How to Find an NFT You Love

Finding an NFT you love seems so hard, given the fact that there are lots of NFT projects nowadays. To simplify the process, we've listed some things that you should keep in mind. Here's how:

1. Think about the purpose of your purchase. Is it purely for art? Or are you buying the NFT to use for a profile photo (PFP)? Are you looking for a virtual land? Or something you’d display at home? How long do you plan to own the NFT? Thinking and asking questions to yourself will help you narrow down the search as you browse.‍

2. Make your research about the project. Starting with the official project's website, it is a great starting point to understand the founder's goals  and motivations. Many projects these days have a roadmap with lots of milestones. Does it seem realistic, or is it overly ambitious? Make sure to also check the project’s social media.‍

3. The founders. Usually, founders are the ones who drive the vision, future and success of a project. It’s time to introduce two terms: doxxed and undoxxed. Doxxed founders have made their identity publicly known so you are able to research their background/history of success. Undoxxed founders have not revealed their identity and often go by an alias. ‍

4. Join the project's Discord. Even if you're buying an NFT just for the art, you shouldn’t overlook the community. Browsing and checking the project’s Discord is usually the best way to get a sense of the community and meet your fellow collectors. Join the discord and ask questions on the community and on their moderators. Are they helpful and welcoming?‍

5. Research the artist. Artistry takes many forms. Some artists are brilliant and just starting out. Others are accomplished and have a history of other successful projects. At the end of the day, does art make you feel a certain way? Do you want to support the artist? ‍

6. Rarity features. NFT’s are unique and each one has unique rarity. Usually, NFT’s that are more rare are the most sought after ones. The traits that you can see are the ones which drives rarity (most of the time, in the left hand bar when on a project page).‍

 7. Project stats (eg. floor price, volume, owners). Most of the time, NFT users mainly focus on floor price. Some projects might “moon” overnight, that's right but the other stats like volume and the number of owners shouldn't be neglected. A collection with a high floor price and no volume is meaningless.
If this is a short term purchase, factoring in the volume of how many users are buying and selling at any given time will be important if you ever decide to sell. Furthermore, for profile picture projects (PFPs), those projects with fewer owners may have difficulty gaining long-term traction and building community.

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Finally, there are many points to think about when purchasing a NFT. At the end of the day, most people love NFT’s for the art and joy they provide. Once you have your NFT, make sure to share it with your fellow collectors!