Tips for checking NFT x10 project👇🏻
- NFT projects with high ROI are usually in the ETH system, have blue chips, initial purchase entry is worth less than 0.5E, high rarity
- Research through the project team:
Unlike the previous season, NFT currently has a higher success rate when the dev team is not anonymous and has good creativity.
- Application (utility) of NFT: a successful project is a project whose NFT brings real benefits to NFT holders. For example, sharing alpha, NFT PFP (profile picture), staking NFT to receive tokens, granting access to DAO, receiving exclusive rewards, minting rare NFTs in the future... etc.
- Compare Total Supply and Price Mint to determine whether the valuation is really logical or not.
- NFT economics considerations in the project. Relation between tokens and NFT mechanism.
- Hype level of the community: consider whether the marketing KOLs for the project are big names or not, the spread and response of the community is large or not. The more FOMO => NFT has a greater success rate. Check to see if the project's community on social platforms is really active, real nick or clone.
- Art style: Depending on each place's culture, Anime, 3D, Pixel, Animal Art...
Asia tends to focus mainly on Anime and comics. Europe's culture is about 3D monster art, Pixel art..#nft#crypto #binance