Analysis of NFT collections. Why?
Hello, everyone, Just Dreamer🍀 is here again. Today I would like to talk about the analysis of NFT collections. Why, how, and what to do
Let's start with an easy one. What does the analysis consist of?
There are several key factors.
Audience, product, supply, design, roadmap, celebrities, price.
Let's go over everything in order.
Audience
The first thing you should pay attention to is the activity and the number of the audience. If you see a tweet with less than 10k
audience - 90%, the project is weak and should be skipped.
Accounts with 10k - this is a standard minimum, starting from this figure you can further consider the project. If the audience is above
25k, and it is not cheated - this is something very powerful. How do you know if the audience is recruited? It's simple, we look at the number
likes, comments and reposts, if there is 10% of the total number of subscribers - it's good. Also look at how active people in discord.
Product
If it's just a picture, it's unlikely that the drop will be X, simply because 99% of buyers will be flippers. If the project has some kind of product (P2E game, brand, meta-universe, etc.) that's a plus.
Supply
With the exception of TOP collections supply of 5k or more - 99% skip. An adequate circulation right now is 1111-3333. It is likely to trade in the secondary market if the audience of the project 10k+. This is what concerns ETH, on Solana everything is different and any project can shoot like a machine gun
Design
This is the subjective part, but everyone is able to tell the difference between an expensive product from a cheap one. All I can advise you is to choose according to your tastes
Roadmap
Many will say that these are empty promises, and sometimes they are. Nevertheless - here we are looking not only at the items themselves, but also at how much time and effort has been spent in putting this plan together. Just as important is the idea of the project.
Celebrities
If the collection is supported by celebrities, that's a plus, especially if they have some influence in the NFT field. Fans are the best holders.
The image does not show very famous personalities, but with an audience.
Price
It should not be prohibitive at the mint. The standard is between $100 and $400. If the price is higher, there will be fewer X's and a higher probability of a scam (when developers just get money and abandon the project).
So guys, it has been a very exciting journey and you have reached the end, I congratulate you! Now you know about NFT and the most necessary, in my opinion, species. Thanks to everyone who read my article, I tried)
Just Dreamer🍀 was with you.
Well, it's time for me to say goodbye, and good luck to everyone!