NFT projects have seemed to divert from what once was traditional minting, to now requiring potential buyers to join whitelists to access the pre-sale
NFT projects have seemed to divert from what once was traditional minting, to now 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 potentially increase their 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 to look out for whose projects are waiting to launch.
Invisible Friends
It’s hard to miss this project, despite its name implying they are invisible. Created by Markus Magnusson, Invisible Friends stealthily 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 including other NFT projects, 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 whitelist spot, otherwise known in the community as “bing bongs.”
Hoping to get a Bing Bong for @InvsbleFriends
https://t.co/81pt5vMsIP
— Nicks_NFT’s 10yr Old Artist (@NicholasNFT) January 25, 2022
The collection will consist of 5,000 animated invisible friends, who were originally set to mint in January, but has since been pushed to sometime in February. The minute delay leaves some time for investors to snag their limited whitelist spots.
According to the Discord, Invisible Friends aims for the project not to have a public sale, suggesting a presale sellout although collectors are limited to one mint per wallet. Since it’s a part of a collective, 2,500 holders of Slim Hoods and Mood Rollers have reserved spots on the whitelists, while other rising NFT collections such as DeadFellaz were given 10 whitelists spots for their respective holders.
To date, Invisible Friends has not disclosed its minting price which can create some speculation that it may not be cheap, yet this has not stopped the hype and fandom the project has received.
As the community says: #TuestTheProcess (a spelling error that has stayed in play.)
Goonies
The Goonies is reminiscent of The Looney Tunes turned into modern day gangsters. The Goonies, are allegedly created by “the minds behind X-Men and Transformers” potentially making it a promising project. Goonies intends to be a metaverse racing game where Goonie owners can earn its in-game token, GANG.
The collection is a supply of 8,888 Daffy Duck-inspired Goonies, whose whitelist access rewards early investors at a cost of 0.15 Ether each, whereby public minting will cost 0.25 Ether each. Similar to Invisible Friends, Goonies’ minting date is still to be determined but will occur sometime in February.
Another Sneak Peek: Big Blu – Bomber Goon
Giving away 10 whitelist spots on this tweet
– Follow @GooniezNFT
– Like & RT
– Tag 3 FriendsWinners will be announced in 3 Days pic.twitter.com/Rx8R7C1f7r
— Gooniez Gang NFT (@GooniezNFT) January 22, 2022
It still remains unclear when the presale will occur other than sometime in February where collectors are limited to two Goonies per wallet address. Quickly growing out over 80,000 followers on Twitter and over 100,000 Discord members, it seems the method to a whitelist spot is working.
Goonies guides whitelist prospects on its Discord server on “how to whitelist,” and reminds users that meeting the criteria to get on the whitelist doesn’t guarantee a spot since they are “handpicked.”
By prioritizing its community, the project reserved whitelist spots for members and provides live updates of the number of spots filled. Currently, the fresh to the scene NFT collection has 931 whitelist spots filled out of the 3,000 reserved for the community.
KaraFuru
KaraFuru entered the NFT scene on January 17, 2022 and the project is well known for its vibrant colors and has grown hot among art and toy collectors. Since its arrival, it has expanded…
cointelegraph.com