Consider this: you find an interesting NFT project and become intrigued by it. But then you realise that everyone else has already bought in. It's actually something you wish you had gotten in on on the ground floor, but you missed out.
The best investors try to create a network and a process for getting these projects in front of their eyes as soon as possible, so that they can make decisions before the mainstream does. Here are some websites that can support you in locating the right NFT project as soon as possible.
Rarity
These guys have a fantastic platform for track and NFT collectibles, as well as new projects. They have a section called "Upcoming", where you can find a calendar of upcoming NFT collection launches, as well as price and supply information. You can follow them on Twitter and begin doing your due diligence; as these platforms grow in popularity, they will become cornerstones in that media circuit.
Play To Earn. net
https://playtoearn.net/blockchaingames
This website is especially interesting if you're looking for NFT games, as that's what they specialise in. They have a massive directory of crypto games. You can search for games that are in development or pre-sale by filtering by game status. When you find a game that interests you, follow them on Twitter to see when they start. The earlier, the better.
You can also check out their Discord server. As with Twitter, the fewer members, the better. It's also a good idea to look for their white paper or Medium post on Discord to learn more about the project and roadmap. This way you can get a feel of what's it all about and if it's something that interest you or not.
These tools will be useful in the coming months as they expand their capabilities and provide more quantitative signals. Things like social media buzz and pre-sales are good indicators.
However, there will be some angles that they will not cover. Important funding rounds, for example, that could bring a lot of money to the company, or when big names join the founders team. You'll need a list of new sites that specialise in these types of projects to find that kind of information.
Play To Earn. online
https://www.playtoearn.online/
It's vital to keep an eye out for announcements of large funding rounds, because having cash on hand is a huge competitive advantage. You can also find newly announced updates and other similar information. Please keep in mind that this website is only for gamers.
You might also want to check out a new site like decrypt.co, where you might find news about established brands and celebrities entering the NFT space.
These are pre-launch sites for NFT projects. What about sites that keep track of post-launched projects?
Opensea
Opensea recently updated their rankings page to include information such as floor price; this is quickly becoming a useful tool. There are other third-party sites with comparable data, but Opensea goes the most in-depth.
They basically list every collection, whereas other sites tend to have a more curated, shortened list. You can look for big outliers by scanning the 24 hour and 7 day price movements. The volume is then cross-referenced. A 300 percent increase for a collection with only five buyers is far less impressive than a 30 percent increase for something like Crypto Punks. The seven day is especially useful if the project didn't just launch, as it indicates that some major catalyst occurred.
Maybe a big celebrity bought a specific NFT, or maybe there was just a big game update. This will be your first cue to dig deeper. The one limitation of the Opensea rankings is that they will only include collections that are available on their platform, so you may not find something like NBA Top Shot. You can find a solution to that problem by visiting the next website.
Cryptoslam
Here you'll find not only the best Opensea collections, but also games like NBA Top Shot. The only issue here is that you're giving up depth to see across the entire market because you can only see the top 100 collections that they've curated for you.
If you're looking for specific NFT avatar collections, such as Board Apes and Cool Cats, I'd recommend rarity.tools once more. A couple of things I like about this site are their rankings, which include things like market cap, and the fact that you can filter by rarity and quickly see floor prices for different trades within each collection page.
Then there's the option of a celebrity. You can do this by determining which wallets various celebrities or influencers own and then using their purchases as signals for new projects.
The reasoning behind this is that celebrities will frequently buy something before mentioning it in public because they are aware that their own influence may increase the price. Perhaps this strategy will become less effective over time, as we've seen in the NFT space with airdrop spamming.
This is when someone sends an NFT to your wallet without your permission in order to falsely claim that you support that NFT. In the meantime, most labs will continue to use no more than one or two wallets. You can make a spreadsheet as you start finding these wallets and simply check it on a regular basis. You never know, you might find THE ONE.