A Guide To Spotting an NFT Project Worth Your Time and $ETH

According to “Alphas”

Anna Klawitter
7 min readMay 9, 2022
image owned by Food Fight Studios

WAGMI? Ape In? Diamond Hands? DYOR? When I joined the NFT space along with Food Fight Studios, the lingo had my head spinning.

But the future has arrived, and the NFT space is exploding. With it comes possibilities and confusion for collectors and crypto enthusiasts alike. It doesn’t matter if you’re a beginner or a pro; this space runs fast, and it’s not easy to decide which NFT projects are worth investing your time and money in.

We turned to the pros, or “alphas,” as they’re called in the space, to ask how they do it. They’re people who spend hours and hours finding undiscovered projects.

After all, there are a ton of NFT projects out there — and not all of them are created equal. Here’s what you should keep in mind as you research.

So we talked to some alphas, and they shared with us what to look for when deciding if a project is worth fighting for the coveted whitelist spot.

Hold On! What Exactly Are NFTs?

An NFT, or non-fungible token, is a unique digital asset that cannot be easily replicated. It could be anything: a video, picture, song, article…you name it.