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NBA Top Shot

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.
Founding Frens NFTs
Founding Frens NFTs
Solana
Your network is your wealth. Founding Frens gives you access to the Deal Room, a private members club that includes business leaders at the world's largest companies (Adobe, Amazon, FTX, GoldmanSachs, Linkedin, Bittrex & many others)! The Founding Frens is a collection of 1,700 beautifully hand-drawn, limited edition membership NFTs based on office roles! All Founding Frens (NFT holders) have access to exclusive benefits such as a membership club, early access to events and content, and platform perks. The NFTs are created and drawn by artists who worked at the studio that brought you Rick and Morty. Not to mention, the project is led by an all-star team with decades of experience in data, partnerships, and community at some of the world's most innovative companies. Mint Details: Pre-sale: June 9th, 2pm UTC Public sale: June 9th, 8pm UTC Marketplace: FTX Price: 2 SOL
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)

SHAKE THE RIM: AIRDROPS

For the first time ever, fans on NBA Top Shot will be rewarded with a free pack featuring a single Moment™ NFT from the AT&T Slam Dunk Contest, airing on Saturday evening.


Packs will be delivered to all fans who make a Starter Pack or Marketplace purchase on Top Shot between February 1 and Saturday, February 19th at 10pm PST.



Each pack will contain a unique Fandom Moment from Saturday night’s AT&T Dunk Contest, ranging in rarity from 1,010 to other plays with five-figure Edition Sizes.


Let's make the rim shake.


A new Fandom tier set featuring Moments from the 2022 AT&T Dunk Contest, Rim Shakers, is coming soon.

And if you've bought a Starter Pack or made any Marketplace purchase in the month of February, you've got a pack coming your way.

Each play in this set will come with its own unique Edition Size, with the contest winner’s Moment minted to 1,010 and the other plays from the set minted to varying totals in the five figures.  

We anticipate that these packs will be airdropped into qualified fans’ accounts by the end of day on Monday, February 21 at the latest.

Not sure if you qualify? As long as you've made a Starter Pack or Marketplace purchase on Top Shot between 12:00am PST on February 1 and 10:00pm PST on February 19th, you're good.

NBA ALL-STAR (RELEASE 2)

There are certain snapshots from NBA history that transcend time and place, forever etched into our memories. When Vince Carter took a bounce pass from his Toronto Raptors teammate (and cousin), Tracy McGrady, and put it through his legs for a massive dunk, mouthing “it’s over” to the camera, an instant classic was born.

Fast Facts:

  • NBA All-Star Standard Packs drop Thursday, February 17th at 12pm PST
  • These packs include the opportunity to pull one of the most important dunks in NBA history
  • Featuring sets and Moments across all rarity tiers, including the return of Rising Stars
  • 200,000 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:

  • Common:
  • Series 3 Base Set Moments with Edition Sizes ranging from 4,000 to 60,000+
  • Rising Stars Set, featuring the NBA's top rookies and sophomores, with each Moment limited to just 17,500
  • Rare:
  • Metallic Gold LE, our flagship Rare set, with each Moment limited to just 749 in existence
  • Legendary:
  • A new set, NBA All-Star Classics, featuring iconic Moments from past All-Stars. Our release for Series 3 will be all about the 2000 All-Star Game in Oakland, CA. Each Moment limited to just 50 in existence

NBA All-Star Standard Pack Facts:

Packs: 200,000 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:

  • #/50 LE NBA All-Star Classics
  • #/749 LE for Metallic Gold LE
  • #/17,500 LE for Rising Stars
  • #/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: 200,000
  • 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 9:10am PST on February 15, 2022.

  • 1 pack for every complete set of:
  • Base Set (Series 1)
  • Base Set (Series 2)
  • Seeing Stars (Series 2)
  • Archive Set (Summer 2021)
  • Vintage Vibes (Summer 2021)

NBA ALL-STAR ELITE PACK (RELEASE 2)

There are certain snapshots from NBA history that transcend time and place, forever etched into our memories. When Vince Carter took a bounce pass from his Toronto Raptors teammate (and cousin), Tracy McGrady, and put it through his legs for a massive dunk, mouthing “it’s over” to the camera, an instant classic was born.

Fast Facts:

  • NBA All-Star Elite Packs drop Thursday, February 17th at 10am PST
  • These packs include the opportunity to pull one of the most important dunks in NBA history
  • Featuring sets and Moments across all rarity tiers, including a brand new set, NBA All-Star Classics featuring iconic Moments from the 2000 All-Star Game in Oakland, CA
  • 18,500 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:

  • Common:
  • Series 3 Base Set Moments with Edition Sizes ranging from 4,000 to 60,000+
  • Rising Stars LE Set, featuring the NBA's top rookies and sophomores, with each Moment limited to just 17,500
  • Rare:
  • Metallic Gold LE, our flagship Rare set, with each Moment limited to just 749 in existence
  • Legendary:
  • A new set, NBA All-Star Classics, featuring iconic Moments from past All-Stars. Our release for Series 3 will be all about the 2000 All-Star Game in Oakland, CA. Each Moment limited to just 50 in existence

NBA All-Star Elite Pack Facts:

Packs: 18,500

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:

  • #/50 for NBA All-Star Classics
  • #/749 LE for Metallic Gold LE
  • #/17,500 LE for Rising Stars

Number of Queues: 1

  • General Queue:
  • Time: 10am PST
  • Collector Score Requirement: 9,000
  • Including drop bonus of 1 point/$1 spent on Moments currently owned + 100 point Favorite Team Bonus
  • Purchase limits:
  • 9,000+ Collector Score: 1 pack
  • 27,500+ Collector Score: 2 Packs
  • 55,000+ Collector Score: 3 Packs
  • 110,000+ Collector Score: 4 packs
  • Number of Packs for Sale: 18,500
  • 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 9:10am PST on February 15, 2022.

  • 1 pack for every complete set of:
  • MGLE (Series 1)
  • MGLE (Series 2)
  • Rising Stars (Series 2)
  • 2021 All-Star Game (Series 2)
  • Run It Back (Series 1)
  • Run It Back 2005-06 (Summer 2021)

KEVIN DURANT STARTER PACK
Kevin Durant is about to drop the first-ever NBA Top Shot set curated by an NBA player – featuring 6 Moments hand-picked and narrated by KD himself, dropping Thursday February 3rd, in a first-of-its-kind pack release. Wanna Make History With KD? KD Certified Standard Pack, a brand new pack format with the possibility to pull some of the most coveted Moment™NFTs on Top Shot, drops Thursday, February 3rd at 12pm PST Featuring sets and Moments across all rarity tiers, including the first-ever set curated by an NBA player – hand-picked and narrated by KD himself. 135,000 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 potentially being from the Common, Rare, or Legendary tier What's In The Pack: Tipping off a month long test in partnership with KD, the packs feature a mix of 4 different sets across multiple tiers of rarity: Common, Rare and Legendary Common: Series 3 Base Set Moments with Edition Sizes ranging from 4,000 to 60,000+ Game Recognize Game Set, curated and narrated by Kevin Durant, limited to just 10,000 per Moment. Rare: Metallic Gold LE, our flagship Rare set, with each Moment limited to just 749 in existence. 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. KD Certified Standard Pack Facts: Packs: 135,000 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 for Holo Icon #/749 LE for Metallic Gold LE #/10,000 LE for Game Recognize Game #/4,000-60,000 for Base Set Series 3

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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