As the Internet Computer ecosystem continues to expand, it can be tough to keep up with all of the projects that have something in the works. Let’s look at a few projects that are getting attention due to various reasons
The promise of airdrops and private sales is still a sure way to encourage increases in floor prices. While those looking to get out of a particular collection may use this as an opportunity to sell at the highest price possible, there will also be those sweeping the floor in order to qualify for an upcoming drop or whitelist opportunity. So really, both buyers and sellers can benefit by capitalizing on the opportunity to get what they want, whether that is a bag of ICP or a chance to increase their NFT collection.
My Picks for Top Projects This Week on the Internet Computer
As the Internet Computer ecosystem continues to expand, it can be tough to keep up with all of the projects that have something in the works. Let’s look at a few projects that are getting attention due to various reasons, most of which involve airdrops and upcoming launches.
· Nauts Cloning Chambers – The Nauts World team will be airdropping some clones even before you can use the cloning chamber to make more from your Nauts drivers (which are also yet to be released). This is the first big step in several months for this Game-Fi project, which has experienced some development issues since the summer. Now that things are back on track, the floor price of the cloning chambers jumped from 5.67 to 8.99 in just one week. That’s a 58% increase in floor price – and that’s just for the individual chambers. You'll need to pay accordingly if you want a chamber capable of producing 2-5 clones at a time.
· JUNK/PRIME – Let’s be honest – most of us bought JUNK/PRIME simply because we love VRSTL. We had no way of knowing what they would be used for. But recent teasers for the Gizmo collection have caused a surge in secondary market sales as collectors try to ensure they have enough JUNK/PRIME NFTs to upgrade their Gizmo NFTs (if that is indeed what the main use case turns out to be). So this week, the JUNK floor is up from 1.29 ICP to 2.55 ICP – an increase of more than 97%! Plus, the top sale for a PRIME NFT was 10 ICP.
· Infinity Canisters – The InfinitySwap team has put together an incredible community, and everyone wants one of the 2,468 Infinity Canister NFTs that will mark a person as an early adopter of their Bitfinity Wallet. What will that mean for the future? While there is no stated utility at this time, the team has said that holding this NFT will make a person eligible for future rewards as an INFINISWAPPER. So it’s no wonder that in just the second full week of trading, the floor price is up over 60% from 6.4 ICP to 10.29 ICP.
· BTC/ETH/ICP Flowers – With the announcement that holders who have at least one of all three collections in the Flower Power DAO will gain top priority at the private sale for the Ludo x Clown Skateboards collaboration, it’s no wonder the floor price of the collections are climbing even as the number available on the secondary market are decreasing. The sale will occur sometime during the month of February and will be the first collection the team releases following the first anniversary of the BTC Flowers launch (23 January). The price is set at 20 ICP for now, but that could change if there is a major fluctuation in the price of ICP.
The Look Ahead
So what are the big stories for next week? I’ll be continually following the projects listed above. I’m also interested in seeing if the final 82 NFTs in the Co-Owned collection sell out and complete the fractionalized sale of the Julian Opie artwork. Finally, I’ll be watching Poked bots. I’m expecting to get some deals now that the whitelist for Gen2 is closed (although personally, I would suggest holding onto them a little longer just in case you made the B-list and someone doesn’t do the burn).
Until next week, trade responsibly!
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