Project

General

Profile

Bug #1816

How to Find NFT Projects Early (2022)?

Added by judy murphy 5 months ago.

Status:
New
Priority:
Normal
Assignee:
-
Category:
-
Target version:
-
Start date:
07/07/2022
Due date:
% Done:

0%

Estimated time:

Description

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 project 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.

Best 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.

NFTOclock.io is a website for upcoming NFT drops and [nft calendar](https://nftoclock.io/) . They share the most interesting and trusted NFT projects across marketplaces and platforms.

No data to display

Also available in: Atom PDF