NFT gift ideas for the holidays
A handful of tips on giving the gift of NFTs this holiday season!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
It’s the holidays, so it’s time to start getting gifts in order.
That said, the big difference going into this season is NFTs are bigger than they’ve ever been before.
So whether it’s a loved one you want to introduce to the ecosystem or a friend that’s a crypto veteran, you may be racking your brain for tasteful NFT-centric gift ideas right now. Allow me to help!
Toward that end I’ve put together some resources below that’ll help you get started 🎁
-WMP
🙏 Sponsor: Zerion—Your Gateway to the Metaverse✨
I want to gift an NFT to a beginner …
For example, maybe you want to help your younger sibling make the leap into the world of NFTs. They’re eager and you reckon they’ll stick around and have a lot of cool experiences.
In this instance, I’d suggest first gifting them a hardware wallet and then only once they have that set up would I send over an NFT or NFTs that you’ve picked out for them.
The downside here is you don’t give the wallet + the NFTs at the same time. The upside, though, is this puts them on the right path with the foundational experience of setting up and securing their own hardware wallet. Plus you can safely sit on their NFTs until they’re ready so they’ll get time-delayed digital goodies later, too.
Some hardware wallet options:
Intro: Ledger Nano S - $59 USD / ~0.01 ETH
Intermediate: Ledger Nano X - $119 USD / ~0.03 ETH
Premium: GridPlus Lattice1 - $397 USD / ~0.09 ETH
Extra: also consider the Cryptosteel Capsule ($99 USD / ~0.02 ETH), a recovery phrase protection solution.
Bankless resources:
What are some good starter NFTs?
“Good” here is totally subjective, right, as ultimately the answer depends on who you’re shopping for.
However, my general recommendation is don’t break the bank with your first NFT gift(s). As anyone who’s given crypto as a gift in the past will know, there’s always the chance that interest won’t “stick” for the recipient and they may lose access to their address.
Accordingly, gifting some relatively affordable NFTs is the way to go if you’re just trying to kickstart someone’s journey.
Relatively inexpensive NFT examples:
Parallel Alpha (sci-fi card game) - ~0.005 ETH floor currently
Spookies (ghost-themed avatars) - ~0.008 ETH floor
ZED RUN (horse racing game on Polygon) - ~0.009 ETH floor
Ethermore (fantasy RPG) - ~0.01 ETH floor
Ethereum Name Service (Ethereum domain) - ~0.033ETH floor
Bankless resources:
What are some more advanced NFT gift ideas?
Maybe this year you have a close friend or even a family member that’s a crypto veteran who you want to give a choice NFT to, or at least something really neat that’s NFT-related.
For this person, simplicity isn’t such a big factor in your gift selection process. What to look at then? Well, you’ve got a range of options. Some gift ideas you might consider include:
An Axie Infinity starter team (3 Axies, which you can acquire on the Ronin sidechain for ~0.02 ETH each right now)
Art Blocks Factory works (Generative cryptoart with prices starting around ~0.05)
Charged Particles “gift basket” NFT (Fill a Nested NFT with other NFTs/ERC20s as a gift)
Infinite Objects (Physical NFT-compatible displays starting at $79 USD / ~0.02 ETH).
Ringers: The Rinkeby Sessions (Open-edition physical prints of Dmitri Cherniak’s Rinkeby Ringers).
Whatever you end up deciding, just make sure you triple-check that the recipient’s address is correct before sending any NFTs on-chain!
Action steps
Read the previous Metaversal post NFTs and CC0 if you missed it!
Also be sure to check out my latest Bankless tactic, How to hop between chains.
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.