NFT Drops to Watch 4/12/21

Welcome to this week's edition of NFT Drops to Watch! Make sure to join our discord to get access to in-depth drop guides, which we post once more information is released about each drop. Also check out our website, nfttradingacademy.com which contains tons of information on how to improve your NFT trading skills. Without further ado, let's dive into this week's top drops.


Pak x Sotheby’s on
Nifty Gateway Mon/Tue/Wed 10-10:15 am PDT

Pak Cubes

About the creator

Pak is an anonymous artist who has been active in the digital art world for over 20 years and is one of the leading artists in the NFT space. 

Sotheby’s is one of the largest auction houses for high end art and luxury goods. They have been in operation since 1744. 

NFT Type

Art

About the drop

This is a really interesting drop because Pak is creating effectively fungible non-fungible tokens. You can buy different amounts of “cubes” (1/5/10/20/50/100/500/1000) for $500 per cube with no limits during the purchase periods. Each of those increments is it’s own nft, so if you were to buy 16 cubes you would get a 10, a 5, and a 1 cube. Cubes will be available for sale Monday, Tuesday, and Wednesday, but the listing and documents around this sale did not explicitly state if the price would change on future days. There are also a few other pieces with varying requirements, including being in the top 100 cube purchasers, posting #pakwashere to the largest social media audience (Paris Hilton is currently in the lead), or solving a puzzle.

Artist community

  • Instagram followers: <1k
  • Twitter followers: 181.4k

Verdict

5/5

These will be a long term play (5+ months) as I believe Pak will be building something around this project. There will be a ton of cubes in circulation (which may lead to short run price drops), but they likely will be used as some form of currency in the NFT space in the future. 



Damian Lillard on Dame Time Monday-Tuesday 2pm PDT

Damian Lillard NFT

About the creator

Damian Lillard is a NBA player who plays basketball for the Portland Trail Blazers. Lillard has one Rookie of the Year and has since received six NBA All-Star selections. 

Blake Jamieson is the premier portrait artist for professional athletes.  

NFT Type

Art/Collectible/Experience

About the drop

This drop includes several levels of NFTs and Lillard has done a good job attaching utility to them with some cool perks. The $333 Silver frames give one of three random NFTs, with an additional NFT awarded for completing the collection. Holding one gives access to a private virtual party with Lillard and a “world renowned musician” this summer. The $1,200 Humble Flex NFT also gives access to the party as well as wearables and lounges in The Sandbox and Crypto Voxels virtual worlds. The $5000 See You Next Year Gold NFTs give the perks above plus some ADIDAS digital shoes and a chance at a signed basketball. The Silver is limited to 10k NFTs, the Humble to 5k, and the Next Year to 100 NFTs. 

 

Artist community

  • Instagram followers: 8.8m
  • Twitter followers: 2.6m

Verdict

3/5

The max supply of these NFTs is on the high side. Investing is a bit of a risk, but if Lillard successfully curates a strong community presence in the virtual worlds and hypes up the virtual party well, then demand for these NFTs may rise in a few months. 



Mario Testino on Makersplace Tuesday 3:30 pm PDT

Testino

About the creator

Mario Testino is an incredibly influential fashion photographer who works with the top-tier celebrities and models. His art has been on display in museums worldwide and his exhibition at the National Portrait Gallery in London was their highest attended exhibition ever. 

NFT Type

Art

About the drop

The drop will consist of four of Testino’s most well-known portraits. Two will be fifteen minute open editions, one will be a ten edition auction, and one will be a single edition auction. Pricing will start at $799, but full pricing details have not been specified yet. 

 

Artist community

  • Instagram followers: 4.3m
  • Twitter followers: 189.2k

Verdict

5/5

Testino has a large following to advertise and will likely be able to bring more people into the NFT space. As his first drop, this has good potential to appreciate if he stays active in the NFT space. Odds are looking good for that given that Testino already has a Nifty Gateway drop scheduled for May 14th, which will include some A-list celebrities. 


Artvatars on Artvatars Wednesday 7 am PDT

artvatars

About the creator

Artvatars is a new AI generated art project that splices together multiple artworks in collaboration with over 60 top NFT artists like Hackatao and Alotta Money

NFT Type

AI Art

About the drop

There are a total of 20,000 NFT artworks for the project, which are all unique. Pricing will be announced on Tuesday and the exact NFT you get is a surprise. Artvatars will be launching on the Ethereum Layer 2 solution Polygon (formerly Matic), which means there will be no gas costs for purchasing or trading. In order to purchase you will need to transfer ETH to the Matic blockchain using their Bridge. See the artvatars how to buy page for full instructions. 

 

Community

Artvatars

  • Discord members: 7.2k
  • Twitter followers: 13.2k

Verdict

5/5

While pricing will not be announced until sometime Tuesday, all other major factors for this project are looking good. Artvatars has already done significant pre-launch marketing and with the help of the large pool of collaborating artists there should be a lot of eyes on these pieces. 


The Mannings on Makersplace Friday 3:30 pm PDT

Manning collection

About the creator

The Mannings are a well known family in American football with Archie, Peyton, and Eli Manning all playing professionally. Collectively they have four Super Bowl wins, and 20 Pro Bowl invitations.

JK5 is an artist who has worked in a variety of mediums including tattooing, fashion, literature, visual and performing arts. 

Micah Johnson is a former MLB player who is now a prolific NFT artist. 

NFT Type

Sports Art

About the drop

This drop will have eight pieces commemorating the achievements of the Manning family both on and off the field. JK5 will release four fine art pieces, while Johnson will release four animated NFTs. Some will be open editions, some will be limited edition, and some will be one-of-ones. 

 

Artist community

JK5

  • Instagram followers: 9.3k

Micah Johnson

  • Instagram followers: 19.4k
  • Twitter followers: 15.1k

Verdict

4/5

Makersplace’s poor secondary market (compared to Nifty Gateway) is a negative here. Johnson’s NFTs should perform better than JK5s. Having The Mannings as the topic also taps into a large audience and will be especially useful if some of the family members advertise the drop on social media. 

This post also appears on the Alternative Assets blog.