The Basis For the NFTs Success on smartBCH

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2 years ago

SmartBCH has achieved unparallel growth in its first few months in both the DeFi and NFT fields.

While back in September 2021, NFTs were an unexplored field for this community, slowly projects like BlockNG (LawPunks) and Poolside Puffers (the first collection that sold out) changed the habits of the smartBCH community.

From being overly focused on DeFi the smartBCH community quickly embraced the NFT collections sometimes even without an NFT marketplace ready. Currently, OASIS is experiencing high traffic, and the volumes produced can be traced from the telegram bot offering real-time sales and listings.

There are thousands of NFT trades taking place daily, on a network that is just in its infancy.

To begin this article, I want to state I am an investor but don't fall in love with my investments.

I find those that have the required fundamentals and stick with them for years. Temporary price volatility will not affect you with this approach, although being overly confident about your investment, when in fact it is stagnating in developments, is a fatal mistake.

Sold Out NFT Collections On SmartBCH

This is the upgraded list of smartBCH NFT collections sold out during the mint phase since October 2021:

Each of these collections sold thousands of NFTs.

There are failures too, but the problem can easily be traced to the developers, the lack of perspective and effort. Those that successfully sold out, were all honest developers and professionals in their approach.

After the initial success of BlockNG with LawPunks, it was clear a large userbase was ready to put their BCH into action and invest at least in some quality collections.

Invest Wisely - Focus On Potential, Not Hype

Source

SmartBCH has been developing since 2018, having the backs of billionaire Jihan Wu, among other investors. This is not a new or random cash-grab smart contract network.

SmartBCH is running smoothly for months while we watch networks like Solana and Polygon backed by billions of VC dollars constantly failing.

SmartBCH is now is self-funded on transaction fees, although it is fully funded already since its development. The move that remains is more investors.
Regardless, it is unique collectors who buy these NFTs, not the main partners.

There is no native token on smartBCH. That's right, there is no Matic, SOL, AVAX to list on Binance, hype-up, and bubble up, while Ethereum could have been used instead.

SmartBCH utilizes Bitcoin Cash, so VCs will have to buy BCH and invest in this ecosystem.

VCs won't get a share of random tokens with smartBCH but invest in a network that in just its first few months offers 100 TIMES better odds of success than AVAX, Solana, Polygon, Fantom, and the rest (EVM compatible) blockchains.

Thousands of active users USING the network and waiting for developments build today on top of smartBCH. No bots to pump numbers and no manipulation to make it look better than it is. Real people and real investors are the smartBCH community, developing and utilizing this network.

Price of Fantom 2020-2022 - Coingecko

Maybe take a look at Fantom's price today, consider the ATH and current price of BCH, find out if smartBCH is 10-100 times better than Fantom, and figure out the rest by yourselves.

Originally Published at Hive

  • Cover Image: by Sandro Katalina on Unsplash


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2 years ago

Comments

I like to know about NFTS. This is informative. Thanks for this.

$ 0.00
2 years ago

NFTs is one of the best projects in smartBCH. I just sold my Reapers and Puffers.

$ 0.00
2 years ago

I never understood what they are, or how NFTs are made. I tried to find out about them on the net, but it seemed complicated to me!

$ 0.00
2 years ago

Your NFT series are top quality! I wonder which collection will be the new hype

$ 0.00
2 years ago

There are some other NFT projects that generate lot of BCH for the dev. Cattos was 100BCH plus. Tropical must have made at least 100BCH too but they don't do it in such a way that it can be tracked. they give out some but sell using the English auction on oasis while having a live AMA for people to bid, that way it is hard to know how much they've made but it's certain they've made a lot. Overall, the NFT aspect of smartBCH has been great so far and i see it growing even bigger. what differentiate us from others on other chain is that, the SmartBCH community demands a usecase unlike other NFT projects on different chain.

$ 0.05
2 years ago

Yes, these NFTs can't be tracked well. There is simply no info on the mint and if it will be final or more will be released, perhaps even duplicates. It is controlled by a small team or just one person. I didn't follow Cattos as I never trusted the person behind this collection, and don't follow developments with tropical finance either, more or less for the same reasons.

Morever, it is difficult to tell, if the purpose for some is simply to grab BCH and constantly dump them in exchanges. I wouldn't like to help a project that dumps all the BCH it receives for fiat. Those that are transparent with their plan and not just ruled by speculation will definitely find backing for their plans.

$ 0.05
2 years ago

I had my reservations about Tropical NFT from inception but since their token which i doubted was doing well i neglected my feelings. Cattos is a great lesson for me - henceforth i will be careful with projects i associate myself with, because not every project coming to SmartBCH are indeed bitcoincash loving project, some are just there for the money.

$ 0.00
2 years ago

Now NFTs need usecase to survive and hype is on Gamefi side tbh

Also NFTs hype project was best way to make good profits now hype is gone

$ 0.02
2 years ago

Growing day by day as well as my portfolio..not by price but by amount.

$ 0.02
2 years ago

Gambling apes was the most successful,. Maybe because their NFTs are nice and cool, with is colored beautifully. Hehe

Did you bridge some waifu's from juungle too idol?

$ 0.00
2 years ago

I didn't have any Waifus, basically no SLP NFTs. When I started researching SLP tokens and NFTs it seemed the interest wasn't there. Basically, I tried to make some Waifus from the faucet it had, but it was emptied a few days earlier. Did a review on Juungle about a year ago, though, and I was visiting the market often but I felt there wasn't much interest anyway. These things need to push with advertisement to succeed, and smartBCH needs that too.

$ 0.00
2 years ago