NFT SCOOP#6 COULD THESE NFT's 10X? DON'T MISS!

This week NFTscoop shares with all our subscribers the paid version of our membership newsletter to give you an insight into what our premium members receive twice a week.

February 15, 2022

In our latest newsletter below, we share with all our subscribers the paid version of the newsletter which is normally exclusive to our paid members! You can listen to NFT scoop in audio format, and listen to our Interview with special guest Vico, Founder of the Mint Pass. There are serious NFT picks in this newsletter with also chances of winning a whitelist with the ‘The Mint Pass’, an upcoming project yet to launch with huge potential. Enjoy!

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Ethereum Market Update

Since Friday, ETH has still traded within the range for a few weeks now, and managed to defend the $3000 level. I still think we range for the remainder of February, but for now I expect ETH to continue to range and potentially reach the $3300 - $3200 level.

Our Ethereum market update is brought by our resident crypto trader @bissbtc. Follow him here for further updates.

Weekly Market Summary

The NFT market stabilised after the Ethereum run-up and dip. The market is steadily recovering and looks bullish once again. While there is buying opportunities it is important to remember that we are at an important moment. If Eth moves up again the market will likely dip. If eth dips the opposite will likely occur. If eth continues sideways then we can expect slow and steady growth. However, as eth moves upwards this morning an NFT dump is something to be wary of.

Breaking News

With about 100 million Americans tuning in for last night’s event, the 30-second advertising spots were selling for up to $7 million each. Despite major companies having long advertised on Super Bowl weekend, this year new players were in town. Cryptocurrency firms, such as Coinbase, Crypto.com and FTX bought up so much advertising space during the event that it became known as the “Crypto-Bowl”. Crypto adverts included a host of A-List celebrities including Matt Damon, Tom Brady, Larry David and Kyle Lowery.

CryptoPunk’s seen a record breaking sale this week. A Punks NFT sold for 8,000 ETH, or $23.7 million. This doubles the previous CryptoPunks record sale of $11.8 million, last June. The punk that sold has rarest trait which is the alien pun. Just 9 items in the collection have such a trait. The previous sale of this Punk was 8eth in July 2017 which equalled to just over $1600 at this point.

Johnny Depp’s NFT collection is almost ready to launch after wallet submissions were completed last night. 110,732 people entered their wallet address into the raffle for whitelist. While the mint price is on the greedy side of things, it will be interesting to see how Johnny’s art holds up in Web3 or if it is just another celebrity cash-grab.

Weekly Winners

Psychedelics Anonymous outperformed everything else on the market this week. On Friday, founder, Voltura announced a significant roadmap update including the $PSY token. This update sent the floor skyrocketing to almost 5eth with the whole set totaling over 7eth. Those who minted the full set at release would have paid just 0.3eth for this.

Floor price (at time of writing): 4.41eth

7-day volume: +418%

7-day listings: +36

% of supply listed for sale: 8.36%

Mfers continued to perform well this week as it built on strong growth seen last week. The project was launched and neglected during the bear market, thus, this growth is healthy considering the strength of the project.

Floor price (at time of writing): 2.4eth

7-day volume: +188%

7-day listings: +282

% of supply listed for sale: 10.61%

Weekly Losers

Lives of Asuna fell once again this week as people who fomo’d in at 1-3eth cut losses. A lesson that the negative consequences that falling for fomo can have on your investments in such a short space of time.

Floor price (at time of writing): 0.35eth

7-day volume: -66%

7-day listings: +1827

% of supply listed for sale: 23.41%

Hype Bears continued it’s significant downtrend and this is likely to continue. The project misled investors, is rumoured to be a slow rug and is an all-round terrible project. Some investors have lost almost 10x in under a week.

Floor price (at time of writing): 0.24eth

7-day volume: -85%

7-day listings: +1185

% of supply listed for sale: 20%

This week NFTscoop shares with all our subscribers the paid version of our membership newsletter to give you an insight into what our premium members receive twice a week.

Floors to Watch

Karafuru sits at 3eth after a slightly underwhelming market reaction to it’s launch. Despite doing very little wrong and having a supply of only 5000, Karafuru seems undervalued even at 3eth. As the project launched during a small bearish dip it seems likely that the price will expand as the market becomes more bullish. Watching the % of supply listed and the 7 day listings will be key as to knowing where the Karafuru bottom is. As the 28.32% of supply figure begins to drop below 20% then the market will begin to uptrend.

We bring up Psychedelics Anonymous again as this project keeps going from strength to strength. We originally discussed Psychedelics Anonymous on the 1st of February 2022 when the floor price was just 1.7ETH for the genesis collection. Today at the time of writing the floor price of Psychedelics Anonymous has skyrocketed to 4.4 ETH. Being an almost 3x gain in value in just 2 weeks. The Psychedelics Anonymous team continues to deliver. On Friday last week, the leader of the project Voltura released a significant update for the project, where he teased the release of the new $PSY token, which will be given to holders of the Genesis collection passively and for free. Voltura also went on to discuss that they are in the midst of hiring a new individual to head up their entire merchandising arm of the business. This individual is set to be highly connected in high fashion & will be pivotal in the growth of the project in terms of helping the brand get noticed by big investors, brands & other NFT projects. Psychedelics anonymous offers the opportunity to own a full set, this includes The Genesis, IRL Pass, Metaverse Pass, Component 1 & Component 2. The Floor for the full set at the time of writing is over 7eth. It isn't fully known how the items outside of the genesis that makes up the full set will be fully utilised, though rest assured there are clear plans for them which they are holding from the community at this current time. Though it is speculated that these passes will be used for collectors to achieve the infamous divine entity status. There is a lot to unpack with this project. Psychedelics are now by no means cheap to acquire, though depending on your appetite and budget for NFT purchases, watch the floor as it could be a great mid to long term option.

Cool Pets have often been heralded as the mutant apes of this NFT cycle. This is the best way to imagine their utility. They are #2 in the Cool Cats ecosystem and were airdropped to cat holders. Now, if you are bullish on Cool Cats then holding a Cool Pet is no-brainer as the price will likely be tied. The Cool Pets floor sits at 2.5eth and the percentage of supply listed for sale is 2.4% which is extremely bullish.

Alpha

This is a piece of extremely early alpha and a project we are honoured to have been able to build a strong relationship with. We caught up with Vico.eth the Founder of the project. In the first 5 minutes of speaking with Vico he demonstrated passion, integrity & honesty, and above all else a clear love for art. The quality & attention to detail he has injected into the Mint Pass clearly shows, which is what is needed to rise to the ranks of blue-chip project status. We will be releasing the interview in Podcast format this week so keep your eyes peeled for this, it's not to be missed!

The Mint Pass platform is unique in what it has set out to achieve. The Mint Pass will give talented artists the opportunity to showcase their work as an NFT & demonstrate their art to an engaged & vibrant community of Art & NFT enthusiasts, this is then combined with powerful communication and marketing campaigns. This benefits both upcoming artists, by giving them a platform to showcase their work, but also more established popular artists who are looking to broaden their fan base & release a collection in NFT format, not only this, The Mint Pass will help to springboard new artists & collection by marketing & spreading awareness of both the artists & their collection. As far as investors go, holders of the Mint pass NFT will have a lifetime membership as long as they continue to hold the 'Mint pass' NFT, in which they receive free airdrops of new NFT art collections & have the ability to claim other art collections for free whilst just paying 'gas', making the project a win-win for both artists & investors in the mint pass NFT.

The Mint Pass is committed to working with the most talented & adventurous artists in their field, including generative artists, 2D, 3D, pixel art, photography, music etc, The platform as a whole will be creating a place where artists can share their collections with each other, network, exchange and meet a community of art lovers and collectors both in the real world & in the 'Metaverse. There are plans to launch in real-life exhibitions which will allow collectors & artists to meet in person to discuss & get a feel for the art & culture in the traditional sense, but no web3 project would be Web3 without a touch of 'Metaverse'. What's super exciting is that 'The Mint Pass' has plans to host Digital art exhibitions in the likes of 'The Sandbox'. From a community aspect, they have both sides covered IRL & Metaverse. BOOM.

In terms of the Roadmap for The Mint Pass, we are very early. Currently, there is a 9-stage roadmap and we are presently between 1 and 2. The 1st stage of the roadmap was a release of the Genesis collection which was a drop of 111 items each holding exclusive and specific perks. The Genesis collection was minted on the 9th of February 2022 and saw an initial floor of 1ETH. The last 5 days (to the time of writing this piece) have shown a healthy increase in volume traded of 25.2 Eth and a floor price of 2.5ETH. Next up which will be happening soon is the launch of V2 pass, which will be what the majority of investors & collectors are able to purchase.

We have been very impressed by Mint Pass Discord. The project is completely organic & is full of a vibrant and engaged community that is bullish on this project & shares a genuine love for art & NFT's There are currently 8468 members in the discord but this number is ever-growing. There has been an extreme success so far with The Mint Pass and we are only at stage 1 of the Roadmap. The future for this project is bright.

Lucky for you, have a chance at joining the Mint pass project from ground zero. NFT Scoop has partnered with the Mint Pass & we are delighted to offer 20 whitelists spots to our community! You can follow the link below to enter! We are super excited about this project and believe it has all the makings of a solid future blue-chip project. The professionalism, the branding, the quality of the team & community are all crystal clear. Watch this space & 'DONT BLINK'.

Make sure you listen to our podcast as we sat down and chatted with Vico.eth – Founder of The Mint Pass

Official Links:

This is certainly something to pay a close-eye on however, this is in no way shape or form confirmed or finalised. Invisible Friends artist, Markus Magnusson began to tease a solo project called ‘Garbage Friends’ yesterday on Twitter. However, the artist has since claimed that this is a community playground for now and he will look into expanding it further down the line. This didn’t stop the project breaking over 30,000 Twitter followers in 24 hours. Thus, keep your eye on this one, and when it does launch be early to the whitelisting process.

Official Links:

3Landers

3Landers are a collectible NFT project, created in the beloved 3land style and are comprised of a unique combination of traits and underlying “DNAs”. There is a supply of 10,000 NFTs and the artist behind the project is ‘Pom’ a highly regarded Thai artist. So far the project has amassed 37,500 discord members and 30,000 Twitter followers.

How to Whitelist:

While the whitelisting process is still ongoing, it isn’t viable to try to get whitelisted on a project that is launching in 3 days. Those whitelisted will be able to purchase 2 NFTs at 0.15 apiece. The rest of the supply will go to a dutch auction on the 20th starting at 0.75 ETH and decreasing by 0.1 ETH every 20 minutes to 0.15 ETH. This Dutch Auction is certainly a good opportunity depending on the floor price on Opensea after the private sale. If the floor is above .75 then the Dutch Auction will sell-out instantly in a gas war. However, if it is below .75 then we may see good buying opportunities.

Official Links:

Project to Avoid

Gooniez Gang is a project to steer well clear off. Gooniez whitelist was meant to only allow one mint per WL wallet. However, there was a workaround that enabled people to transfer the NFT to a different wallet and then mint again. Not only this but there are strong rumors circulating that the Russian owned project will slow-rug their holders. This project seems to follow the trend of other 3D slow rugs which launched around the same time and thus is an extremely risky and blind investment.

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