How To Find NFT Projects Early

How To Find NFT Projects Early

how to find nft projects early

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Are you looking for ways to find NFT projects before you mint them in 2023? Our quick guide on “How to find NFT projects early” helps maximize your returns on NFT investments!

Wondering how some NFT profits make amazing profits by trading tokens? Is it pure luck or his uncanny ability to spot big NFT projects before others? While luck matters, the massive profits made by early adopters of successful projects like Cryptopunks, Bored Apes, etc., testify to the timely identification of good projects for supernatural gains.

However, the burgeoning token art space has made it increasingly strenuous to spot attractive NFT projects early on. Also, investing in bad projects can lead to insurmountable losses. Therefore, we have listed some ways to keep track of lucrative projects before their public release.

Ten Ways To Discover Profitable NFT Projects In Early 2023

1) NFT Project Research – Find minting projects early.

Doing detailed research on NFT projects helps to recognize excellent NFT projects before their official minting stage. The best place to start your initial study is the official website of the project. A potentially profitable project site would cover the following:

  • The project description, backstory, vision, mission, creators, artists, and roadmap.
  • Community tools.
  • Token distribution system.
  • Member benefits.
  • Access rights to collection galleries, exclusive virtual spaces for members, etc.
  • Provenance records.
  • Terms and conditions of the project.
  • Privacy Policy
  • Governance and voting frameworks
  • Links to the project’s social media identifiers and underlying smart contracts.
  • Important announcements about technology updates, derivative works, market listing, pre-sale, auctions, etc.

2) Analysis of the NFT Project Roadmap

A solid roadmap with long-term action plans is at the core of every successful project. Furthermore, a well-laid roadmap increases investor confidence, which increases the demand for the NFT series. Additionally, major projects continually implement new features, related collections, technology migrations, etc., to foster community growth and sustainability. Therefore, studying project roadmaps helps to identify potential NFT projects early.

Typically, a project roadmap includes the following:

  • NFT Drop Information: Drop Date, Time, and Minting Price
  • Next events
  • NFT rarity levels
  • commercial releases
  • DAO information.
  • Exclusive benefits and rewards
  • Free giveaways/airdrops.
  • Add-on, add-on, or hybrid NFT releases.
  • Utility tokens for yield farming.
  • NFT storefronts.
  • 3D models compatible with Metaverse and NFT games, in-game utilities, etc.

3) Twitter: The Best Platform To Follow And Shortlist The First NFT Projects!

Twitter is the go-to platform to find out everything about a new early stage or early stage NFT project. As the most searched digital advertising and social media platform, many NFT projects and web artists market their creations and collections on Twitter. Generally, the larger the fan base of a project’s creators, the greater the credibility and perceived value of the project. Consequently, a project’s fan base increases, further exaggerating its value.

In addition, Twitter allows you to share external links. Therefore, the Twitter profiles of most NFT projects contain links to their websites, Discord servers, Medium blogs, and other social media pages. In addition, important updates, release schedules, and roadmaps are posted on Twitter.

4) Nansen – AI-Enabled Blockchain Analytics App To Identify Fantastic NFT Projects Early

Nansen is an AI-enabled blockchain analytics application for Ethereum. Increase on-chain metrics with easy-to-remember wallet tags. Nansen helps users find new investment avenues, perform due diligence, and set up custom notifications to safeguard their portfolio positions.

Additionally, Nansen tracks the behavior, activity, and on-chain transactions of notable wallets at the most granular level. The dissection of the whale wallet moves helps you identify fantastic NFT projects early. Typically, the greater the diversion of prominent wallet funds to a particular project, the greater the project’s estimated profitability.

5) Discord – The Best Community Tool For Finding Early NFT Deliveries

The success of an NFT project is proportional to the power of its community. The larger the community, the greater the strength of the community. Therefore, a thriving community is a telltale sign of a great NFT project.

Discord is the top ranked invite-only app for community building. Therefore, many NFT projects have Discord accounts to encourage community participation and growth. The higher the community engagement of a project on Discord, the higher its earning potential and reliability. Also, early information related to the project such as crashes, whitelisted wallets, developer updates, etc. are shared on Discord.

6) OpenSea: NFT MarketPlace to Find New NFT Projects

OpenSea – The largest NFT emporium, ranks projects in Ethereum, Klaytn, and Polygon based on trading volumes. It also shows the minimum price for each project, the number of unique owners, and the total number of items in the collection.

Similarly, the OpenSea activity tab shows live sales of individual NFTs, with the most recent sale at the top. Monitor the sales activity of a specific project by choosing the corresponding filter to see the resale frequency and the last sale price of the individual tokens in the series. Typically, high-profile projects have all-time rising average price and sales charts.

7) Online NFT Calendar Websites

A pioneer in publishing release calendars to the market featuring the newest, past, ongoing, and upcoming NFT releases, NFT Calendar is a top website for finding exciting NFT projects early. It promotes NFTs hosted on multiple blockchains like WAX, Solana, Ethereum, etc.

In general, NFT releases with a verified badge come from the stables of branded artists and are considered more trustworthy than unverified releases. Therefore, the increased demand and backlog of verified projects increases their perceived valuations. Sign up for the NFT Calendar email newsletter to get lucrative NFT collections ahead of time.

8) Rarity. Tools – Great Tool To Assess NFT Rarity For New Projects.

The rarity of an NFT is the main determinant of its market rate. The higher the rarity of a generative or collectible art token, the higher its resale value and subsequent profit potential.

Rarity.tools is a top notch tool for calculating the rarity score of a given NFT. Arrange each collection in descending order of rarity scores, meaning the NFT with the highest rarity score will be ranked #1 and so on.

Rarity.tools adds up the rarity scores of the traits to calculate the aggregate rarity score of an NFT. Furthermore, it facilitates the relative analysis of individual tokens belonging to the same collection. Check out the rarities of “newcomers” projects at rarity.tools to estimate their future return generating potential.

9) Ryzennft: Find Upcoming Projects Based On Solana And Ethereum Soon.

RyzenNFT is a Google Chrome extension that includes unique tools to quickly discover upcoming Ethereum and Solana based projects. Links you directly to fall detector websites with a countdown timer.

In addition, RyzenNFT’s gas rate prediction and preset features help set a maximum gas price and identify amazing NFT projects. Usually, the bigger the NFT drop, the bigger the gas wars. Contract sniping functionality helps identify undervalued NFTs and buy them quickly during live minting, while the built-in rarity tracker allows you to calculate NFT rarities and rankings directly in OpenSea. Thus, RyzenNFT is a complete NFT analytics package to find great NFT projects in the pre-launch stages.

10) Icy.Tools: NFT Tracking And Analysis Rool To Find NFT Initial Minting Projects

Glacial. tools is an NFT tracking and analysis tool that helps you spot valuable NFT projects early. It shows real-time mints, most popular collections, market patterns, and NFT metrics like minimum prices, traded volumes, and transaction history.

Furthermore, it allows users to time their entries and exits by analyzing whale wallet activities, sales trends, price charts, token rarity, on-chain data, curated sources, and alerts. personalized. In addition, the development team constantly creates innovative NFT alpha toolkits to enrich data feeds, token analysis, and NFT market watch lists.

Do you want to earn money by launching NFT? Popular NFTs are expensive and after analyzing 1000’s of NFT projects, we know that it’s not easy money unless you enter the seed/pre-sale round. Out of 1000 NFT projects, only the floor price of 10 NFT projects has increased after the initial jump.

Even if your NFT has a floor price higher than your buy level, it doesn’t mean it will always sell. If you are looking for guaranteed NFT income then join NFT Ninja – With this NFT guide beginners can earn 10X return on NFT. Get started with NFT Ninja here

What Is The Best Strategy To Identify High-Profile NFT Projects Early?

No single strategy will help discover high ROI NFT projects early. It is imperative to analyze the project website, Twitter and Discord. But you should also explore the other techniques before making NFT investments. However, Nansen and Icy. The tool requires users to pay a nominal fee to unlock its premium features. RyzenNFT is expensive and is sold as NFT, but you can make a profit by reselling it. Other platforms to evaluate the first NFT projects are Instagram, Youtube, Reddit and Telegram.

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