On the day of the launch the floor price on OpenSea averaged around 0.08 ETH, which at this time was worth around $150.
Conviction
NFTs
Conviction
Progress mission: 0 of 5
Rewards
Reward Results
$170 $280
Details
Minimal cost
Free
Time required
2 min.
Category
Raffle
Rating
6/10
Risk
Low
Deadline
2023-10-27
On the day of the launch the floor price on OpenSea averaged around 0.08 ETH, which at this time was worth around $150.
The Conviction collection took a couple days to sell out completely. The Conviction NFT reveal was done manually.
The mint price was 0.03 and 0.05 ETH depending on the phase, which equates to approximately $60 and $90 given the current ETH market price of $1840. After the launch, the Conviction price stayed above the mint price around 0.08 ETH ($150), with some of the sales being higher.
Assuming that the Conviction will hover above the mint price, selling three pieces around the 0.08 ETH level would result in a 0.15 ETH gain ($280), if one had the opportunity to mint at the 0.03 ETH mint price.
For users who minted at 0.05 ETH, the result would be around 0.09 ETH ($170).
Pros & Cons
Why is it worth it?
Lead Artist
he has experiencing animating for DragonBallZ
Investment
Raised an undisclosed sum from VCs
Competition
Easy to grind for WL now by being active in the discord and creating content
Risks to consider
Supply
Unknown mint price and supply
How to participate?
There is little else known about the project right now concerning mint price and supply but the other factors make this a good opportunity to participate in for now. There are rarely investments in NFT project so this looks good, they have a decent sized team and considering their lead artist, will also have great art for the collection. The project seems to have a core japanese fanbase which is good as it stays true to the theme of the project, right now there are no downsides in participating.