Unless you’ve been living under a rock, then you know how non-fungible tokens (NFTs) are growing in popularity every day. So much so, that NFT drops now easily become the talk of the town.

But what is an NFT Drop?

What is a NFT drop?

Like new music by commercial pop stars, an NFT drop talks about when and where NFTs are released.

In other words, NFT drops talk about when avid art collectors and NFT enthusiasts can expect new digital commodities from the space’s freshest and most celebrated artists. 

Being well-versed with NFT drops also comes in handy as several of these releases limit the number of purchases one can mint in a single transaction.

Furthermore, one cost-efficient tip when shopping for NFTs is to buy them at drop time. 

Fortunately, there is no shortage of NFT drops. As more and more people make the most out of how profitable the NFT sector is turning out to be, more creatives are churning out dynamic and impeccable pieces of art for consumers to enjoy and look forward to. 

Still, there are many things one needs to remember to better navigate the NFT space. That said, let’s go over a few things you’ll want to take note of before you start exploring new NFT drops.

NFT Drops: What to know

Just because NFT drops are affordable doesn’t always mean they make for stellar investments 

Just because you can afford a Ferrari doesn’t mean you have to buy it, right? The same logic applies here.

Digital assets are thriving, and the law of supply and demand isn’t alien to this equation. Simply put, the more NFTs become even bigger, the wider your selection becomes—which can then mean that an item’s value may quickly decrease. 

For the same reason, reading up on the NFT brands you intend to support helps you better make nuanced financial decisions in this department. Nonetheless, if a project speaks to you on a personal level and it truly is something you’d like to own for years on end, then, by all means, make the purchase! 

However, if you’re approaching the NFT realm with much more caution and as a means to leverage investment efforts, you’re going to want to make sure that the purchases you make will serve you in the end. 

Of course, another timeless piece of advice any smart investor will remind you of is to only spend what you’re okay losing. Investments everywhere don’t always pan out as planned, so it’s best to be prepared. 

Be wary of NFT drop scams 

Everywhere good money is present, scams are too. As such, you’re most likely to receive emails or DMs, detailing NFT drop assemblies and similar launches. While many of these may be valid, remember that not everyone has your best interest in mind. Question the invitations you get and consistently verify your sources. 

Like everything else on the internet that warrants your bank information, researching will get you far. Never easily fill out forms that ask for your NFT accounts and NFT wallet details. 

What’s more, don’t rush purchases. If you are serious about making smart investments, you’re going to perform your end of due diligence. 

How to get the latest NFT Drops

If you follow social media pages and online threads where NFT drops are the main topic of conversation, then you shouldn’t be too naive about when and where you can find NFT drops. Still, it may be challenging to find one that genuinely resonates with you. Although NFTs are typically the same—in that they’re mostly enjoyed virtually—not all NFT pieces will impact you the same. 

This is why supporting the NFT brands and platforms you’re most likely to purchase from helps. 

Generally, NFT drops are everywhere on the internet—social media, NFT marketplaces, news websites, and very rarely, through DMs. 

Platforms like Facebook and Twitter have a great selection of accounts you can follow, with users commenting dynamically about their thoughts and opinions of what’s hot and fresh in the NFT community. If you don’t know where to start, perhaps Decentraland and The Sandbox are good introductions.

NFT Drop calendars

Check out NFT drop calendar spaces like NFTcalendar.io and NFTEvening for the latest NFT drops.

 

More NFT Articles

• NFT Beginners Guide
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• Ultimate NFT Marketing Guide
• Where are NFTs stored?
• Common Questions about NFTs 
• How to buy NFTS
• Best NFT Marketplaces
• NFT crypto – What’s best for your art?
• The Best NFT Creator Software
• Best NFT Displays for Showcasing your Collections
• Best NFT Courses
• NFT Trends
• What is a DAO? How does a DAO work?
• Best NFT Games
• NFT Sneakers & Shoes Guide
• The Best NFT Discord Communities
• How to Make Money with NFTs
• Best Metaverse Courses

 

NFT Drop Guide Summary

Getting yourself acquainted with NFT drops can be an enjoyable experience when you know what to look out for. All things considered, here’s a roundup of what you need to note: 

• Don’t purchase NFTs you don’t authentically enjoy and believe in. 
• Don’t purchase an NFT if you haven’t thoroughly researched what the piece stands for and what its brand is about. 
• Scams are everywhere. Take DMs and exclusive invitations with a grain of salt. 
• NFTs are investments, as well, so spend only money you’re willing to lose. 

Overall, the NFT space is looking bright, and there are a million things we can all look forward to. Is there an NFT drop you’re looking forward to?

Let us know in the comment section!