degenmint.xyz

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1/12 My new favourite tool for NFTs and why everyone needs to hop on @degenmint_xyz degenmint.xyz/

2/12 In this free mint meta being profitable comes down to quick decision-making and safety. With the wider availability of minting tools, the ability to catch free mints quickly and read smart contracts quickly will give an edge to your profitability. @degenmint_xyz enables that

3/12 With the mint monitor on the website, you can see what is being minted and the speed of transactions.

4/12 By clicking on the collection page you are presented with the necessary information to make your decision whether or not to mint quickly.

5/12 These include 1. consolidated links to other marketplaces and tools. 2. notable groups that minted 3. average entry point and successful transactions. 4. code snippet 5. profit calculator

6/12 1. consolidated links to other marketplaces and tools. These are essential links direct you quickly to check on the mint. @opensea to check the nft, @etherscan to mint from contract @Twitter to check following @NFTNerdsAI to check secondary trading. all at your fingertips.

7/12 2. notable groups that minted. one way to estimate whether a mint will do well if there are traders who tend to perform well have minted with you.

8/12 3. average entry point. one quick look and you can tell the average gas that others have paid. use this information to decide whether the contract is optimised, whether it is worthwhile to mint multiple especially if it is a 721A contract (multiple mints more cost effective)

9/12 4. code snippet. degenmint pulls out important code from the smart contract so that you can have a quick scan through the important parameters and mint function to decide whether or not it is worthwhile to mint. I usually prefer a lower supply and lower max per wallet.

10/12 5. profit calculator. quickly see your breakeven after mint and decide your breakeven. i usually sell enough to cover the cost for degen minting and ladder (list in increments) the rest out to ensure profitability while not bricking the floor.

11/12 From July 6 @degenmint_xyz is going into a beta soon. Follow the steps in the tweet below to ensure you do not lose access. Just join the discord retweet and fill in the google form by July 5 1pm EST. twitter.com/degenmint_xyz/status/1543879828771725312?s=20&t=xceXOvsDlJ7XTRwlZ6DuoA

12/12 As always when degen minting makes sure to use a burner wallet that does not hold your valuable NFTs as you are susceptible to making mistakes. Reduce the risk of making mistakes so you can focus on the above.

Shout out to @Metaverse_HQ for the great minds inside and being a great community for my journey in Web3. twitter.com/Metaverse_HQ/status/1543351436821647364?s=20&t=xceXOvsDlJ7XTRwlZ6DuoA