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Marsleaders
Marsleaders
Ethereum
Marsleaders is moving 195 earth countries to Mars with citizens and presidents & creating virtual roleplay civilization Marsleaders is a new beginning in a Virtual World, where nothing is impossible much like in real life and even more. We introduce you to a whole new planet of opportunities, offering alternative space for the venture, entertainment, enterprise, and virtual life. Marsleaders is a game of fiction, however, success in this game directly converts to rewards in real life for NFT holders on Earth. We are building a parallel universe on Mars, where every Earth country (all 195 of them) will start off with red soil land and representatives. In the first season, each country will have 50 citizens and 1 president. ⟢ The first season will be held in Discord, where countries join in for a competition. Citizens and presidents of five leading countries in the competition leaderboard will receive their share of the prize pool of $500 000. Countries earn points for the leaderboard based on how well they handle given weekly tasks. ⟢ The second season will be held in the Marsleaders game with its currency coin. MarsCoin can be obtained from different activities in the game. (Businesses, Jobs, Crimes etc.) Game Description ⟢ MarsLeaders is a life simulation game, where the action is unfolded on a newly “habitable” red planet. On virtual Mars, players will be able to obtain various roles with different privileges in a game, where presidents rule in accordance with their citizens’ needs and preferences, and citizens themselves contribute to their community by succeeding in the given competition challenges This reality roleplay game is giving us, humanity an opportunity to start over and base a new virtual civilization on Mars where reality is ours to seize, where we have the freedom to establish our own laws and rules on how to earn more money while having fun.
Jubilee's Multiverse
Jubilee's Multiverse
Ethereum
Jubilee’s Multiverse is a realm of infinite fun and imagination—thousands of Jubilees exist in thousands of alternate universes, living fun and curious lives. Some have tentacles, swimming in deep, magical waters, and some eat lollipops while hang gliding through the candy cane mountains. Despite their appearances, they all have one thing in common: THEY LOVE ART. Exploring a world inspired by Fabio Santos, you will quickly discover that art is at the center of the Jubilees Multiverse. Art is an expression of emotion, and to deny people their art and the fruits of their art, is to deny them their own feelings. Together with the Jubilees, we will celebrate art, creators, and the wonderful world of imagination that bridges the gap between dreams and reality. Join us on our journey of self-discovery and artistic creation.
Citizen 3025 Dressable NFTs
Citizen 3025 are a collection of Free-to-Own dress-able NFTs. Think barbie dolls meets cyber punk. Be the first to claim new rare traits for your NFT. New trait drops will be posted periodically, so keep an eye on our twitter for trait drop announcements. Join us now and whitelist your Free-to-Own genesis NFT. Future: We also plan to sponsor artists who want to create new traits and art updates. Watch your NFT evolve over time as you select new traits and become eligible for sponsored artist revisions How it Works: Create your genesis NFT by connecting your wallet and then selecting the traits that you would like. Once you have claimed your NFT, you will be able to mint for free during the live mint date. Every so often, we will be dropping new traits. Be the first to select new rare traits during each new drop. You can choose to keep your current selection of rare traits, or select from the pool of newly versioned traits. Happy whitelisting!
Novawchi
Novawchi
Polygon
AN INTRO TO NOVAWCHI NOVAWCHI is a truly decentralized crypto asset built with the mission to revolutionize the entire ecosystem of metaverse, cryptocurrencies & blockchain technology.The project was established on the 20th of October 2022, and it is being developed on the most secure, popular & decentralized blockchain network called Ethereum. A BRIEF STORYLINE OF NOVAWCHI ECOSYSTEM The project will work on multiple spaces in near future. Including NFTs, Gaming, DEx, & much more comes under in Novawchi NevoVerse. There is a warrior group of angels in the Novawchi Ecosystem whom we call 'Novawchi Warriors' who will fight against the JaviCho group of devils to save their planet NevoVerse, about which you will get the complete, and detailed information on the website v1.0.1. NOTE: 1. A members only area of the Novawchi Discord 2. Access to upcoming Events and Premium NFT Roles 3 Access to upcoming projects ClubChip Card 4. Claim Airdrop Worth $100 Now!
The Oocca Club x Decentraland Event
The Oocca Club x Decentraland Event ( FREE NFT ) Celebrate the New Year during the Oocca Club x Decentraland Party!!! Every day between January 7th till February 1st. Final chance to claim free NFTs from the Oocca artifacts collection!! Check the activity agenda in our Discord server. Everyone who joins The Oocca Club x Decentraland Event gets direct access to the mint portal. This free NFT claim period will be live until February 1, 2023 in this period you can join and claim your FREE NFTs as long as they're available ! The NFTs from the Oocca club artifacts collection will play a very important role once the main collection is launched! The Free NFT gift allows you to experiment with ‘’Extra’’ DNA once the cloning is activated, one of the utilities from the main Oocca club NFT collection. In total there will be 4,444 FREE NFTs from the Oocca club artifacts collection, and consists of 4 different artifacts with each a max supply of 1,111. All NFTS will be free to mint, but you’ll have to pay the gas fees. Minting is done on the Ethereum blockchain. Good luck, and See you tonight at 7PM UTC! https://events.decentraland.org/event/?id=de611d65-66ae-4185-8947-89cc2dc9b13a https://OoccaClub.com https://Discord.gg/OoccaClub https://Twitter.com/OoccaClub
CHarmOrigins
CHarmOrigins
Ethereum
What's Charm Origins? An art collection on each NFT block chain, has its own unique features, which has its own abilities and is part of the Charmverse world. our collection consists of 9639 unique NFT, which is easily recognizable. Values : We strongly believe that our community is a priority and the decisions and opinions of the community affect the collection, and you all mean a lot to us. Project transparency should be the main value of a brand, and this can only be achieved with good interaction between the project and the members of the group and all the informations are available to everyone. this data balance will make our goals more achievable so we will make the best decisions. Society : Communication is the most valuable part of Charm Origins team. In social networks, we communicate with you full time and try to improve your lifestyle. Charm Origins is not just a project but a lifestyle. We keep you informed about different events on different social platforms to connect more deeply and move towards the goal. To achieve this goal, we have consider rewards to encourage our members, and for the future, we also consider rewards and AirDrop for the owners of Charm Origins, that will be available to NFT Holders. Chaemverse : Charmverse is a three dimensional world, which combines several different cyberspace. It is a world that allows you to spend time, work, have fun, hang out and play there etc. You can go to Charmverse and start the adventure. We are looking for ways that we think can be utilized and effectively used by our members in this space. Marketing : Our marketing team has very special programs for you and we take them seriously. with the collaboration of celebrity ,influencers and big companies, We want to expand the Charm Origins brand and take it to the next Level. AirDrop : We intend to offer seasonal AirDrops for Charm Origins owners. At the beginning of each season, those who participate in our AirDrop and follow the steps to get AirDrop. In Discord, stay in touch with the team to get AirDrop and special gifts.
Crypto Crew
Crypto Crew
Polygon
The CRYPTO CREW is a set of 10,000 unique NFTs representing a group of 10 Superheroes that are here to save the crypto universe. Owning a CRYPTO CREW NFT gives membership in our DAO, access to an Engage-2-Earn protocol on our Discord, metaverse, merchandise, music, comic book, cartoon, Play-2-Earn game, giving to charities, and our unique NFTfi protocol that allows you to earn $CREW tokens. This is a 3M project (music, metaverse, merchandise) with a DAO, comic book, charitable giving, engage to earn protocol, and plans for a Play and Earn game and cartoon. A unique feature of the project is its blend of the fun and functionality of NFTs with the financial incentives of DeFi in a protocol they refer to as NFTfi. Each CRYPTO CREW NFT comes with a claim for 20,000 $CREW token, and the token is pegged to $MATIC.
UniKanthaka
UniKanthaka
Ethereum
UniKanthaka NFT collection dedicated to the memory of Kanthaka. He was a favourite horse of length eighteen cubits and was a royal servant of Prince Siddhartha, who later became Gautama Buddha. Siddhartha used Kanthaka in all major events described in Buddhist texts prior to his renunciation of the world. Following the departure of Siddhartha, Kanthaka died of a broken heart. FREE Public Mint is Live for first 2500 NFTs Later Mint price will be increased to 0.003ETH, 0.005ETH and 0.007ETH respectively for each batch of 2500NFTs UniKanthaka NFT collection, by KingFort NFT(&)ART. Generative UniKanthaka NFT collection. 10K NFTs generated with Rarity based layers, which are illustrated using ink and dip pen in collaboration between KingFort NFT(&)ART and Artist Praneet_(PS). Due to great respect for Traditional artists and deep love towards ink and pen artwork, KingFort NFT(&)ART provides benefits of blockchain to Traditional Artists and generative imagery to their ink and pen Artwork. KingFort NFT(&)ART shares 70% of revenue generated from nft collections with artists related to the collections and remaining 30% of revenue is used for the upliftment of needful traditional artists.
Egg Token
Egg Token
Ethereum
A laid back NFT community with high utility and long-term benefits. Holder perks: Access to weekly whitelist spot raffles for other amazing NFT projects. Access to holder-only channels, exclusive giveaways, the ability to post links and other Discord server benefits. All YouTube videos published by the Eggthusiasts will credit you, your project or company. Everyone who mints 10 or more Egg Tokens will receive one free Egg Token Air NFT. This will give you the Airdrop Holder role, access to exclusive giveaways, and earn you a spot above regular holders in YouTube credits. Owners of 20 or more Egg Tokens will have free access to the NFT Tips Discord Book - a Discord server containing hundreds of useful tips and tricks for creating your own NFT collection. One additional giveaway entry for every 10 Egg Tokens you own, up to 6 entries with 50 Egg Tokens. 1-9 = 1 entry. 10-19 = 2 entries. 20-29 = 3 entries. 30-39 = 4 entries. 40-49 = 5 entries. 50+ = 6 entries. Ether is just a number, Egg is eternal.
Cookie Genesis
Cookie Genesis
Polygon
The Cookie Genesis is a 60000 NFT collection that lives in the Polygon Blockchain. WIN UP TO 50000 MATIC IN PRIZES FOR MINTING!!! MINT PRICE: 1 MATIC Prizes will be awarded 48 hours after the NFTs are revealed. The Cookie Genesis is a 60000 NFT collection that lives in the Polygon Blockchain. WIN UP TO 50000 MATIC IN PRIZES FOR MINTING!!! MINT PRICE: 1 MATIC Prizes will be awarded 48 hours after the NFTs are revealed. The Cookie Genesis is a 60000 NFT collection that lives in the Polygon Blockchain. WIN UP TO 50000 MATIC IN PRIZES FOR MINTING!!! MINT PRICE: 1 MATIC Prizes will be awarded 48 hours after the NFTs are revealed. The Cookie Genesis is a 60000 NFT collection that lives in the Polygon Blockchain. WIN UP TO 50000 MATIC IN PRIZES FOR MINTING!!! MINT PRICE: 1 MATIC Prizes will be awarded 48 hours after the NFTs are revealed.
TravelHomies
TravelHomies
Solana
“Travel Homies” NFTs are a collection of 2222 unique, randomly generated utility NFTs living on the Solana blockchain. Almost Free! Travel Homies are community of travelers globe-trotting while looking for great deals around the world, Homies use the Earth as their personal playground, letting their instincts dictate their adventures. Hold a Travel Homies NFT to win a luxury, once-in-a-lifetime vacation to the BAHAMAS for up to 4 adults! and many othere raffels The percentage of royalties will be 7.5 %, 50% of royalties received will go to community Dao Wallet $travel will be an SPL Utility token airdropped to stake Homies NFTs, $Travel is to fuel the Homies ecosystem and its not an investment and has no economic Value OUR VISION IS TO INSPIRE & EMPOWER Be ready for the journey!!!!
Hurted Hogs
Hurted Hogs
Solana
Hurted Hogs is a uniquely built work of art fighting for its existence on the Solana blockchain. It is an innovation-based NFT collection that evolves to generate well-being for its holders through utility and innovation and derives benefit from Web3 infrastructure. Hogs have been experiencing massive ups and downs on Crypto Island since 2022. They were at the top of Bull Mountain, having fun and chilling without fear. They didn't know what was coming to hunt them. a giant bear monster with red eyes and an ugly mouth, eager to eat them all. The hogs tried very hard to defeat the monster, but they couldn't. Some hogs fell from the mountain, some were injured, and some were eaten by the monster. They didn't realise the monster's power until he destroyed some of the Crypto island's largest mountains. What will they do to survive on this island now that they are plagued by fear, uncertainty, and doubt? The answer is that they are building a community to stay stronger than they ever have with innovation and ideas. They're getting ready to climb that mountain again, hogs gonna survive no more pain.
Your Drink & Snack, Please!
Your Drink & Snack, Please! A collection with the most amazing and simple utility ever. You will taste it! MANIFESTO The world of NFT is changed. Magic is leaving the collections. Utilities are obscure, their release dates are constantly shifting forward, roadmaps are like walking in fog through Fangorn Forest. It doesn't matter to everyone what is drawn there - at best, this is a pass to the next secret society, or just a beautiful picture for an avatar. But it's not all that badass. YDSP! will be your light in the darkness! This collection will bring back that exciting feeling when you eagerly opened a gift box, that feeling when you put your hand into the bag for a wish, when you went to meet the unknown... Because you will have to taste it in this physical reality! You will taste what you get in NFT. You will receive your utility not in months or years, but immediately on the next weekend after minting. No locking, no staking, no bullshit. In all the bars of the world in one weekend! You just go to the nearest bar and taste your NFT, whatever fate has in store for you. Let's bring magic back to the NFT! Your ROADMAP 1. Mint NFT. Fate will determine the recipe for your drink and snack. 2. Go to bar. Wait for the weekend and go to your favorite bar. If you have all the ingredients, you can make it at home 3. Grab a drink & snack. Ask the bartender to prepare a drink & snack according to NFT. Taste it!
CaveMates Club
CaveMates Club
Ethereum
The CaveMates Club is an NFT pfp Collection of 10K generative characters with over 260 hand-drawn attributes, which are ready to travel through time and ready to live on Ethereum blockchain forever, Some CaveMates are considered SuperMates, they are fully hand-drawn and presented with exclusive 1/1 traits. One million years ago there was an advanced civilization lived on the earth called them self CaveMates, everyone in modern days thought they went extinct, but hopefully they were not, they found a way to travel through the time and live on Ethereum Blockchain forever. There are many different myth about how they survived, but what’s the true story behind it? No one knows yet, be with us we will reveal… Cavemates price: the price is vary, 1st phase is free to mint only for BoxHead Club owners - 2nd phase 0.04 ETH - 3rd Phase is 0.05 ETH - and the final Phase is 0.07 ETH
Dreadful Pumpkinz
Dreadful Pumpkinz
Ethereum
Shhhh … you may awaken the cursed Pumpkinz in the hunted house. There are rumors that these Pumpkinz wake up when Halloween begins and make themselves cute to find a owner at first but after couple of days they will bring misery or even take the life of their owner. Welcome to our Dreadful Pumpkinz website! Meet our collection of 1,111 Halloween Pumpkinz algorithmically generated of more than 200 hand-drawn tarits by Mohamad.A . ‍ As Minting goes on and each Pumpkin gets minted, the Rarity of the Pumpkinz becomes more epic. Each Pumpkin is truly one-of-a-kind, but some are super rare. Mohamad is a 19 years old Digital artist, Linux Developer and Founder of Dreadful Pumpkinz. Loves swimming and flying as a hobby. He makes funny pixel and digital arts in his free times; But he does design arts mostly for himself to be independant from others.

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Uncovering the Most Promising Upcoming NFTs

Uncovering the Most Promising Upcoming NFTs

The world of Non-Fungible Tokens (NFTs) is an ever-evolving landscape that is constantly introducing new projects and opportunities for investment. As the NFT market matures, it is essential for investors to stay ahead of the curve and uncover the most promising upcoming NFTs. In this blog post, we will explore the most promising upcoming NFTs, analyze the NFT market, evaluate the potential of upcoming NFTs, and provide a list of the most promising upcoming NFTs. We’ll also provide some tips for choosing an upcoming NFT and strategies for investing in them.


Introduction to NFTs

NFTs are digital tokens that represent unique digital assets and are stored on a blockchain. NFTs are unique in that they are not interchangeable and can represent anything from digital art and collectibles to virtual real estate and in-game items. NFTs are becoming increasingly popular as they offer a new way to own and trade digital assets in a secure, transparent, and immutable manner.

The NFT market is still in its early stages, but there is a growing number of projects launching and gaining traction. Investors are looking for the next big thing in the NFT space, and there are plenty of promising upcoming NFTs that could be the next big thing.


What are the Most Promising Upcoming NFTs?

The most promising upcoming NFTs are those that offer unique features and advantages over existing projects. These projects should also have a strong team and a clear roadmap for development and adoption. Additionally, they should offer easy-to-use interfaces and support a wide range of use cases.

In order to identify the most promising upcoming NFTs, we must first analyze the NFT market. By understanding the current trends and technologies, we can identify those projects that are best positioned to capitalize on the growing demand for NFTs.


Analyzing the NFT Market

The NFT market is still in its early stages, but there is a growing number of projects launching and gaining traction. To identify the most promising upcoming NFTs, we must first analyze the current NFT market. We can do this by looking at the types of projects that are launching, the technologies being used, and the current market trends.

The types of projects launching in the NFT space can be divided into two main categories: collectibles and utility tokens. Collectibles are digital assets that have real-world value and can be bought, sold, and traded. Utility tokens are digital assets that offer access to a service or platform.

The technologies being used to create NFTs are also evolving. This includes the use of blockchain technology to store and transfer tokens, as well as the use of smart contracts to facilitate the trading of NFTs. Additionally, the use of decentralized protocols such as IPFS and Ethereum is becoming increasingly popular.

Finally, the current market trends of the NFT space are worth noting. The most notable trend is the increasing demand for NFTs, which has caused a surge in the number of projects launching in the space. Additionally, the market is becoming increasingly competitive, as more projects are launching and attempting to capture market share.


NFT Market Trends

The NFT market is still in its early stages, but there are several trends that are emerging. One of the most notable trends is the increasing demand for NFTs, which is being driven by the growing popularity of digital art, collectibles, and gaming items. Additionally, the use of blockchain technology is becoming increasingly popular, as it allows for the secure and transparent transfer of digital assets.

Furthermore, the use of decentralized protocols such as IPFS and Ethereum is becoming increasingly popular. This allows for the creation of NFTs that are immutable, meaning they can’t be changed or destroyed. Additionally, the use of smart contracts is becoming increasingly popular, as they allow for the automated trading of NFTs.

Finally, the market is becoming increasingly competitive, as more projects are launching and attempting to capture market share. This is driving the development of new and innovative projects, as well as the rise of more established projects.


Evaluating the Potential of Upcoming NFTs

In order to identify the most promising upcoming NFTs, we must first evaluate the potential of each project. This can be done by analyzing the team behind the project, the technology being used, the use cases, and the potential for adoption.

The team behind the project is an important factor to consider when evaluating the potential of an upcoming NFT. A strong team should be comprised of experienced professionals with a track record of success, as well as a clear vision for the project. Additionally, the team should be able to attract the necessary funding and resources to make the project a success.

The technology being used is also important, as it must be secure, efficient, and scalable. Additionally, the use cases of the NFT should be clearly defined and the potential for adoption should be analyzed. This will help to determine if the project is worth investing in.


NFT List of the Most Promising Upcoming NFTs

Now that we’ve analyzed the NFT market and evaluated the potential of upcoming NFTs, we can create a list of the most promising upcoming NFTs. Here are some of the most promising upcoming NFTs:

  • Axie Infinity: Axie Infinity is a collectible gaming platform that allows players to collect, battle, and trade digital creatures. It is powered by Ethereum and uses non-fungible tokens (NFTs) to represent each creature.
  • Decentraland: Decentraland is a virtual world powered by Ethereum that allows users to create, experience, and monetize digital assets. It is powered by non-fungible tokens (NFTs) that represent virtual real estate and in-game items.
  • Enjin: Enjin is a gaming platform that allows users to create, manage, and trade digital assets. It is powered by Ethereum and uses non-fungible tokens (NFTs) to represent in-game items.
  • Immutable X: Immutable X is a decentralized platform that allows users to securely store, trade, and manage digital assets. It is powered by Ethereum and uses non-fungible tokens (NFTs) to represent digital assets.
  • OpenSea: OpenSea is a marketplace for buying, selling, and trading digital assets. It is powered by Ethereum and uses non-fungible tokens (NFTs) to represent digital assets.


Factors to Consider When Choosing an Upcoming NFT

When choosing an upcoming NFT, there are several factors to consider. The most important factor is the team behind the project, as a strong team should be comprised of experienced professionals with a track record of success. Additionally, the technology should be secure, efficient, and scalable, and the use cases should be clearly defined. Finally, the potential for adoption should be analyzed, as this will determine if the project is worth investing in.


Where to Buy Upcoming NFTs

Once you’ve identified the most promising upcoming NFTs, the next step is to purchase them. The most common way to buy upcoming NFTs is through decentralized exchanges such as Uniswap and Kyber Network. These exchanges allow users to purchase NFTs with Ethereum and other cryptocurrencies. Additionally, some projects may offer their own token sale or pre-sale.


Strategies for Investing in Upcoming NFTs

When investing in upcoming NFTs, it’s important to have a well-thought-out strategy. The most important factor is to diversify your portfolio, as this will help to minimize risk and maximize returns. Additionally, it’s important to do your research and evaluate the team, technology, use cases, and potential for adoption. Finally, it’s important to be patient and only invest what you can afford to lose.


Conclusion

The world of Non-Fungible Tokens (NFTs) is an ever-evolving landscape that is constantly introducing new projects and opportunities for investment. To stay ahead of the curve, it is essential for investors to identify the most promising upcoming NFTs. In this blog post, we’ve explored the most promising upcoming NFTs, analyzed the NFT market, evaluated the potential of upcoming NFTs, and provided a list of the most promising upcoming NFTs. We’ve also provided some tips for choosing an upcoming NFT and strategies for investing in them. By following these tips, investors can ensure that they are making informed decisions and investing in the best NFTs.

Jan 16, 2023
By Adam
What are NFT Royalties? Here's What You Need to Know

What are NFT Royalties? Here's What You Need to Know

Non-fungible token (NFT) royalties are an important part of the blockchain ecosystem. Many people don’t know what NFTs are or how they work, but that doesn’t change the fact that these tokens are a major force in the industry. In this article, we’ll look at NFTs, non-fungible token royalty systems, and why you should care about them.


How do NFT royalties work?

NFTs are digital assets that are unique and owned by individuals. The tokens can be used as trading cards, digital art, digital collectibles, and more. NFTs can be traded and exchanged on the blockchain, and they can have unique attributes attached to them. These attributes typically relate to ownership. For example, an artist can create a digital painting and then use a royalty to tie the ownership of the painting to a blockchain token. If someone then buys the digital painting, they also gain the right to own the token. This is how NFT royalties work because the token acts as proof of ownership for that specific painting. You can think of it as owning a share of the painting.


Why are NFT royalties important?

NFT royalties are important because they add value to blockchain ecosystems. Artists and creators can use them to tie their work to blockchain tokens. These tokens can then be traded and used in the marketplace. Not only does this add value to the blockchain ecosystem, but it also helps artists and creators get paid for their work. People can buy tokens that represent their ownership in works of art. This means that artists can get paid when their work is sold. It also means that people get to enjoy art and other digital goods while also receiving tokenized proof of ownership.


How will NFT royalty systems operate in the future?

Because NFTs are digital assets, they can be programmed with certain functions. This means that they can have unique attributes and functions that the owner can use and control. For example, artists can program their digital art tokens to self-destruct once they are sold. This would prevent the token from being sold more than once. Other royalty systems could be programmed to allow for partial ownership. This would be great for allowing investors to participate in an artist’s work without having full ownership of the art itself. There are many ways that NFT royalty systems could operate in the future. They could work to improve the efficiency of the art industry, and they could also be used to protect artists’ rights.


Why You Should Care About NFT Royalties

As we’ve seen, NFT royalties are an important part of the blockchain ecosystem. They can help artists and creators get paid for their work, and they can also be used to protect their rights. If you like art and want to support artists, then you should care about NFT royalties. It’s not just artists that can benefit from these types of tokens, though. Collectors can also enjoy owning unique tokens that represent their ownership to pieces of digital art. That’s why everyone should care about NFT royalties. If you like art at all, then you’ll like these tokens.


Final Words: What is the future of NFT Royalties?

The future of NFT royalties is looking bright. This is because the tokens can be used for more than just art. Artists can create digital goods like paintings, music, books, and other creative works and tie them to blockchain tokens. This will allow them to get paid for their work and to protect their rights. NFTs can also be used for more than just ownership. They can also be used for voting and for governance. These are just a few examples of what NFTs can do in the future. There are many other uses for these tokens, and we can’t wait to see what happens next.

Oct 19, 2022
By NFT-List
Top Tier Athletes And Their Involvement In NFT World

Top Tier Athletes And Their Involvement In NFT World

Many parents support the idea of their offspring becoming athletes and sports stars. When asking a child about their career aspirations, becoming a sports star would top the list. Though reaching the pinnacle is difficult, it is one of the best careers in the world. The attraction to sports is the players' financial gain and adulation. Anyone who reaches the top of any sport will become financially free. Furthermore, players from the most popular sports are celebrities on par with actors and famous businesspeople.

The vast sums involved in sports are due to the massive interest and demand from the general public. People love sports and are willing to pay enormous money to watch sporting events. Due to the fascination, businesses not involved with sports pay massive advertising fees to become associated with the sport. There are many sports, from golf, martial arts, cycling, and racket sports to track and field events. It is an endless list.

However, some sports have better earning potential than others. Sports such as soccer, football, basketball, golf, and tennis are some lucrative sporting activities. Anyone who reaches the pinnacle in these activities will easily earn millions of dollars. There are few sports stars whose fortunes run into billions. Earnings are not limited to the salary received from the clubs. Top sports stars can accumulate wealth through endorsements, sponsorship deals, and payments from their clubs. The massive earnings are due to the player's skill set combined with their popularity. A famous, well-loved star will command the highest salaries.

Investment Options For Sport Stars

Like all wealthy people, sports stars invest their income; they use their finance to buy more wealth. It makes zero sense for money to sit idle in bank accounts. Investments take all kinds of forms. From starting their own business, investing in other companies to involvement in financial markets are some of the popular forms of investments. Cryptocurrencies and their associated technologies have become mainstream in the last few years. The portfolio of many wealthy people, including sports stars, usually has some investment in this arena.

Investing In NFTs

Non Fungible Tokens (NFTs) are one way to invest in cryptocurrency technologies. This field has attracted many sports stars. Some famous sports stars who hold NFTs include Stephen Curry, Serena Williams, Shaquille O'Neal, and Neymar Jr. These are just a few of the hundreds of sports stars who have become involved with NFTs.

NFTs, with their cartoon art representation, appear fun and appeal to the younger generation. Given that the sports star demographic is of the lower age bracket, it makes perfect sense for these people to invest in NFTs. Owning NFTs can help market sports stars and their brands. Becoming associated with a popular NFT collection will increase the media coverage received. For example, if an athlete buys a blue-chip NFT such as the Board Ape Yacht Club, the news will be seen on all major outlets and social media channels. This is a win-win situation for both the project and the athlete.

The more an athlete is featured in the popular media, the more it enhances their prominence. It allows them to demand more outstanding salaries and endorsements. The involvement of top-tier athletes will help drive up the price of the NFT, a good situation for the NFT project. Additionally, NFTs are an investment opportunity. Though buying NFTs is highly speculative, there is an excellent chance that blue-chip projects will see a price rise. Top-tier NFT projects such as BAYC and Azuki continue to see a price increase.

NFTs can help well-known athletes connect with their fans. The trend is for athletes to buy NFTs from significant projects to date. There will be a more significant number of athletes who will release their own NFT collections. It offers the athlete a way to bond with fans in new and innovative ways.

Holders gain the opportunity to meet the star or receive merchandise. This helps to solidify the relationship; it will lead the fans to become even more interested in the athlete's brand and helps to foster a community of fans in ways never seen before. There is also a financial benefit for the fans. Owning the NFTs of a sports star, the fan can sell these assets. Previously the relationship has been a one-way street; the athlete benefited from fans without much reciprocity.

If the perceived value of the star is on the rise, the price of the NFT will increase. It offers the opportunity for the holder to sell their NFTs for a profit.  NFTs open up all manner of possibilities in the world of sports. Sporting clubs can sell NFTs, which will offer their fans the opportunity to gain merchandise, special ticket allocation, or vote on club governance. NFTs are relatively novel, but there is no doubt that this is a field that opens up opportunities never seen before in the world of sports.

 

Apr 9, 2022
Kate
The Importance Of The Founder In NFT Projects

The Importance Of The Founder In NFT Projects

People who've followed NFTs for some time are aware of these essential considerations when buying NFTs.  Many new members of the NFT community overlook this critical aspect.

Many newbies buy NFTs without much consideration. The usual pattern is for people to hear about NFTs, find the NFT community on Social Media platforms such as Twitter, and become part of the Discord servers of various projects.

A busy server and quality artwork ensure the newbie becomes involved in the community. It leads to the person minting the NFT on launch.

Following the mint, it's common to see the price of the NFT fall in value. After a few months, the founders neglect the project, and the holders find themselves with an NFT with little value.

Since this neglect has been the standard pattern seen throughout 2021, most NFTs on the secondary market are worth less than the price paid on launch.

There have been numerous cash grabs. The founders make six figures from the NFT project, but the investors have a losing asset.

The success stories in the NFT space have received praise. For example, the Bored Ape Yacht Club (BAYC) is admired throughout the NFT community, and any NFT stories in the mainstream media feature the BAYC regularly.

For every successful project, there are far more failures.


Mistakes Made By More Experienced NFT Buyers.

After spending time in the NFT community, people become aware of the requirements of a good project. They commonly look for the following characteristics:

Doxxed Team. The team mustn't be anonymous. Anonymous groups are more prone to carry out rug pulls (where the founders close the project after launch). Investors have no idea of the identity of the founders. As a result, the groups can quickly abandon the project and scam the investors.

Great Community. There must be a sizable community behind the NFT project. People look at Social Media and Discord profiles to gauge the size of the community. Without a community, there is no one to buy the NFTs.

Good Artwork. Essential to ensure the artwork is high quality and in line with the current trends. For example, there is a great deal of admiration for the artwork by Doodles and Invisible Friends NFT projects.

Utilities. Projects need more than artwork to become a success. The only exception is if the NFTs are from an established artist such as Beeple, Banksy, or another artist with a big following in the traditional art world.

Projects without a well-established artist need to provide utilities in the form of Play To Earn games, events, staking possibilities, and more.

People seeking these factors in projects are better positioned than newbies. But many projects satisfying these conditions still fail to succeed, especially in this current climate where the NFT space is experiencing a bear market.


The Importance Of The Founder

The most critical factor in a project is the founder. Many investors entertain projects because the founder is well known. They could be a celebrity or an industry leader.

Unfortunately, many of these projects flounder in the long term. Shortly after mint, there is a pump in price. But a few months after the launch, the value has become less than the mint price.

The founders are not highly active in the project; they make no effort to immerse themselves in the community.

It leads people to conclude (probably correctly) the founders are not interested in the project. The community loses faith, sells their NFTs, and projects end up in the backwaters of the secondary market.

A successful project is one where the founder engages with the community. They should be active before and after the launch. Making themselves involved in the conversations on Discord and Ask Me Anything (AMA) or Twitter Space shows a genuine interest in the project.

An example of a successful project is VeeFriends by Gary Vee. The founder is always available. He is constantly talking about his projects on Social Media and does not go missing in action.

 

Wrapping Up

The most important consideration for any NFT collection is the founder, motives, and project vision.

Unfortunately, the NFT world has seen many cash grabs. The devs and the founders fail to take much interest following the launch.

The reality is that unless the NFT collection is by a genuine, highly established artist, the project starts after the launch.

The easy part is the stage up to the launch; it's the segment where the founders are raising capital to realize a vision. Making their promises become a reality involves hard work.

To date, in the NFT space, many founders are fond of the idea of raising capital. But dislike the effort to complete the project and make the utilities and the roadmap a reality.

Many experienced investors in the NFT community understand the situation and no longer mint NFTs easily. This is a contrasting situation to 2021, where people readily bought NFTs.

Perhaps this explains the current bear trend in the NFT world; sales volumes are significantly lower than the record-breaking numbers a few months ago.

For the investor, the best approach is to take a great deal of interest in the founder. Presenting evidence of interest by the founder ensures confidence in the community.

The involvement of a famous name does not guarantee long-term success.

 

Mar 31, 2022
Bill