Are those so-called NFT wealth codes really opportunities?
Some time ago, this so-called summary chart of the opportunity to get rich in 2021 and 2022 was wildly circulated in the Chinese community.
At first glance, each project looks familiar, and it does bring a certain amount of benefits in the short term. At second glance, how can all kinds of projects no matter good or bad be summarized? In the long run, can these really bring opportunities to become rich? Doesn’t it play us for suckers?
Leaving aside the fact that BAYC and cryptopunks, which have become a big benchmark in the NFT circle and have proved their status through multiple tests. And in terms of opportunities in 2022, I’ll start by saying my conclusion — Phanta Bear, GuoChanLiangXin, etc. are all invaluable projects.
Some people will say that I bought NFT for short-term gains. I bought it at a low price, sold it at a high price, and made money. If this is the case, the following article may not be of any benefit to you. This article is mainly to let the poor guys say goodbye to the FOMO mentality and go to find truly valuable projects.
NFT without design is JPG without soul
Let’s talk about Phanta Bear first. Its heat has not decreased before the Chinese New Year. The highest floor price has risen to 8.8E. And the current floor price is 0.74E. I don’t know how people who buy at high prices feel.
First of all, judging from the scalability of Phanta Bear’s own elements, it has already lost a lot.
First look at the design framework, Phanta bear’s visual elements are too full, and its color design saturation is relatively high. Each bear is not similar. Compared with Doodles, the gap is obvious.
Visual design is the foundation of operation, and it is more difficult to operate without a sense of visual identity. Although the team of Phanta Bear has been operating, the follow-up has not brought any brilliant operation events to everyone.Apart from issuing some festival-specific NFTs, there is no eye-catching operation. If there is no way to empower NFT in the long run, and the community operation and mass base are not enough, then NFT will eventually be unable to escape the fate of returning to zero.
The popularity of Phanta Bear is mainly due to Jay Chou’s star effect, but now, can the star effect really last?
Perhaps you will refute, saying that Curry and many other celebrities have bought BAYC, but the premise is that when they buy BAYC, it already has a certain foundation, the floor price is not low, and the community has also developed very actively. The most important thing is that they bought it voluntarily, not who gave it away. BAYC does not need to rely on their fame to develop. They are just icing on the cake.
In the final analysis, the Phanta Bear has to depend on Jay Chou to survive. Without Jay, this project would not have so much attention. Therefore, when you buy NFT, you should pay attention not to be affected by the popularity of celebrities. The value of NFT ultimately depends on itself.
Curiosity killed the cat, FOMO psychology is undesirable!
The psychology of FOMO and watching the scene of bustle are really undesirable on NFT!
Take the “GuoChanLiangXin” say , under the banner of the Chinese do not cheat the Chinese, the price is 0.01 E. The highest floor price is 0.2E, and the current floor price is 0.068E. In fact, the probability of buying and then selling is very small. Few people will go to the secondary market to buy it.
Look at the roadmap of GuoChanLiangXin. I can only say that the operation of this team is really too powerful, under such a roadmap, they can also complete the goal of selling JPG in advance. I can only say to them, good job!
Of course, it is not ruled out that everyone joins in the fun and FOMO mentality, and feels that such a project has already succeed at operation, and will definitely make more money in the future. In this way, the NFT bought with a lot of money was turned into a JPG.
Yesterday I was lucky enough to participate in a sharing, and a mogul’s point of view objectively reflects the current situation of the NFT market — The current NFT market has gradually cooled down. It is difficult to make money in the secondary market, and many NFTs have fallen below the mint price .
Many NFT projects may earn more money from selling whitelist than from buying and selling in the secondary market. Of course, these projects listed in the picture at the beginning have already doubled by more than ten or even dozens of times. And there are many projects that we can’t see, which slowly return to zero when we don’t know. These projects are likely to have a large number of customer engagement mints at the beginning, and finally they unknowingly be played for a sucker.
If you want to know how to buy NFT, you can look at this must-read guide for NFT written by CryptoGeek before. I believe you will get something after reading it.
https://twitter.com/CryptoGeekCG/status/1485930749404803077?s=20&t=FuWup7QeVrgI2CLkfcpX5w
The NFT market has exploded since 2021, and the popularity has not declined until now. More and more new projects have emerged, with mixed advantages and disadvantages. As a sucker in the cryptocurrency circle, what we have to do is to get rid of the FOMO mentality and analyze the project from the fundamentals: how about the visual design? Is the cultural dimension broad enough? Will the operation be flexible? How about the resources? Are there any future plans and scenarios? This can reduce the probability of stepping on the pit.
Of course, it has to be admitted that everything will decline after its prosperity. The NFT market has been hot for so long, and there will inevitably be a cooling-off period. We don’t know when it will come, but everyone needs to be mentally prepared. After the market cools down, the ones that can survive are basically good projects. At this time, you can buy NFTs without worry.
I wish everyone can choose a valuable NFT project that you like.
