There are a lot of scams and shit projects. However, some are amazing and have great value.
So first – make sure it’s Legit.
Be active – check the website, the artist, and who stands behind it. Try to answer questions –
– Do they have any other collections?
– Where is the value from? is it only art or is it more than taht?
– How much do they sell?
– What is the roadmap of the project?
– What is the floor price (the community’s price, the lowest price, and sellers reject anything below)?
– Are they going to do floor sweeping? (Buy any NFT’s below floor price)
– Does it have an active community?
“Floor Price – the community’s price,
the lowest price, taht sellers reject anything below”
You can find out EVERYTHING online by performing a quick search.
The second thing – remember, this is art.
So maybe it will not look like something to you but sure will work for others.
