Original author:Dinzz，H.Forest Ventures
Original author:
On the morning of January 18, local time in the United States, Microsoft announced that it would acquire Activision Blizzard, a game developer and interactive entertainment content publisher, at a price of US$95 per share (a total of 68.7 billion yuan), which became the largest transaction in the history of the game. If you don’t understand this passage, you don’t know why Microsoft spent 60 billion dollars to buy a game company, great, congratulations, your life is very good, you have not been captured by Ubisoft, Sony, or Tencent Become a gaming nerd.CryptoPunksAlso on March 14 this year, an event that shocked NFT players no less than "Microsoft's acquisition of Blizzard" happened: "Yuga Labs", the parent company of Bored Ape Yacht Club, acquired the Larva Labs created the famous
and Meebits series NFT, while Yuga Labs also purchased 400 CryptoPunks and 1,700 Meebits from Larva Labs, but the amount involved in its intellectual property and asset purchases was not disclosed.
If you can't understand this passage, it's not very good.
What is NFT?
What are NFTs?
NFT, that is, non-homogeneous tokens, can be distinguished from homogeneous tokens such as BTC and ETH. Each of the homogeneous tokens is the same, and one of my BTCs and one of your BTCs have the same value and cannot be distinguished. However, the value of each NFT is different, and its value is reflected by their external style or hash value.
The form of NFT can be a picture, a piece of music, a piece of video, or a game character, a game prop, etc. The smallest unit is 1.
If you still don't understand, let's use punks and bayc as an example?
If you still don't understand, let's use Punks and BAYC as an example?
Cryptopunks
Let's take a look at some of the most popular NFT blue-chip projects:
*Floor price: The lowest pending order price in an NFT collection.
#cryptopunks 5822
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Bored Ape Yacht Club
This pixel villain wearing a blue turban was sold at a price of 800ETH, which is about 23.7 million US dollars.
This should be one of the most popular NFT projects. The blue monkey avatar of NBA star Curry comes from Bored Ape Yacht Club, an upstart in the NFT field, and is also known as the ETH of NFT. On April 12, 2022, the floor price is 113ETH, which has surpassed Cryptopunks. The sudden emergence of BAYC is inseparable from the empowerment of the excellent operation of its project party Yuga:
1) Yuga uses it as the membership certificate of the club;
2) Airdrop Mutant Ape Yacht Club NFT (2022.4.12 floor price 26ETH);
SandBox
The above two items may make you feel that "NFT is a picture of an avatar", but in addition, you must have heard "xxx layout metaverse, bought a piece of land in xxx and spent xxxETH" news. For example the following game:
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Sandbox game SandBox
What other types of nft are there?
What other types of NFTs are there?
PFP
Profile Picture: profile picture. The Punks and BAYC mentioned just now belong to this category and can be used as avatars on social platforms. And this is also the place that is ridiculed the most. For example, we often hear people ridicule: "XXX spent XX million dollars to buy an avatar". In fact, holding NFT is because people want to use a collection of NFT to find people with the same consensus, especially when this NFT is valuable, its function can be equivalent to a luxury. By the way, there is a customary rule in this circle - that is, you can only use your own NFT as your avatar.
Metaverse
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Art
Art Blocks is a platform for randomly generating artwork. The platform has multiple collections of programming codes generated by random numbers. Each collection is a theme, and the number of NFTs for each theme is drawn up in advance.
Opensea Art Blocks Collection
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Game
one of the collections
Collectibles
Like real-life collectibles, artists permanently store their work on the blockchain. Beeple draws a picture every day, and 5,000 days of works make up this "EVERYDAYS: THE FIRST 5000 DAYS", which was successfully auctioned at Christie's in March 2021 for $69,346,250.
Beeple《EVERYDAYS: THE FIRST 5000 DAYS》
Music
In real life, music copyright issues always plague every music creator. Making music into NFT and publishing it on the chain provides a new idea for solving copyright issues.
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team
team
team
project information
white paper
The integrity of the official website and white paper, whether there are traces of plagiarism. The total number of project NFT, whitelist quantity & acquisition method, mint price, mint time.
route map
route map
Community consensus
Community popularity/consensus
Here is a feature of NFT. The individual value of NFT varies greatly, and its liquidity is poor. The value is determined by the popularity and consensus of the community. The floor price is the embodiment of the value of NFT. But once the heat disappears and the consensus is shattered, NFT will not be sold if no one buys it, and it will instantly return to zero and be worthless. Therefore, checking community popularity and consensus is a very important part of judging the value of NFT. At present, we mainly observe the popularity of Twitter and Discord.
Twitter: Number of followers, account creation time, number of tweets, number and quality of retweets and likes, how many NFT circles are in the follow list, and how many NFT KOLs follow the project.
IP
Discord: total number of people & online people, operational capabilities (see if the team is familiar with web3 operations & gameplay), etc.
IP is an important part of gathering community consensus.
Ali and Lengtu are well-known cartoon characters in web2.
aesthetic
aesthetic
aesthetic
Different from hard-core technical projects such as public chains and oracle machines, NFTs are mostly expressed in the form of pictures. At the same time, NFTs also entrust the emotional fetters of investors, so aesthetics is also an important part of NFTs.
Trendy style of painting: I have to say that BAYC is very in line with the understanding of trends in Europe and the United States.
Cute style: In the NFT market full of cool monkeys, dogs and cats, the cute, simple and humanoid Doodle stands out.
"Cool" style of painting: The "cool" style of the clone co-branded by Takashi Murakami and nike...
celebrity effect
celebrity effect
From Curry's admiration to Takashi Murakami's own release of NFT, celebrity effects are also quite important in this circle.
PhantaBear (known as "Jaylen Bear")
enable
enable
Dao/club tickets: NFT KOL LaserCat397's DAO tickets, holders of this NFT can enter the LaserCat397 community and obtain high-quality NFT information. On April 12, 2022, the floor price also reached 3.32ETH.
Exchange NFT for physical objects
theme
theme
female
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Chinese style
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imitation disk
NFT also has imitation discs, and imitation discs are also valuable. You can see a lot of Punks and Ape in opensea. They use the same or similar elements, or directly mirror and reverse them, or use elements of two or more projects to form a new project. The quality of imitation disks also depends on the quality, but generally speaking, the first few imitations of a new blue chip have a good market consensus, but the popularity is not maintained for a long time, and generally it needs to be fast in and fast out.
Punks imitation plate
BAYC imitation plate
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Production costs
Production costs
Why are the nfts of the same collection different in value?
NFT introduces the dimension of "rarity". People always pursue individuality and uniqueness different from others. For example, among the 10,000 apes in BAYC, 120 (1.2%) blow balloons, and only 2 (0.02%) elements of the crown. Rare things are more expensive. Generally speaking, the smaller the number, the higher the value. Of course, there will also be aesthetic deviations, and if you like it, it is worth paying more premium.
BAYC
According to the rarity, the NFT of the entire collection is usually sorted, and the ranking of the NFT of the project can be checked through the following website.
NFTNerds | The best NFT insights
TraitSniper - Fastest NFTs ranking platform
ALINFT #8880
How to find nft that can be invested?
How to find NFTs to invest in?
The investment methods of NFT and other projects are quite different. There is no institutional investment and financing, and the market value calculation method of floor price * quantity is not very reliable. NFT participants are basically divided into project parties, large investors and retail investors, so the investment method is also somewhat different from conventional projects.
How to issue nft
Direct purchase of NFT from the distribution channel of NFT is usually equivalent to the first-level investment of traditional Crypto projects, and the distribution methods of NFT mainly include:
whitelist
whitelist
Most NFT projects at this stage adopt a two-round sale model, and the first round adopts the form of a whitelist for mint. The way to obtain the whitelist usually adopts the following methods:
*Twitter lottery: *The lottery will be drawn by the project party or the cooperative KOL, and it is generally required to retweet likes and @friends.
*Complete community tasks: *High-quality projects usually have more investors to participate in. In order to build community consensus and increase the whitelist threshold, the project party usually requires investors to complete corresponding tasks to obtain the whitelist. For example, inviting friends to Discord, or requiring Discord to reach a certain level, or simply asking investors to draw project IP fan works, etc.
*Hold other projects NFT: *This is a way for NFT to interact and empower each other.
dutch shot
Free+gas
The blue-chip project Azuki used the Dutch auction method for sale. It was first sold at a higher price, and the price gradually decreased over time until it was sold out. Even so, Azuki was sold out at the initial price Ξ1, and the floor price reached 22.9ETH on April 12, 2022.
How to discover nft
Ways to discover NFTs
data curation site
Best Upcoming NFT Projects: Never Miss NFT Events, Launch & Auction
Notion – The all-in-one workspace for your notes, tasks, wikis, and databases.
Use the calendar function of the data organization website to view the NFT that will be issued immediately.
Information via Twitter
The project party or the cooperative KOL will conduct the extraction,and it is generally required to repost likes and comments and @朋友. You can pay attention to NFT KOL and mutual fans
And search Tag #whitelist to discover new projects.
By gas exception
1. The gas exception is found through the browser plug-in.https://compass.art/collections/minting2. Enter the tool website
Query the projects that are mint. (The project burns a lot of gas, indicating high heat)
3. Find the project official website through the details page to carry out mint.
By monitoring smart addresses
Smart address collection method: check the addresses purchased in the early stage of the outbreak of hot projects, check the winning rate in the past, eliminate the false and save the true, and check their minted projects daily.
The method of abnormal gas and smart address is most suitable for the first two imitations of new blue chips. Although there is not much time to analyze, new blue chips often have a hot spot effect, and the first two imitations are seriously fomo.
Most of the projects cannot be obtained through the first-level method. An investment project library can be established to track the progress of quasi-blue-chip projects and then invest.
focus onfocus on；NFT Burning Leaderboard；NFT transaction volume increase listThe number of mint per unit time
;Twitter, the frequency of the project appearing in the community. Through the above data, projects with certain popularity will be collected for further analysis.
Score the project through the NFT value judgment model.
Follow the project party on Twitter to track progress (especially familiarity with the project roadmap).
