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Insights
2022 NFT Overview: Diving Deep into Whales Movements

Over the past year, many changes were seen in the NFT space. As NFT traders are now making new moves, we have gathered the data of whales, the biggest players in the industry in 2022, and carried out analyses and interpretations accordingly.

The term "whale" refers to individuals or organizations that hold large amounts of specific NFTs and usually have a portfolio of NFT assets. In general, we are able to determine a holder's whale qualification with their behavioral traits like capital size and movement. As of today, whales possess 1.25M ETH worth of NFT assets, accounting for 12.11% of the market share.

Moreover, whales possess a voice on chain (e.g. traders follow the on-chain behaviors of whales and project owners gain exposure by airdropping whale wallets), so they are often a barometer reflecting market trends.. A good instance of this can be seen in November when franklinisbored.eth continuously dumped BAYC at a low price.

Another example is that in April this year, the

Dec 30, 202211min read
Insights
2022 NFT Overview: Diving Deep into Whales Movements

Over the past year, many changes were seen in the NFT space. As NFT traders are now making new moves, we have gathered the data of whales, the biggest players in the industry in 2022, and carried out analyses and interpretations accordingly.

The term "whale" refers to individuals or organizations that hold large amounts of specific NFTs and usually have a portfolio of NFT assets. In general, we are able to determine a holder's whale qualification with their behavioral traits like capital size and movement. As of today, whales possess 1.25M ETH worth of NFT assets, accounting for 12.11% of the market share.

Moreover, whales possess a voice on chain (e.g. traders follow the on-chain behaviors of whales and project owners gain exposure by airdropping whale wallets), so they are often a barometer reflecting market trends.. A good instance of this can be seen in November when franklinisbored.eth continuously dumped BAYC at a low price.

Another example is that in April this year, the

Dec 30, 202211min read
A Collective Rebound Is Seen on Blue Chip NFTs, but Buying Power Remains Weak

This week is the 48th week of the year. The current NFT market continues to be in the trough as trading volume remains at its lowest level for a prolonged period of time. However, most people are highly hopeful for the market's future. We will keep an eye on the data movement in order to capture rebound signals in time.

1.Market Analysis

This week, the market saw a YoY increase of 1% in volume, but we are still stuck within the lowest range of the year.

At present, most projects in the market are characterized by "low amounts of listings, transactions, and low floor prices." Projects such as Otherdeed, BAYC, and Clone X have seen a gradual decline in pending orders since October, which indicates that the current price level is not ideal for holders to make a profit. To some extent, this trend has helped to preserve the prices of these NFTs.

The continued market lull has resulted in a reduced pace of project issuance. There are 2 new NFT projects this week with b

Nov 29, 20224min read
NFT Mint Analysis: How Can We Discover Opportunities Ahead of Time?

The NFT mint stage is a mandatory part of most project offerings. There are a series of pre-mint warm-up or community events where people can get to know the collection better and become early partakers in the community. It is worth noting that NFT mint is also a way to generate big revenue at a small cost, because more often than not, the floor price of a good collection will grow several times or even dozens of times the mint price.

It is crucial to pay attention to mint-related metrics. On the one hand, the public attention a collection obtains during its mint period can serve as a guideline for its liquidity and price in the future. On the other hand, we can explore a generic growth pattern among collections as they progress from zero volume (during mint) to a higher level over time.

As such, we have conducted a data analysis of 4074 NFT collections with a trading volume of over 50 ETH. The purpose of this analysis is to offer our perspective on potential opportunities and trends

Nov 25, 20225min read
NFT 101
From Minting To Trading: Useful NFT Tips

When you first enter the NFT market, you may be confused by the variety of NFTs. You may not know how to buy or which trading strategy to use NFTGo.io 101 will bring readers a series of NFT trading tips and notes. We hope you can have a pleasant NFT journey.

NFT Minting Tips: Find a good project to start

【1】Create a mint wallet that is separate from other wallets. An independent wallet can protect the rest of the assets from encroachment.

【2】Where can you find upcoming projects to mint? NFTGo.io's drop page is an excellent place to find them.

【3】You can directly check out the project's twitter, website and discord on NFTGo.io. Here are some metrics: the number of active users on Twitter, the design of the website, and the heat of their discord. Most importantly, remember to evaluate the social influence of the projects. How many people are talking about the NFTs? Are there any renowned KOLs or investors supporting them?

【4】Before Mint, follow th

Oct 21, 20225min read
How to Buy NFTs

An Ultimate Guide for Beginners

1. Set Up Your Wallets (MetaMask Tutorial)

Step1

First, you need to create your own cryptocurrency wallet such as a MetaMask, WalletConnect, Coinbase wallet, Phantom, etc.

This passage will show you how to create your own cryptocurrency wallet step by step. Let's take Metamask as an example.

It's suggested that you use Google Chrome to register and login on PC or Mac.

We use Google Chrome to open MetaMask, we can see the MetaMask client download page.

https://metamask.io

Then choose to click Download now and directly select 「Install MetaMask for Chrome」 to install the program to Chrome.

Then choose to install the MetaMask client as required, and click Add to Chrome.

Then we can begin signing up for a MetaMask account by clicking directly below to start using it.

There are two different options below. The first one is to log in directly if you've previously had an account, and the second one is to h

Aug 02, 20225min read
How to Make Profits in the Metaverse Part 1 Decentraland

Most of us think that NFTs are the empowerment of people coming together to create a strong community. As we see in history, we have never had a social organization across the borders, touching many countries as today. Non Fungible Tokens are a combination of identity and social organization with no politics, racial parameters, or rules established by someone else (a.k.a. Governments/politicians), and even inclusivity. No one will judge by the way you interact or even how you dress your avatar.

Every NFT holder can interpret their own meaning of the community they belong to, and the group has broadly coordinated goals, and that is how the roadmap is completed.

NFTs are a class of real-life solutions like ETH and Bitcoin, but a little bit looser and more abstract than the two mentioned earlier.

So, what with the metaverse? The metaverse brings a landscape for NFT holders and a platform to interact with the community virtually but in real-time. This is where the virtual lands come to

Jul 29, 20227min read
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