Nonfungible token (NFT) projects seem to have been diverted from what was once traditional minting to requiring potential buyers to join whitelists to access the pre-sale before the collection goes public.
This means investors keen on obtaining a sharper edge aim to get on as many whitelists as possible to increase their potential return-on-investment when the NFT is eventually sold on the secondary market.
CryptoBatz are being minted today on their website for their whitelist holders today for 0.088 ETH ($283.55 USD).
Their current floor price on Opensea, 1.99 ETH ($6,412.04 USD).
ROI = 2,261.34%
What a time to be a whitelister. Who’s got one? #cryptobatz #ozzy pic.twitter.com/YrwUAXSZ4e
— Hankus NFT’s (@hankuspankus_) January 20, 2022
Navigating through an increasing amount of whitelist prospects can be daunting. Sorting through projects whose aim is simply to “engagement farm” and cash-out versus long-term visionaries and players is time-consuming.
It’s turning into lowkey squid games to get onto whitelists and I’m not totally here for it tbh
— Tommy Wilson (@tommy_wilson_) January 25, 2022
However, some projects effortlessly create a buzz that resonates deep within the team and community. Here are four whitelists with projects waiting to launch to look out fo.
It’s hard to miss this project, despite its name, which implies they are invisible. Created by Markus Magnusson, Invisible Friends entered the NFT ecosystem on November 17, 2021, and has since amassed over 300,000 followers on Twitter.
so far so good pic.twitter.com/WYUJcNKKEc
— Invisible Friends (@InvsbleFriends) December 2, 2021
Invisible Friends is a part of the “Random Character Collective” known as @RNDMCHARACTERS on Twitter that includes other NFT projects, such as James Curran’s Slim Hoods and Lucas Zanotto’s Mood Rollers. The Random Character Collective Discord server has grown to over 250,000 members as many collectors and potential investors have flocked to its channels for a chance to win a coveted…