Non-fungible tokens (NFTs) have taken the digital world by storm since 2021. NFT marketplaces are crowded with various NFT collections for sale since creating and trading NFTs have become a great opportunity to earn money.
One of the best ways to make a fortune in the NFT world in 2023 is to trade NFT collections that are more affordable and offer more room to grow in value in the future. However, with the development of the NFT market and an increasing number of collections introduced in NFT marketplaces, it may look challenging to find cheap NFTs to invest in.
Throughout this guide, we will review the top cheap NFTs to buy in 2023. We will also discuss the pros and cons of buying cheap NFTs.
Best Cheap NFT Projects to Invest In
Considering the huge number of NFTs available in different NFT marketplaces, we provide a list of top cheap NFT projects that are selling for a low price at the time of writing. These NFTs offer great utility and could perform well over the coming weeks and months.
- Ethereum blockchain
- 270 million NFT assets
- Floor price $0.02
The first NFT collection on our list of the best cheap NFTs to buy in 2023 is RobotEra. RobotEra is a metaverse gaming ecosystem that integrates NFTs into the gameplay to bring a great blockchain-building experience to its players. The game includes Robot Companions digital assets (ERC-1155) and lands (ERC-721).
In RobotEra, each player owns a unique digital robot character used in the metaverse. TARO is the in-game currency and an ERC-20 token. It has been available in the market since the presale.
On the RobotEra metaverse, TARO can be used to buy Robot NFTs, which develop Taro Planet. According to the roadmap, there will be 10,000 Robot NFTs as well as plots of metaverse land. Lands are also NFT assets provided in the game. Players who own virtual land can expand their land, extract new resources and build their own communities. Landowners can rent their lands, trade NFTs, compete in online quests, and earn rewards.
DappRadar compares RobotEra to Sandbox and suggests that the game tokens have the potential to grow in value. The report predicts that the in-game assets will reach $12 billion by 2023. Thus, if you are interested in robot avatars and are planning to make money in the metaverse, RobotEra is here to satisfy your search.
2. Wen Sandwich
- Ethereum blockchain
- No limited supply
- Floor price 0.05 ETH
Wen Sandwich is on the list of the best cheap NFTs since it was created by Mingwashere, the established NFT artist best known for Bored Ape Yacht Club. Mingwashere sees Wen Sandwich as a pixel art NFT collection which allows its users to create their own custom sandwich NFT. Users can choose from over 150 ingredients, resulting in cultural variations of food.
Wen Sandwich minting has started since the end of January 2023. Although there is no supply limit, it has a time limit so that users can mint Wen Sandwich only during the scheduled period. Since then, investors may buy second-hand sandwiches from secondary markets. These artwork sandwiches are built on the Ethereum blockchain, and the minting price is 0.05 ETH. The low mint price makes it very accessible and allows everyone to join the table.
- Ethereum blockchain
- Floor price 0.2 ETH
Tamadoge (TAMA) is a play-to-earn gaming NFT project where players can raise, breed, and battle virtual 3D-animated pets. The gameplay is within a metaverse world called Tamaverse. Tamaverse allows players to view their pets, interact with each other and explore the virtual world.
Tamadoge pets are tokenized NFTs and can be upgraded with the assets available in the in-game store, like cosmetics, toys, and food. As the ranking of a pet improves, its holder earns Dogepoints which brings a bigger share of rewards to the holder. Thus, players continue improving their pets to create a positive feedback loop.
Tamadoge sold out at $19 million in its presale. Since then, the TAMA token has increased in value nearly 20 times compared to the presale price. The prices raised from $0.03 as the listing price to $0.197 after the presale. In October 2022, 100 ultra-rare Tamadoge NFTs were released and became the top trending NFTs on OpenSea, collecting 250 ETH in a day.
Tamadoge has recently announced the launch of 21,000 NFT pets, which will be used in the game. The floor price for Common-tire pets seems to be 5.7ETH, while some reach as high as 80ETH. The floor price for higher-tier pets is 0.2 ETH.
With the release of Tamadoge NFT collections, it will be interesting to see how TAMA grows in the coming months.
- Ethereum blockchain
- 10,000 NFTs
- Floor price 0.25 ETH for Silks Avatars
If you are looking for the best fantasy sports play-to-earn game, Silks is for you. Silks metaverse mirrors real-world horse racing. The project is based on actual results of horse races in the real world, so the virtual horse NFTs are 1:1 replicas of real-world horses. You earn rewards in the game if you own the Silks Horse that wins in its real-world races.
The Silks was reported as a best-selling Sports NFT on the OpenSea list, and top investment companies such as Bored Ape Yacht Club bought the NFTs.
The Silks provides several NFT collections, including Silks Avatars, Horses, Stables, and Land, among other NFT collections. Silks Avatars play an essential role in the game. A Silks Avatar owner has access to exclusive experiences, giveaways, and IRL events, as well as a lifetime mint pass for the annual Genesis Yearling Sale. There are 10,000 Silks Avatars available now, which come with different traits and rarities.
There are various activities available to players in Silks, including buying and breeding horses, trading horses, and racing them. There are also Community Horse Farms, where staking enables players to earn rewards in NFTs for the work they do. Silks Land allows building Horse Farms in exchange for a fixed fee and getting rewards generated by Silks Horses on Silks Land.
The project was released in September 2022, and %65 of the total 10,000 NFTs are sold now. When the whole project is sold out, they will be available on OpenSea to trade. Overall, Silks is a first-of-its-kind project which has gained lots of attention in the NFT world and provides a good chance for investment in 2023.
- Ethereum blockchain
- 10,000 unique NFTs
- Mint price 0.009 ETH
Cocky is next on the list of the top cheap NFTs to buy in 2023. Cocky is an NFT lifestyle club that provides an excellent experience to its users in the best locations worldwide. It focuses on electronic music in prestigious locations, along with regular virtual events, Cocky hosts at least two in-person events. It is necessary to hold Cocky NFTs to attend the events.
The project includes 10,000 Cocky Can NFTs with 51 different skins and three separate colored lids. There are benefits regarding the colors, including additional invites, bar tabs, accommodation, etc. There are rare Black Can NFTs with even more benefits, such as business class flights, more invites, luxury resorts, and more.
Cocky also provides dubbed Mutations that appear on the background of the NFT and appears as stamps when an NFT holder attends an event. Mutations make NFTs unique. Besides, all events take place in unconventional locations to introduce the hosting location, culture, history, etc.
Cocky has changed the definition of utility in the NFT world by considering NFT ownership as a means to attend fabulous music events. NFT owners can sell their tickets on secondary markets like OpenSea. However, only Cocky NFT holders can buy tickets to Cocky events.
6. Real Estate Investment Club (REIC)
- Ethereum blockchain
- Total supply unknown
Next on our list is Real Estate Investment Club. The project is a collection of high-quality generative NFTs that provide free access to MetaCity, an exclusive club for individuals and REIC. NFT holders can also access the Digital Asset Property Group (DAPG).
REIC provides great artwork created by well-known graphic designers from GTA and Red Dead Redemption projects. It sets a unique long-term utility with NFTs. REIC takes its users into a parallel world where physical, digital, and virtual realities merge, and people can live the lives they wish for in a virtual city called MetaCity.
MetaCity aims to provide a futuristic metaverse that reflects the physical world, which allows users to meet others, educate, invest, work, and work on global resources. The metaverse includes infrastructures and resources for industries and professions to expand activities in the metaverse.
An REIC NFT is an independently constructed, random high quality and (moving) generative 1:1 unique digital asset. The NFT collection includes over 600 traits to allow real-world utility and incentives to NFTs. Although REIC has not announced the exact number of NFTs to be minted in the project, there will definitely be a fixed supply. Thus buying and holding a Real Estate Investment Club NFT can be a great investment for the future.
The project is set to be released in July 2023, with a mint planned for September. If you find yourself interested in this high-utility project, follow REIC on social media to keep updated with all news.
7. Lucky Block
- 100 billion tokens available
- Floor price US$0.00009307
Lucky Block (LBLOCK) might not offer a cheap NFT collection now, but the price is worth the experience. The project is a collection of 10,000 uniquely numbered NFTs that provide holders with various bonuses relative to the prize draws.
Lucky Blok NFT holders can enter the prize draws. The price of each NFT is dependent on the potential jackpot, so there are plenty of cheap NFTs for sale. NFTs also allow the holders to earn a portion of the reward pool, meaning that even the cheapest NFT can have long-term value.
In September 2023, the Lucky Block team initiated monthly token burn equality to 1% of the LBLOCK supply, making Lucky Block a cheap NFT collection that will blow up in 2023. Thus, it is worth considering Lucky Block if you wish to pick up some cheap NFTs to flip.
8. Souls of Nature
- Ethereum blockchain
- 9,271 unique NFTs
- Floor price 0.02 ETH
Souls of Nature is a cheap NFT collection with lots of potential in spades. The project is created by Metazooie and consists of 9,271 unique NFTs. Each NFT provides its holder with exclusive metaverse experiences.
Souls of Nature still is a young project, but it has a clear vision of the future to achieve its goals. NFTs act as avatars to provide access to play-to-earn NFT games and allow their holder to unlock a fraction of their souls as they progress in the game. The team behind the game plans to give %5 of the funds generated in the project to charities dedicated to protecting endangered ecosystems.
The full game experience will be released in the first quarter of 2023. NFTs are digital replications of animals surrounded by an aura that will represent the NFT holder’s characters within the overall experience in the P2E game.
Metazooie optimizes the game with a dedicated Souls of Nature Marketplace, which will be a part of the budding $ZOOIE economy. At the time of writing, the floor price of Souls of Nature NFTs reaches 0.02 ETH. The collection allows us to have an impact on the world around us by playing and earning cryptos to save nature.
9. Fight out
- 10 million tokens
- Floor price $0.0166
The next top cheap NFT project to follow in 2023 is Fight Out. Fight Out is an M2E project that has a unique approach to merging the metaverse and fitness. Once players create an account on Fight Out, they receive a free NFT that serves as their avatar in the game’s metaverse. The avatar or a “Soulbound” NFT is tied to the player’s fitness level, which can be increased by completing various fitness challenges.
With the improvement of a player’s fitness level, their Avatar NFT also levels up, which allows them to customize their avatar with better gear and looks. These customizations can also compound their earnings within the game. Notice that the Soulbound NFT is not tradable and serves as a representation of the player’s identity within the metaverse.
Accumulating points within the game, players earn “REPS,” which can be used to purchase assets for further customization and entry into real-world Fight Out gyms.
The avatar NFTs in Fight Out are utility-focused and can be used to enter real-world Web 3 gyms. They also provide access to international training equipment and professional trainers.
Fight Out players can spend FGHT tokens, the native cryptocurrency of the game, to earn more REPS. Staking FGHT tokens can earn players’ membership rewards through its Stake-for-membership approach. It gives the holders access to one-to-one training, the Fight Out gym subscriptions, in-game perks, and rewards.
It is believed that the $FGHT token can reach $0.02 by the end of the year if it continues its upward trend in 2023.
10. Awesome Possums
- Ethereum blockchain
- 12,000 NFTs
- Floor price 0.08 ETH
Last on our list of top cheap NFTs to buy is the Awesome Possums collection. Awesome Possums is an upcoming utility NFT project that is created to benefit the community, raise awareness about mental health, and aid in overcoming addiction. It also aims to strengthen the awareness of mental health problems and help individuals overcome them.
The collection was founded by Nicolas Brison and includes 12,000 NFTs (10k rare and 2k 3D) and is set to release on July 12th, 2023. According to the news, Awesome Possums NFTs were minted for 0.01 to 0.08 ETH. The collection sold out, and they are traded on OpenSea now.
All-time Cheapest NFT Collections
Some NFT collections are popular because they allow their users to create or breed their own NFTs at low prices and sell them for higher prices when they grow older. These NFT collections can be the best choice for those who prefer to invest a limited amount of money in the NFT world. Here are some of them.
CryptoKitties is a blockchain game that launched in November 2017. The game provides a collectible aspect where players can collect virtual NFT cats and breed them to create new CryptoKitties. There are four main types of CryptoKitties: Normal, Fancy, Special Edition, and Exclusive. Each CryptoKitty has 48 different genes, which determine its appearance and influence the result of breeding.
Living on the Ethereum network, CryptoKitties was the first NFT collection to impact the blockchain noticeably and make it known to users. The project is still a legend in the NFT world. NFT Kitties are traded widely in the NFT market, and the price floor for a normal CryptoKitty is 0.0037 ETH, and fancy crypto starts from 0.011 ETH on OpenSea at the time of writing.
CryptoKitties allow players to buy NFT Kitties and breed them to have more valuable CryptoKitties.
2. Axie Infinity
Axie Infinity is a play-to-earn game that is powered by the Ethereum blockchain. The game is different in that it not only focuses on collectability but also expands the gameplay elements. Axie Infinity allows players to collect and breed virtual creatures called Axies. Players can collect various Axies and create their team to battle other Axie groups in the exciting game.
Axie Infinity became popular in 2021, so its native token AXS reached the all-time pick of $163. Players gathered their army of Axies and earned tokens by winning battles and completing quests. However, the ecosystem suffered from serious flaws and lost its popularity a year later.
Today, Axie Infinity is again getting popular as a play-to-earn game that focuses on its gameplay rather than its earn rewards. The game provides some free Axies to new players to get started, buy Axies, and breed more. The floor price of Axies reaches 0.00082 ETH on the Axie Infinity marketplace.
3. Gods Unchained
Gods Unchained is a trading card game (TCG) where each card is an NFT. The game makes use of the Ethereum blockchain to represent its NFT cards. Its native currency, GODS, is provided to support the game transactions as well as represent governance rights in the project.
Gods Unchained has an open economy, and players are free to trade their cards as they wish on the in-game marketplace. Like any other NFT, the price of these cards also depends on factors such as rarity and playability. The floor price for the Gods Unchained cards is only $0.01 apiece.
For those interested in game cards and NFTs, Gods Unchained can be a great choice, as the game provides high-quality gameplay and good returns.
Pros and Cons of Cheap NFTs
Like any other investment, there are advantages and disadvantages to investing in cheap NFTs. The following table suggests some pros and cons of cheap NFTs.
|A safe investment thanks to blockchain technology.||The possibility of losing your money on cheap NFTs.|
|Anyone can invest in cheap NFTs.||The influence of market hype on NFT price.|
|No need to own a large capital to start with.||The illiquidity of cheap NFTs.|
|Possible increase in price in future.||Volatile market|
Where to buy cheap NFTs?
Cheap NFTs can be purchased from regular NFT marketplaces such as OpenSea or directly from the in-game marketplaces or websites of projects. However, there are also marketplaces that are home to cheap NFT collections.
Launched in February 2022, NFT LaunchPad is a great marketplace to find cheap NFT projects, especially collections that are supported by Binance Smart Chain (BSC) and Polygon (MATIC) blockchains. The marketplace uses WBNB as its native cryptocurrency to fulfill all transactions, including buying, selling, and minting, which significantly decreases gas fees. Here are the features:
- extremely well-designed and user-friendly market
- Minimal gas fees and minting fees
- Supports both BSC and MATIC
- Provides great minting capabilities
- Does not support ETH-based NFTs
The most famous crypto exchange with over 50 million users launched an NFT platform called Crypto.com NFT marketplace in 2021. Crypto.com has become a great platform to search for and buy cheap NFTs thanks to easy-to-use tools to look for the best cheap NFTs.
Crypto.com is unique because it allows users to buy and sell their NFTs for almost free, meaning that the platform charges users a small fee for submitting collections. Here are more features:
- A wide range of cheap NFTs to buy
- Provide security using a Vetting process
- Very cheap transactions
- Well-designed and easy-to-use platform
- Fiat payment options are limited to a debit or credit card.
Throughout this guide, we reviewed the top cheap NFT collections to buy in 2023 and discussed the validity of these NFT collections. Remember that this list may update sooner than you think since the NFT market is crowded with NFT projects that can be successful in the future. Thus, we advise our readers to do enough research before buying any NFT.
- How to buy cheap NFTs and sell high?
To purchase cheap NFTs, you can check the marketplaces introduced in the text above. Always check for the details regarding the NFT collection before purchasing them. Then, you need to join the social media or Discord of the NFT collection to keep updated with any changes in the prices of NFTs.
- What is the cheapest NFT you can buy?
As we discussed above, there are several cheap NFT collections or projects to choose from, like CryptoKitties or RobotEra. However, they are not always the cheapest in the market. So make up your mind while the prices are still low.