Best NFT Buyers Guide Tips & Tricks

I write this Blog today both for the beginner and expert in NFT’s. So let’s start at the beginning, which is after you decide you’re interested in buying an NFT the next step is finding the best place to buy the nft. This can vary from person to person as some might like the art of a project and buy their nft with only that in mind. Others buy nft’s strictly to make a profit off of and then get out. Then there are those that like the ecosystem or project in general and will diamond hand them whether it goes up or down in value. Now that you have decided that you want an NFT what you are going to need to do is find the best platform for your needs and on what blockchain. Well there is great news if you don’t like excessive gas fees and slow transactions then The Internet Computer is the best place to find all kinds of different NFT’s for a great value, cheap gas fees and some serious money making opportunities on the IC Blockchain.

Now that you have chosen The Internet Computer Blockchain for your NFT purchase you are about to make (not financial advice) you are going to have several awesome choices on where to buy your nft from. This will have alot to do with what collections the marketplace has, your preference and the price that the NFT’s go for compared to other marketplaces. So the biggest and most traded platform on the IC is going to be Entrepot.app/marketplace This is like the Grand platform with the most variety of projects on the marketplace and those that are still in the launchpad phase for the best prices. Now this is one of the places to get your big named Internet Computer NFT such as the; BTC Flower Trilogy and Poked Bots as well as Cubetopia/https://e5owu-aaaaa-aaaah-abs5a-cai.raw.ic0.app/ (play to earn web 3 game Link) a minecraft type game on the IC. You also have NFT prokects like Motoko Ghosts or Motoko Mechs (which Motoko is Dfinity’s programing language) from Dfinity.

These are all pretty spendy but well worth it in this current Bear Market. The Next Marketplace is going to be icmarket.app another amazing platform with projects like 3d Whale and Distrikt Pods and they are adding more and more like Dogfinity, Coinstars NFT and the NNS Dao Starfish which are a bit cheaper but great projects and money making opportunities as we are still so early in the ICP Ecosystem. Memecake.io, CCC c3-protocol.cc and Yumi.io are also amazing platforms to buy nft’s and I do lol. But there is one Decentralized marketplace that you can buy NFT’s from and is called IcpSwap.app and you can check all of these out in links in Blue.

After you Choose the marketplace and the project the cool thing about Entrepot is that say you want to buy a Btc Flower, you can buy it outright for the listed price or you can make an offer lower than the set price but above floor price. You want to make multiple different offers so you don’t have to do one at a time and not get a responce then move to the next one and make an offer. The cool part is the trade is non binding or indicative which means the money is not taken out of your wallet until the person agrees to the offer and you are not obligated and can cancel any time before the purchase goes through. If that offer goes through and you have enough money for just that one you will only buy one even if you have 10 offers all for 280 icp to 10 different nft’s of the same project. Once you buy one say you have 280 icp in your wallet you buy the one and none of the other offers can go through because you don’t have the icp to cover it. But if you had 560 and you made 2 offers and both are accepted you will end up with both. So if you only want one just put 280 in that wallet or whatever the amount is for your purchase until it goes through then cancel your other offers as they are still pending.

Now that you have your NFT you can bask in the awesomeness that is the art or piece you just bought. You can give it as a gift to someone, make a painting of it and put it on your wall. You can change your profile pictures to your NFT on most platforms. You can also make a nice profit off of ICP NFT’s and in the near future will be able to trade Ethereum NFT’s in canister smart contracts with ICP fees on the Ethereum Blockchain. That and Bitcoin NFT’s could also be possible with the Bitcoin Integration on the horizon. So I hope you know a bit more about NFT’s on the Internet Computer and Happy Hunting!!