has a 7-day volume of 4,713 ETH, making it the most popular NFT collection.

In a bold but sudden move, the American video game company GameStop announced its upcoming NFT platform. The company launched a website inviting creators to join the community at the first stage. Consequently, its GME stock price surged by more than 20% this Friday the 7th of January 2022. What is GameStop, why did they jump on the NFT wagon, and would a GameStop NFT marketplace strive in the crypto space?

GameStop is an American video game company, selling consumer electronics and gaming merchandise. It is considered to be the latest in the world. Naturally, when the gaming industry moved online, the company started to face problems. Gamers are starting to purchase games directly online through game portals such as steam or blizzard, instead of going to a physical store and purchasing physical CDs. The business model was slowly dying. That's why hedge funds and family offices had GameStop on their radar as a solid short opportunity.

On the other hand, a Reddit group called WallStreetBets decided to turn the tables and squeeze all those short-sellers by pumping GME prices. This made headlines in the crypto space, even in the mainstream media. GameStop's valuation went back upwards, and the company executives had renewed hope. On the other hand, something needed to change.

On Friday the 7th of January, the company announced the GameStop NFT marketplace, that would allow people to buy and sell NFTs on their platform. Think of gear, avatars, and game-related art...all to be available on the platform. In turn, with such an announcement, the company's stock price soared by more than 20%.

NFTs are digital ownership tokens, that run on blockchains that support smart contracts, such as Ethereum. Their non-fungibility is similar to real-world contracts, where you can’t trade one contract to another, because the “actual content” differs from each other. Same things for NFTs, where you can interchange them as their underlying “contract” changes with each one, hence their non-fungible nature.

This news comes as a shocker for most but is expected from others. In fact, the crypto community was the main reason for GameStop's second chance. It is no surprise that company executives would decide to shift their attention to the following:

• An online ecosystem, away from the physical decayed world
• A hot-topic among youngsters - crypto and NFTs
• Tapping into a Trillion dollar industry
• Revive the dying company