{"id":483434,"date":"2022-08-11T15:29:22","date_gmt":"2022-08-11T12:29:22","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/how-do-you-pick-your-next-nft-community-responds\/"},"modified":"2022-08-11T15:29:22","modified_gmt":"2022-08-11T12:29:22","slug":"how-do-you-pick-your-next-nft-community-responds","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/how-do-you-pick-your-next-nft-community-responds\/","title":{"rendered":"# How do you pick your next NFT? Community responds"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a27837793f75\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a27837793f75\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/how-do-you-pick-your-next-nft-community-responds\/#%E2%80%9D_How_do_you_pick_your_next_NFT_Community_responds_%E2%80%9C\" >&#8221; How do you pick your next NFT? Community responds &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_How_do_you_pick_your_next_NFT_Community_responds_%E2%80%9C\"><\/span>&#8221; How do you pick your next NFT? Community responds &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvNjY5ZTRiNWYtZDJlMC00ZGMyLWI4MWEtNGNjY2I3NjNmZjdlLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-28d77a7a>Since it may be a good time to buy nonfungible tokens (NFTs) as the floor prices are lower, a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Reddit<\/a> user asked the community what they look for when searching for the next NFTs to add to their collection.\u00a0<\/p>\n<p>In a subreddit, the Redditor has gotten various <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reddit.com\/r\/defi\/comments\/wl1ybd\/as_an_nft_buyer_what_do_you_look_for_in_nft\/\">answers<\/a> from the community including examining the utilities of the tokens, finding overhyped projects with low minting fees and monitoring data collected by oracles and basing their NFT investing strategy on what they see. <\/p>\n<p>According to one Redditor, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reddit.com\/r\/defi\/comments\/wl1ybd\/comment\/ijrgf6d\/?utm_source=share&amp;utm_medium=web2x&amp;context=3\">utility<\/a> is what they look for when checking NFTs because it goes beyond being a &#8220;digital art piece.&#8221; In addition to that, they highlighted that the project&#8217;s community must also be examined as they &#8220;keep the utility alive and interesting.&#8221; <\/p>\n<p>Another user <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reddit.com\/r\/defi\/comments\/wl1ybd\/comment\/ijqrons\/?utm_source=share&amp;utm_medium=web2x&amp;context=3\">shared<\/a> their investment strategy for the short term and for the long term. According to Redditor 4laman, their short-term strategy is to look for overhyped projects with low mint fees. In the long term, they look for projects that are collaborations between big brands. <\/p>\n<p>Meanwhile, another NFT collector <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reddit.com\/r\/defi\/comments\/wl1ybd\/comment\/ijrb385\/?utm_source=share&amp;utm_medium=web2x&amp;context=3\">suggested<\/a> monitoring real-time NFT data that are collected and provided by oracles. According to the trader, the metrics within the NFT data platforms will be able to help collectors choose how to pick their next NFT. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>What Ethereum use case can make ETH a $500B market-cap asset? Community answers<\/em><\/strong><\/p>\n<p>While traders are looking for their next NFTs, Ethereum founder Vitalik Buterin suggested a &#8220;low-tech <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach&#8221; to making NFT transactions anonymous. Buterin said that smart contracts can add a function that lets senders reveal their addresses only to the receiver of the transaction. <\/p>\n<p>Meanwhile, NFT marketplace OpenSea recently introduced an update to its stolen item policy to counter NFT theft. According to the company, it has expanded its use of police reports to verify the authenticity of stolen item reports, preventing the misuse of reporting functions in the marketplace. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/how-do-you-pick-your-next-nft-community-responds\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; How do you pick your next NFT? Community responds &#8220; Since it may be a good time to buy nonfungible tokens (NFTs) as the floor prices are lower, a Reddit user asked the community what they look for when searching for the next NFTs to add to their collection.\u00a0 In a subreddit, the Redditor&#8230;<\/p>\n","protected":false},"author":1,"featured_media":483435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvNjY5ZTRiNWYtZDJlMC00ZGMyLWI4MWEtNGNjY2I3NjNmZjdlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,95118,7058,5005],"class_list":["post-483434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-nft","tag-community","tag-reddit"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/483434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=483434"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/483434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/483435"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=483434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=483434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=483434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}