How to Track NFT Whales?
NFT, a world full of surprises to be exact. Because every day in the world of NFT, we get introduced to new projects that can be bought and sold for higher prices through the concept of “flipping”. It is like a game, you buy an NFT when its price is low, and hope it sells for more than the price you bought it for. It is like stocks and cryptocurrency.
These days, people want to increase their methods of earning income. This is one passive way of earning income that has gained a lot of traction for quite some time now. Many celebrities have gotten into the world of cryptocurrency and now they are making their way into the NFT world. NFT unlike crypto is non-fungible meaning one NFT won’t be the same price as another NFT. That is the main difference between the cryptocurrencies and the NFTs, and this is the reason why NFTs are unique.
What are NFTs exactly?
NFTs stand for Non-Fungible Tokens, these are tokens that are actually a representation of real-world items such as real estate, artwork, music, pictures, videos etc. These can be bought and sold individually and make it easier for people to buy and sell assets.
This new way of earning has brought in countless celebrities to the fray. We see people like Logan Paul, Snoop Dogg, and many others come into this world. Important thing right now to understand is that since you are trying to get into the world of NFT and want to earn a steady passive income out of it, selling one NFT through flipping, which is a method of buying an NFT at a low price and then selling it at a higher price, one can easily make an entire month’s average salary if they play their cards right and be patient. But for that, you need to find popular NFT Whales.
Steps to find NFT Whales:
First thing you need to understand is, what exactly are NFT Whales? NFT Whales are basically NFT accounts, that have a collection of NFT tokens, it can be their own or it can be bought from other people who have made NFT projects of their own. Basically, anything that is of the source of a media, can be turned into an NFT and anyone who owns an NFT token on the Ethereum blockchain are NFT Whales. So, here are how you can get in touch with NFT Whales and play your cards right to earn money by selling and buying NFTs:
1. Consider finding upcoming new projects via Rarity Tools and Rarity Sniffer.
What rarity tools and rarity sniffer can do for you is that it can help you see the ranking, information, scoring etc. of the NFTs that are rare. The rarer the NFTs, the more the chance that you can get something out of it via flipping, which we discussed earlier on how to do that. You can easily see what new projects are coming up on rarity tools and rarity sniffer and can even keep a track on popular projects such as Bored Apes and CryptoPunks.
2. Use NFT Go
NFTGo is a data aggregation platform for the Web3, NFT, and gaming communities. It makes effortless to find crucial information regarding NFTs.
The platform tracks:
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