Choosing and Buying into NFT Projects

Are you interested in investing in an NFT project? Maybe you've started researching where to make your investment, but are overwhelmed by the choices open to you?

That's exactly where I was when I first contemplated investing in NFTs.

I'd spent so much time on Twitter exploring the topic that my feed was jammed full of forthcoming NFT projects, each looking to entice buyers into investing. 

Here are just a few examples:

Would you invest in the Dead Army Club?

Or how about a Metaverse NFT?

Or a Solchick?

The choices are baffling.

Even if you're persuaded of wanting to own an NFT of a zombie, a robot or a cute chick, how can you be sure that the project itself has merit?

• Will the money you spend buying into the project be likely to yield a profit?

• Is the project likely to last for the long-term or are its creators merely trying to sell a load of JPEGs to raise a few ETH before disappearing into thin air?

• Is there evidence of the NFTs produced by the project being desirable and offering the potential for appreciation of value in future?

• Is there an established community of collectors, and a motivated team of creators behind the project?

Even if you can find answers to these questions, you may still be wondering how you go about buying into a project - either to invest in an NFT that's already been minted, or to mint one yourself as part of the initial drop.

• How does minting an NFT as part of a project drop even work?

• What do you need to have in place before investing?

• Do you need to worry about the concepts of floor price, bonding curves and pre-minting?

• What about the gas fees involved in minting?

  
  

These are the kinds of questions I had on my mind as I set out to buy into a commercial NFT project as a collector and investor.  

I was motivated to get involved - after all, the NFT marketplace is in its infancy. I just didn't know how to screen projects or to mint an NFT when I'd chosen a project.

Many have become very wealthy by investing in the better known projects such as CryptoPunks and The Bored Ape Yacht Club. While I didn't have tens of thousands of dollars in ETH sat around to buy into one of those projects, I wanted to learn about NFT investing by actually making an investment in a new project, without picking a scam or a dud. 

So I set out to learn by doing. I've documented the exact process I followed in this eBook so you can do the same.

This eBook offers a comprehensive guide to the steps that I followed to evaluate NFT projects and to understand what makes them viable as investment prospects.

It also provides an illustrated guide to the steps you need to take to mint your first NFT within a project, by capturing the exact process I went through in selecting and minting one of the NFTs that I now own.

This eBook doesn't constitute financial advice or a recommendation of the projects, products or tools that I have chosen to illustrate.

But what it DOES provide is a step-by-step guide to the process you can follow to select and evaluate an NFT project, and then make your first investment. 

The time to get involved with NFTs is now. Many people have made a great deal of money by investing in NFTs already, but the entire space is still in its infancy. If you feel like you've missed out - be assured that you haven't. 

This guide will show you exactly what you can do to get involved today.

If this sounds like something you'd value, I hope you'll grab a copy. 

Thanks

Toby