Blue chip NFTs are projects that are expected to be stable in terms of value and profitable in the long term.
Blue chip NFTs have several characteristics in common.
A relatively high floor price, brand power, celebrity endorsements, commitment of the project team, and real-world utility.
Blue chip NFTs include Bored Ape Yacht Club, Mutant Ape Yacht Club, Crypto Punks, and ENS: Ethereum Name Service.