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When buying NFT specifically, you should look at the following five things
1. Project Roadmap
2. Community
3. Founders visible in the community
4, Event after release
5, Benefits for the holders
1. is the roadmap clear?
It is very important to know if the roadmap is clear.
If it is clear what the project is going to do in the future,
collectors can trust that project.
It means collectors and price will be increased.
2. How is the community?
This is the most important.
I have seen many NFT projects create a community deserted after release.
If that happens, the price of NFT will never go up.
3. Founders are visible to the community
This is also very important.
If founder really wants their NFT project to succeed, they should be involved in the community and help make it happen!
In many NFT communities, founders are not participating at all.
4. How is Event after release
If you release NFT and no events after release, the price will be decrease.
NFT is just image data so collectors want to see exciting events or benefit after release.
5. Some benefits for the holder?
Currently, crypto market is cooling down a bit!
In such a situation, you should be very careful before buying NFT, which has a high initial selling price (mint price) of 0.1-1 ETH ($130 - $1300) and so on.
As of October 2022, most of the most recently released NFTs are below their initial price, say below mint price. So in short, you are losing money when you buy.
If you are NFT project founder and thinking about the holders, you should keep the mint price lower and no down the price after release. It means bringing profit for collectors.
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