The main point is finding out what

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zihadhosenjm50
Posts: 7
Joined: Sat Dec 21, 2024 6:27 am

The main point is finding out what

Post by zihadhosenjm50 »

The main point is finding out what you can about the people involved with an NFT project. Have they done anything like this before? Do they have any background and experience with tech or finance? Celebrity endorsements don’t count because celebrities are often just paid shills. Do you think Jimmy Fallon actually gives a shit about owning a bored ape? No way. He was probably paid to promote it on his show.

Study the successful NFT projects founders and teams. What singapore buy cell phone number list can you spot across the projects and people involved?

Once you start finding patterns of success, use that information to create a list of questions to ask about the people involved in the NFT project you’re looking into. One example to help clarify here is Mark Cuban is involved with Axie Infinity. Mark Cuban has a track record of success with tech, and business, but then again, he’s kind of an idiot because he invests in garbage DeFi protocols yielding a scammy 500% annually (or something like that), yet ignores the incredible potential of bitcoin.

Again, celebrities, whether they are legitimate investors or not, should not be trusted as authority figures in the space.

OpenSea Research For NFT Projects
Using the search tools on OpenSea and other NFT marketplaces itself is a great way to start finding NFTs. Utilizing the sorting and filtering features is key. A good simple thing to do is start showing projects that only have offers on them.
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