You may think that you have missed the launch of the best NFT collections, but the reality is that this is a very new technology, you could still find early-stage gems with the launch platform offered by KuCoin.
What is the KuCoin NFT launchpad all about?
The KuCoin exchange created a platform so that various Play to Earn and NFT projects can boost their projects. From here, users can participate in projects, even before they are launched, which can mean a great investment opportunity.
While there is a high risk when we invest in very early stages, the possible reward is not comparable to the risk we assume. It is not unreasonable to make profits of more than 1,000x with successful projects.
Investing in NFT games and communities that have not yet been released, allows us to get ahead of most investors. Once the adoption begins to increase hand in hand with a community that trusts the idea, the price will tend to go up, a lot, possibly.
Not all of them will be successful, many will even be forgotten. Investing in NFTs in incubation phases is undoubtedly highly risky. But, as I mentioned, the possible reward can be much greater than the risk we must assume.
It remains on your part to carry out a relevant investigation, to find out how feasible it is that the project is sustainable over time, and thus reduce the exposure to risk.
How can I start investing in early-stage NFT projects with KuCoin?
The first thing you will need is an account on the KuCoin exchange. If you don’t have it yet, you can register using this link.
It should be noted that you will also need to have funds in your account, because it is with them that you can buy the NFTs of your preference.
Once you have registered we are going to head to the launch pad. To do this, hover over the button NFT, located at the top of the screen, and then click the Wonderland.
Being inside the platform you will find the different Play to Earn and NFT projects in early phases, available to invest.
Choose the one of your preference, and click on the button MORE DETAILS to learn more about the project.
Now that you’ve chosen a project to explore, you can proceed to purchase an NFT with the BUY.
If you clicked on the button BUY you will be redirected to a page where they show you the specifications of the NFT, and a BUY NOW to purchase the NFT.
As you will see in the image below, you need to have USDT in your KuCoin account, in order to buy an NFT on the launch platform.