NFT Drops — How To Recognize The Best Drops

NFTs exist in many forms and types, and new collections come onto the market every day, and they can quickly become confusing.

We've summarized how to find your next successful NFT drop and what you need to know to make a good decision.

What is an NFT Drop?

An NFT Drop is the release of an entire collection of unique trading cards, items, or artwork. Usually, new NFT collections are announced with some lead time before they are finally minted and handed out to buyers.

The term "minted" refers to transferring an NFT to a blockchain. A drop usually includes the entire collection of an art series or specific trading cards but may also consist of only a single NFT.

Accordingly, an NFT drop can thus, for example, consist of 10,000 graphics from an art series or include a rare weapon from a blockchain game.

Especially during the hype phase in 2021 and 2022, NFT drops from countless artists appear almost daily.

Depending on how much marketing budget was available or how big the rush was for certain NFTs, the drops were sometimes more, sometimes less joyfully anticipated by the community.

Especially NFTs around which an entire ecosystem was built were very popular. Owners subsequently…