San FranTokyo’s Visions Collection NFT was minted out on 27.03.2024 in two rounds.
San FranTokyo
Inactive
Progress mission: 0 of 3
Inactive
Rewards
Reward Results
-$30 $380
Details
Minimal cost
~$400
Time required
15 min.
Category
WhiteList
Rating
7/10
Risk
Medium
Deadline
2024-03-27
San FranTokyo’s Visions Collection NFT was minted out on 27.03.2024 in two rounds.
Discount Round price: 0.08 ETH, Public Round: 0.12 ETH. The team also left 400 NFTs as treasury and 2,000 NFTs as airdrop. The total supply was 8,000. The price at Magic Eden Marketplace fluctuated immediately after minting within the public mint price and remained so for a long time.
This means that users who received NFTs as an airdrop had the opportunity to earn 0.12 ETH. Users who received mint with discount for 0.008 ETH came out with little profits and covered the commission.
Participants in the public round suffered a small loss by not covering the mint’s commission costs.
Pros & Cons
Why is it worth it?
Experienced Team
The project is led by a SFT Studios with a track record of success - Weebox, for example.
Proven Success
The initial collection launched by the project (San FranTokyo Genesis Pass) was profitable, indicating a strong market reception and potential for future success.
Strong Partnerships
Collaboration with notable industry players, like Animoca Brands to enhance the project's ecosystem signifies a robust support network and growth potential.
Transparent Conditions
The project's clear communication about future NFT mints and their utilities fosters community trust and engagement.
Risks to consider
High Mint Price
The mint price for the public round is set at 0.12 ETH, which may be too high for some participants, affecting accessibility.
Intense Competition
The project's high profile attracts significant attention, potentially disadvantaging newer entrants in securing NFTs during public mints.
How to participate?
Every type of opportunity has its common rules. Following these closely can significantly increase your chances of qualifying for the potential rewards. Here is a list of recommendations from our team designed to maximize your chances of benefiting from this opportunity.
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Be Active on Twitter and Discord: Engage regularly on these platforms. This means not only following the relevant accounts but also interacting with their posts. Like, comment, share, and participate in discussions. This visibility can significantly increase your chances of being noticed and potentially whitelisted for future projects.
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Understand the Whitelisting Process: Being active on social networks can lead to whitelisting, which often grants early or guaranteed access to upcoming opportunities. Make sure you know what actions or contributions on these platforms might increase your chances of getting whitelisted.
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Participate in the Public NFT Events: Even if you're not guaranteed a spot to mint an NFT, prepare to take part in the public minting process. This usually involves being ready at a specific time, having the necessary cryptocurrency in your wallet, and understanding the minting process on the project's website or platform.
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Stay Informed and Prepared: Keep up with announcements and updates from the project across all their social media channels. This includes knowing the dates and times of key events, any prerequisites for participation, and any technical steps you need to follow to be ready when the opportunity arises.