How to evaluate the value of an NFT project?

Time:2022-02-13 Source: 712 views NFT Copy share

I am an entrepreneur who is a strong advocate of the Web3 and NFT space because I believe we are witnessing social, economic and innovative breakthroughs. NFTs are innovations that tokenize things of intrinsic or appreciated value at scale through unique assets on the blockchain, with the potential to be shared.

Who is this frame for?

- Enthusiasts who are keen on NFT projects,
- Web3/NFTs advocate,
- Anyone interested in learning more about web3/NFT.
After being active in more than 60 NFT project communities and investing more than 100,000 US dollars in a period of 1 month, I have summarized a score indicator to better evaluate NFT projects.

Score = 20% (A) + 10% (T)+ 30% (C)+ 30% (U)+ 10% (S)

Some of them are as follows:

A = art
T = team
C = community
U = utility
S = cultural significance
Each section (Art, Team, Community, etc.) can have a score from 0 to 5.

0 is extremely poor taste.
5 is a strong positive appreciation.
We can subdivide the ratings within each section. The sum of these scores is the score for that section.

Each section's score has a weight applied to its score based on its relevance and importance.

The total score is determined by multiplying each section's score by its weight.

1. Art (scores from 0 to 5)
Quality: How do you feel about art? (score between 0 and 4)

Expensive Effort: Requires strong expertise, such as 2D, 3D, or animation (0 to 1 point)
Aesthetics: Attractive? Do you like it? Harmony? (0 to 0.5 points)
Rarity: What characteristics is the collection built on? How many different characteristics are there? (0 to 0.5 points)
Differentiability: How distinguishable are these features? (0 to 0.5 points)
Brand Capabilities: Does the character have potential collaborative influences, i.e. fashion, retail, music, community? (0 to 2 points)
Copyright: Who do they belong to? (score 0 or 1)

Creator, (0 points)
Holder, (1 point)
CC0 (in the public domain, i.e. nobody owns it). (0.5 points)
2. Founder and team (score from 0 to 5)
Public Image: (Score from 0 to 0.5)

Is the founder/core team public or anonymous? (0.5 points)
Format: (score from 0 to 1)

What is the track record, relevance and vision of the core team? (0.5 points)
Are there any upcoming partnerships or collaborations that could add impact to the series? (0.5 points)
Fan Size: (Score from 0 to 0.5)

Do they have a large following (0.5 points)
Activity: (Score from 0 to 3)

How often do they interact with the community? (0.5 points)
Is their participation relevant? (0.5 points)
Has it been carefully vetted (mod team, time zone stay, channel segmentation, etc.)? (1 point)
Are they starting their community with an update to their roadmap/issue/vote? (1 point)

Disclaimer : The above empty space does not represent the position of this platform. If the content of the article is not logical or has irregularities, please submit feedback and we will delete or correct it, thank you!

Top News