Historical NFTs live by the phrase 'We like to dig.'
Before you get into deciding what historical NFT collection suits you...
...decide what kind of collector profile best fits you. Here are four kinds of people who collect historical art and collectibles applied to the NFT world.
"I appreciate the history of cryptocurrency."
These are people who have been in Bitcoin for years but are new to NFTs in 2021/2022. The first NFTs that make sense to them, are ones that tell the history they've lived through with Bitcoin. For example, here are three CryptoCards that recognise key moments in the ascension of Bitcoin in the 2010s. You'll notice the stamps are:
For Appreciatoooors, picking up a card that reflects a moment in their personal journey of Bitcoin makes sense in their newer NFT collector journey.
"I want to flex a primitive."
These are people who want to show they understand what was early with NFTs by holding an early NFT in their wallet. Statusooors almost always know the rarity details of the historical collection, because that's part of the status.
Knowing that only 2% of CryptoCrystals are Lithiums, might be easy...but try to understand why prime paintings are rarer within CryptoArte might take you a week of researching. Metaverse Statusoors love to be able to share what they know about historical NFTs.
"Let's get in and pump it."
Sure these flippers get a bad name for increasing the price and then selling later for a profit once a narrative has been established with more people. Flippers play a valuable part in the market at providing liquidity to a collection. CryptoSkulls got a ton of liquidity recently thanks to Flippers. Curio Cards always has a ton of liquidity because people tend to buy and sell the 30 cards in the collection regularly.
"Buy and hold."
Investooors are buying to hold historic NFTs for the long term because they believe in the thesis of fixed supply leading to price shock. The market cap of NFTs is $50bn and according to PixelMap 'if even 1% goes to historical NFTs, investors might be set.'
Questions to Ask Yourself
What historical art project resonates with you?
- When was it minted? How many are there? What looks cool?
- Do you prefer collecting cards? Look at Curio Cards and CryptoCards.
- Would you like to use your historical NFT as a pfp? Look at Mooncats, CryptoSkulls and CryptoKitties.
- Do you want art that represents BitCoin history? Look at CryptoCards.
- Do you like generative art and would like to own an early historical NFT? Look at CryptoArte.
- Do you like historical NFTs that are CC0 public license? Look at CryptoCrystals.
- Do you want to learn about the origins of the OG collectibles? Look at RarePepes.
- Are you interested in discovering a smart contract where collectors co-created the art in 2021? Look at Terra Nullius.
There is a ton more to learn from 2019 and earlier... and MintFace is far from an expert, but I love the quality that surfaces from history.
Please feel free to share on Twitter to @mintfaced the historical projects that should be added to the Q&A above.
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