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Stoned Pop Originals
Stoned Pop Originals
Ethereum
Stoned Pop Originals is a collection of 8000 NFT revolving around Pop Culture. Discover iconic objects from movies, music and art scattered throughout each NFT or try to catch one of the 100 rare "Famous" pop icons hidden in the 8000 NFTs ! NFTs Stoned Pop Originals were produced under an ERC721A smart contract ! Developed by the AZUKI team, known worldwide for their NFT collection, ERC721A is an improved implementation of the IERC721 standard that supports minting multiple tokens for close to the cost of one. What does that mean for you ? That means that you can mint multiple NFT SPOs here for essentially the same cost of minting a single NFT, and increase your chances of getting a FAMOUS SPO NFT ! Advantage for early minters 1. You become an early member and ambassador of the Stoned Pop family. 2. You get more chances to acquire a rare « Famous » NFT from SPO Season 1. 3. You win the opportunity to propose a « Famous » for Season 2 and get it for free. 4. You become the owner of the artwork and get priority access to future events. 5. You support the project and future developments. Presale mint (OPEN) : Presale price : 0.04 ETH Presale supply : 3000 SPO Sale mint : Sale price : 0.08 ETH Presale supply : 5000 SPO
Lavish Leopards Club - Public Sale
The Creation of The Lavish Leopards Club The LLC Collection Consists Of 5,555 Extremely Limited and Highly Detailed Pieces Of Art. Each NFT Is Unique, and Will Be Your Ticket Into An Exclusive and Inclusive Top Tier Community Where EVERYONE Thrives. ‎ LLC Goes Public What Happens When Elegance Meets Fashion? Lavish Leopards Club Is A Project That Was Created For A Community Of Visionaries, and Right Now Is Your Chance To Join The Leap (Pack). When Building The LLC Project, We Have Always Prioritized Quality and Our Community Which Is Why We Have Decided To Launch A Limited Run Of Only 5,555 OG Leopards. ‎ Legendary Leopards are Unveiled All Great Art Collections Have A Centerpiece, and That’s Why We Have Introduced Our Legendary Leopards. This Exclusive Group Of 12 Leopards Is Amongst The Rarest Of Our Collection. These Legendary 1 Offs Were Fully Customized By Our Artists and Perfected To Be A Creative Statement For Any Investor. ‎ Legendary Leopards give back The Lavish Leopards Club Wants To go Giveback To Multiple Charities, and That Is Exactly What We Are Going To Do. Whether It’s Snow Leopard Trust (Which Is Fighting To Stop The Extinction Of Snow Leopards), Or St. Jude Children's Research Hospital; There Is No Better Feeling Than Giving Back. We, As A community, Are Committed To Giving Back $50,000 To A Variety Of Charities, and This Is Where You Come In. We, Will, Be Holding Community Votes On Where You Would Like To See Your Donations Go. We Don’t Plan To Stop There! We, Will, Continue To Take A Portion Of All Revenue From Future Drops and Allocate It Towards Benefiting Different Charities That We Believe In. LLC Networking Opportunities The Creators Of LLC Are Experts When It Comes To Growing A Strong Social Media Presence and Want Everyone Who ‎Has A Dream, A Youtube Channel, An Instagram Account, or Any Other Business Model To Be Nourished By The Community. We Have Decided To Ensure Our Inclusive Community Will Feature Individuals Who Have The Most Interesting Projects. You Will, Not Only Be Able To Discuss Your Business But Also Gain Access To More Customers, Create Ideas, and Network With Other LLC Owners. Our Mission Is To Turn Into The Most Powerful and Exclusive Community That You Will EVER Be A Part Of! ‎ LLC Fashion will become a reality We Want This Project To Be More Than Just An NFT Collection. We Want It To Become A Real Community That Every Participant Is Proud To Be A Part Of. For This Very Reason, We Have Decided To Develop An Extremely Exclusive Merchandise Release That Will Strictly Be Reserved For Our Holders. Our Goal Is To Create A Highly Exclusive Community. You and Only You Can Wear It To Express That You Are Officially Part Of The Lavish Leopards Club Family. ‎ Legendary Leopards Expand Holding A Lavish Leopards Club NFT Will Come With Infinite Perks Including Early Whitelist Opportunities Of Our Male Leopards Release. We Plan On Releasing A Limited Run Of Jungle King Leopards, Where Our OG Holders Will Get Priority Mint For Future Drops. In Addition, We Are Going To Airdrop Junior Leopards To Every Holder Of Both A Male and Female Leopard For Free. Our Junior Leopards Are Some Of The Rarest NFTs Reserved For Holders Lucky Enough To Get Their Paws On Both (Male and Female Leopard) and NEVER Releasing For Public Mint! ‎ And so much more!
Pixxtasy
Pixxtasy
Ethereum
PIXXTASY is the brainchild of Zoltán Egri, a man who overcame a two-year drug addiction and has since become a serious anti-drug advocate. His dedication to the anti-drug cause, combined with cryptocurrency and blockchain technology, formed this project to help fund drug recovery programmes and NGOs through the sale of NFTs. The creator of PIXXTASY has described how everything in his life has led up to creating the worlds first anti-drug NFT collection: "As a brand manager, I have been working from home and the epidemic has given me time to observe what direction the world is heading towards; This direction is the NFT. Art has always provided me with a different perspective, I've created digital content and aim to continue making more. I've been through a lot, I was an employee, a manager, a 5-minute star, a lover, a cheater, a rich person, a drug addict and then I got clean. PIXXTASY was formed due to the combination of events from my life." - Zoltán Egri (translated and adjusted for English) PIXXTASY’s goal is to reach out to rehabilitation centres and NGOs that help drug addicts recover; previously these centres and NGOs have struggled to have a strong presence in online communities. Giving up drugs and opting for recovery is a difficult and lengthy process requiring a lot of support. Every step, every emotional outburst, every feeling and every moment, Zoltán Egri, the founder of PIXXTASY, has lived it. “Pixel” and “Ecstasy” were the inspiration for PIXXTASY, combining the pixels that are used in all digital content and displays as well as the potential euphoria that drug users end up craving. PIXXTASY was made to send a message, to teach and to help drug users. PIXXTASY has two main taglines: “DON’T USE. JUST OWN IT.” And “BE MY HERO”, advocating against drug use as well as helping others to quit. The modernisation of methods for socialising has allowed for a shift from real life physical socialising to digital socialising, giving way to positive and negative aspects, like a black market for goods such as drugs that people can purchase anonymously. More and more younger people are earning their own money and not relying on their parents or others, these young people are at risk because they can be inexperienced, naïve, curious and influential, making them an easy target for drug use. The gap between the younger generation and drug recovery needs to be modernised to be able to help as many people as possible. PIXXTASY’s goal is to prevent drug use and encourage drug users to quit and recover, reaching out to young people with modern and popular methods, such as cryptocurrency and NFTs. PIXXTASY’s NFT collection will drop in small quantities (333+33+33 NFTS in different drops) with NFTs feeling premium and high quality. People interested in purchasing PIXXTASY NFTs can sign up to the whitelist and have a chance of being selected and allowed to purchase one. The NFTs are limited edition and hand drawn by a professional artist, making them more desirable than mass produced NFTs. The funds earned through NFT sales will help charities dealing with anti-drug campaigns and drug recovery programmes to run and reach more people. PIXXTASY will support the work of 11 non-profit organisations and rehabilitation centres globally using $1,000,000 of the project’s proceeds. The donation fund would be donated based on the frequency of NFT sales and a random lottery of donors will be held to determine which organisation receives the money. Westminster Drug Project (WDP), and other anti-drug projects have partnered with PIXXTASY to assist in moving the project forward.
My Dress Up Darlings
My Dress Up Darlings
Ethereum
My Dress Up Darlings is a generative collection of 7696 unique 1/1 NFTs that live on the Ethereum Blockchain. The collection was inspired by the all the many waifus of the anime world. These darlings are excited to be joining the residents of the Animetaverse with over 30 different traits with some super rare traits such as the cherry blossoms background or the royalty crown or the jade rose hair pin. My dress up darlings cost 0.01ETH for the first 1500 minted and then 0.02ETH for the remainder with a max mint of 10 per wallet and max of 3 per transaction. The smart contract is opttimized for super low gas fees so no gas wars will be occuring on our watch. Minting will take place on Tuesday August 30th 2022 starting at 12:15PM UTC. You can follow us on twitter or discord for sneak peaks and to stay up to date with any announcements and chances to win any airdrops.
Calvara Mystery Box
Calvara Mystery Box
Polygon
Calvaria Mystery Boxes are the first huge drop from the Calvaria: Duels of Eternity project. Each one will contain NFTs, $RIA token and some lucky winners can receive cash prizes! The NFTs will be used in PvP Battleground game (September) utilizing their unique traits, and in Duels of Eternity game to unlock powerful abilities. NFTs can be rented out or traded. $RIA, our governance token has a variety of uses from upgrading cards to participating in DAO operations. The Mystery Boxes range from bronze to diamond and each contain up to 5 NFTs! Calvaria: Duels of Eternity is a card game in which players compete in tournaments using cards that represent different characters, each having their own unique sets of abilities. The player's goal is to defeat opponents using complex strategies and tactics in order to get rewards and various upgrades.
A Dragons World
A Dragons World
Binance Smart Chain
A Dragons World is a Play to Earn game hosted on the Binance Smart Chain. An open world game with lots of mechanics and possibilities for its players What makes A Dragons world a unique game? Welcome to A Dragons World, a crypto magical world of dragons and powerful creatures, where players will have to enter numerous adventures in search of materials to create powerful weapons and armor with which they can explore distant lands and enter incredible battles. In this fantastic world there are many forms of investment and earnings, to get considerable earnings within the game, players will have to invest time which means they will have to invest time improving their characters, obtaining better weapons and armor, collecting resources in the vast world , fighting against other players and obtaining the game token which has utility both inside and outside the game. Players can also make a profit by investing in NFTs, as these unique assets have value both inside and outside the virtual world. Trading A Dragons World token is another way that not only players, anyone can earn money this way. And the most important! not only that players have the chance to earn money, also the good times they can have sharing with other players and having fun while playing.
MalLabel Complete Catalog & KR3TURE Remix Competit
MalLabel Music was founded in 2008 in Bay Area clubs and warehouses when the biggest wave of dubstep & bass music was beginning to break into the US zeitgeist. The label has had a notable impact on the landscape of current bass music culture by developing a powerful platform focused on diversity, equity and inclusion for established & emerging artists who bring fresh, innovative music to the scene. MalLabel’s knack for recognizing talent — combined with their entrepreneurial prowess and a supporting team of dedicated creatives — has made MalLabel a leader in the west coast underground bass movement. Our catalog features almost 2,000 tracks, including music from: Too $hort, G Jones, Downlink, Minnesota, KR3TURE, Liquid Stranger, The Widdler, Pushloop, Truth, 6Blocc, Of the Trees, AHEE, JVNA, Stagga, Kraddy, Headphone Activist, Bukkha, Blimes Brixton, Morillo, Sub Docta, El Diablo, EKo Zu, Crimes! Accumulating over 300 releases since inception, the entire MalLabel catalog has only been accessible to an underground audience until now. For a limited time, to celebrate the label's roots established at Burning Man over a decade ago, MalLabel is opening up their music vault to fans of underground bass music over the Burn. For those attending or those missing out on playa magic, we are offering up our entire catalog, (including the new, unreleased Digital Landscapes compilation) in WAV format for $50 from Aug 23 - Sep 4, 2022. Bundle purchasers also receive an NFT of KR3TURE's Shapeshifter, as well as exclusive access to Shapeshifter stems and a remix contest hosted by MalLabel & KR3TURE. Bundle Price: USD 50 Editions: Unlimited during minting window Minting Window: 8/23/22 - 9/4/22
Ogami Conquest - Ogami Mages
The Ogami Mage Collection will be the VIP ticket into the Ogami ecosystem Ogami Conquest is the first MOBA game with sandbox elements that utilizes NFTs as playable and breedable characters backed by the $OGM token, giving players true ownership of their NFTs and a new governance model that bridges the gap between players and developers. Utilities - Ogami Mage can be staked for $OGM - Whitelist for $OGM token presale - Airdrop of the first-ever Kodari NFTs (+ free breeding event) - Airdrop of $OGM token and Kodari NFT cosmetics (different rarities) - Access to Pre-Alpha of Ogami Conquest - Ogami Mage NFTs will be usable in different Metaverse projects - Holders can mint Premium Battle Pass NFT for free - Will unlock a Kodari skin in Ogami Conquest - Can be used as an Avatar in Ogami Conquest
Adam Wendler - Motions
Motions NFT Bundle #adamwendlermusic, #livingthedream, #savethebees, #30beers Adam Wendler is a Canadian Folk-Pop artist with a passion for good times and honest, heartfelt songs currently based in Germany. On Motions (co-produced by Adam) he has taken his sound into more of a pop direction. The album is a summary of different life experiences Adam has had thus far and the state of mind he was in throughout the writing process. All the songs have something different to offer; whether the writing influence came from nostalgic memories of his teenage years, addictions his friends have suffered from, dreams of becoming a rockstar, or losing his father in 2021. Motions is filled with catchy pop songs that are deeply poetic and relatable from start to finish. Purchasers get the entire album as an NFT, the album artwork (digitally signed) as well as a signed physical copy of the album (personalized messages possible), a limited edition MOTIONS tote bag (exclusive to this bundle), a handmade MOTIONS bracelet, an Adam Wendler bottle opener, beer coasters and stickers. Available Copies: 50 Price: USD 50 / SOL ~1.21 This NFT release is brought to you via Motor Music.
The Wagies
The Wagies
Ethereum
The Wagies are NFT Collection for Fast Food fans and general people who are trapped/stuck at Wagie jobs. Consisting of 4848 different Wagies, including 12 special mints inspired by pop culture and other memes. All Azuki holders will be automatically added to the whitelist sale, if you do not hold an Azuki you can also join the free whitelist raffle here https://www.autominter.com/list/62e9bb81017f4593275af99a Both public and whitelist sales are FREE, outside from the gas fees that Ethereum will do when minting. The Mint will take place in 19/08/2022 precisely at 19:19 (GMT+3) and the whitelist sale will last for 90 minutes and everyone who are whitelisted can mint 1 Wagie and after public sale will start where there is no restrictions on how many wagies you can mint. Minting will stay open until all Wagies have been minted.
THE WALLSTREET BITCOIN Crypto-NFT - INO
Introducing The Wall Street Bitcoin Crypto-NFT, where you can exchange your Crypto-NFTs only on the OnlyTrust Platform for Bitcoins. The Initial NFT Offering of this World Class Asset (INO) is live now, only at the OnlyTrust Marketplace, where you can buy The Wall Street Bitcoin Crypto-NFTs at just $49. The value of The Wall Street Bitcoin Crypto-NFTs depends on the price of Bitcoin, which never goes below a certain level. The Crypto-NFTs are safeguarded by the OnlyTrust Exchange Pool, and their value increases on every Crypto-NFT sale. Get your unique Crypto-NFT before the stakes are high and before the sale ends! Follow us on our other channels to stay connected to our updates! 🌅 Twitter: https://twitter.com/wall_st_bitcoin 🌠 Facebook: https://www.facebook.com/thewallstreetbitcoin 🌉 Instagram: https://www.instagram.com/the_wall_street_bitcoin 🎇 Discord: https://discord.gg/Yfnu3CWn3Y
pumpskin Public Mint
pumpskin Public Mint
Avax Network
𝐩𝐮𝐦𝐩ʂ𝐤𝐢𝐧 is a collection of 6,666 upgradable NFT idle game with a tri-tokenomic ecosystem on Avalanche! 𝐩𝐮𝐦𝐩ʂ𝐤𝐢𝐧 NFTs can daily conjure pumpskin pie ($PPIE), magick potion ($POTN) is extracted from $PPIE, then 𝐩𝐮𝐦𝐩ʂ𝐤𝐢𝐧 drinks $POTN to level up, then conjure even more $PPIE daily! There's a 10% royalties on secondary 𝐩𝐮𝐦𝐩ʂ𝐤𝐢𝐧 NFT sales that is mostly reflected back to the community. 𝐩𝐮𝐦𝐩ʂ𝐤𝐢𝐧 implements a stress-free (part) Free Mint experience for 333 NFTs, rewarded to the community prior to launch through collabs, contests, and giveaways. There will be a total of 333 Free Mints and 333 Whitelists out of the 6,666 collection Free Mint and Whitelist : August 17th 7pm UTC Whitelist Mint Price : 0.88 $AVAX Public Mint : August 18th 8pm UTC Public Mint Price : 1.11 $AVAX
Todd Terry - Fuzz Box
Todd Terry - Fuzz Box
Solana
Dirty beats. Funky loops. Furious breaks. Todd Terry first released Fuzz Box in 2000 as a DJ promo-only vinyl on InHouse Records under his alias Swan Lake. On a recent journey to his personal record vault, Todd uncovered three boxes containing 60 sealed copies of the record – the last 60 in his possession. Now Todd and InHouse are releasing this treasured vinyl from the vault, and each copy will be signed by the hand of Todd. Completing the bundle is a brand new Fuzz Box remix and extended mix, exclusive to NFT holders and ready for club play. Holders will also receive exclusive behind-the-scenes video documenting the creative process behind the remix, and a copy of Todd’s iconic Black Riot Megapack, a sample pack containing 190 classic loops, hits and sounds. Editions: 60 Price: USD 100 / SOL ~2.35 Release Time: 3PM EST on Thursday, August 18th
Shibacademy Public Mint
ShibAcademy is a unique 3D mini-arcade metaverse based on SOLANA network. 999 unique 3D shibas will learn how to save the world in the SHIBACADEMY, contest each other and earn SHIBAGOODIE COIN. Imagine if shibas had superpowers to save our world from disasters and evil. They are not only cute puppies but superheroes who will make our world better! Save the planet, learn new skills and become the most powerful shiba hero in the world! ShibAcademy was founded in 1936, on the day Shiba was recognized as the national treasure of Japan. Only the best Shibas of the planet enroll in the Academy, where at 15 faculties Inu Masters develop the strengths of these cute dogs into superpowers. Say YES to cute faces! Due to this sweet advantage, Shibu can get access to any place on the planet. But that's only half of the battle because now they have real superpowers they were taught at ShibAcademy. Shiba uses them to fight evil and save the world. Invisible to us. Every day. The unique brand of Digital NFT toys Shiba on SOLANA. The universe of SHIBACADEMY has incredibly detailed characters. This game has an exciting story, Shiba merch, secret additions, and big plans! Our mission is not just creating the project, but we also expect a whole range of SHIBACADEMY toys. We are going to build a long-term outlook for developing and expanding The Shiba Universe and its activities. Shibademy 3d game is an arcade minigame metaverse. You will complete tasks, get shibagoody and buy new stuff for your shiba! Your main goal is to increase your Shiba's level and become the most experienced shiba in academy! You'll start in the shibacademy main park and every day you'll get your mini-quests to learn how to save the world! Each game gives you some shiba goodiecoin and rating points. Top participants will get extra shiba goodiecoin!
UtopianZ
UtopianZ
Cardano
It’s the year 2129 on planet Earth. Global warming and the destructive behaviour of the human race have finally won. Humans must escape the planet before it’s too late. The only hope for the survival of humanity is to find another planet that can support life. The nearest habitable planet has been found deep inside the Canis Major Dwarf Galaxy. However, it is not free of inhabitants! UtopianZ is an alien society of unique characters based around CNFT projects and communities. They live and populate the Planet UtopiaZ as well as the orbiting moons Zena and DyZtopia. The population is currently unknown. All the humans have discovered so far is that there are 2049 ModZ. The first ship is leaving for UtopiaZ. However, the only way to get on board is to team up with a ModZ. The ModZ are your only ticket and passage to UtopiaZ.

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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