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How to Identify NFT Collections with Potential

Investing in NFT is no joke, well, except you have so much money that you can afford to buy a couple of them without your pocket ‘screaming’ for help. This is because there are so many NFT collections popping up in the market daily. In fact, almost every day, you have new NFTs.

So how do you know the ones that will make it?

How do you know the ones that will give you a run for your money?

Do you buy them all?

Well, I don’t know about you, but I do not have that type of money!

Except you’re living under a rock, you would know that NFTs and Metaverse are the ‘buzzing’ words right now. Everyone is talking about it, and as you must have guessed, the two are somewhat related. Let’s do a brief introduction to what NFTs are. If you are already getting bored, jump to the next section of the article.

NFTs are non-fungible tokens. It means they are unique and can’t be replaced. Just like fungible objects in the tangible world: there may be many copies of the Mona Lisa, but only one has the certificate of authenticity.

Did you just copy/paste my NFT??

NFTs can be anything but most times, we are talking about digital items. You can buy and sell NFTs on specialized platforms known as the NFT marketplaces. For example, Opensea is one of the most popular

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Written by Henrique Centieiro & Bee Lee

👑8X Medium Top Writer | ✍🏻AI, Tech, Crypto, Money, Investing, Mindset | 🧠Be part of our Be Limitless community: https://www.skool.com/be-limitless-4003/about

Responses (3)

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Great NFT article!

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Great work Henrique - indeed, ultimately if someone couldn't imagine buying and enjoying an NFT, probably not a good investment when the market is not as hot!

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For people with no experience in NFTs, I recommend you to check out: https://medium.com/@mystmon/nfts-101-ec0e7c8b647

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