NFT Spotlight: 3 collections on fire, to check out every week
CrypToadz, The Humanoids and Winter Bears are our picks for this week’s NFT Spotlight series. As the NFT space is getting bigger, we will highlight the cream of the crop on a weekly basis. Each week we’ll introduce three NFT projects that managed to catch the attention of the community.
This week we’ll take a look at CrypToadz by GREMPLIN, The Humanoids, and Winter Bears. Keep in mind that this spotlight is selected based on performance data in the DappRadar Top NFT Collections charts.
CrypToadz by GREMPLIN
CrypToadz by GREMPLIN is the latest hit among NFT enthusiasts and celebrity collectors alike. The collection consists of 6969 images of pixelated toadz living on the Ethereum blockchain. The NFTs can have traits from a pool of seven possible.
CrypToadz launched in early September. However, the collection has found better recognition since the beginning of this month. The official Twitter account now has more than 15,000 followers, while the CrypToadz Discord channel has almost double that.
Interestingly, CrypToadz does not have an official roadmap as most of us have become accustomed to seeing in NFT projects. Instead, GREMPLIN decide to waive all of his copyright regarding the collection, effectively making all art and designs publicly available. This opened an unlimited field of creativity for Toadz fans. Consequently, the engagement rates for CrypToadz are now soaring, with NFT enthusiasts reimagining their NFTs in endless variations.
Another big factor for the meteoric rise CrypToadz have seen in the past couple of weeks are celebrity endorsements. Crypto Twitter stars like Beani and 0xbender have publicly expressed their support for the collection. To top it all off, Snoop Dogg even changed his Twitter profile picture to a Toadz image. All of this recognition has had a significant effect on activity for the collection.
At the time of writing, the floor price for a CrypToadz NFT on the secondary market is 12 ETH. This is a significant achievement, considering the fact not more than a week ago the floor price stood at 5 ETH. According to DappRadar data, in the past seven days CrypToadz has generated sales worth over $54 million.
The Humanoids is an Ethereum-based collection of 10,000 unique NFTs. Each Humanoid is a unique piece of 3D digital artwork. The traits pool for this collection surpasses 150. While the Humanoids only launched a week ago, the collection is already finding significant traction among NFT enthusiasts. Their official Twitter account has upwards of 15,000 followers, while their Discord is jam-packed with more than 47,000 members.
The multiple giveaways organized by the creators are among the main drivers of activity for this collection. The official Discord channel is booming with airdrops for Humanoid holders who have not listed their NFTs on secondary marketplaces. Just yesterday, 10 Humanoid NFTs were airdropped to lucky holders at random. This is a very nice way to build interest around the collection and create a level of scarcity in secondary sales.
The Humanoids roadmap looks pretty standard, with two Ether drops standing out. At 50% and 100% of the NFTs minted, the Humanoids team did two Ether giveaways. Additionally, the group behind the collection has decided to donate $20,000 to a charity chosen by the Humanoids community on Discord.
Interestingly, the Humanoids are also enjoying a bit of celebrity attention. A deep dive with the DappRadar Portfolio Tracker reveals that Mike Shinoda, lead vocalist of Linkin Park, has aped into the collection. He owns two Humanoids, and according to a recent tweet by Bobby Hundreds he’s also inviting other celebs to join the community.
According to DappRadar data, in just a week since its official launch, the Humanoids has generated upwards of $23 million in trading volume. This is a significant achievement, and celebrity endorsements like Mike Shinoda are definitely factored in. At the time of writing, the floor price for a Humanoid NFT is 0.75 ETH, while the mint price a week ago was 0.08 ETH and gas fees. That’s a nice value increase, however, it seems the Humanoids community is strong, and the devs behind the collection are incentivizing fans to hold on to their NFTs.
Last but not least, we have Winter Bears. This is a collection of 10,000 cute bears living on the Ethereum blockchain, and falling into one of five rarity pools. The public mint for Winter Bears was on September 19th, and the collection sold out fast. Currently, the floor price for a Winter Bear NFT on the secondary market is 0.47 ETH.
Winter Bears has already formed a strong community of supporters. Their official Twitter account has more than 10,000 followers, while on Discord the number of supporters jumps to 15,736. A main driver for this growing community are the numerous contests and giveaways the devs organized throughout the mint period.
For the moment, Winter Bears has not released a detailed roadmap. Yet, the team has announced plans to create Art Club, a Winter Bears DAO which will promote NFT art. According to the official Discord server, Winter Bears holders will have a key role in the DAO, and also receive rewards for participating. Additionally, the team behind Winter Bears has been very active in terms of charity contribution. The collection has already donated upwards of $40,000 to a women’s charity foundation called She’s The First. What is more, the team also supports Polar Bears International. This is an organization working to protect the species from extinction.
It looks like Winter Bears is on a mission to make the world a better place, and their community loves that. While the collection is still in its infancy, DappRadar data shows that it has generated more than $12.8 million in trading volume in the past seven days alone. That’s a considerable amount, having in mind that the floor price is still pretty low.
NFT Spotlight: not just CrypToadz, Humanoids and Winter Bears
NFT Spotlight is a new DappRadar content series that aims to give users the chance to familiarize themselves with up-and-coming NFT collections that attract big communities. Each week a set of new projects will be introduced.
As mentioned above, deciding which projects to highlight is based solely on weekly DappRadar data from the DappRadar Top Collections Chart. Follow DappRadar on Twitter and Discord to find out about the latest news in the dapp industry.
The above does not constitute investment advice. The overview given here is purely for informational purposes only. Please exercise due diligence and do your own research.