Staying updated on NFT drops helps collectors and investors identify opportunities in the market. Researching creators, projects, and platforms ensures well-informed decisions.
NFT droppers
Several sites round up the latest launches to stay ahead of the curve of new NFT releases. Here’s a quick list.
Coinbase has an NFT Dropper that integrates seamlessly with the exchange, letting you track releases and jump in fast. However, the SEC’s recent Wells Notice raises real questions about its long-term stability.
Crypto.com lists upcoming NFT projects alongside artist and collection details, so you can weigh your options quickly. Its long-standing role in the crypto world gives it a certain level of credibility.
NFT Go offers a tidy schedule of fresh NFT drops, including a weekly highlight reel for quick planning. The user-friendly layout helps you stay on top of a fast-paced market.
NFT Calendar previews upcoming launches across various blockchains in one convenient calendar view. You can filter events and set countdowns, ensuring you never miss a drop.
NFT Droppers catalogs forthcoming releases with direct links, countdowns, and project previews. This setup helps you zero in on the drops that spark your interest.
Rarity Sniper uncovers how scarce each collectible might be, providing a rarity-focused angle on new releases. Its drops calendar helps you spot hidden gems before they hit the mainstream.
VeVe partners with top brands like Marvel and Lamborghini to deliver exclusive digital collectibles. Its augmented reality feature lets you bring your NFTs into real-world settings for a playful twist on the usual collecting experience.
What is an NFT drop?
An NFT drop is essentially a special release of digital collectibles—think of it like a limited-edition merchandise drop, except it’s on the blockchain.
With their limited availability and unique characteristics, NFT drops allow collectors to acquire rare and valuable digital assets.
The difference between pre-sale and public sale
Understanding the distinction between pre-sale and public sale is crucial for collectors and investors alike in the realm of NFT drops.
Pre-sale events typically offer early access to whitelisted buyers, allowing them to acquire NFTs at a discounted price before the general public. This privileged access allows early adopters to secure sought-after items and often comes with added benefits such as exclusive bonuses or limited-edition perks.
On the other hand, public sales open up the minting process to all interested parties, removing any restrictions on participation. While this accessibility democratizes the process and ensures equal opportunity for all collectors, it also introduces challenges such as high transaction fees, especially in the case of popular projects where demand outweighs supply.
Types of NFT drops
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Dutch auctions: In this format, prices decrease over time until all NFTs are sold or the auction ends, creating an engaging and dynamic buying experience.
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Editions: Similar to standard drops but involve semi-fungible tokens, commonly used in gaming and virtual environments.
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English auctions: Bidders compete within a timeframe, with the highest bid winning the NFT.
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Open editions: Allow unlimited minting within a set timeframe, enabling multiple copies of an NFT.
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Standard drops: Sold on a first-come, first-serve basis, typically with a cap per wallet.
How to be a part of an NFT drop
Participating in an NFT drop requires several steps, including creating a digital wallet, setting up accounts on platforms like OpenSea or Coinbase, and engaging with the community to discover and engage in upcoming drops.
Here’s how you would participate in an NFT drop on Coinbase:
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Prepare Your Wallet: Before participating in an NFT drop, ensure you have a Coinbase or other self-custody wallet containing ETH. You can create one on Coinbase or other platforms if you don’t have one.
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Create a Coinbase NFT Account: Visit nft.coinbase.com and sign in. Connect your wallet containing Ethereum to your Coinbase NFT account. Follow the prompts to set up your profile.
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Wait for the Drop: Once you’ve completed the setup process, watch for upcoming drops on the Drops tab or the Drops section of your profile. Explore the Drop detail page to learn more about the project, and tap “Remind me” to receive notifications and emails about the drop date.
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Participate in the Drop: When the drop goes live, navigate to the drop page and click the “Buy Now” button on the NFT you want to purchase. Follow the prompts to complete the transaction using your connected wallet.
Following these steps, you can easily access and participate in NFT drops on Coinbase NFT, expanding your digital collection with exclusive assets. The process is similar for NFT drops on OpenSea and other popular platforms like Blur and Magic Eden.