So many NFT projects are coming to the NFT marketspace and contributing to the NFT market space, but there is also risk involved because of the increasing amount of scammers in the NFT market.
So many NFT projects make it difficult to find good NFT projects and learn more about good and genuine NFT projects from the NFT market space.
Since crypto and NFT are in the bear market, this is the best time to learn about the NFT market space and understand how you can find good NFT projects from the NFT market space to invest like a pro in the next bull run and earn hard money.
In this article, let’s learn how to find good and genuine NFT projects from the NFT Market space.
How to Find a Good NFT Project from the NFT Marketspace?
If you do your own research and understand the data and project more accurately, you will easily understand that finding good NFT projects in the NFT market is not difficult.
You just need to learn the process of how to conduct in-depth research for any NFT project in the NFT market space.
1. Explore NFT Marketplace, NFT Calendars, NFT Tools
2. Write down Good NFT Projects and Research about Them
3. Wait till Mint and Start Live Research of the NFT Project
4. Don’t Mint until only 15% of NFTs are left to be minted
5. Check out Opensea Floor price and Track the Project
1. Explore NFT Marketplace, NFT Calendars, and NFT Tools:
You have to explore NFT marketplaces like Opensea, Rarible, Looksrare, Superrare, etc. to find good and genuine NFT projects from the NFT market space.
Also, check out the NFT calendars like NFTcalendar.io, upcomingnft.net, Nextdrop.is, mintyscore.com, etc., to find more good and genuine NFT projects. You can also check out NFT tools to find genuine NFT projects and list all the good NFT projects.
This way, you will find a list of popular NFT projects in the NFT market space.
2. Write down Good NFT Projects and Research Them:
Now, write about these projects and the pros and cons of these NFT projects and eliminate the NFT projects from the list that looks suspicious.
Research all these projects, look out for their roadmap, Twitter, discord, and website, find team members’ Linkedin profiles, connect with them, ask questions, and learn about the project.
Research these NFT projects’ utilities and whether it has a future in the NFT community; learn more about the NFT project and write the pros and cons of these NFT projects.
3. Wait till Mint and Start Live Research of the NFT Project:
Now, the real tasks begin; you have to write down the NFT projects and minting details of these projects you think are good to invest in.
Once you are done writing the list now, wait for the minting date to start your live research of any NFT projects.
– Stalk the Social Media of the NFT Project Read Comments, Hashtags, New Posts, tweets
– Track Opensea Floor Price Ups and Downs
– Check out the Transactions on Etherscan
– Check out Discord Conversations
– Do a Quick Analysis of Everything you have Researched, and Think Wisely
Now, it’s your time to consider whether you want to invest in that NFT project.
4. Don’t Mint until only 15% of NFTs are left to be minted:
Now, if you have made up your mind to invest in the project, wait until there is only 15% of NFT left to be minted from the total supply so that you can understand if people are buying NFTs or if there is wash trading going on.
This way, you will easily understand what’s happening while any project’s minting process and whether NFT is worth buying.
Remember, The more live research you conduct, the more it will benefit your crypto NFT art journey and strengthen your portfolio.
5. Check out Opensea Floor price and Track the Project:
After buying your ideal NFT, track the floor price on the NFT marketplace like Opensea and understand whether it is good to flip your NFT to make money or it will be good to hold it for future benefits.
Think wisely about your investments and take action for the benefits of your investment that help you strengthen your portfolio and earn a good amount of money.
Track the NFT project, follow it on Twitter, and join the discord to understand more about the NFT project so that you can easily understand what’s going on and what will be the future plans of these NFT projects.
By doing this, you can easily understand and quickly analyze NFT projects by yourself to understand whether you need to hold the NFT for future benefits or flip it to earn money.
This is how you can easily research and find your ideal NFT projects from the NFT market space to invest in and strengthen your portfolio.
The Bottom Line:
You have to understand and learn all the crypto and NFT rules to become a pro-NFT investor and make your crypto literacy neat and wise. This way, you can easily invest and learn more about NFTs and NFT projects happening all around the NFT market space.