The first NFT project of the Bit ecosystem's Spark protocol, Akita Mia, initially only required a cost of 5U, and peaked at 240U, a 48-fold increase. Although it has pulled back a bit now, it still stands at 171U each, which can be said to be quite a good profit, instantly attracting everyone's attention.
Because at that time this project was not open to everyone, only those who obtained the whitelist were qualified to participate. The whitelist, which some newcomers may not understand very well, is actually just a way to report your wallet address in advance. If you have the qualification to participate, but did not report it, then you do not have the qualification. At that time, both my community and Twitter held a draw, and more than 20 lucky people obtained the whitelist.
Just today, I saw another NFT project that is also part of the Spark protocol ecosystem, SparkCat. It looks good, and they have given out some whitelists for everyone to draw lots.
Just right, a few newcomers have drawn the whitelist for SparkCat, and they are very excited and looking forward to whether they can earn a few hundred dollars this time. They keep asking me how to check the whitelist, etc. In fact, I can understand their feelings; it's the first time after all.
However, I also said that a whitelist does not necessarily mean one can make money; it depends on the project, there are gains and losses, and one should not have such high expectations. If one encounters a leading good project like Akita Mia, then it is indeed great. However, with the success of Akita Mia, various NFT projects will appear in the Spark protocol, and with mixed quality, one must be more cautious, especially with those that directly collect money, which can likely be excluded.
The more projects there are later, the more precious Akita Mia seems. There are only 3,400 pieces, and it is the leading NFT of the Spark protocol. The details of the image are very well done, and the project team understands operations. Personally, I feel that the current market price of less than 200U is still underestimated.
Akito Mia market link: https://magiceden.io/ordinals/marketplace/akitamia?status=%22magic_eden%22
Buying on the secondary market requires extreme caution, as secondary prices are constantly fluctuating. We never know what the high point is and what the low point is. If one really needs to buy on the secondary market, one must think carefully about what price to buy at, what price to sell at, what loss amount can be tolerated, and set a stop-loss point. After all, the secondary market is indeed high risk. Dyor
