As a professional translator, I would like to translate this news article into English using a descriptive tone. The sentences will be accurate and coherent, and proprietary terms and all
will be retained. The meaning will be preserved without any grammatical errors, and no period will be added at the end. Here is the translated content:
Coin World News Report:
Author: William M. Peaster, Bankless; Translator: Dengtong
With Blur no longer as bearish as before, the recently bearish Ethereum NFT scene may have bottomed out and could soon experience a significant rebound.
Of course, in such a reversal, major collections like CryptoPunks, Pudgy Penguins, and Miladys may sell well, but what about the lesser-known gems that might be severely mispriced today?
As I survey the entire ecosystem, some smaller projects currently stand out to me as rejuvenated major contenders because they are renowned digital products.
Let’s focus on these projects and discuss why they are important!
1) 0xmons
Creator: 0xmons
Current floor price: 0.42 ETH
Named after its creator, 0xmons was first released in December 2020 and is a pixelated monster digital collectible with animations created using Generative Adversarial Network (GAN) technology.
By using machine learning in this way, 0xmons is one of the early AI art projects launched in the crypto scene, so I suspect it will continue to evolve like AI collectibles.
2) Avastars
Creator: nft42
Current floor price: 0.013 ETH
In the history of NFTs, Avastars is known for being the first Profile Picture (PFP) project that stores all its features entirely on the Ethereum blockchain.
Since its launch in February 2020, Avastars has inspired dozens of other on-chain series, so this significant impact, coupled with the currently affordable floor price, makes it a good time to purchase some PFPs.
3) CrypToadz
Creator: Gremplin
Current floor price: 0.25 ETH
Gremplin is one of the most talented and iconic “one of us” artists in the crypto space, and his 10k PFP series CrypToadz from September 2021 is an iconic anthem that perfectly captures the atmosphere of the previous NFT bull market.
I choose to live in a world where artists like Gremplin receive the respect they deserve, so I simply believe that the trading prices for CrypToadz should be higher than 0.25 ETH. Moreover, let’s say in five years, I think their trading volume will be even higher as more people come to appreciate his art.
4) Mutant Garden Seeder
Creator: Harm van den Dorpel
Current floor price: 1.07 ETH
In my view, one of the most outstanding art collections in the 2021 NFT space is artist Harm van den Dorpel’s “Mutant Garden Seeder.” Simply put, each of the 512 pieces in the collection evolves dynamically with the Ethereum block hash, making it a truly captivating exploration of living art and digital organisms.
That being said, I believe that 1 ETH is too low a price for a collection of this caliber, and with new collectors becoming aware of Harm’s work, I wouldn’t be surprised to see these pieces trading again in a few years at prices of 4 ETH.
5) Terraforms
Creator: Mathcastles
Current floor price: 0.54 ETH
If you have read my recent Terraforms guide, it’s no wonder that this project is one of the most underrated ones in the Ethereum NFT space. Launched in December 2021, Terraforms is a 20-level virtual “Hypercastle” where the plots evolve over time through its smart contract code.
As a pioneer of runtime art, Terraforms stands out with its fully on-chain, continuously dynamic generation, and high composability. I believe anything below a 1 ETH floor price for this series is outright theft, as I think these works will stand the test of time due to their artistic significance.