- Jul 29, 2012
- 4,733
- 5,519
Got a Noiaduck for 13 Sol last week. Discord was down, and there was lots of FUD, so caught it on sale. Keep an eye out, might be another chance to get in low.pdino Any recommendations on where to read up on upcoming SOL NFT projects? Im so mad i missed out on noiaducks.
Upcoming projects here: https://howrare.is/drops
I'll give you fair warning, I've had to learn the hard way on a lot of projects, but I've got a system now:
1. check out their twitter/discord (check active members, engagement, keep in mind can have bots), check for REAL engagement (likes, retweets, shares), not followers (can be bots).
2. If there's 10k supply and 3k followers, it's probably not going to sell out. If you still like the project, buy off the secondary market. 90% of the time I'm buying off secondary market.
3. 90% fail miserably, have 0 to little value within a week
4. There's a big re-seller community (like in shoes), they'll be paperhanding <mint or selling at mint day-of.
5. Compare how many are listed on the secondary market to how many were minted. If there were 10k minted, and 5k are on the secondary market at mint, price is going to trend downward, because that's too many people wanting to sell.
Just be careful