Why NFT Collectors Buy NFTs?
After a gigantic increase in the international financial markets volume, due to a monetary policy carried out to fight the pandemic’s ills, Bitcoin and other cryptocurrencies were reaching prices never seen before and an unthinkable sum of money entered the NFTs market.
With auctions putting the NFT market in the spotlight, artists and collectors alike focused on innovating using this technology that enhanced and continues to enhance the commercialization of collectibles by creating an open-access public record of provenance, price, ownership, and authenticity.
We always talk about it, in an era where technology is part of our lives and most of the population spends more time interacting digitally than physically, trading valuable items that only have utility in the digital world makes sense as a natural extension of human progression.
While digital art has been around for a long time, it has been difficult to find a way to market it in a way that is valuable to both the artist and the buyer. NFTs finally allowed people to “Buy” art digitally as it creates a “receipt” after each transaction with the most important data that corresponds to that file. Among them we can find the price, the creator, the buyer, previous buyers, where it is stored, etc.
Many of the early adopters were “crypto millionaires” and their intention was not to make more money than they had, instead they wanted to support the creators who trusted and used NFTs as a vehicle to market themselves.
How we Rank these NFT Collectors
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1.) Peer scoring. We ask the experts and run surveys asking other influencers, founders, and investors who ranks at the top of their list.
2.) Quality Content. How good is the content that these influencers are creating?
3.) Subscriber Growth Rate. A faster growing following shows more influence. The number of subscribers isn’t as important as how fast an influencer is growing.
4.) Community Engagement. Our propriety formula includes metrics such as average view counts, organic mentions from other platforms and channels, and audience retention.
5.) Comments. An engaged following that posts genuine comments that aren’t generated by bots or spam is how to spot a good influencer.
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We all know how fundamentalist or foolish fanatics can be. They talk a lot but do nothing, although in this community everything is different, in this community they don’t talk about collaboration, they collaborate and then they talk.
Early adopters are characterized by strong, often irreversible decisions with strong financial implications.
Collectors try to establish values or ideas through their purchases. I guess we all know Beeple, the famous artist who made headlines after selling an NFT for 69.3M at Christie’s auction house. His buyer’s name is “Metakovan” and he pointed out that one of the reasons he bought the NFT was: “To prove Indians and people of color that they too can be patrons of the Art”.
We cannot forget that at the end of the day, money often leads our lives. Crypto Art is a visual language that communicates the ideals of cryptocurrency and its potential to cultivate a social and financial revolution. While succeeding in this market is not easy and requires a lot of dedication along with specific knowledge, execution and timing… Many people have succeeded and as a result have completely changed their lifestyle and made themselves and their families financially free.
In an interview with Artsy, TokenAngels said: “There are two kinds of players in the space, the real collectors and the traders or flippers. I am a collector, so I advise you to buy what you like… what gives you emotion.”
The flippers are speculators, investors, generally enter the projects by FOMO and try to generate money at the cost of the success of that project. Is it wrong? No, but it is definitely not the kind of collector you want because it’s not loyal, when another project can give him more money he will sell your NFTs without a blink of an eye.
Most of the true collectors look for artists with a unique and identifiable style/narrative, that’s why to attract this kind of people you have to focus on developing quality artworks in all aspects. I would emphasize that working on the visual aspect and the storytelling of the work are the most important things.
NFTs run on decentralized and censorship resistant technology, which is no less important. How many times have we been harmed by stupid rules set up by big corporations designed to maintain monopoly and repress individuals? I believe that many, and although it sounds strong to say it, we must have it in our subconscious when choosing where to create and protect our wealth.
Is it better to use means that let everyone be who they are and express that? Or to live under a system which allows talent to develop without limits exposing new realities? There is no best answer, no best way, but definitely if you want to live under your own standards, using a decentralized system such as NFTs or Cryptocurrencies would be the best.
NFT Collectors
How to get started as an NFT collector?
The NFT community is so welcoming that anyone who wants to can be part of it, the only thing you must have to buy your first NFT is internet access – you don’t even need cryptocurrencies!
We all have to be careful, but as we should be careful everywhere else. As it is an easily accessible market, hackers try to capture the weakest prey, which are usually the beginners. If someone asked you for your bank password, would you give it to them? Unless you’re crazy, your answer would be no. The same with cryptocurrencies, never give your password to anyone and try to navigate through secure sites to avoid exposing yourself to a potential hack.
To start collecting NFTs, you don’t necessarily need cryptocurrencies but to have access to any platform it would be good to have even a few. All platforms will allow you to use cryptos as a medium of exchange and a few, like Rarible, will also allow you to use fiat.
Getting started shouldn’t be too difficult, although we tend to be very insecure when we get into something we don’t know much about, I recommend you to jump in as soon as possible. Browse in a marketplace of your interest and buy the NFT that caught your eye. It doesn’t need to be pretty, expensive, with a great utility, and much more – buy your first NFT, whatever it’s, it will be a success for you and for the community!
Top NFT Collectors in 2022
He is one of the biggest collectors in recent times of SuperRare. Although he does not have a collection with thousands of NFTs as we have seen with most, he has a smaller collection with an average purchase price of $25,000 USD.
He is very recognized on Twitter, especially for his quality content. His formality and professionalism is noticeable through his posts that also add a lot of value to the community.
Large, large, large NFT collector and founder of 2019 DAO. This is a fractional vault created around 8 NFTs minted in 2019 by OG artists. Artists like MattiaC, MightyMoose, LuchoP, Yeli, RafaelM and some others are the mystic creators of these NFTs.
Why did he create this vault? Collin sees a growing demand for NFTs that were minted before most of the world was aware of NFTs. It would be like buying art before everyone knows about it. With few people knowing about NFTs before 2021, the small creators who got in at the time are now experiencing large offers on their past NFTs.
We could say that he seeks art above all things. As he says: “I get fantastic work at a great price or the artist gets a great price for fantastic work!” Within his collection we can see a variety of artists but he proclaims himself as a collector of Trevor Jones, Xcopy, Money Alotta, among other artists that have been on the market for a long time.
AOI is a movement for emerging art and technology. Their mission is to elevate digital art and make NFTs accessible to a global audience through a non fungible collection, metaverse exhibitions, television documentary series as well as a diverse schedule of 1/1 events. They collaborate with artists and brands to help create innovative projects that shape the future of Web 3.
Few collectors have the level of quality that Belunga has within his collection. If you go to his profile you are flooded with artworks made by Beeple, Slimesunday, Mad Dog Jones, Blake Kathryn and other artists.
If I had to make a bet and determine which artists would be the Picasso’s of digital art, I would name many of the artists Belunga collects.
Like many of the great collectors, he also has his virtual gallery open to the public. He himself says it was a big challenge to curate which NFTs should be included in the top and which should not, but in the end he did it.
Fortunately he is quite active on Twitter, and I say fortunately because having a person of his relevance sharing his movements and exposing his opinions is very valuable. Those who can truly leverage on his Tweets will make history.
After helping to launch Ethereum and claiming to be one of the biggest collectors in the community, Caktux has launched his own platform called tux.art. Throughout the platform you will see hundreds of photographers minting the most beautiful photos you will ever see. If you’re a photographer and you’re not minting on their platform, I don’t know what you’re doing.
If he is not the biggest, he is one of the biggest collectors of CyberKongz, a collection with a floor price of 36 ETH. The truth is that I was very intrigued by the amount of Kongz that this character had, so I decided to count how many were exposed in the public gallery…
Guess how many? Within his gallery he exhibits 26 original Kongz and many of them are extremely rare. By simple calculation, just with the Kongz exhibited in the gallery, Coco Bear’s portfolio reaches 3M dollars!
He was born in New Zealand and raised in Australia. He first discovered crypto in early 2013 after reading a BBC article on Bitcoin. Since then, He’ve been an ardent believer in blockchain technology and its infinite capacity to disrupt. As an early adopter of NFTs, the metaverse and DeFi, He is excited to see how these technologies mature, and equally, what technologies will follow in their footsteps to revolutionize the world forevermore…
He likes to collect rare NFTs, he also supports digital art but most importantly, he invests in people!
Like Seed is doing, he’s trying to support builders of the open metaverse. Flying found Axie Infinity in his early days and is one of the most-known OGs. Definitely knows a lot about the metaverse and his talk is about how the economies move there.
How do you know if a NFT is valuable?
Social proof. The social proof associated with the project behind an NFT is one of the decisive factors that determine the NFT’s value. Checking their profiles on social media platforms like Twitter and Instagram can help one gauge their acceptability.
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He likes collecting Beeple, Darlington, 3LAU, Tyler, Troy, Paris, Figge, Ed, Keith, and some others! But he’s not only collecting, he’s also building around education and music. Interesting collector to keep the eye on.
His Excellency (H.E.) Justin Yuchen Sun, Ambassador and Permanent Representative to the WTO in Grenada, is a Geneva-based Chinese-Grenadian diplomat, entrepreneur, and business executive. He is best known as the Founder of TRON, a leading blockchain DAO ecosystem. One of the most important people in blockchain but also known as a big NFT collector.
Large collector with over 3.5k NFTs in his OpenSea. He will be hosting NFT Liverpool as he works in the same city for Adelia Art Gallery as a gallerist. He’s a real builder and another project that he’s leading is called “NFT guild” a very cool NFT project that consists of 150 skulls in Pink, Blue & multi and is owned by the most prominent members of the NFT community.
He is truly proud to say that he is a large collector and an OG in crypto. He loves to make videos on Twitter to talk about different topics or just general market data. With this type of content he managed to differentiate himself from others, gaining around 40k followers as a reward.
Huge lover of NFTs as well as a lover of CSGO! He is the proud owner of several HashMasks,
RTFKT NFTs and Ghxsts. He’s also well known for being the founder of CryptoTrunks, carbon-negative generative NFTs that use your wallet history to create a personalized pixel-art tree.
Huge supporter of CrypToadz as he says that they are the Art Blocks of PFPs… He minted several successful projects like one of the most recent ones called “Moonbirds”. Collecting seems to be one of his hobbies as well as Blogging since he writes articles in Contravex.
Pransky is arguably the best in the business; he’s (if it is indeed a he) one the top crypto NFT pros. Trading under the Pranksy handle since January 2018, he’s been involved (and EARLY-involved) in all the breakthrough collections: Punks, Bored Apes, Women of World. In addition, his wallet has a cool 5M worth of ETH and 140 unique assets. Pranksy looks like he has a crystal ball: he can see the future.
As we already saw fans of Apes, Punks, Kongz and others, now it’s time to see Cool Cats Fans. Sighduck is definitely one of the people who support the cats the most and you can see that he tries to add value and improve the project. If you want to know more about Cool Cats you should follow him on Twitter!
Will anyone buy my NFT?
Selling NFTs isn’t just for digital creators. Some collectors trade from their collection of NFTs. If you have previously purchased an NFT from a creator or from another collector on a marketplace, you can list those for sale as well.
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We have another lover of writing, Sillytuna is known for several of his articles published on Medium. He is also well known for his NFTs, he was inside Cryptopunks, CloneX, BAYC, Meebits, Eufloria, among others.
The truth is that his content is of great quality. There is no shit-posting here, his own content or retweets are some of the best in the community.
With some purchases that exceeded 200 ETH this collector was able to position himself at the top. He likes to joke but he is also serious. TheArtchitech is a mix of madness and reality, to understand his mix follow him on Twitter!
The World of Women Fund, which has 162 NFTs on its Foundation account, appears on the scene as a collector. 15% of all primary sales have been allocated to the WoW Fund which has started investing and putting the spotlight on the NFT artists. They saw thousands devoted to this space and they wanted to do their part.
When I think about a true art lover, I inevitably think of her. I’ve only known her for a short time but what she does is amazing. Her NFTs look very colorful, she follows a certain color palette and there are many portraits in her collection.
What is the most expensive NFT ever sold?
Finally, the most expensive NFT to ever sell was Pak’s ‘The Merge’. The $91.8m price tag was a record for an artwork sold publicly by a living artist. The NFT was sold on Nifty Gateway to 28,893 collectors who purchased 312,686 units of mass (which were single NFTs).
NFT Collectors
In the NFT market we have many creators, and more and more buyers coming to the NFT space! In order to have a market that is liquid and valuable,We all need to have creators and buyers. It is important not only to see what the creators think and are doing, but also what the buyers are purchasing. At the end of the day, they determine whether we are in a bull or bear market.
NFT Art Collectors
NFT Collectible Art Whale Buyers
Most people now understand the potential that NFTs have, but the Ssingapore-based cryptocurrency hedge fund, Three Arrows Capital apparently is more convinced than many.
They announced Starry Night Capital, a new fund focused on “assembling the world’s finest collection of NFTs,” according to its Twitter profile. To do so, the firm has partnered with pseudonymous NFT collector Vincent Van Dough, who has a considerable Twitter following and a significant personal NFT portfolio.
According to Van Dough, Starry Night plans to launch NFT-centric educational content, highlight up-and-coming artists, make its artwork accessible via virtual galleries, and launch a physical gallery in a “major city” by the end of this year.
If you are looking for one of the biggest whales, congratulations! People say that “The Whale”, who prefers pseudo-anonymity, possibly owns the most valuable trove of NFTs on the planet, with more than 210,000 NFTs that are now worth up to $ 56 million.
“I always wanted to be an art collector because I love art” – The Whale launched an NFT-focused community called, well, “WHALE” which has a Discord group of 10,000 members, as well as a $WHALE social token with a $175 million diluted market cap. The token is backed by the value of Whale’s Vault, and is framed as a way for anyone to invest in NFTs without spending millions.
The history of the mathematician and economist from Columbia began in the early 2017, actually being one of the first collectors. His journey started buying virtual land and then he jumped to the art.
His collection contains about 2,000 NFTs , some of which can be viewed in the profile on the Nifty Gateway platform. The core of his heritage consists of about 500 pieces by the best Crypto Artists such as Beeple, and a further section of 70 pieces defined by him as “the Pak collection ”.
He has most of its assets in cryptos and provides consulting services to help people enter the market.
I’m sure you must heard about NFTs back in March 2021, the world;s most recognized artist “Beeple” sold a NFT for $69 million…That “crazy” man that bought was Metakovan, one of the biggest collectors of NFTs.
He said he knew that participating in Christie’s auction was “competitive” and had in mind a cap price higher than the $ 69.3 million he paid. “We had higher limits,” he said. “I was very motivated and ready to exceed the amount we paid.”
Metakovan has been investing in cryptocurrencies and crypto companies since 2013, he highlighted that the one of the reasons that prompted him to purchase Beeple’s work was is:
“Prove to Indians and people of color that they too can be patrons of the arts.”
Look, to help you understand what they do we take this fragments from their website:
“At its core, the Museum of Crypto Art (M○C△) challenges, creates conflict, provokes. M○C△ puts forward a broad representation of perspectives meant to upend our sense of who we are. It poses two questions: “what is art?” and “who decides?”
“We aim to resolve these questions through a multi-stakeholder decentralized platform of art curation and exhibition.”
“As the first cultural institution of crypto art, M○C△ will become the premier space for discourse around digital art, crypto culture, frontier technology, and the NFT revolution. It will be an experimental playground for reawakening imagination. It will be free-form, refuse stasis, and seek inspiration and leadership from an inclusive and global community.”
Eric is an early adopter of the blockchain technology and started in 2015, when he bought his first Bitcoin. Eric pointed out what drove him to the NFT space was seeing the animation inspired by the work of Guernica, called Picasso’s Bull by digital artist Trevor Jones.
From that moment he began his search for talented artists, and started to collect multiple NFTs, having an investment of about $1 million, won in April 2021 and then to a work of art by Pak by $1.4 million during the auction organized by Sotheby’s in collaboration with the Nifty Gateway marketplace.
The well recognized Punk 4156 it’s one of the persons with the highest following in the space, a community of more than 76k only on Twitter.
If we take a look at his collection we can see that he really appreciates art but not in its traditional form. Within his collection there are works of very recognized artists, we can name Fewocious, xcopy, Hackatao, among others.
He is one of the founders of “Nouns DAO”, as they point out on their website: “An experimental attempt to improve the formation of on-chain avatar communities.”
We can’t find much information about Anonymoux as he wants to hide his real identitiy around the blockchain, but one thing we can say is that he is one of the biggest collectors inside SuperRare, inside his collection has some NFTs valued in the millions and multiples valued in the hundreds of thousands.
If you are looking for someone who appreciates art and limited editions you know where to go!
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NFT Art Collectors
Without a doubt, one of the biggest collectors and referents of the space is 888. He started his journey as a collector and in my opinion it takes the podium for being one of the best ones. Today he is developing several projects around NFTs, such as 888tnw or 888innercircle.
If you want to understand what it’s 888tnw about, start reading this:
“At 888 The New World we don’t believe in platforms charging artists 15-40% commission to showcase their work and we certainly don’t believe in galleries charging up to 50%. If we truly are going to create a new world then we need to put artists first and that means changing things up a lot. At 888 The New World we believe 8.88% is fair.”
So, in other words, we can say that they are trying to boost art and artists by creating a fair environment, right?
If you are looking to hear wise opinions, market trends and follow the path of one of the leaders inside this growing market you need to follow 888crypto right away.
He doesn’t need any type of introduction, the well known entrepreneur GARY VEE is also one of the biggest or more active collectors in the space.
In case you don’t know him in- depth, I’ll give you a little background:
Gary is an immigrant who comes to the United States after living his early years in Byelorussia.
Son of a family with these characteristics, immigrant, very family- oriented, collector and lover of garage sales since he was a child.
Entrepreneurship is in his blood, starting his great career in his father’s liquor store. He turned the traditional liquor store they had into one of the most recognized in the city selling millions, much of it leveraging online ads in the early 2000’s, a total visionary.
He understood that social networks were going to be the next boom, we were all going to interact online and he created multiple businesses related to them, first his personal brand and then his digital marketing agency that today is one of the largest in the world.
Beani is the founder of “GM Capital” a company that funds multiple NFT and DeFI projects. He not only funds projects but alsowith some he gets involved as and is part of the team, giving advice based on his experience. Which I believe he has contributed greatly to the projects., which believe me, is a lot.
For example, he’s an advisor of Pixel Vault, the creators of “Punks Comic”, a collection with more than 38,.000 ETH traded. If you want to get inside the head of a top-tier investor in the market, you need to be close to Beani.
He is one of the persons that are more actively trading (NFTs and Cryptos, both) and their posts can be biased towards his holdings.
Well, how to present DeeZe? He is a very active member of the NFT Community and heit’s always looking to jump in the next “big project”, or at least that’s what it implies.
To justify what I just said, the famous brand Playboy is creating a new collection of NFTs that I and many of the members of the community think can be one of the next big projects and among the people who are helping them you can find DeeZe, you know what I mean now?
He has a big collection that includes Crypto Punks, Art Blocks, Meebits, etc.
He is also part of the team of Fractional Art, also one of the biggest platforms in the space.
I think Artchick may be the most recognized girl inside the NFT community and this is not for nothing, she deserves her place.
First of all, she spends most of her time researching or trading, she spends most of the time interacting inside the space. With that said, she is one of the people who is most immersed in the day- to- day and has such a structured investment criteria that positions her in a VERY professional manner.
In her Twitter she gives tons of advice and something that I really like to highlight about her is that she does not only care about the fundamentals, she also cares about the mental health of people, something a few do and it’s VERY important to have constant success.
Big bull in Art and very active in new drops!
If you go to his twitter, you can see that his position as Business Developer at Nifty Gateway is being fulfilled to the fullest, especially following the imprint of helping to make the NFT space cheaper and easier to use to drive mass market adoption.
If Tommy can execute this with Nifty it could position the marketplace as the first or among the first. We can say that the battle between all of these is to see which one can make the user experience easier for newcomers but also offer features to allow those already in the market to continue to scale.
Big collector, Punk lover and ETH maxi!
He is one of the collectors that are behind the essens, maybe he is not well recognized but his opinions as an investor are VERY valuable.
Fun fact: He is a proud owner of the BoredApe1000.
Looking to go deep into BAYC, analysis and well- formed opinions? Start following him!
Looking for daily insights about the NFT market of one of the most thoughtful collectors? You definitely need to start following Matty. Not only because he was featured on GaryVee, CBCRadio, Coindesk, Reuters among others, because the deep level of analysis he does is not commonly seen.
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NFT Art Collectors
This collector host the podcast “The Cutting Edge” where he interviews persons such as Tom Bilyeu, Fewocious, Don Diablo, Gary Vee, etc.
Want to follow the person who helped Visa buy its first NFT? You already have the profile!
A historic event, as the institutional adoption of the NFTs was made by the hand of this man, undoubtedly a superhero. One of the most knowledgeable and judicious Punks in the community.
Jimmy is one of the people who has founded more projects in the space. Among them, we find NFT42, nameless NFT, NFT smart, NFT lando, etc.
He is not only a founder, the most important is that he’s also a collector. Early adopter in Punks and Crypto Kitties. Most of his stories were told in an interview with Gary Vee.
One thing we must point out is that his tweets are very good but his retweets are also very good, without a doubt a quality profile.
He is a NFT Creator but also a big Collector. Only in the last 30d is the buyer who has spent the most money on Rarible, one of the marketplaces with the highest volume these days.
He is an influencer and hosts multiple giveaways, so if you are looking for a person to help you promote your collection and also maybe buy it, you know who to call!
Trying to spread awareness around art, this collector impacted many people with his large purchases and that is why many marketplaces started inviting him to speak on their Twitter Spaces.
He touched and spoke about his history, his criteria as a collector but above all the values he follows when moving within the market.
This is reflected in each of his posts on Twitter, he is definitely a person we should all learn from.
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