Crypstack Swap
March 29, 2023

What is NFT?

Let's go through the following points:
• The main earnings in the NFT field
• Where are we looking?
• Research
• A WhiteList
• Rule of 2 "NO"

Exchanges without KYC here 👉 discord.gg/sckfUHxvxD

NFT is an acronym that translates to non-fungible tokens, where each token has its own characteristics and is unique in the market. The easiest way to explain it is with an example: you have $100 and I have $100, we exchanged these bills and each kept his own, but with NFT it will not work like that, since when exchanging them, one will be in the plus and the other in the minus, because some NFT will be more rare due to less popular characteristics, another less valuable.

An overview of the characteristics of each NFT. Characteristics are shared locally, within their collection.

The main earnings in the NFT sphere

There are several types of earnings in the NFT sphere, but the main ones can be singled out as hold and flip, where in the first and second method we will mine NFT

MINT - the initial purchase of NFT through the developer's site or a third-party platform, when the NFT is created in the blockchain and we become its first owner.

HOLD - long-term investment in the project. Having studied the project, we understand that it is more profitable for us not to sell NFT for a long period of time, since the project brings something new to the crypto world and its development will be a prospect for users.

FLIP - quick earnings when we mint NFT and instantly put it up for sale. We flip in most cases, as it is a safer way of earning. I will show HOLD and FLIP on the montage, then insert them with inscriptions

Where are we looking?

First of all, this is our Twitter, where we can find a project at the earliest possible stage of development based on #NFT, recommendations and subscriptions of famous people, which will allow us to investigate it in more detail and more chances to get a whitelist, which will allow you to replace nft faster and cheaper / spend less money on commission / flip with more profit. You can also search in various calendars, marketplaces and launchpads.

Marketplace is a secondary market where you can sell your NFTs after minting. Marketplace is a simple exchange for NFTs only. Marketplace OpenSea, MagicEden.


Research

For research on NFT projects, third-party tools and technologies are used to reveal more information, but Twitter and Discord are the main ones for us.


1. Joint subscriptions
2. Active audience
3. Cheating
4. Team work
5. Audience quality


WhiteList

After we have decided to invest in the project, one of the most interesting options will be knocking out the whitelist. Whitelist - a role in Discord that opens access to the chat, where we enter wallet addresses and receive a whitelist. Whitelisting is needed to exchange NFTs faster, avoid high fees and quite often get NFTs at a cheaper price. If you do not have funds for investment in the project, but it is clearly a profitable collection, then you can make money on VL. After receiving the VL, we can sell it on the market and get the first profit only by spending our own time.

Cases with WL where we make money:

• DAPE - $3000

• Imaginary Ones - $2500

• KARAFURU - $2000

• Invisible Friends - $4000 (before mint - $7000)

Now the WL of good projects can be sold for up to $1,000, which makes this activity quite profitable.

How to beat WL Each project informs about the rules for obtaining VL and most often this is activity in chats, help for newcomers, fan art (drawings of nft or images of your attitude to the project) and participation in raffles

Rule of 2 "NO"

1. More than 10,000 Twitter followers?
2. Likes/comments/retweets more than 1% of total followers?
3. Are more than 10% of the total number of members online in Discord?
4. Are the Discord chats active?
5. Is the team active (check in announcements)?
6. Is the project hyped?

If you received more than 2 "No", it is advisable to skip the project

Exchanges without KYC here 👉 discord.gg/sckfUHxvxD