Issue #5: NFT projects hand-picked by Trait Sniper (April 10th - April 16th)
Weekly evaluation of Trait Sniper about upcoming NFT projects highlight
In last week's Issue #4 we evaluated 4 projects due to the uptrend of the NFTs market and as predicted, 3 of them really pumped after the mint with a minimum of more than 5 times the mint value. We find this is a great signal for other NFTs projects to start minting and revealing their projects in the next few days and it’s also a great signal for investors to start spending money.
However, the market is currently suffering a downtrend since last week despite many projects mint successfully. So we think this week, investors should be more careful and be wise when choosing the right project to mint not just spending the money wastefully.
Remember, it’s important to do your own research before investing in non-fungible tokens. These projects can be hard to be evaluated, and many NFTs are illiquid, meaning you may have a hard time selling your collectible in the future. Just because something is an NFT doesn’t make it valuable; there need to be utilities of some sort to make a collection valuable. This could be access to events, discord groups, or simply art with established clout in the NFT ecosystem. Undoubtedly, many NFT projects will fail, leaving investors with a worthless JPEG.
This week we also rather evaluate projects in form of a checklist because we don't have to evaluate something that is obvious to have in any projects (core team, social media, road map, artwork, utility,...). We will give the projects some compliments on what is exceptionally special about them. Let’s take a sneak peek at this week's Issue #5 projects.
1. Ailoverse
About: “The Ailoverse NFT collection is made of 5,000 unique 3D generated Characters with over 1,000 individually sculpted details, working tirelessly on establishing the new world order.” Story
Official link:
Presale date: April 11th, 2022 (10 AM EST)
Public sales date: April 11th, 2022 (10 PM EST)
Total supply: 5.000 NFTs
Presale price: 0.075 ETH
Public sales price: 0.095 ETH
Trait Sniper’s evaluation:
Checklist: Fully-doxxed team, clear roadmap, strong community, unique artwork, decent utility.
Ailoverse is an art-based team that we found very creative in what they’re storytelling to the community and how they vision Ailoverse to be different from others. However, we think despite the unique artwork, Ailoverse NFTs’ utility still needs more development to be really distinguished from other NFTs projects right now in the market. But we think it’s still worth a look when their mint date is close.
2. Shounen
About: “The word “Shounen” is generally defined as a young boy within the age range of 5 to 14 in Japan, but from the way I see it, it is more than a simple term used for mundane categorization.
It is something metaphysical that shapes who we are and what we do, residing in the hearts of those who find freedom in this cruel world and are driven by guiltless passion. I decided to explore this notion of Shounen in the world of NFTs because It has a special place in my identity, and I believe it is what characterizes my artistic style.
As a half Japanese boy who observed the world through the lenses of creative pop culture and endless possibilities, it is in my best interest to share with everyone the innocent curiosity, and playful perception of everyday objects experienced by the Shounen.”
Official link:
Presale date: April 11th, 2022 (11 AM EST)
Public sales date: April 11th, 2022 (5 PM EST)
Total supply: 5.000 NFTs
Presale price: 0.045 ETH
Public sales price: 0.06 ETH
Trait Sniper’s evaluation:
Checklist: fully-doxxed team, decent roadmap, quite strong community, cute artwork, decent utility.
Shounen is an NFTs brand that we want to mention in this weekly evaluation because of its weird but cool-looking concept. It’s hard these days to find something that is somewhat not similar to others so there’s a decent chance we think Shounen could work out. However, we think they should improve the roadmap and utility when owning the NFTs to be more detailed for investors to believe in and hold their NFTs after the mint.
3. Unusual Guest
About: ”Unusual art with an unusual community.
No roadmap, no promises. 100% Art and community.
We have plans for the future but focus on the present.
Be yourself, be Unusual.”
Official link:
Mint date: April 12th, 2022
Total supply: 4.567 NFTs
Mint price: 0.0678 ETH
Road map: TBA
Trait Sniper’s evaluation:
Checklist: fully-doxxed team, no roadmap, decent community, unique artwork, utility to be announced.
It’s just unusual as it sounds. But maybe we need something like this to make difference in the market. We think investors should keep their eyes on this project to see if it is able to make anything unusual but incredible in the future.
WEEKLY HIGHLIGHTS
And here is our weekly highlight section. In this issue, we will focus on the market’s favor and trend prediction.
To begin, we have to thank the Azuki project - the largest Anime based NFTs collection currently, that kept the anime trend in the impulse wave. According to the Trait Sniper pricing database, the AZUKI project continues to hold the floor price of 25.5E (*at the writing time) with roughly 6K ETH weekly volume trade. That has just shown that the Anime-based trend is not out-date yet.
Chart 1: AZUKI weekly floor price
In the last week, we have also witnessed Shinsekai Corp, which is another Anime based NFT project, sold out. Even though the project had faced critics from the community due to the over-allocation issue, completely distributing the NFT collections is considered a huge win for the team. Regarding the market aspect, with the overall floor price roundly quadrupled after launching, from 0.15E to nearly 0.7E, Investors got some nice profit from the project. We predict that there will be some major price changes when the project is fully revealed, so let's watch it out.
Chart 2: SHINSEKAI PORTAL sales chart on the weekly view
Besides the Shinsekai, several huge anime-based projects such as HAKI and HIKARI are ready to be minted on Apr 10. Their minting and performance will be updated late. If you missed out on the Whitelist mint, you can always join the sniper phase when projects are unveiled.
In another hand, Droplets was a non-anime trend project that also completed the distribution of 6500 NFT to the community in the last week. However, with 200E volume trade in 3 days in comparison with 5.1K E volume trade of Shinsekai, we can somehow ensure that the market flavor is still anime.
Chart 3: DROPLETS weekly sales chart
One more factor that keep the dynamism of the NFT market last week was the correction of ETH. It had a slight reduction of about 10%, from the price range of 3500 to 3200. That was the condition that promoted the growth of the NFT market in recent days. If ETH's price continues to hold steady at 3200 in the coming days, we believe that anime-based NFT projects will remain spotlight in the market.
To sum up, the current community flavor is the Anime-based projects, And we strongly believed that, in the upcoming week, maybe nothing is changing in the trend of the market but always watch out for the flipping of the market and enjoy the raise in anime stuff.
Read our previous blogs on how to find a good project.
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DISCLAIMER: This is NOT FINANCIAL ADVICE; we only evaluate NFT projects based on the data given by the community and based on our perspective to help collectors and snipers find the best suitable projects to jump in. Remember to do your own research!