A Closer Look at the Best Staking NFTs 

Staking is not exactly a new concept, especially for those who are already familiar with cryptocurrencies.

In simple terms, the process often refers to depositing NFTs into a DeFi platform to collect rewards. To get started, investors only need a cryptocurrency wallet with NFTs.

Moreover, more NFT projects have their own in-built DeFi tools – which makes the process even more seamless.

However, the tricky part is that not all NFTs can be used for staking. On the contrary, there are only a handful of NFT projects that support this feature.

Below, we have included a detailed review of some of the most popular staking NFT projects available today.

1. Tamadoge – Overall Best NFT Project for 2022

Tamadoge is one of the best new crypto projects of the year and unique in that it has a proud meme coin – TAMA – as well as NFT ownership and play-to-earn gaming elements in its wider ecosystem.

TAMA enjoyed a highly successful IEO launch at the end of September and returned nearly 2,000% gains for early investors, rocketing up the meme coin charts to become the third largest by trading volume, trailing only Dogecoin and Shiba Inu.

The project has now released the first 100 NFTs in its collection – ultra-rare pets available on OpenSea via auction.

The NFT pets will be at the center of the Tamaverse and allow holders to battle others for prizes and rewards.

Working like 90s craze Tamagotchi, holders look after, feed and care for their pets – treating them with toys and food – so they grow into adults.

Once fully grown holders can battle other Pet owners for their place at the top of a global leaderboard.

Later in the roadmap more P2E arcade games will be released, and the pets will transform into 3D and then augmented reality – with an app released that will allow owners to take their pets out into the real world to explore.

The pets will come in three tiers, ultra-rare, rare and common. The first 100 ultra-rare pets are on sale via auction on OpenSea now and will boast increased speed, agility and awareness, given their owners a 90% improved chance to beat other pets.

The auction will run until October 13, with starting bids at 1ETH. The other pets (1,000 rare and 20,000 common) will all have individual looks and traits and will be available for sale in the coming weeks.

Tamadoge pets do not have a traditional staking function, but their play-to-earn element means holders will be able to return rewards via their ownership.

2. Lucky Block – Market-Leading NFT Competitions Platform

Launched in 2022, Lucky Block is one of the most popular crypto projects of the year. This platform regularly hosts competitions, offering every Lucky Block NFT holder a chance to win prizes. Moreover, investors can earn rewards simply for participating.

In fact, Lucky Block is the first project to offer blockchain-based prize draw competitions. Not only that, but unlike the majority of the new NFT projects being launched, Lucky Block has not limited itself to a single collection. Instead, it regularly releases a new series of NFTs, each twinned with a unique competition.

When an NFT collection sells out, the underlying smart contract will randomly select an eligible winner from those who entered the competition. For instance, at the time of writing, Lucky Block features a limited collection of 10,000 Platinum Rollers Club NFTs. Holders of these NFTs are automatically entered into Platinum Rollers Club competitions hosted by the platform.

Competitions are held every week, and the prizes range from game consoles to Lamborghinis. Additionally, Lucky Block also has its own native digital token – LBLOCK. Those who hold Lucky Block NFTs are also offered rewards in this token. The longer the investor holds the NFT, the more tokens they are rewarded.

Holding LBLOCK tokens also unlock exclusive prizes on the Lucky Block platform, regardless of whether they win a competition. The LBLOCK token can be purchased from popular crypto exchanges such as Uniswap, MEXC, and LBANK. This is a dual ERC-20 and BSc token hosted on the Ethereum and Binance networks, respectively.

Crucially, while Lucky block does not ‘technically’ support NFT staking, for all intents and purposes, it incentivizes those who hold their non-fungible tokens long-term. This way, investors have the opportunity to participate in competitions and get rewards in LBLOCK tokens simply by HODLing.

Read our detailed guide on how to buy Lucky Block NFTs here.

3. Quint – Exciting NFT Project With Super Staking Features

Quint is one of the coolest NFT projects that was launched in recent years. This ecosystem comprises a few notable features,  including an NFT marketplace, the Quint shop, and a super staking pool. The super staking pool is, however, what sets this project apart from the rest.

While typical NFT staking pools offer rewards in the form of digital tokens, the Quint staking pool also aims to add unique real-world collectibles to its treasury. These incentives range from complimentary stays in popular travel destinations, supercar experiences, and discounts on hotel bookings, restaurants, properties, and much more.

In addition to this, the Quint platform also runs luxury raffle pools, which offer exclusive prizes to participants. To get started, investors can purchase tailor-made NFTs via the platform’s marketplace. Quint focuses on offering luxury NFT services, which means that investors can also get freshly minted NFTs framed and get them delivered to their doorsteps.

One of the unique future goals of Quint is to develop real estate in the real world. The platform will then make Quint holders fractional owners of these luxury properties in proportion to their investment into the project. The Quint team is also working on a P2E game concept and will be adding multi-chain support to the platform.

The Quint ecosystem is hosted by the Binance Smart Chain. To buy NFTs, investors need to have Quint tokens in their wallet – which can be purchased via PancakeSwap.

4. Mobox – Play to Earn Platform With NFT Yield Farming 

Mobox is a play to earn gaming platform that combines NFTs with yield farming. The Mobox metaverse is called MOMOverse, and is built on the Binance Smart Chain. Within this ecosystem, players can mint, earn, or trade Mobox NFTs – which are called MOMOs.

Each MOMO NFT comes with unique qualities and a randomly generated hash power. Mobox allows players to stake their NFTs in order to farm the platform’s governance token MBOX. The more NFTs that are staked, the more MBOX rewards can be earned each day.

Another plus point is that the MOMO NFTs can not only be used within the MOMOverse, but also on Mobox’s partner platforms. Similarly, NFTs from partnering projects can be utilized in the Mobox ecosystem too. For instance, investors who have staked PancakeSwap Profile NFTs will be able to use them on MOMOverse – without having to unstake them from the DEX.

What’s more, this way, players can enter team battles in Mobox to collect MBOX rewards and earn CAKE staking points on PancakeSwap at the same time. This feature is a reason why Mobox continues to be one of the best metaverse projects to emerge in the NFT space.

5. Mutant Cats – Stake Mutant Cats to Earn New NFTs

Mutant Cats is perhaps the first crypto project that purchases and fractionalizes other blue chip NFTs. The project has set up a secure vault that contains NFTs from some of the most popular projects of all time. Some of the most notable NFTs in the Mutant DAO vault include CryptoPunks, Bored Ape Yacht Club, Tyler Hobbs, and more. 

In addition to this, the project has also launched its own collection of 9,999 NFTs. These are built on the Ethereum blockchain and feature unique feline avatars with different traits. Investors can buy Mutant Cat NFTs and stake them to earn FISH tokens, the native digital token of the project.

The staking program pays out 10 FISH tokens per day for each staked NFT. These FISH tokens represent fractional ownership of the DAO’s assets stored in the vault. As per the Mutant Cats team, the project is also planning to establish specialized groups of community members who are dedicated to the growth of the project.

6. Doge Capital – Stake NFT Pixel Art

Doge Capital is another project that has launched an exclusive collection of art NFTs. There is a total of 5,000 NFTs, each depicting a 24×24 piece of art. Moreover, like the Mutant DAO, Doge Capital also invests in other popular NFT projects.

The platform has set up a vault named Woofbank, where it stores the NFTs and other assets for its community. The project allows investors to stake their Doge Capital NFTs to earn DAWG tokens in return. These digital tokens can be purchased via some of the best cryptocurrency exchanges in the market.

In the upcoming stages of the project, Doge Capital will also start a renting service through which its holders can borrow NFTs stored in the Woofbank vault. The ecosystem will also include a play to earn game, which will help the users generate  DOGE tokens as revenue.

There is a total supply of 30 million DOGE tokens. The project aims to fully launch towards the end of 2022. However, it has already attained popularity as one of the best staking NFT projects available today.

7. Famous Fox Federation – Stake Multiple NFT Collections

Famous Fox Federation is a Solana-based project that features multiple NFT collections. At the time of writing, it has a Genesis collection, which consists of 7,777 generated foxes. Additionally, it also has the Pixel collection, which are the pixelated versions of Famous Foxes. This set also has a total of 7,777 NFTs.

The metaverse collection comes with 3,000 NFTs. These function as the key to unlocking the player’s private metaverse space. Players can show off their NFTs in this virtual space and even earn rewards. Moreover, the project also has an exclusive Friends & Foes Collection that consists of a series of NFTS created by famous artists.

There are only 15 NFTs in this set, and they are usually auctioned off for FOXY – the digital token of the Famous Fox ecosystem. All Famous Fox NFTs can be staked to generate rewards in the form of FOXY. The tokens have to be staked for a minimum of three days, with no maximum duration.

The FOXY tokens claimed can be used to mint upcoming NFTs and unlock other features on the platform. The amount of FOXY generated will depend on not only the number of tokens staked but also the collection. For instance, the Genesis collection earns 100 FOXY tokens a day, whereas the Pixel set earns only 25.

8. Wolf Game – NFT Game With Staking 

Wolf Game is a metaverse project that has integrated NFT staking into its gameplay. In this universe, NFTs are available as Wolves and Sheep. Players will have to stake their sheep NFTs in order to protect them from wolves.

Staking Sheep NFTs will also earn players WOOL tokens as a reward. In the case that Sheep NFTs are not staked, the wolves will steel all the WOOL tokens accumulated by the player. In other words, this project makes NFT staking fun and immersive.

However, there is only a limited supply of 5 billion WOOL tokens. When the supply reaches 2.4 billion tokens, the staking faucet will turn off. As such, those interested in this token will want to consider getting started soon to make the most of the staking feature on offer.