Spotting NFTs with Massive Competitive Advantage – DataDrivenInvestor

No doubt the NFT marketplace is competitive. Opensea probably has hundreds or maybe even thousands of contributors on its platform. I’ve been on the website and I’m flabbergasted at what’s available — not just how much but also the quality of everything. For instance, my favourite drops are NFT Worlds because they look great.

I would say that making a name for yourself is tough in any industry. I can relate, I had a tough time getting Medium followers. To be honest, I did try many things such as writing an article a day and even one of those follow-me-follow-you articles.

Without being an NFT artist myself, I can’t comment how tough the or easy the industry is, but as a consumer, there’s a lot in the marketplace — a bit too many to choose from.

Nevertheless, there also appears to be a few niche players. So, I would say even if there’s a lot in the NFT marketplace, as long as you know what you’re looking for, you might be able to find a niche where your chosen artist may have a monopoly. For example, NFT Worlds appear to dominate custom created metaverses.