SitePoint Origami Rhino NFT Drop #2 - Electric Boogaloo

I thought I’d post a quick update on our NFT project. Firstly, to our delight (and somewhat surprise) our first block of 10 Origami Rhinos sold out in 4 days! We learned a lot a long the way and I’ll cover that below.

Announcing Origami Rhino Drop #2

Our second release took place on Monday, 8th November. – Once again, we’re offering 10 unique, one-off, crisp SVG NFTs via the OpenSea.io platform. – Again, each piece contains a 12-month SitePoint Premium Membership – only redeemable once by the owner.

A GIF animation of a rhino tail swishing — Come on, lemme see you shake your tail feather!

There were also a few notable differences from Drop #1. – Firstly, were offering these pieces for sale using the Polygon variant of Ethereum, which provides fast, secure Ethereum transactions minus the onerous ‘gas fees’. – To make things easy, this block of ten are being initially sold as set-price sale (0.055ETH), rather than auctions. – For the first time a very small number Rhinos include SVG animations, which to my knowledge are relatively uncommon on OpenSea (most animations are short video loops).

Check out the collection and tell us what you think

What have we learned so far?

As we said in the launch post, this project has been fast-track method for us to learn about the technologies and communities driving the NFT space. In no particular order, I’d note that: – Transaction fees in Ethereum (i.e. ‘gas fees’) swing wildly between ‘kinda steep’ and ‘absolutely precipitous’ – depending on how many other transactions are being processed. Think Uber surge pricing. – Choosing the optimal time to process your transactions will make a huge difference to your success. – Polygon is fee-free but less commonly used than garden-variety Ethereum. Is that a disincentive for buyers? It’s a little early to tell. – The NFT space currently has a really interesting mix of excitement, wild creativity, and gangbuster hype. Simply listening to the torrents of conversation going on every day takes a lot of energy. Be prepared. – SVGs are an under-utilized format on OpenSea. The vast majority of animations are short video loops. While there are more technical demands in authoring SVG, there are options available using CSS, symbols and animation that aren’t possible in other NFT formats. I’m developing a couple ideas that I hope will be quite unique. Stay tuned!

Frequently Asked Questions about SitePoint NFT Drop 2

What is SitePoint NFT Drop 2?

SitePoint NFT Drop 2 is the second series of non-fungible tokens (NFTs) released by SitePoint. NFTs are unique digital assets that are stored on a blockchain. They can represent a wide range of tangible and intangible items, from digital art to virtual real estate. SitePoint’s NFT Drop 2 is a collection of unique digital assets that users can buy, sell, and trade on various NFT marketplaces.

How can I purchase a SitePoint NFT?

To purchase a SitePoint NFT, you will need to visit an NFT marketplace where SitePoint NFTs are listed. These marketplaces include Rarible and OpenSea. You will need to create an account on the marketplace, and then you can browse the available SitePoint NFTs. Once you find an NFT you want to purchase, you can buy it directly on the marketplace using cryptocurrency.

What makes SitePoint NFTs unique?

SitePoint NFTs are unique because they are created by SitePoint, a reputable source of information and resources for web professionals. Each NFT is a unique digital asset, meaning there is only one of each NFT in existence. This uniqueness is verified and secured by blockchain technology.

Can I sell my SitePoint NFT?

Yes, you can sell your SitePoint NFT. Once you own an NFT, it’s yours to do with as you please. You can sell it on any NFT marketplace where SitePoint NFTs are listed. The price at which you sell your NFT is entirely up to you.

What is the value of a SitePoint NFT?

The value of a SitePoint NFT can vary greatly, as it is determined by the market. Factors that can influence the value of an NFT include its uniqueness, the demand for it, and the price that buyers are willing to pay. It’s important to note that the value of NFTs can fluctuate, and there is no guarantee that you will be able to sell an NFT for more than you paid for it.

How can I stay updated on SitePoint NFT releases?

You can stay updated on SitePoint NFT releases by following SitePoint on social media and subscribing to their newsletter. They often announce new NFT drops on these platforms.

What is the future of SitePoint NFTs?

The future of SitePoint NFTs is promising. As the popularity of NFTs continues to grow, so does the potential for SitePoint NFTs. SitePoint is committed to creating unique and valuable NFTs for their community.

Can I use SitePoint NFTs in any way I want?

As the owner of a SitePoint NFT, you have certain rights to that NFT. However, these rights are subject to the terms and conditions of the NFT and the marketplace where you purchased it. It’s important to read and understand these terms before purchasing an NFT.

Are SitePoint NFTs a good investment?

Whether or not SitePoint NFTs are a good investment depends on a variety of factors, including your financial situation, your understanding of the NFT market, and your willingness to take on risk. As with any investment, it’s important to do your research and consider seeking advice from a financial advisor.

How can I learn more about NFTs?

There are many resources available to learn more about NFTs. SitePoint offers a variety of articles and resources on the topic. Additionally, there are many online forums and communities dedicated to discussing NFTs where you can learn from others’ experiences.