How To Find NFT Projects Early?

Finding NFT projects early on can be the key to reaping significant rewards in the world of non-fungible tokens. With the growing popularity of NFTs, more and more projects are emerging, and it can be tough to know which ones are worth investing in.

However, being able to identify promising NFT projects early can give you a head start on the competition and allow you to take advantage of the potential for high returns. In this blog post, we will explore how to find NFT projects early and stay ahead of the game in the fast-paced world of NFTs.

Looking For Ways to Find NFT Projects Early Coining

Our quick guide will help you maximize the returns on your NFT investments. So how to find good NFT projects early?

Wondering how some NFT enthusiasts make amazing profits from token flipping? Is it pure luck or their uncanny ability to spot great NFT projects early others? While luck is important, the huge profits made by early adopters of successful projects like Cryptopunks, Bored Apes, etc., testify to the early identification of good projects for supernormal profits.

However, the proliferation of the token art space has made it increasingly difficult to spot attractive new NFT projects in time. In addition, avoid investing in destructive projects can help prevent insurmountable losses. Therefore, we have listed a few ways to keep track of profitable find NFT projects early their public launch.

Ten ways to discover profitable NFT projects

1) Research NFT projects – Find minting projects in advance

Conducting detailed research on NFT projects helps to recognize excellent find successful NFT projects early their official mintage. How to find NFT projects early, what’s the first step? The best place to start your research early is the project’s official website. A potentially profitable project’s web page should include the following

• The project’s description, history, vision, mission, creators, branded artists, and roadmap.
• Community tools.
• Token distribution system.
• Benefits for members.
• Access rights to the collection’s galleries, members-only virtual spaces, etc.
• Provenance records.
• Project terms and conditions.
• Privacy policy.
• Governance and voting frameworks.
• Links to the project’s social networks and underlying smart contracts.
• Important announcements about technology updates, derivative works, NFT marketplaces listings, presales, auctions, etc. 

2) Project Roadmap Analysis

A solid roadmap with long-term action plans is the foundation of any successful NFT project. In addition, a well-drawn roadmap builds investor confidence, driving demand for find NFT collections. In addition, the best projects continually roll out new features, related collections, technology migrations, etc., to foster community growth and sustainability. Therefore, studying NFT project roadmaps helps potential find upcoming NFT projects in advance.

Typically, a project roadmap will include the following

• Information about NFT drops: date, time, and mintage price
• Upcoming events
• NFT rarity levels
• Product launches
• DAO information.
• Exclusive benefits and rewards
• Gifts and free releases.
• Complementary, companion, or hybrid NFT releases.
• Yield cultivation utility sheets.
• NFT showcases.
• 3D models are compatible with the metaverse and NFT game, in-game utilities, etc.

3) Twitter: The best platform to follow and shortlist early NFT projects

Twitter is the go-to platform to find everything related to a new NFT project in its initial/early stage. As the most sought-after social network and digital advertising platform, many NFT projects, and web artists, market their creations and collections on Twitter.

Typically, the larger the follower base of a project’s creators, the greater the credibility and perceived value of the project. Consequently, the follower base of a project increases, further increasing its value.

In addition, Twitter allows external links to be shared. Thus, the Twitter profiles of most upcoming NFT projects contain links to their websites, Discord server, Medium blogs, and other social networking pages. In addition, important updates, delivery schedules, and roadmaps are posted on Twitter.

Please be aware that there are loads of scams right there, you might want to check our guide on how to avoid NFT scams.

4) Nansen: AI-enabled blockchain analytics app to identify fantastic NFT projects in advance

Nansen is an AI-enabled blockchain analytics app for Ethereum. It augments blockchain metrics with easy-to-remember wallet tags.  

Nansen helps users find new investment avenues, perform due diligence, and set custom notifications to safeguard their portfolio positions. 

In addition, Nansen tracks behavior, activity, and transactions in the chain of notable wallets down to the most granular level. Dissecting the movements of whale wallets helps you identify fantastic upcoming NFT projects early. Typically, the greater the diversion of funds from notable wallets to a particular project, the higher the estimated profitability of the project. 

5) Discord: The best community tool to find the first NFT drops

The success of an NFT project is proportional to the power of its community. The larger the community, the greater its strength. Therefore, a thriving community is a telltale sign of a great NFT project.

Discord is the highest-rated invitation-only application for community building. Therefore, many new NFT projects have Discord accounts to fuel community participation and growth. The greater a project’s community participation on Discord, the greater its profit potential and reliability. In addition, project-related analytical information is shared on Discord, such as drops, whitelist wallets, developer updates, etc. We highly encourage you to search NFT projects in discord.

6) OpenSea: NFT Marketplace to find new NFT projects

OpenSea, the largest NFT market emporium, ranks projects on Ethereum, Klaytn, and Polygon based on trading volumes. It also shows the minimum price of each project, the number of unique owners, and the total number of items in the collection.

Similarly, OpenSea’s activity tab shows live sales of individual NFT marketplaces, with the most recent sale at the top. To monitor the sales activity of a specific project, choose the corresponding filter to view the resale frequency and last sale price of individual tokens in the series. Typically, high-profile projects have ascending graphs of average price and all-time sales.

7) Online NFT calendar websites

A pioneer in publishing NFT market drop calendars with the most recent, past, ongoing, and upcoming NFT releases, NFT Calendar is a premier website to find exciting NFT project in advance. It promotes NFT hosted on multiple blockchains such as WAX, Solana, Ethereum, etc.

Generally, NFT pitches with a verified badge come from branded artist stables and are considered more reliable than unverified pitches. Therefore, the higher demand and accumulation of verified projects increase their perceived valuations. Subscribe to the NFT Calendar email newsletter to get your hands on lucrative NFT collections in advance.

8) Rarity tools: Great tool to evaluate the rarity of NFTs for new projects

The rarity of an NFT is the main determinant of its market price. The higher the rarity of a generative or collectible great digital art token, the higher its resale value and consequent profit potential.

Rarity tools is a top-notch tool for calculating the rarity score of a given NFT. It ranks each collection in descending order of rarity scores, meaning that the NFT with the highest rarity score will be number 1, and so on.

Rarity tools sum the rarity scores by trait to calculate the aggregate rarity score of an NFT. It also facilitates the relative analysis of individual tokens belonging to the same collection. Check the rarities of “newcomer” projects in rarity tools to estimate their future profit-generating potential.

9) RyzenNFT: Find upcoming Solana and Ethereum-based projects ahead of time

RyzenNFT is a google chrome extension that encompasses unique tools to find upcoming NFT projects based on Ethereum and Solana ahead of time. It links you directly to the websites of the droplet detectors with a time countdown.

In addition, RyzenNFT’s gas rate prediction and preset functionalities help to set a maximum gas price and identify amazing NFT projects.

Typically, the higher the NFT drop, the bigger the gas war. The contract sniper functionality helps identify undervalued NFTs and buy them quickly during live minting, while the built-in rarity tracker allows you to calculate NFT rarities and rankings directly in OpenSea. Thus, RyzenNFT is a complete NFT analysis package for finding great NFT project in the pre-launch stages.

10) Icy.Tools: NFT tracking and analysis tool for finding early NFT projects

Icy.tools is an NFT tracking and analysis tool that helps you find valuable good upcoming NFT projects early. It displays real-time mintages, hottest collections, market patterns, and NFT metrics such as minimum prices, traded volumes, and transaction history.

In addition, it allows users to schedule their inputs and outputs by analyzing whale portfolio activities, sales trends, price charts, token rarity, chain data, curated feeds, and custom alerts.

Moreover, the development team constantly builds innovative NFT alpha toolkits to enrich NFT’s data feeds, token analytics, and market watch lists.

What is the best strategy for identifying high-profile NFT projects early?

How to find NFT projects early and to identify high profile NFT projects? There is no single strategy to help uncover high-ROI NFT projects early. Analyzing the project website, Twitter and Discord is a must. But the other techniques should also be explored before embarking on NFT investments. However, the Nansen and Icy.tools require users to pay a nominal fee to unlock their premium features. RyzenNFT is expensive and sold as NFT, but a profit can be made by reselling it. Other platforms to evaluate early NFT projects include Instagram, Youtube, Reddit, and Telegram.