How to catch the best NFT projects early using @nansen_ai #NansenContest
Pick a recently launched NFT project that fared well. You can use @nansen_ai 24HR NFT Market Overview to pick one . We will use @creatureNFT as an example.
1/n
From the @creatureNFT page on Nansen, head over to Etherscan.
2/n
Once on Etherscan, look for the ‘Transfers’ section. Navigate to the bottom of the page and use the ‘Download CSV Export’ option.
3/n
Import the CSV file on a spreadsheet. Look for the ‘Method’ column and filter by ‘Mints’.
4/n
Create a pivot table which shows you the number of Token IDs by wallet ID and filter the top 15-20 wallets. Congrats you now have a potential list of insiders/whales to ape after!
We’ll track the guy who minted 150 Creatures here. Let’s call him Creature Whale.
5/n
Now we want to be alerted everytime Creature Whale makes a transaction. We will use @nansen_ai Smart Alerts to do this.
Setup the alert as shown below. Done? Now we wait for the whale to surface.
P.S. You’ll also need to configure a Discord/Telegram/Slack webhook
6/n
It’s a hit! Let’s see what our Creature Whale is up to.
7/n
Look what we have here! The contract for dotdotdots.
wtf is that?? An NFT collection that had no public announcement, no website, no discord (at least none that I could find on Google or Twitter).
8/n
Can you believe it? Our Creature Whale is now a dotdotdots Whale too, the 3rd highest holder.
9/n
Fast forward 24 hours and this is what we have. 4000 ETH volume in 24 hours for a project with ZERO marketing!
10/n
So there you have it, folks. Follow the smart money. Rinse and repeat. You can use this trick to identify multiple smart/fast movers across projects.
11/n
Bonus Tip - @nansen_ai's standard plan allows you to set Smart Alerts for up to 3 wallet addresses. If you want to track more, Etherscan’s Watch List feature allows you to track up to 25 wallet addresses.
12/n
That's all for today, frens. WAGMI.
Goodluck! If you try this and it works for you, I’d love to hear about it. Cheers.
@nansen_ai #NansenContest
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.