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 that KuCoin offers.
What is the KuCoin NFT Launchpad all about?
The KuCoin exchange created a platform for various Play to Earn and NFT projects to 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 high risk when we invest very early, the potential reward is not comparable to the risk we take. 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 adoption starts to pick up from a community that trusts the idea, the price will tend to go up, possibly a lot. 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 take. It is up to you to carry out a relevant investigation, to discover how feasible it is that the project is sustainable over time, and thus reduce 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, since it is with them that you can buy the NFTs of your choice. Once you have registered we will go to the launch pad. To do this, hover over the button. NFTlocated at the top of the screen, and then click the button Wonderland.
Opening the KuCoin NFT launchpad. Being inside the platform you will find the different Play to Earn and NFT projects in early stages, available to invest. Choose the one of your preference, and click on the button MORE DETAILS to learn more about the project.
Explore the NFT project you want to invest in. Now that you have chosen a project to explore, you can proceed to purchase an NFT using the button BUY. If you clicked the button BUY you will be redirected to a page where they show you the specifications of the NFT, and a button to BUY NOW to acquire 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 pad.
Buy an NFT on the KuCoin launch pad.
