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Noble Bonks
Noble Bonks
Solana
Throughout human history, it has been those who seize opportunities that rise to the top as the nobles and aristocrats of their communities. This holds true in today's digital age as well, as the world of Web3 presents opportunities for true enthusiasts to seize their destiny and become the elite of their online communities. And that's why we introduce to you our latest project: Noble Bonks NFT. At Noble Bonks, we are dedicated to creating a community that is truly invested in the success of its members. By joining our community, you will not only have access to exclusive opportunities, but you will also be able to earn passive income through our luxury jewelry store. Each purchase made in our store will result in 60% of the profits going directly to our community, with the remaining 40% being used for marketing, growth, and payments for our dedicated team members. This is your chance to join an exclusive Alpha community and take advantage of the benefits of staking, Sol/Bonk DAO, and much more. We understand that the world of Web3 is constantly evolving, and that's why we will continue to develop unique plans and opportunities with the help of our community and DAO to ensure that our nobles are always at the forefront of innovation. By becoming a member of Noble Bonks, you are making a lifelong investment in your future as a true aristocrat of Web3. Don't miss out on this opportunity to elevate your status and join the elite ranks of Noble Bonks.
Co-own Coinage with new NFT
Caucus membership pass gets you: Watch Coinage ad-free Get early access to content and experiences Access member-only Discord channels Collaborate on show segments Weigh in on new Coinage experiments Availability into the Coinage Co-op where you can legally co-own the show Coinage. Coinage is the first community-owned show answering crypto's biggest questions — and we're bringing together some of the most influential rivals in the space to help us do it. Coinage launched its first season on its website, which is token-gated, where only the community can access the show and bonus content early. With this NFT you can not only access the show via the token-gated website, and you can enter their legally registered co-operative and become a co-own of the show. Coinage has members such as John Wu, Megan Kaspar, the co-founder of Netflix, and many more.
Evil Kongs
Evil Kongs
Ethereum
Evil Kongs is an NFT collection that conveys the values of strength, courage, bravery, passion and creativity to a worldwide audience. Created by a team of NFT digital artists and collectors and to bring something unique and original to the NFT community. The original collection consists of 10,000 2D wicked artworks ready to be flown to the Ethereum blockchain as ERC-721A tokens. Each artwork is unique and designed with various combinations of a wide variety of esoteric traits among others. Evil Kongs is building a staking DDAP within the blockchain that is accompanied by rewards for the Evil Kongs collection that will grow and evolve along with the project itself. Community is everything to us and we will constantly strive to build a very engaged, inclusive and supportive community. Ownership includes all commercial and creative rights to Evil Kongs, as well as access to our upcoming collections, exclusive merchandise, community events and much more.
Custodios
Custodios
Solana
Custodios is a collector's project, Our goal is to create an exclusive auction house where items will be issued in the form of a token, each of the items at the auction will have a real reflection and can be picked up from our head-quarters after showing the actual nft in his wallet, we will also be launching a collections of well-known artists from outside web 3 so that theirworks can also be appreciated by the crypto community our holders will have a lot of free mints and huge discounts when buying items. Overall you can Imagine NFT market place with real items.
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.
Evil Kongs
Evil Kongs
Ethereum
Evil Kongs is an NFT collection that conveys the values of strength, courage, bravery, passion and creativity to a worldwide audience. Created by a team of NFT digital artists and collectors and to bring something unique and original to the NFT community. The original collection consists of 10,000 2D wicked artworks ready to be flown to the Ethereum blockchain as ERC-721A tokens. Each artwork is unique and designed with various combinations of a wide variety of esoteric traits among others. Evil Kongs is building a staking DDAP within the blockchain that is accompanied by rewards for the Evil Kongs collection that will grow and evolve along with the project itself. Community is everything to us and we will constantly strive to build a very engaged, inclusive and supportive community. Ownership includes all commercial and creative rights to Evil Kongs, as well as access to our upcoming collections, exclusive merchandise, community events and much more.
Shatterpoint Founders Heroes
Collect a unique playable Founder hero avatar from a world in the Shatterpoint universe and become the first to conquer the Free-to-Play action RPG mobile game. Brought to you by Estoty - a leading European game studio with over 1.5bn game downloads. Shatterpoint Founder Heroes are each coming from a world in the Shatterpoint universe with their own unique looks, traits and playstyles. Holders of the Founder Heroes will receive epic benefits that include, but are not limited to: Future airdrops - Holders will automatically whitelist for future mints and be the first to receive airdrops. Dynamic Heroes - These NFTs are dynamic and will evolve in mysterious ways over time. Make sure to follow Shatterpoint on social for clues to help unlock these secrets! Early access - Enjoy the earliest possible access to the game with guaranteed places on the Closed Alpha, Open Beta, and other playable tests. Rarity Boost - Founder Heroes will have a higher probability to receive rarer in-game traits, making Founder Heroes stronger from the beginning. Unique Hero - The only opportunity to receive an in-game hero with a special design and benefits. Free tournaments - Founder Heroes will receive free access to in-game paid Tournaments, special events, and future campaigns. VIP Status - Access to our VIP Founders Discord channel and the opportunity to provide early feedback on art, game mechanics and design directly to the Shatterpoint team. And more to come as the community grows!
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!
Magicmaze Collection Mint
Welcome to Magicmaze DAO NFT project! MagicMaze is a community driven project based on a collection of 420 mazes randomly developed by AI. All artworks revolve around a gamification concept and not only on graphic attributes: all mazes have their own traits, matrix and colors and all comes with a path to the solution that users can play with. Anyone can engage with his own NFT, find the solution and access to the first batch of $MAZE distribution through the airdrop. Total Supply: 420 Items Whitelist Price: 0.75 SOL Public: 1 SOL Mint Date: 10th of December 2022 (TIME TBC) Twitter: https://twitter.com/magicmazedao Official Website: https://magicmazenft.art/ Official Gitbook: https://magicmaze-dao.gitbook.io/magicmazedao Blog: https://magicmazenft.medium.com/ Email: media@magicmazenft.art LinkTree: https://linktr.ee/magicmazenft
Nice Baby Wolfs
Nice Baby Wolfs
Solana
NICE BABY WOLVES is a new exotic and innovative collection of nfts that will be released on the solana network, the collection consists of 3333 baby wolves of different rarities with unique and exclusive designs, this project has several goals to meet, the main one is to make the sale of this collection in MAGIC EDEN and OPEN SEA, we also have other very interesting objectives and benefits that you can discover below. Welcome to nice baby wolfs, In our discord you can find all the necessary information related to the project, you have the rules, the website, twitter and many more channels, The project is in our first phase, which is the growth and completion of the collection metaverse and nft game. Our art collection is in the development phase and there is little left, the collection will consist of 3333 nfts of nice baby wolves on the solana network and will be listed on the Magic Eden and OpenSea markets. At the time we will notify you of the opening of the whitelist for the whitelist mining and the dates of the public mining but for this there is still time since we need you to support us to the fullest to make this community grow and reach our maximum splendor let's go for it all wolfs
Rowdy Knights Club
Rowdy Knights Club
Solana
ROWDY KNIGHTS CLUB is here!!! We want to welcome YOU to the ROWDY KNIGHTS CLUB!!! The main focus of the Rowdy Knights Club (RKC) is self-development. We want to help transform our members into modern-day knights in shining armor! And for our members that are already killing it in the real world, we want to make that armor shine even more! • We plan to do this by bringing in top professionals from fields that include but are not limited to health, sports, music, business, financing, crypto, stock trading, real estate and fitness. • RKC members will be able to vote on what topics they want to be covered and what professionals they want to present via video or in-person events. • Once votes are tallied, we will reach out to the best available professionals and have the event organized. Only owners of an RKC NFT have the right to vote. Anyone can view content brought forth by our holders. ✪ 1st Round Drop: The first drop will consist of 4,000 Rowdy Knight NFTs. ✪ Rowdy Video Platform: A website featuring video presentations, holder voting and a global audience. ✪ Philanthropic Goals: Another primary focus of RKC is giving to charity. A crypto-friendly charity will also be voted on by the community, and a percentage of the initial sales will be donated to the elected charity. The amount given to the elected charity will be shared at the end of each round after it sells out. Not enough projects are donating to charities to help make a difference in society, and we want to change that! ✪ First Webinars: After our first round has sold out, we will ask our community what professionals they want covered in our first online event. From there, RKC admins will search for professionals within that field. A list of candidates will be given to the community and from there the community will choose. ✪ Rowdy Crypto Coin: After all 11,111 knights have been sold. RKC will begin the process of making a crypto coin. Knight holders will continuously receive coins once it has launched. ✪ Castle in the Metaverse: We also want to bring our castle at the top of the website into the metaverse! We want the castle to be a common area amongst RKC members, so we can have meetings and networking events with various professionals and other people of interest! The castle development will begin after all 11,111 knights have been sold. The castle will be added to the website soon.
OmnesWorld
OmnesWorld
Solana
**Why NFTs?** The idea of diversity and inclusivity is something that we strongly believe in. When planning the movement we asked ourselves how can we best propagate these ideas throughout the world? Our answer was to leverage the incredible web3 community! It one of the strongest communities on the internet, and it welcomes people from all around the world. Additionally, the technology behind NFTs allows us to provide individuals with an asset that they can use to spread awareness of our cause by using in various ways such as a social media profile picture. Combining the digital footprint we hope to create along with the many projects planned for the physical world, we believe we can drive true change. Omnes World is a movement which aims to display human diversity and full-scale inclusion while also portraying our human desire to be individual. We thought it would be fitting to create a unique set of NFT´s which are both unique and universal. Each piece of art from the Omnes NFT Collection is one of a kind - just like every individual
Mankey Business
Mankey Business
Solana
Mankey Business is a collection of 2222 Pixel generated Monkeys. The artwork is crafted by an experienced Pixel Artist with a lot of love and passion. Join our Discord to start earning $MANK tokens which has cool utilities. Mint Date: 8th Nov 2022 (3.30pm UTC), OG/WL: 0.04 SOL, Public: 0.089 SOL THE MANKEY CARNIVAL Any holder of our Mankey NFTs will have access to “The Mankey Carnival”, this comprises of raid-to-earn, work-to-earn and flip-to-earn bots and services which will gift back $SOL and $MANK to our loyal holders. It’s basically a Multi-Earn system where we reward back to our customers for holding our NFTs. TOKENOMICS FOR $MANK Token Name: Mankey Business Token Token Symbol: $MANK Fixed Supply: 10,000,000.00 Token address: FXsPakrMThdrckQuXHbcHF2fRVijJBr2yavDEbqhGQaa Authority: 4JoRLLVfGXfnPHPwLdn8XaRzgw9JuMYf4mDoGbFrHbkm
Moonmons
Moonmons
Solana
10,000 unique Moonmons living on Solana blockchain. Moonmons can claim 'Magic Items', Exclusive Prizes and much more on moonmons.com ROADMAP Phase 1 - The concept of The 'Moonmons' starts to Develop. The founding team is formed; compiled of talented artists, developers, and marketers. - Launch of social media profiles. (Twitter, Discord, Telegram) - Launch of website. - Creation of NFT collection. - Starting a strong marketing campaign to increase exposure. Phase 2 - 'Moonmons' NFT collection presale. - Listing on secondary NFT marketplaces. - Adding 1000 $SOL to Community Fund for rewards/ giveaways. - Expanding social media engagement. Phase 3 - 'Magic Items' NFTs Available to claim. - Get verified on NFT marketplaces. - Organize Exclusive Events for community. Phase 5 - Adding another 1000 $SOL to Community Fund. - 'Moonmon's Pets' NFT collection airdrop. Phase 6 - Launch of metaverse. - Collaborations with other popular NFT Artists. - Expand the Team At the end of the roadmap we are going to re-evaluate our goals and necessary steps to become even bigger and better.

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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