Tezos NFTs: An Opinionated Guide
This week we spent some time diving into the Tezos NFT ecosystem - these are our notes.
Basically everything just works!
You can obtain XTZ on all major exchanges except FTX.
Some of our favorite collections are listed below (caveat: after a few days of looking). We’ve included most of the major (high price) collections, but left out some that we subjectively just don’t enjoy (Tezos Pirates).
We originally got interested in Tezos NFTs because of InterPop’s Emergents TCG, an upcoming dueling card game designed by several MtG hall-of-famers, and in our opinion the most promising blockchain game so far (from a gameplay point of view). There are currently six promo cards available as well as a selection of concept art and such.
Iconic Tezos NFTs
PRJKTNEON is an amazing collection of cyberpunk avatars which are highly sought-after. We check objkt.com for new auctions every morning 😉. Owners also get lore pages airdropped on occasion.
Tezos has many punk knock-offs, several of which we quite like:
|Paper Bag Head|
Likewise, there are a few ape collections on Tezos. We particularly ❤️ the LegoApes!
|Tezos Ape Club|
Tezos has a ton of super-cute pixel animal GIFs!
We’ve developed a two-stage approach to NFT acquisition:
- Once you’ve identified a promising collection, sweep the floor, i.e. buy everything around the lowest available price (this really wants to be automated).
- Inspect the higher-priced items visually. Look inside yourself. If you see one that sparks joy, buy.
Most NFTs have no trading history so it’s basically impossible to know what to offer when there is no price (overall price range is currently 1-10k XTZ fwiw). Auctions seem to run for around 24h usually, so just going through the list of currently running auctions once a day kinda works.
We would love to see all of the following implemented on objkt.com:
- Auctions: finding and monitoring ongoing auctions is somewhat tedious. Notifications would be awesome.
- Discovery: Objkt.com currently represents NFT marketplaces like H=N as a single top-level collection, which makes it annoying to find individual collections which originated on that site.
- Statistics: summary stats for recent trading activity would be great to have (number of trades, floor price over time, etc.)
- Batch operations: managing many offers is a very time consuming process - would be great to be able to batch operations to reduce time spent waiting for block confirmation.
- Gallery: we would love to be able to arrange our collection in different ways for viewing.