12 Best Cheap NFTs to Buy in 2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
One of the best ways to profit from cryptocurrency is by purchasing the best cheap NFT projects. This technique works well as cheaper collections tend to offer more room for growth.
Throughout this guide, we’ll be taking a look at 12 of the best cheap NFTs to buy and discussing whether cheap NFTs make for a good investment. Let’s get started.
The 12 Cheapest NFT Projects with Potential
We’ve included some of the best cheap NFT projects in this list. Each is currently selling for a cheap price, offers ample utility, and could perform well over the coming months.
- Tamadoge – Overall Best Best Cheap NFT Project with P2E Features
- IMPT – New NFT Project Helping to Reduce Global Emissions
- Battle Infinity – NFT-Based Fantasy Sports Platform with DeFi Elements
- Lucky Block – NFT Competition Platform Hosting Huge Prize Draws
- MetaBlaze – Exciting Triple-A Play-to-Earn Crypto Game
- HELIX Founder Pass – Early Access Pass to the Upcoming HELIX Metaverse
- Street Machine – Narrative-Focused NFT Collection Inspired by Anime
- The Indifferent Duck – Well-Designed Collection Offering Access to Upcoming Mints
- Frontier – NFT Collection used in the Popular Frontier Game
- MyCryptoHeros – Popular Crypto Game with NFT-Based Assets
- Incognito – Cheap NFT Collection Providing Real-World Utility
- LUX – NFT Representing Real Estate in a Detailed Metaverse World
Reviewing the Best Cheap NFTs to Buy
In order to provide investors with as much choice as possible, we’ve included the best cheap NFTs to buy in a wide range of sectors, including the Metaverse and play-to-earn (P2E) gaming.
1. Tamadoge – Overall Best Best Cheap NFT Project
Tamadoge (TAMA) is a P2E gaming NFT project and perhaps the coolest NFT project to invest in right now. The asset takes elements from meme coins and the Metaverse in order to create an engaging ecosystem that resonates with crypto investors.
People participating in the Tamadoge ecosystem can raise, breed, and battle virtual 3D-animated pets. The core gameplay occurs within a Metaverse world known as the Tamaverse. In this virtual universe, players can view their pets, interact with one another, and explore.
Tamadoge pets are tokenized as NFTs and can be upgraded using items available from the in-game store including cosmetics, toys, and food. Each time the ranking of a pet improves, its holder earns Dogepoints, improving their leaderboard ranking and increasing their share of the rewards. This creates a positive feedback loop incentivizing players to keep improving their pets.
Investors have enjoyed this concept, with the Tamadoge earning $19 million during its presale before soaring in value from a $0.03 listing price to a high of $0.197 just days after its release on the leading exchange OKX. This impressive growth reinforcedTamadoge’s status as one of the top utility NFT projects.
While some investors might think the best is over, Tamadoge is only just getting started. The project has recently released its first NFT collection with 100 ultra-rare pets. With a further two collections expected to follow soon featuring 1,000 rare and 20,000 common NFTs, this could be the start of a large run-up for Tamadoge.
With the release of the Tamagoge NFT collections marking the rollout of the project’s core features, it’ll be interesting to see how TAMA performs over the coming months. Join the Tamadoge Telegram group to keep up-to-date with the project’s latest developments.
2. IMPT – New NFT Project Helping to Reduce Global Emissions
IMPT is a brand new crypto presale that aims to revolutionize the current emission reduction market via the tokenization of credits equivalent to offsetting 1 ton of carbon. Few of the best cheap NFTs to buy can match IMPT in terms of positive impact on the world and with responsible investing becoming more popular, IMPT could be launching at the perfect time.
As it stands today, the carbon credit lacks transparency and mainstream adoption. However, IMPT could change this by bringing carbon credits on-chain in the form of NFTs, making it easy to track how each credit is being used. Additionally, IMPT only works with environmental organizations that have been audited by a third party, helping security massively.
While it will be possible to purchase the credits directly on the IMPT website, users will also be able to earn IMPT tokens for shopping with a long list of IMPT’s partner brands. These IMPT tokens can then be sold, traded, or exchanged for carbon credits. A company can also link its storefront with IMPT to allocate a portion of its margin toward environmental projects.
To boost engagement with regular people, this eco-friendly crypto will create a social media platform that allows people to display their contribution to the environment in the form of IMPT points, different rankings, and badges. IMPT points can be earned for redeeming credits, shopping with partner brands, or exchanging a carbon credit for a unique NFT.
IMPT is currently in the first of three presale phases. Right now, IMPT tokens can be purchased for $0.018, however, this price will increase to $0.023, and finally to $0.028. Full details of the presale can be found within the IMPT whitepaper.
With this in mind, it could be worth checking out the presale today to stock up on tokens for a comparatively cheaper price. Join the IMPT Telegram group to stay informed about the project’s updates.
Visit IMPT Presale
3. Battle Infinity – NFT-Based Fantasy Sports Platform with DeFi Elements
Battle Infinity (IBAT) is an NFT project that aims to disrupt the crypto industry through the creation of an NFT-based fantasy sports league as well as an ecosystem consisting of a diverse range of DeFi features.
The Battle Infinity ecosystem is split into six different sections. A fantasy sports league (which will initially launch with Cricket before branching into other sports), an NFT marketplace, a decentralized exchange, a staking platform (with over $4 million total value locked), a Metaverse arena, and a collection of P2E games.
In order to participate in the fantasy sports league, holders will need to purchase an NFT pass. After doing so, they will be given a budget to build a fantasy team, with player stats based on real-world performance. Winning NFT passes will be sellable on the NFT marketplace.
Battle Infinity has been performing rather well since its release. During its presale, the project raised over 16,500 BNB. After getting listed on the PancakeSwap exchange, the IBAT token (which is also one of the best low cap crypto gems in 2022) increased in value by around 400%, making Battle Infinity one of the best cheap NFTs to buy this year.
Despite being one of the cheapest NFT projects, Battle Infinity has created a huge amount of intrinsic value for its investors. As the project’s development progresses and its features get released, Battle Infinity could become the best cheap NFT to buy, making the project worth checking out for any NFT investor.
4. Lucky Block – NFT Competition Platform Hosting Huge Prize Draws
Lucky Block (LBLOCK) is a platform dedicated to hosting exciting competitions with huge prizes, including $1 million in Bitcoin, a Bored Ape Yacht Club NFT, and a luxury home. Despite being one of the cheapest NFT projects, Lucky Block has ample room for growth making it worthy of consideration for investors trying to find the best cheap NFT to buy.
Each prize draw can be entered by purchasing a Lucky Block NFT. As the price of each is dependent on the potential jackpot, there are plenty of cheap NFTs for sale. In addition to providing entry to a competition, each NFT entitles the holder to a portion of the reward pool, meaning that even the cheapest NFT has ample long-term value.
Near the end of July, Lucky Block transitioned from the BEP standard to ERC-based architecture. This removed the tax on transactions and paved the way for listings on centralized exchanges like Gate.io and MEXC.
On September 30th, the Lucky Block team initiated monthly token burn equality to 1% of the LBLOCK supply. Together, the factors helped to cement Lucky Block as a cheap NFT that will blow up over the coming months. As such, it’s worth checking out Lucky Block today in order to pick up some cheap NFTs to flip.
5. MetaBlaze – Exciting Triple-A Play-to-Earn Crypto Game
MetaBlaze (MBLZ) is a presale cryptocurrency project that aims to create a triple-a P2E NFT game. The project is currently in presale, and with tokens selling for just $0.00015069 MetaBlaze is one of the cheapest NFTs to buy now.
As one of the best cheap NFT projects, MetaBlaze provides its holders with a great deal of value. The project will create a Metaverse world that will be accessible via the Blaziverse dApp. This will also act as the portal to various MetaBlaze P2E games beginning with the MetaMinez mini-game.
Later in the project’s development cycle, MetaBlaze will release a large-scale role-playing game. This will be the project’s flagship offering and could give even the best crypto games a run for their money.
Overall, MetaBlaze is an interesting new crypto project that is selling out quickly. Currently, MetaBlaze has raised $3.3 million of its $4 million goal, meaning it’s worth checking out the project today before the presale sells out.
6. HELIX Founder Pass – Early Access Pass to the Upcoming HELIX Metaverse
Next on our list of the cheapest NFTs to buy is HELIX Founder Pass, a collection of 5,000 NFTs which provide the holder with access to an upcoming Metaverse world, known as Parallel City. The current floor price for the project is just 0.263 ETH making it one of the cheapest NFT projects to buy in the Metaverse sector.
HELIX Founder Pass holders will receive exclusive access to the HELIX Metaverse game 3 months early, providing plenty of time for players to get ahead. In addition to its focus on the Metaverse, HELIX will also create a range of P2E player-vs-player game modes including Battle Royal and Deathmatch.
In contrast to other gaming-centric cheap NFT collections, HELIX will create a ranking system in order to best reward the most skilled players. With Esports growing in popularity yearly, this could help push HELIX to the forefront of a highly competitive market and make it one of the best cheap NFT projects.
7. Street Machine – Narrative-Focused NFT Collection Inspired by Anime
Street Machine is an interesting new collection focused on creating cheap NFT art. The project consists of 8,000 unique Street Machines which currently have a floor price of 0.334 ETH.
The project takes inspiration from anime and features cheap NFT art designed in a similar style to popular Japanese drawings. The project has a focus on narrative rather than utility. As such, the Street Machines collection is linked to an upcoming three-part graphic novel that will be released online.
The project has been created in collaboration with a range of high-profile figures in the NFT community including Rarible and Doodles. Later down the line, Street Machines will hand over the IP rights to each NFT to holders.
While Street Machine might not be the cheapest NFT on our list, it could be the top NFT to buy for fans of cheap NFT art.
8. The Indifferent Duck – Well-Designed Collection Offering Access to Upcoming Mints
Created in December 2021, The Indifferent Duck is a collection of 10,000 unique NFTs that exist on the Ethereum network. With the current floor price of the collection being just 0.001 ETH, it can be purchased for the lowest price out of any cheap NFTs for sale.
Despite being one of the cheapest NFTs to buy, The Indifferent Duck took a very innovative approach to the minting process. Rather than randomly distributing pre-created NFTs, investors could purchase eggs which could then be customized using the BRAVO Maker – a simple drag-and-drop tool allowing people to create their own NFT designs.
Investors looking for the next cheap NFT for sale should check out The Indifferent duck. While the project lacks much in the way of utility, holders will get early access to mint the creator’s other upcoming collections which could prove profitable.
9. Frontier – NFT Collection used in the Popular Frontier Game
For fans of P2E games, Frontier could be the best NFT to buy for cheap. With the Frontier game having a lot of depth, the NFTs present in the collection vary a great deal, ranging from in-game items to characters. The cheapest NFT to buy in the collection is currently 0.015 ETH.
Frontier has grown in popularity a great deal since it was initially released. In the game, players will be assigned to one of two teams before battling it out in order to conquer the simulated world. In doing so, players can earn crypto rewards and unique items which can be equipped to provide an advantage or sold on any of the best NFT marketplaces.
Being one of the cheapest NFTs to buy, Frontier could yield impressive returns for investors. However, the success of the project’s NFTs will be heavily dependent on the game’s adoption, making this cheap NFT for sale only worth picking up if the game seems ready to take off.
10. MyCryptoHeros – Popular Crypto Game with NFT-Based Assets
Another of the best cheap NFT projects within the NFT game sector is MyCryptoHeros. Launched back in 2018, MyCryptoHeros was one of the first blockchain games to hit the market. As such, its NFT collection contains a total of over 85 thousand items, all of which are usable in-game.
The project features a wide variety of different ways to earn. Users can rent out MyCyptoHeros characters to use within the game in order to earn rewards in the form of rays, one of the cryptos with the most potential. Alternatively, users can buy heroes and rent them out to other people in order to earn a profit.
With the collection starting at just 0.002 ETH, it’s worthy of consideration for investors looking for the cheapest NFT to buy. As the collection features so many items, it’s important to understand the function of each in-game in order to get a solid basis for determining which cheap NFTs to flip.
11. Incognito – Cheap NFT Collection Providing Real-World Utility
Created on the Ethereum blockchain by a group of artists and NFT fanatics, the Incognito collection consists of 10,000 items based on various articles of clothing. Each NFT is 3D and will be usable within the Metaverse. With a current floor price of 0.02 ETH, Incognito is one of the few cheap NFTs with potential.
The core idea behind Incognito was to blend the Metaverse and the real world. To achieve this, the project will allow its holders to claim physical items based on the design of the NFT they hold. While this isn’t a unique concept, it does help to provide these cheap NFTs with potential.
Out of all the cheap NFTs to buy now, Incognito is one of the most interesting. It appears that the team behind the collection is still working hard to add and create utility for holders, meaning Incognito could be the best NFT to buy for cheap as long as the team continues working to release new features,
12. LUX – NFT Representing Real Estate in a Detailed Metaverse World
Housed on the Solana blockchain, LUX is a cheap NFT collection consisting of 5,000 pass-style NFTs. Each provides its holder with a spot in the upcoming LUX virtual world. The current floor price for the collection is 1.59 SOL although that will only buy a basic apartment in the LUX world.
Within the LUX Metaverse world users are free to explore and interact with one another. As LUX offers support for PC, Mac, and VR, the world is very accessible. In contrast to many of the best Metaverse NFT projects, LUX has focused on creating a detailed world with 3D models.
With the Metaverse expanding so quickly, LUX could end up being one of the fastest-growing cryptocurrency projects on the market. While it’ll be difficult to determine how the collection will perform until the LUX virtual world is fully released, it could end up being a cheap NFT that will blow up.
Are Cheap NFTs a Good Investment?
Investors looking for cheap NFTs to buy now will likely be wondering whether the assets will perform well as an investment. While it’s difficult to predict the cheap NFTs that will explode, we’ve rounded up a few reasons why cheap NFTs can make for good investments.
Upside Potential
Are you looking for NFTs and cryptos with the most upside potential? While expensive collections can be attractive for investors looking to minimize risk, they tend to lack the upside offered by cheaper collections. In cryptocurrency, value is driven in a large part by demand. As such, investing in a project that is still relatively new can yield far greater returns than a collection that everybody already knows about.
Lower Capital Requirements
With even the cheapest Bored Ape NFT selling for tens of thousands, many high-profile NFT collections are out of reach for the average person. However, investing in cheap NFTs that will explode can allow people to get exposure to one of the fastest-growing sectors (NFTs) without having to outlay huge amounts of capital.
Utility
It’s a common misconception that cheap NFTs lack utility. In fact, the best cheap NFT projects are often more innovative than expensive collections. As such, investing in cheap NFTs to buy now can be a great technique to get exposure to the latest concepts in the crypto space.
Less Established
Typically, cheaper NFTs will be from less established projects. This is excellent for investors as it makes it possible to get involved with a project early in its lifecycle. While even the cheapest Bored Ape NFT is expensive as it’s a well-known collection, there are plenty of cheap NFT collections that simply haven’t had time to mature into their full potential.
Conclusion
Throughout this guide, we’ve taken a look at 12 of the best cheap NFTs to buy and discussed the validity of NFTs as an investment. During our research, we came across one project that presented itself as the best cheap NFT to buy.
P2E meme coin Tamadoge has recently released its new NFT collection to wide praise. The collection containing 100 ultra-rare NFTs will soon be followed up by 1,000 rare and 20,000 common NFTs, providing plenty of opportunity for investors to get involved with the Tamadoge ecosystem. Check out the project today to snag an NFT before prices shoot up.
FAQs
What is the cheapest an NFT can sell for?
Technically, there is no lowest price that an NFT can sell for. A few of the collections we’ve looked at have a floor price of just 0.001 ETH ($1.30). However, depending on the blockchain an NFT is created on, gas fees can end up being more costly than the NFT itself.
Which NFTs should I buy cheap?
There are plenty of different cheap NFTs to buy now. However, not all of the collections will be worth purchasing. A few of our favorite cheap NFTs include Tamadoge and Battle Infinity. Both projects have performed well thus far and present no signs of slowing up anytime soon.
What are the cheapest NFT collections?
The price for an NFT collection varies massively. Some collections, particularly those involved with P2E gaming, could have a low floor price due to having a common item within the collection while the average sale price is far higher. With that said, the Indifferent Duck had a floor price of 0.001 ETH making it the cheapest NFT on our list.
Can you buy an NFT for $20?
It’s entirely possible to purchase an NFT for $20 or even below, in fact, most of the collections we’ve mentioned can be purchased for less than $20. However, while cheap NFTs can make for good investments, it’s crucial to perform ample research prior to investing in a project.
