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Move2earn Hustlers Genesis NFT Giveaway
**Move2earn Hustlers Genesis NFT Giveaway** 🔥 777 Genesis NFT Airdrop including 8 epic and 59 rare 🔥 Move2earn Hustlers is a community of people improving their physical and mental health and earning crypto at the same time. We are releasing our Genesis NFTs, that will unlock many perks to our early fellow hustlers like yourself: **😲 become a part of our future DAO,** **😱 receive alpha information from move2earn startups early** There will only be 777 genesis NFTs, including 8 epic and 59 rare and the drop will be performed in several steps. Get your Genesis NFT for free and let's get more healthy and wealthy together! 🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️🏃‍♂️ 🏃 🏃‍♀️
The Lunartics
The Lunartics
Ethereum
Lunartics have their Moon Bags packed! Armed with tiny bodies and even tinier minds, Lunartics have been making desperate attempts to Moon It since 1969 when Neil Armstrong unwittingly ripped them away from their home. Created by FOX Animation legend Julius Preite (Simpsons, Family Guy) and notorious Writer/Producer Dan E. Fesman (King of Queens, NCIS). Each season will launch a new series of animated videos of the Lunartics’ most futile and embarrassing missions to the moon over the past 50 years. Lunartics holders will be able to vote on upcoming missions, and even have a voice in the shape of the series! And, if they’re lucky, see their character pop up in a future episode. Go behind the scenes with two industry insiders, rub shoulders with an exclusive community of creators and animators, and be a part of the next big bang when blockchain technology converges with the world of entertainment! Ξ0.08 per NFT + gas. There is no change in mint price between whitelisted and public mint.
Bandwagon NFTs: Mint 0.1
Bandwagon NFTs are NFTs that use the ownership authentication technology of NFTs. We are creating collections for major sporting events that include, but are not limited to, baseball, basketball, hockey, american football, soccer/football, golf, etc. Each sports future bet is a collection. I.e. World Series Champion, Stanley Cup Champion, The Masters, The PGA Championship, etc. Mint 0.1 is 660 NFTs that align with the 2022 PGA Championship. Players with the highest rank from a snapshot on 4/10/22 have the move number of NFTs within the collection. If you hold an NFT of the winning player, you split the pot with holders of that NFT. There are also 7 INSTANT WIN NFTs that pay out 10x immediately following the mint. SUPPLY: 660 NFTs PRICE: 0.123 SOL INSTANT WIN PAYOUT: 1.23 SOL Payouts for player NFTs range from 2.073 SOL (Rahm) to 10.78 SOL (The Field).
Rising Baseball Stars’ NFT Presale is Going Live
Rising Baseball Stars, a digitized baseball trading card pioneer, will launch April 24th, 2022. The company’s mission is to create baseball trading cards in the form of utility-focused NFTs on the Ethereum Blockchain. To create this new fan connection, Rising Baseball Stars has partnered with the sports industry’s promising amateur baseball players to mint their personalized, virtual baseball cards as NFTs. The company’s membership offerings, to also be made available as NFTs, will enable investors to customize and enhance a host of collectible opportunities. “We’re developing a baseball trading card ecosystem like no other,” Jared Gruccio, Rising Baseball Stars Co-Founder and Chief Executive Officer said about his company. Gruccio explained that the first step in establishing this ecosystem will be the release of membership NFTs. “Rising Baseball Stars is excited to be releasing three tiers of memberships, each with increasing priority status, exclusive benefits and valued opportunities to those who hold them,” he explained. With increasing levels of exclusivity, the three tiers offered by Rising Baseball Stars include: MVP, Hall of Fame, and Triple Crown. Ken Pustizzi Jr., Co-founder and Executive Vice President for RBS explained, “In addition, each of our membership tiers offer real-world utility by way of prizes and experiences as well as governance rights within the RBS Ecosystem.” “The investment experience we offer, for the experienced digital investor and/or baseball enthusiast,” Gruccio said, “promises to be unprecedented and affordable.” “However, the most valuable of the membership perks for RBS members will be their exclusive access to purchase new player NFTs,” Gruccio asserted, “ RBS members will be able to mint any given Rising Baseball Star Player Card before the general public and even buy the most coveted new player cards or NFTs at a 25% discount. Plus, they get to purchase the NFTs three days in advance of a full RBS launch.” The company’s founders touted the interactive governance offered by Rising Baseball Stars NFT to its members that allows membership holders to dictate the direction of the RBS platform. “Our members will be able to nominate the player candidates they most want to be added to the platform and eventually vote on whose baseball card NFTs should be minted,” Gruccio explained. Membership benefits outside of the digital world, according to Pustizzi, include quarterly raffles where members will be eligible for bonus awards such as signed baseball memorabilia, suite game tickets and field passes including those for the World Series - All-Star games. The company will be releasing three memberships on the Ethereum Blockchain, all with limited minting volumes and costs. “For example,” Pustizzi explained, “Our Triple Crown membership targets investors who want to guarantee their ability to buy the newest, most coveted player NFTs at the best possible price. While our MVP membership will be perfect for fans more interested in the opportunity to nominate amateur players to be added to our ecosystem.” Limited Rising Baseball Stars membership NFTs will be available for purchase during a scheduled April 24 presale and the Public Launch within two weeks of that date. “While reserves may be held for future brand development, once all initial memberships are sold out, the only way to buy an RBS membership will be on the secondary market,” Pustizzi added. Memberships will be offered at varied price points ranging from .1 to 2 in Ethereum. “These limited memberships offer a multitude of investment opportunities that appeal to the most serious members of the global baseball fan base as well as to those with a casual interest in baseball collectibles,” Pustizzi explained. For more information, visit risingbaseballstarsnft.com, join RBS on Discord or follow Rising Baseball Stars on Twitter @RBstarsNFT, Instagram @risingbaseballstarsnft, and YouTube.
DOGWALD
DOGWALD
Solana
We are glad to introduce you the NFT collection which was inspired by our dog Oswald Lee. It represents 300 types of real emotions and poses from the life of a Scotch terrier on the Solana blockchain. We have collected them throughout the life of our puppy, and we will be happy to give you a part of this huge universe. ROADMAP Phase one- •Creation of a collection of 300 Dogwald on the Solana Blockchain☑️ •Secondary market Approval (Magic Eden, Solsea)☑️ •Launch Website☑️ •Mint •Maintaining the price onthe secondary market and holding promotions for the distribution of Sol from the percentage of Royalties in our official Twitter. •Starting an NFT game development. Phase two- •Distribute the time period for the following collections to maintain balance and price. •Release of 10 new Dogwald and friends collections for a total of 3000 NFTs. •Creation of game where purchased NFTs will be used. •Creation of the Onyx token as a game currency. •Game launch •Creating and launching the Dogwald 3D NFT collection.
Holdem Heroes
Holdem Heroes
Ethereum
What is Holdem Heroes? Holdem Heroes is an on-chain poker game played with NFTs. So Holdem Heroes is both the NFT Collection of 1326 unique poker hole card combinations, and the game of on-chain Texas Hold’em played with those NFTs. The game is built, tested, and ready. Poker2Earn! Here’s the deal as we prepare to go all-in on launch… UNRUGGABLE: 100% on-chain “unruggable” poker card NFTs DYNAMIC PRICING: NFT sale with dynamic pricing with Dynamic Drops RANDOM MINTING: Minting cards is actually random with VOR (unlike 99% of so-called “generative” drops) AIRDROP: Minting on Ethereum + Airdrop onto Polygon OPEN SOURCE: Open-source card & poker contracts for more games OBJECTIVE VALUE: Not “art”. Instead: 0 % subjective value, 100 % objective value utility NFTs RANDOM: 100% on-chain verifiably random poker games with VOR NO WHITELIST: Whitelists are cheap gimmicks to fake scarcity by projects with thousands of animal cartoons. Holdem Heroes has real scarcity: exactly 1326 unique hole card combinations. ROADMAP: More games, more chains, & DAO ownership
Power Shakers
Power Shakers
Ethereum
🏋️ Get paid to workout 📈 Become a successful investor with NFT 💎 Be a valuable collector Power Shakers (PS) NFT Community has limited number of members, only 10 000 🫂 If you're lucky enough you can became a member on Pre-Sale Day 16.04.2022 🗓 Available Only 1 000 LIMITED WhiteList Spots 🎫 With PS NFT you not only have an unique work of art, with 100% intellectual property rights. You also have a lot of other advantages coming with 👇 One of the most valuable and unique benefit is that you can earn passive income while workout daily. Our members will have access to a private application who will calculate and distribute real Power Powder Tokens to all our members involved in sport training of any kind 💰 You can also use your NFT as ‘ticket’ to enter private workouts with famous athletes, bonus workout plans/routines/challenges/diets 🏋️‍♀️ This is more than a community, we are friends who share experiences/help and opportunities to gain power for new levels 💪 As community grows, possibilities are growing with it. More donations, more merchandise and supplements are going to be launched 🚀
Chillin' Ape Surf Club
2500 Chillin' Apes surfing the chain on high tides and good vibes. Our mission is to bring the surfing philosophy to the nft space. We are creating a strong and lasting community around a few simple values: Sports, good habits, love for the beach, ocean, nature and, ofc, good vibes. 🤙 🏄🏻‍♀️ ROADMAP 2022 🏄‍♂️ ... 🎁 Phase 1: ETH Giveaways 5 ETH Raffles Ξ We will raffle 2 ETH before main collection reveal among all holders. Ξ We will raffle 1 ETH before modality collections reveals among all collection holders. (Including main collection holders). -- 🪂 Phase 2: Chillin' Apes Giveaways 20 NFTs Giveaways We will airdrop 5 chillin' apes between random holders just after the reveal of every collection. -- 🏄‍♂️ Phase 3: Donations We will donate 10 ETH to Surfrider Foundation 💙 (2.5 ETH after each collection sold out) Our common objective is to protect and preserve hundreds of miles of coasts, reduce the impact of plastics in marine environments and ocean protection. 🐬 https://www.surfrider.org/ -- ❤️ Phase 4: Charity Auctions 8 unique 1/1 Chillin' Apes will be created exclusively for some of our partners and sold in auctions. 100% of the profits will be donated to charities selected by them! - Main Collection: 1 . Josh Ong: Pancreatic Cancer Action Network https://www.pancan.org/ 2. Josh Horton: Alzheimer's Association https://www.alz.org/ - Modality Collections: 3-8: TBA -- 🏝️ Phase 5: Metaverse Chillin' Apes jump to the Metaverse! 🗺️ 🎉 We will purchase an exclusive land for the community and will replicate our awesome 🏝|lore island. We'll have parties for holders with DJ's, fun games, giveaways and a lot of surprises. 🎧 -- 👕 Phase 6: Merchandising The Chillin' Ape Surf Club merch store will open its doors to all verified apes. A discount code will be sent to every holder at the opening day. -- 🛍️ Phase 7: Marketplace We will provide an exclusive platform for holders where they can buy and sell any stuff related with the project fundamentals to other club members in a secure and reliable place. 🤝 -- 🌴 Phase 8: Main Events Chillin' Ape Surf Club will periodically reinvest a part of the profits in exclusive parties and events for holders. Our intention is to create a strong and lasting community that everyone will be proud to belong to. -- 🏖️ Phase 9: Local Events The entire Chillin’ Ape Surf Club community will be split into divisions with members who live near each other. Each division will have the power to organize IRL meetings financially supported by the club treasury. 💎 Surfing, diving, hiking, having a nice lunch or dinner with other club members or just chillin' at the beach with a couple of mojitos. How awesome could that be? 🍹🍹 -- 💀 Phase 10: CURSED AZTEC GOLD 🪙 "So there is a curse. That's interesting..." 👀 🏴‍☠️ -- Extra: 🐰 Easter eggs Some surprises will be hidden inside some of the chillin' ape surf club NFTs traits. Stay tuned! Extra: 📸 Snapshots Snapshots will be taken at anytime without prior notice. Holders with 5 or more unlisted chillin apes will receive very special presents. 🎁
DIMENXION; DECENTRALIZED METAVERSE ENABLED ENDLESS
Dimenxion.io is an integrated P2E metaverse where users can create unique digital world, interact with like-minded people and broaden their perspectives Our decentralized metaverse enabled endless possibilities. This is topped off with addictive quizzes enabled by our agile gaming capabilities! Users can govern through the DAO, build and own land, set their own rules, operate within escape rooms, battle royale and make money by curating innovative gaming experiences for others. Dimenxion.io is reinforced by the Solana network, which is the first of many to come! We’re community-oriented and eager to increase diverse opportunities, which is why you can expect other networks to be integrated soon.
CryptoPunks Portraits
CryptoPunks Portraits
Polygon
Our beautiful collection of 1111 hand drawn NFTs is a 3D version of the famous CryptoPunks. With the exact attributes. Each one being unique. All CryptoPunks got very specific attributes and we translated them in all our CryptoPunks Portraits. If you are a Punk owner or a Punk knower, this might be some fun for you. Adding to that we developed our own Play to Earn Game “Dragon Hunt”. Within this Dragon Hunt you can gain some Tokens. We pay the gas fees. You simply enjoy the ride with us. Our Avatar Token is getting listed with staking options for passive income starting right after minting! No coincidence our Token is called Avatar: We are building our own Clubhouse for Decentraland. Holders of our NFTs will get the chance to mint their own CryptoPunks Avatar in a follow up project. We have been building up this project over the past six month and now we are ready to moon. You wanna join the ride? Join our Discord now!
Jacked Rabbit Gym Club
Jacked Rabbit Gym Club is a tight-knit community based around health and fitness! We will be releasing a collection of 2200 “Jacked Rabbits Gym Membership Cards” on the Solana blockchain. There are four rarity tiers: Bronze, Silver, Gold, and Diamond. All cardholders will receive merch drops every 6 months and will all have the ability to stake your cards to earn you $Jacked tokens! Additionally, you will get exclusive access to our privately developed fitness app which will track your workouts and reward you with $Jacked token! The token will have a multitude of different utilities within our app (more on this to come!). Our owner, dev team, and community managers are fully doxed and are striving the be the first and most successful fitness NFT on the market! We plan on creating a long-lasting fun community devoted to fitness, motivation, and health! Come check out the discord and join the community! https://discord.gg/KwfwS9Njg7
321 football legends
321 football legends
Ethereum
321 Football legends is a pixel-collection, composed of the top 321 players of all time from 72 countries. This unique collection is classified in 3 groups (or class); top ten, fifa 100 and classic. Stay with us, we will have a surprise for you until the Qatar 2022 World Cup..
Wave Surfers Club
Wave Surfers Club
Other
Hop on the waves with the hottest NFT collection of 2022: Wave Surfers Club! The uber-sick limited collection is made of 111 male and 111 female surfers; limited to 222 art pieces only. Inspired by the beautiful Bangko-Bangko beach in Lombok - Indonesia, Wave Surfers Club is the only pixel surf art collection on Secret Network. A surfing heaven showcasing the best pipeline in the world, Bangko Bangko is a must stop if you are into surfing. However, Wave Surfers Club NFT collection is much more than just great waves for surfers. We have built our community based on trust, privacy and value. Holders of the Wave Surfers Club NFTs will have access to more than they would ever imagine including staking rewards, access to special events and suprise NFTdrops. Remember; there is no one right way to ride a wave! Owning one of the Wave Surfers Club NFTs may be the best ride of your life. May the water element bring you a surfers best life…
NBA TOP SHOT ALL-STAR STANDARD PACK (RELEASE 4)
  • NBA All-Star Standard Packs drop Thursday, March 10th at 12pm PST
  • Featuring sets and Moments across all rarity tiers, including new Moments from the 2022 All-Star Game and the second release of Fresh Threads
  • 29,400 packs for sale at $19 each
  • 1 General Queue with purchase limits per transaction based on Collector Score
  • Every pack includes 4 Moments. 3 guaranteed to be Series 3 Base Set with the 4th Moment being from the Common, Common LE, Rare, or Legendary tier

What's In The Pack:

  • Pack Contents coming soon
  • Common:
  • Series 3 Base Set Moments with Edition Sizes ranging from 4,000 to 60,000+
  • Fresh Threads Set, featuring players debuting with their new teams for the first time on Top Shot, including Caris LeVert, Cam Reddish and Domantas Sabonis. Each Fresh Threads Moment is minted to a #/11,111 Edition Size
  • Rare:
  • 2022 NBA All-Star Game, including a windmill dunk from Joel Embiid, lefty alley-oop from Devin Booker, and other unreal highlights from Jayson Tatum, LaMelo Ball and Darius Garland, for starters. Each Rare Moment is minted to a #/2022 Edition Size
  • Legendary:
  • Our flagship Legendary set, Holo Icon, includes some of the most incredible Moments from the 2021-22 season, with each Moment limited to just 99 that will ever be produced.

NBA All-Star Standard Pack Facts:

Packs: 29,400 for sale

Price: $19

Number of Moments per pack: 4

Edition Sizes of Moments in packs: Three guaranteed Base Set Moments with variable 4,000-60,000 CC+ editions and one Moment from the four possible sets:

  • #/99 LE Holo Icon
  • #/2,022 LE 2022 All-Star Game
  • #/11,111 LE for Fresh Threads
  • #/4,000-60,000 for Base Set Series 3

Number of Queues: 1

  • General Queue:
  • Time:12pm PST
  • Collector Score Requirement: 0
  • Including Drop Bonus of 1 point/$1 spent on Moments currently owned + 100 point Favorite Team Bonus
  • Purchase limits:
  • 0 Collector Score: 2 packs
  • 1,000+ Collector Score: 3 Packs
  • 3,000+ Collector Score: 4 Packs
  • 5,000+ Collector Score: 5 Packs
  • Number of Packs for Sale: 29,400
  • You are limited on the amount of packs you can purchase per transaction based on Drop Score. You can have multiple transactions as long as supplies lasts.

Airdrops: Snapshot was taken at 9am PST on March 1st, 2022.

  • 1 pack for every complete set of:
  • Base Set (Series 1)
  • Base Set (Series 2)
  • Base Set (Series 3)
  • Fresh Threads (Series 3)

NBA TOP SHOT ALL-STAR ELITE PACK (RELEASE 4)
  • NBA All-Star Elite Packs drop Wednesday, March 9th at 12pm PST
  • Featuring sets and Moments across all rarity tiers, including new Moments from the 2022 All-Star Game and the second release of Fresh Threads
  • 20,580 packs for sale at $49 each
  • 1 General Queue with purchase limits per transaction based on Collector Score
  • Every pack includes 5 Moments. 4 guaranteed to be Series 3 Base Set with the 5th Moment being from the Common LE, Rare, or Legendary tier

What's In The Pack:

  • Pack Contents Coming Soon
  • Common:
  • Series 3 Base Set Moments with Edition Sizes ranging from 4,000 to 60,000+
  • Fresh Threads Set, featuring players debuting with their new teams for the first time on Top Shot, including Caris LeVert, Cam Reddish and Domantas Sabonis. Each Fresh Threads Moment is minted to a #/11,111 Edition Size
  • Rare:
  • 2022 NBA All-Star Game, including a windmill dunk from Joel Embiid, lefty alley-oop from Devin Booker, and other unreal highlights from Jayson Tatum, LaMelo Ball and Darius Garland, for starters. Each Rare Moment is minted to a #/2022 Edition Size
  • Legendary:
  • Our flagship Legendary set, Holo Icon, includes some of the most incredible Moments from the 2021-22 season, with each Moment limited to just 99 that will ever be produced.

NBA All-Star Elite Pack Facts:

Packs: 20,580

Price: $49

Number of Moments per pack: 5

Edition Sizes of Moments in packs: Four guaranteed Base Set Moments with variable 4,000-60,000 CC+ editions and one Moment from the three possible sets:

  • #/99 for Holo Icon
  • #/2,022 LE for 2022 All-Star Game
  • #/11,111 LE for Fresh Threads

Number of Queues: 1

  • General Queue:
  • Time: 12pm PST
  • Collector Score Requirement: 7,500
  • Including drop bonus of 1 point/$1 spent on Moments currently owned + 100 point Favorite Team Bonus
  • Purchase limits:
  • 7,500+ Collector Score: 1 pack
  • 20,000+ Collector Score: 2 Packs
  • 50,000+ Collector Score: 3 Packs
  • 100,000+ Collector Score: 4 packs
  • Number of Packs for Sale: 20,580
  • You are limited on the amount of packs you can purchase per transaction based on Drop Score. You can have multiple transactions as long as supplies lasts.

Airdrops: Snapshot was taken at 9am PST on March 1st , 2022.

  • 3 packs for every complete set of:
  • Holo MMXX (Series 1)
  • Holo Icon (Series 2)
  • Holo Icon (Series 3)
  • 2021 All-Star Game (Series 2)
  • Rising Stars (Series 2)
  • 1 pack for every complete set of:
  • Seeing Stars (Series 2)

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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
Common NFT Scams: Identified

Common NFT Scams: Identified

Scams exist in many areas of life, defined as fraudulently obtaining money or goods from unsuspecting victims. 

The Internet is hugely beneficial for society and helps improve many people's lives. But it has led to criminals using it to defraud people—from phishing and fake shopping websites to dating scams. 

Cryptocurrencies use the Internet and are not exempt from scams. The anonymous nature of cryptocurrencies has made things easier for fraudsters. 

NFTs are an extension of cryptocurrencies and are an arena with frauds targeting newbies and the uninformed. Since this is a relatively new technology, most people have likely been victims of one form of scam or another.

What are some of the common NFT scams?

Rug Pulls

After a project launch, the founders exit the project with investors' funds. The founders close the assets associated with the project, such as the Discord server and Twitter account, and leave the scene. With the founders no longer involved and little trace of the project, the price of the NFTs decreases until it becomes worthless. The investors possess nothing more than NFT JPG images on the blockchain. 

The NFT space has been rife with these scams throughout 2021. As people become aware, these deceptions are becoming less common.

Anonymous founders carry out rug pulls; people have no idea of the real identity. Given the anonymity and lack of traceability with crypto wallets, it's a straightforward scam to perpetuate.

Cash Grabs 

This is rife in the NFT space. The founders of the project promise various developments for the project. 

After the launch, they fail to implement these promises. Over time, the value of the NFTs decreases, and the investors are left holding the bag. 

Nearly every NFT investor has been a victim of such activities. Such schemes are also known as a slow rug; the founders leave the project slowly. 

These schemes are difficult to classify as a fraud; the founders are in a position to kick their promises into the long grass. And many often come up with all manner of excuses why developments fail to progress. 

Pump And Dump 

This is where an individual or a group of people team up to buy large quantities of the cheapest NFTs in the collection (buying the floor price). 

They drive up the collection price, also known as "sweeping the floor" or "wash trading." After a significant price increase, the NFTs are sold for a profit, and the culprits exit the market. The value of the NFTs decreases, people are left with NFTs worth less than the price paid. 

The project founders are known to engage in such practices to drive up the price of their collection.

Project Impersonation

Fraudsters try to mimic real projects by creating websites and social media profiles with a similar appearance to the actual project. 

They aim to lure unsuspecting victims to a website and mint fake NFTs. The victim connects their wallet to mint an NFT, which turns out to be an empty file. 

Victims are targeted through direct messages or posting links in the comment section of Social Media platforms.

The problem has become rampant: fraudsters routinely hijack the real Discord server of a project, disabling the power of admins and moderators and placing links to direct members to a fake minting website. 

Customer Support Scams

This is a problem commonly seen on Discord and Telegram. Scammers contact through direct messages offering to help people mint NFTs or provide bonus airdrops.

As a customer service representative, the scammer tries to obtain wallet details such as passwords and the seed phrase. Using the information, fraudsters drain the funds from the wallet.

The problem is that NFT projects warn members not to engage in direct message conversations. Official members of staff have ceased contact with members directly through direct messages. 

Experienced people will not fall victim to such scams; newbies are the intended targets. 

Intellectual Property Theft And Fake Collections

There are projects known to take the artwork from talented artists and use it for their collection. Without agreements in place, this is a form of theft.

Projects using artwork from an artist without permission are a theme in the NFT community. 

On discovery, the reputation falls, and the value of the NFTs decline in price; it becomes a loss-making investment.

Some individuals take artwork from upcoming projects, load it to marketplaces such as Open Sea and aim to impersonate the actual project.

Buyers of these NFTs become victims of a scam.

Conclusion

Scams are common because the NFT market is new, with many new people entering the space. It allows fraudsters to exploit inexperience and vulnerabilities.

The best approach for a newbie is spending time in the NFT community, networking with others on platforms such as Discord, and becoming fully aware of the technology before major investment sprees.

Mar 24, 2022
Kate
Yuga Labs & Bored Ape Yacht Club (BAYC) Launch ApeCoin Tokens

Yuga Labs & Bored Ape Yacht Club (BAYC) Launch ApeCoin Tokens

Bored Ape Yacht Club (BAYC) is the most iconic NFT collection; it's set the standard for others to follow. The nearest rival CryptoPunks, based on nothing more than artwork, was taken over by BAYC's creators, Yuga Labs, in March 2022. This acquisition has created the biggest juggernaut in the NFT world; no other project comes close in size.

BAYC 's success depends on its ability to evolve, pivot, and provide value to its holders. While many projects offer artwork and no more, BAYC has significantly contributed to the NFT world. They airdropped NFTs from other projects (such as Bored Ape Mutant Club and Bored Ape Kennel Club) to BAYC NFT owners, provided in-person events, and developed online games for its members. Yuga Labs allows the holders to use the NFT they own to create and sell merchandise.

 What is ApeCoin?

As part of this ability to grow, in March, Yuga Labs collaborated with the collective named ApeCoin DAO to drop ApeCoin ($APE) token.

ApeCoin acts as a digital currency in the same way as many other cryptocurrencies. People will be able to spend ApeCoins on upcoming products and services BAYC will offer, including the Play To Earn game launching in 2022. The hope is that ApeCoin may evolve beyond the BAYC ecosystem in the future.

There is a difference between Apecoin and cryptocurrencies such as Bitcoin, Ethereum, and Solana. Bitcoin, Ethereum, and Solana are native coins derived from their perspective blockchain. Apecoin does not have its blockchain and resides on the Ethereum mainnet; it's considered a token rather than a coin.

ApeCoins are not too dissimilar to Axie Infinity Shards (AXS), the native governance token of the Axie Infinity network. Axie Infinity players can buy, sell and trade using Axie Infinity Shards.


Distribution

A total of 1 billion ApeCoins were available; the allocation was as follows:

15% to the holders of Bored Ape Yacht Club and Bored Ape Mutant Club holders,

15% to Yuga Labs,

14% to the partners that helped launch the tokens,

8% to Yuga Labs founders,

1% to charitable events,

47% to ApeCoin DAO

ApeCoin DAO

ApeCoin DAO is part of the Ape Foundation, the governance behind the token. They have the power to manage the everyday running, project management, and bookkeeping of the token system. Holders of the ApeCoins and the DAO can dictate the ecosystem's future, thus making ApeCoin a decentralized system.

 ApeCoin DAO consists of leaders from the Social Media, gaming, and crypto space. These people include Alexis Ohanian (from Reddit), Amy Wu (from FTX), Dean Steinbeck (from Horizen Labs), Maaria Bajwa (from Sound Ventures), and Yat Siu (from Animoca Brands).

The BAYC project and Yuga Labs are separate entities from the ApeCoin DAO. If BAYC and Yuga Labs were closely connected, the project would come under the scrutiny of The Securities and Exchange Council of the United States. The Securities and Exchange Council is the government organization responsible for regulating Securities and protecting investors. To date, the organization has not focussed on NFT projects.

Launch 

On launch, the price of ApeCoins started at almost $40 per token. During the day, the token fell to around $6 as people who received free tokens sold their share. A few days into the launch, the price of the ApeCoin sits at around $11. The vast market cap size has meant that ApeCoin is in the top 50 of all cryptocurrencies.

The token was available on all major exchanges such as Coinbase, Binance, KuCoin, and FTX. It's unusual for new tokens to be widely known, but the popularity of the BAYC meant exchanges readily accepted ApeCoin onto their platform.

Original holders of BAYC NFTs were given 10,094 tokens for each NFT they held. This translates to nearly $400k at the price height and $60k near the bottom.

ApeCoins show that the Bored Ape Yacht Club project continually provides the holders with utilities. These utilities translate into social and financial gain. Unfortunately, the NFT space is riddled with scams and rug pulls. But Yuga Labs have set the blueprint for what makes a fantastic NFT project, an aspiration for other projects to follow.

No one can predict the price movement of digital currencies; there are no guarantees of price increases. The ecosystem created by Yuga Labs is continually expanding rapidly; it's probably a good bet to suggest ApeCoins are potentially a significant investment.

As always, do your own research before investing.

 

 

 

 

Mar 23, 2022
Dave