Gsvm

Pretty awesome to see the eKOL fam talk about the new NFT collections Lazy warned would start popping up on @EclipseFND, following the success of @asclubnft and @Validators_ 

Keep reading for the 6 question checklist Lazy runs through before minting any new NFT collection 👇

While it's not ideal, it's definitely a healthy sign that others are looking to capitalize on @EclipseFND success thus far.

What this means is that our community needs to be extra vigilant about doing our due diligence and research before deciding to mint a new NFT collection. 

NFT Checklist
1) Is this collection being minted on a reputable platform like @scopenft, or do you have to sign random transactions?

2) What category does this fall under? PFP collection or Utility? 

3) Are you buying this as an 'investment' or do you simply like it for the art/community? Be honest with this one, as most people fall under the former.

4) Is the team behind it reputable? (Are they doxxed? Have they had any other successful or failed launches in the past?)

5) Collection size and mint price - The larger the collection the harder it is to mint out, and without demand the price goes down. If mint price is too high, the demand is low and price goes down.

6) Does it have a WL? How easy or hard was it to get on the WL? (tip: If everyone is on the whitelist, nobody is on the whitelist)

Hope this helps you navigate all the upcoming launches. Make sure you bookmark this for future reference.

As always, Eclipse Everything 🫡