It should be noted, however, that there are thousands of new NFT projects out there, and not all of them have a solid and dependable team. The site will usually include important details such as the project’s description, backstory, vision, creators, and other useful information. With the most general guidance out of the way, let’s get into some specifics about NFT hunting.
On each NFT collection page, users can use the filter to sort the NFTs by rarity. Various rarity tools are available to calculate an NFT’s rarity score, ranking it from highest to lowest. Depending on the popularity and development of each platform, a few that we will mention should be more than enough to get familiar with reliable and reputable new projects. YouTube is packed with reliable and creative channels that follow and research new NFT projects.
- Due to the large trading volume, the company moved from the Ethereum platform to its own dedicated blockchain, Flow.
- Depending on the popularity and development of each platform, a few that we will mention should be more than enough to get familiar with reliable and reputable new projects.
- Using NFT analytics tools can help you filter out the projects with actual hype behind them.
- Additionally, these newsletters can provide analysis and commentary on the NFT market, which may help you make more informed decisions.
Many NFT projects and their respective web artists share their NFT creations and collections on Twitter. For quick access, you can create Twitter Lists of NFT projects you follow and relevant industry leaders who share about the latest happenings in the market. Like OpenSea, Binance is one of the most popular platforms for trading crypto and it’s also a great insight into daily trading volume. The market fees are notoriously low and many users love the simple and easy-to-use app that allows you a better overview of new projects and trends.
How to find upcoming NFT projects
Using NFT analytics tools can help you filter out the projects with actual hype behind them. Several websites allow you to track NFT performance, including Oxalus, NFT OnChained, BitDegree, and Moby. Discord is another great source of information for discovering upcoming NFT collections.
- These events allow you to meet like-minded people in real life and potentially form your own alpha groups with friends.
- On top of that, you can also get NFT project breakdowns based on their rarities and attributes.
- OpenSea has successfully created a robust ecosystem with all the data and NFT shop altogether.
- The site will typically cover essential details like the project’s description, backstory, vision, creators, and other valuable information.
- However, can help you gain better insight into market trends and opportunities for good investments.
When you are thinking about buying an NFT, the most important thing to consider is a rarity. The best NFTs sold for millions are extremely rare and wanted by all the collectors. Rarity.tools is a useful tool for tracking and examining the NFT space. BitDegree is useful for revealing and analyzing various NFT collections from the market. You can find the available NFT collections and go through their data to gain better insights.
Online NFT tracking and analytic tools allow you to find and evaluate NFT projects more easily. For example, these tools can show you real-time mints, the hottest collections, market patterns, and price-related details to help you along your NFT journey. Additionally, they can help users time their entries and exits better based on whale wallet activities, sale trends, price charts, token rarity, and other metrics. OpenSea is the largest marketplace for buying and selling collectible digital assets. The site allows users to browse listings of thousands of collections, including both digital and physical assets. Users can also find out how much collectors are willing to pay for certain items, and even make bids for items directly through the site.
How to do your own research when looking for a new NFT project
While it might seem obvious, the best place to start your early NFT research is with trusted NFT platforms and a project’s official website. For example, you may track a crypto news network or browse an NFT marketplace. The question remains, however, of whether this project has potential. High-quality and potentially valuable collections have massive following and buzz on all social networks and create engaging online communities even before minting.
These are the places where a majority of NFT enthusiasts spend their time. This is why people try to know if an NFT they are planning to buy is rare or not. If you’re considering getting into NFTs, doing solid and extensive research is essential. A solid list of metrics like the one mentioned above and a range of tools to help you is the minimum you should be using. Research, tools, and gained knowledge will help you manage risk as efficiently as possible and ultimately work to keep you safe.
This is the largest NFT marketplace in terms of asset selection and the most frequently used source. You need to open an account and use “Explore” to do your research and browse through rankings to figure out which projects are popular. Upcoming NFT can even help you out with promotions of your NFT projects. Even before your project is launched, you can be in the spotlight to bag better deals after launching through promotions. You can also gain insights and real-time data for all the upcoming NFT events on this platform. If you are looking for a tool that can help you with individual portfolio tracking, this one is definitely an excellent choice.
Our team does all the best for you to know the latest news, the hottest offers, and authoritative reviews. The level of legitimate and interacting conversations and activity in an NFT project’s community can be a good indicator of whether the community is thriving. External links, such as project official websites, Discord servers, and other relevant information, are also available. While it can be difficult to find NFT projects that interest you, I hope this guide will help you find and evaluate what’s available in the ecosystem. Keeping up with new project announcements, whitelisting opportunities, and the latest ins and outs can be overwhelming for newcomers. Technologies connecting the physical and digital worlds are altering human evolution and changing the world we live in.
Note, however, that thousands of new NFT projects are out there, and not all of them have a solid and trustworthy team. It’s essential to assess the risks and try to filter out the bad information. Consider doing detailed research before getting involved or taking any financial risks.
How to Find Upcoming NFT Projects
This makes it nearly impossible for investors to keep track of the trending NFTs. This is also a good way to find out about upcoming events, airdrops, DAO information, utility and so much more. So, do your research and combine all the mentioned methods to find and invest in new NFT projects that you can later sell for a profit. Rarible is one more fantastic NFT platform to follow trends and find new and exciting projects. It’s also good to follow mentions and trends, to discover new users and artists that might get endorsed by bigger companies.
The largest NFT exchange, OpenSea, ranks projects on Ethereum, Klaytn, and Polygon based on trade volumes. It also shows the floor price of each project, the number of unique owners, and the total quantity of items in the collection. NFT or non-fungible tokens are relatively new and many people get overwhelmed with the amount of information found online. That’s why you need to be selective and focus your attention on reliable sources and research each NFT project as you look for the best investment opportunities.
If you have created an account and added any NFT to your calendar, you will get an alert when that NFT launches. This will help you grab all the upcoming NFTs and never miss out on any profitable ones. Oxalus is an NFT analytics platform, where you can find promising Upcoming NFT projects, free minting NFTs, and even hidden-gem NFTs from multi-chain.
A non-fungible token is a digital asset, also called a cryptographic asset. They’re records of digital ownership stored on the Internet, specifically, on a distributed ledger powered by the blockchain. A distributed ledger also referred to as a shared ledger or distributed ledger technology (DLT), is a type of database or a system of information recording.
It’s easy to use and you can connect your MetaMask wallet in a couple of clicks, on the other hand, it might have higher fees but great ranking tools and ways to discover new NFTs. OpenSea also allows you to find rankings and activity and considering it’s the number one marketplace for NFTs it’s also the best place to find reputable and new NFT projects. Discord is a place to meet like-minded people and get the best information first-hand. It’s also a valid way to check a project and discover how many supporters, not just bots, they really have. This is why finding new and upcoming NFT projects might be your ticket into this Web3 universe and one of the best ways to spend less money when purchasing valuable and rare NFTs.
After something has caught your eye, the project’s platform/website is a great place to learn more about a new NFT you’ve come across. The site will typically cover essential details like the project’s description, backstory, vision, creators, and other valuable information. With the most general advice out of the way, let’s move into some of the specifics when it comes to NFT hunting. If you’re looking for ways to explore the NFT space, identify potentially promising NFT projects, and get deeper into the NFT realm, here’s our quick guide to help get you started. While it can be hard to find NFT projects that tickle your fancy, our guide lists some ways you can find and evaluate what’s on offer in the ecosystem.
NFT tracking and analytics tools
The best thing about Rarity.tools is that they can give a rarity score to any NFT. The rarity score will make it easy for you to determine whether it is a worthy investment or not. It is a user-friendly platform that provides detailed information and helps you find lucrative NFTs. NFT calendars showcase the newest, past, ongoing, and upcoming NFT drops. You can find many of them via a simple Google search or by hanging out in NFT communities like those mentioned above.
And if you are looking forward to making profits, you need to collect some rare ones. Users can often join a public group first to gain a deeper understanding of its value before paying for access or an exclusive token to join a closed group. Be vigilant, however, of any group or individual offering you access to “tips or exclusive information” for a fee. The Watchlist feature allows users to add their favorite NFT collections to their personal watchlist from the [Stats] – [Rankings] – [Collections] page. Users can then monitor their own watchlist on both the Homepage and Rankings page after signing into their Binance account.
NFT Drops Calendar also allows its users to submit their own NFTs and list them on the platform for sale. Even if there are thousands of NFTs in a single collection, the rarity and value are not the same. The entire collection of CryptoPunks consists of 10,000 NFTs divided into five ‘Punk’ types.
Crypto.com is another tracking tool that can provide you with all the necessary information regarding the top NFT collections in the blockchain world. Moby is not very popular, but it is definitely an effective NFT tracking tool. Moby can turn out to be really useful for NFT investors and also help them in monitoring their assets. They can act upon their investments and make decisions faster because of shorter window periods of 10 minutes, 60 minutes, 24 hours, and a few more. BitDegree allows you to build your personal portfolio and easily track the progress of all your favorite NFTs. Currently, BitDegree is tracking 357 different NFT collections from 3 protocols.
In addition, OpenSea also includes tools for tracking prices over time, viewing historical data, and analyzing the market trends of individual NFTs. SuperRare is another good choice in terms of exclusive crypto art marketplaces. Here, you can find a curated array of digital artwork produced by prominent artists and creators. You need to create an account with SupeRare, look for projects, and use your digital wallet for NFTs.
Identify Rarity of NFT Tokens
NFT calendar is one of the most popular tools experienced and new crypto enthusiasts use to discover new NFT drops and announcements. You might have heard about popular NFT projects such as SandBox and wonder why you should look for another collection when there are so many established ones on the market. While it’s great and very lucrative to own any popular NFT in your wallet, it’s not the best investment opportunity for many.
There are various methods for calculating the overall rarity of an NFT. This will include different parameters like rarity based on the rarest trait, statistically assessing the rarities, or even taking an average of the rarity of traits. In all these methods, the overall traits of an NFT are considered and not a single trait. So, one can say that less supply creates more demand and drives the prices of those NFTs very high. But the supply value is not the only factor that determines the rarity of an NFT.