Top 5 Upcoming NFT Drops to Watch This Week (1 to 8 September)

Meet your Author

This is Charlie Chang – I’m back for my third and final week! Don’t worry, this won’t be the last you’ll see of me though ;). Just an update, I’ve been hiring people to automate my spreadsheet, there’s been a few bumps and pauses along the way but I’m trying really hard to get it done! Once it is, you can expect daily posts to recommence, hopefully, a blog and perhaps some paid exclusive content in the not-too-distant future!

Be sure to follow me and turn those notifications on!! Thanks and hope you enjoy the rest of this.

Check out our recommendation list from the last week.

NFT WORLD

We’ve seen some pretty crazy things happen over the last week. MAYC had their surprise launch and reached 100m in sales in under 24 hours – making it the most successful mint to date. 0n1 Force has seen a retracement in its floor price – which, to be honest, was probably expected given the astronomical growth we saw. World of Women has been silently but steadily gaining ground as well. All around, the top blue-chip projects have continued to grow. To be honest, I haven’t really been following the success of new projects that have come out. This is not to say that there’s been nothing special, but just that I haven’t had the time and/or interest to be expanding outside of my collection at the moment.

Personally, I’ve been picking up AB pieces (here’s some free alpha – look for the AB Factory projects with a low mint count, good art, and reasonable floor prices and pick some up and hold for at least 3 weeks). That’s what I’ve been doing consistently over the last ~2-3 weeks. I did this with The Liths of Sisyphus a while back and that’s doing quite well. I’m also looking at Planets and some other pieces.

Disclaimer: I own 1 Lith and 0 Planets.

Aside from this, I’ve also been exploring NFTs on other platforms like Solana and Cardano. Personally, I’m quite bullish on both of these blockchains and I think that there’s enough space in the market for both to co-exist with Ethereum. If this is the case, then it’s only logical to follow that their corresponding NFT platforms and projects should also be huge.

For Solana – I recently picked up a SolanaMonkeyBusiness (SMB) and I’ve been looking into Solarians.

For Cardano – I’ll list the ones I’m looking at below.

Please do your own research before hopping into any of these. Personally, I think that top tier Solana and Cardano NFTs are less risk than bottom tier Eth projects – the reasoning behind this is that I have faith in the Solana and Cardano ecosystems and I think the NFTs built on those platforms with historical significance attached to their project will do well in the long run (e.g. SMB is the first NFT DAO on Solana). More free alpha – look for good generative art projects on these platforms.

The Sevens

Mint Date: 8 September 2021 AEST
Mint Time: 5AM AEST
Mint Size: 7000
Mint Price: 0.07
Twitter Following: 19700
Discord Following: 29494
Average Following: 23865

I’m honestly a little conflicted on this project. The numbers are astounding – especially given there’s still one week left until launch. I think the project will do well based on this alone. The project also seems to have a fairly interesting road map – with cross-project collaborations, artist incubation programs, and the development and release of The Sevens DAO. My only reservation with this though is that I’m not a big fan of the art. To me (and this is entirely my own opinion) I feel like the artwork is too derivative of 0n1 Force without the level of cleanliness that 0n1 has. I have no doubt that a degree of attention around the project is due to the success of 0n1 and as such a degree of hype has been the result of cross-pollination across audiences.

Still, I think that the project will mint out with a degree of price appreciation for a period before an inevitable correction. Whether or not this project survives will depend on how the team delivers on its roadmap. The project does have an advantage over 0n1 in that it’s intending to implement a DAO structure in 2022 – something that 0n1 has not considered or announced yet. Overall, I’m conflicted but interested.

Website

Twitter

SIPHER

Mint Date: 7 September 2021 AEST
Mint Time: 10AM AEST
Mint Size: 10000
Mint Price: 0.1 Eth
Twitter Following: 9030
Discord Following: 17966
Average Following: 13498

It’s not a secret that I’m a big fan of utility NFTs and I’m definitely a big fan of SIPHER. The project has brought on two Kyber Network Founders (great low-cap DeFi gem btw) as advisers and is a blockchain-based open-world game. I’m not gonna lie – the goals set by this project are VERY ambitious. From an in-game ERC-20 token to an open-world gaming universe, living economy, customizable characters, breeding economy, and much much more – the developers have certainly set themselves a task and a half. What gives me confidence though is the industry experience the Kyber Network Founders bring, the great social numbers, and the public identification of the team members. A lesser team would’ve remained anonymous given the over-the-top promises, but the fact that the team has come out publicly, and risked their own reputation and the reputation of affiliate projects, is something that I commend.

I’m a dreamer and I believe in the grandiose dreams of others. That may be a fault but it’s the reason why I choose to believe in this project. Remember – more than one blockchain game will make it. In fact, dozens of blockchain games will make it. Axie is the only clear winner right now and taking (healthy) gambles on the next top competitors is definitely not a bad decision. If you do choose to invest – just remember why you’re investing. Like all gaming NFTs, the probability of you consistently flipping for a profit isn’t that high. These projects inevitably see a reduction in their hype and a lack of interest in their growth. Their true value doesn’t shine until their game is launched. This means two things: (1) if you’re looking for a quick flip this probably isn’t for you; and (2) if you miss out on mint there will most likely be another opportunity for you to pick something up at mint price on OS at some time in the near future.

Website

Twitter

RTFKT – Avatar Project

Mint Date: TBA
Mint Time: TBA
Mint Size: TBA
Mint Price: TBA
Twitter Following: 43,800
Discord Following: 8964
Average Following: 26,382

The specifics around this project are unknown at the minute. I was initially a bit hesitant given the 5x disparity between its Discord and Twitter numbers. However, the fact that the project has secured $8m in funding via its recent seed funding round gives me a lot of security. Additionally, the project made $3.1m worth in NFT sales for its NFT sneaker collection in February this year – which was significantly before the NFT craze that has descended upon us. This project meets a lot of my benchmarks, that being: (1) proven track record and (2) community support. Approval from its investors (enough approval to invest 8m) is also a big plus. The project also has a great story line – being the epitome of NFT hype fashion. I’ll be following the progression of this project closely.

The available details right now are:

10k presale & 10k public sale = 20k avatars;
The owner gets lifetime RTFKT benefits; and
The owner will get the 3d model.

Website

Twitter

CryptoDads

Mint Date: 8 September 2021 AEST
Mint Time: 7AM AEST
Mint Size: 10,000
Mint Price: 0.07
Twitter Following: 6389
Discord Following: 6731
Average Following: 6560

There’s nothing insanely special about this project. It’s a new avatar project that’s launching – this time based on dads that turn to crypto in the midst of their mid-life crisis. I think it’s quite funny and the project has captured a fair share of its audience a week out from its launch. The merch is simple and aesthetic and the artwork fits its vibe. I’m not sure if I’ll participate in this project yet but it did draw a chuckle from me. Beyond this, the social numbers interest me as well.

Website

Twitter

Cardano NFTs

SpaceBudz
Coco Loco
Cardano Trees
unsigned_algorithms
CryptoDino

That’s all I’m going to write on these for now. The space is still quite tricky given how new it is. Alonso is deploying on September 12th and the success of the above projects will be affected by Alonso’s launch. I hold a decent bag of ADA so I will be allocating some of that into the above projects.

Concluding Notes

Look, recently the space has been a bit tough for me. The sheer volume of projects releasing is something that’s become impossible to keep up with. It’s getting harder and harder to sift through the trash from the diamonds. I don’t really have much advice except to do your own research and trust in your convictions. For me – that’s been trusting in dev teams that have performed in the past and focus on niches that have yet to be capitalized on. Generative art is a space that I’ve been playing a lot of emphasis on. NFTs are revolutionizing the way digital value is perceived. There are sectors that are more prone to this evolution – the most significant of which, in my opinion, is digital art. Other sectors will be affected too – think gaming, music, and fashion. Avatar projects, to me at least, have been over-capitalized at this point. But the reality is that there’s only ~200K registered OpenSea accounts. The majority of the crypto community has not ventured into this space yet so I wouldn’t argue with you if you said that there’s much more room for growth. Just make sure that if you are going into avatar projects, you’re going into ones that have a good dev team and real potential.

Anyway – I hope this has helped some people! As always, stay safe and I wish you all the best 🙂

P.s. if you got into Geometry Runners at the mint from last week’s post – you’re welcome.

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