🧠Masterminds

The most profitable traders in the NFT market.

An enthusiast looking to mint a new NFT collection typically faces a lot of uncertainty. At any given point in time, there are 100s of NFT collections being minted across a variety of platforms. So how does one decide which projects are worth minting and which ones are just rug-pulls in waiting?

One way to do this is by thoroughly analyzing the NFT project in question. There are many metrics that need to be considered in this case: from checking out the founders and their earlier achievements to seeing if the project has a strong community and a good roadmap. But there is a quicker way to go about this, one which involves less research but promises good results nonetheless.

The NFT market is a tricky place full of steep climbs and steeper falls. Learn to navigate it though, and you can find yourself holding bags of money the likes of which are hard to come by through other avenues. The bad news is that it’s fairly hard to learn how to do this. The good news? A few people already have it figured out.

One of the easiest ways to improve your trading strategy is to track what successful people are doing. We at RoverX have decided to implement this concept in the world of NFT trading by introducing Masterminds—the most successful NFT traders in web3.

Currently, we show three kinds on RoverX:

1. Minting Masterminds: The top 500 NFT traders who have made at least a 3x ROI on more than 1 of their minted NFT collections in the past 60 days.

2. Trading Masterminds (Swing Traders): The top 500 NFT traders who have made at least a 3x ROI on more than 1 collection in the last 60 days.

3. Flipping Masterminds (Flippers): The top 500 NFT traders who have made at least a 3x ROI on more than 1 collection in the last 60 days and sold >50% of their NFTs within 24 hours.

In the future, RoverX will be building more categories of Masterminds to further help users filter NFT collections based on their goals.

How NFT Masterminds can help you

By showing the number of various masterminds involved with NFT collections, RoverX provides users with valuable alpha that can be acted upon to make smart decisions and increase profitability.

For instance, to solve the problem of people being unable to choose which NFT project to mint, we show the number of Minting Masterminds who are owners of a new collection.

The more the number of Masterminds minting an NFT collection, the better the project

Even if you don’t want to blindly follow what others are doing (which is commendable), the Mastermind index acts as a solid starting point for your own research, because you can easily eliminate low-value projects right from the start.

Our goal at RoverX is to become a one-stop analytics tool for NFT traders, right from finding new collections, analyzing them, setting up alerts, and taking action. And a key piece of this goal is Masterminds.