In crypto, the early bird gets the worm. As in, savvy early adopters can earn major gains by finding projects BEFORE they are being shilled by crypto influencers or promoted in mainstream media. With that said, finding early gems in this space is easier said than done.
In this article, we’ll discuss how you can identify NFT projects early on so that you can buy them before they blow up. We’ll also cover some of the most promising NFT projects right now and what makes them unique.
Why random picks don’t work
If you’ve invested in NFTs before, you know that it can be hard to find good projects. The vast majority of NFT projects aren’t good picks. Most people don’t have the skills or resources to produce high-quality art, music, or other forms of digital entertainment.
Their flaws might include:
- Poor design
- Unengaged team / rug pulls
- Inconsistent quality
- Limited utility or unclear/absent purpose
- Poor community engagement (bot-filled social media groups)
So where do you start? Well, if you’re like most people, you probably browse through the trending NFT collections on platforms like OpenSea or Rarible. However, with there being thousands of new projects pumped out on the regular, this strategy falls short.
Another popular strategy is to follow crypto celebrities on Twitter or Instagram and search for their username in NFT projects they’ve endorsed. This approach has its limits too though; if the crypto celebrity doesn’t post much content about NFTs, then this strategy won’t work very well either. Further, their can be conflicts of interest and uncertainties with whether a project will take off.
5 Ways to Find NFT Projects Early
If you’re willing to put in some extra effort upfront, then your chances of finding good projects increase dramatically. Let’s look at 6 tactics to do so.
Crypto launchpads connect emerging project developers introducing them to captive audiences of early stage retail investors. They also serve the important role of fundraising and helping them get established.
Launchpads come in various varieties. NFT launchpads are a great way to identify and get in early on promising NFT projects.
Blind Boxes will soon kick off our Launchpad. This product will showcase early stage gaming, Metaverse, and collectible NFT projects. The Blind Boxes Launchpad will let $BLES stakers benefit from being early adopters as they support the next wave of Web3 development.”
~ Anita Angelica Moore, CEO — Blind Boxes
Twitter is often the first place that new NFT creators go to market. By using follower trackers like FollowLiker, you can follow along with major names in crypto, who are often among the first to follow fresh new NFT creators on Twitter.
Whotwi displays who a givenTwitter account follows, ordered by the most recent follow date, which goes beyond what Twitter shows you. Once you’ve identified the right creators, you can use their follower lists to search for other NFT projects they’ve backed or followed.
3. NFT aggregators
Just like flight aggregators like Kayak or Expedia, these sites aggregate data from various sources and present it in an easy-to-use format. The same concept applies to NFT aggregators; they aggregate data from various sources to give you a better idea of what the market is offering at any given time.
4. Minting Monitors
This means you’ll be right at the forefront of the NFT market as new projects launch. You can use this information to identify promising projects before anyone else, and then you can jump on them before they blow up. With that said, it’s always ideal to find out about projects before they’ve even minted.
5. Snipe for rare NFTs
Rarity plays a major role in the success of NFT projects. If you can find rare, one-of-a-kind NFTs, then you’ll be on to something.
The problem is that many people don’t know how to identify them. That’s where tools like freshdrops.io come in handy; they let you search for NFTs by rarity. This lets you identify promising NFT projects before anyone else does.
6. Ryzen Solutions
While the above tools range from free to low-cost, Ryzen Solutions is on the pricier side. However, you’ll be getting plenty of bang for your buck, including features like a rarity sniffer, drop detector and autoclick, tokens finder, and more.
In conclusion, finding NFTs early can give you a huge upper hand, and these strategies will help you get there ahead of the pack.
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About Blind Boxes
Blind Boxes is a gamified curation platform and launchpad for NFTs (non-fungible tokens). This highly scalable dApp enables brands and creators to diversify their revenue streams, increase the liquidity of their creative assets, and become leaders in decentralized global economies while engaging fans and buyers to discover and collect rare, limited edition NFTs.
Via the Blind Boxes Marketplace, buyers experience the thrill of time-released curated NFT collections. Collectors virtually unbox exclusive items, curated by tastemakers across art, music, sports, and entertainment. Curation is at the core of our value proposition. The platform offers a commission structure that incentivizes independent contributors to curate blind box collections that feature top-tier talent, emerging artists, and designers from around the world.
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