1/15/2024 0 Comments Witgui tutorial![]() ![]() If you are using a Wii (not Wii U) with Priiloader you can set Priiloader to run Priiloader-Forwader-Loader-DWFA.dol which will auto start the WFL forwarder channel you have installed. It’s difficult to confer “blue chip” status on projects in an industry as volatile and new as NFTs. Many NFT projects advertise themselves as blue chip projects, but are they?įootprint Analytics uses its own Blue Chip Index to gauge the strength of the NFT industry. This article will explain how we define blue chips in the context of NFTs, and how this classification can help analysts. In the context of the stock market, blue chip refers to stock of a company with long-term stable growth, large traditional industrial stocks as well as financial stocks. Also seen as a long-term investment that generates steady returns, the stock is often considered relatively safe, as is the case with companies like Berkshire Hathaway.įootprint Analytics – BlueChip Index Since 2022 The blue chip stock index pictured above is an index that tracks the market cap share of more than 20 well-known, financially stable publicly traded non-financial companies. It refers to the algorithm of the S&P 500, calculates the sum of all values (in USD) of blue chip NFTs per day, and then divides it by NFTs. What factors determine a blue-chip NFT project?ĬryptoPunks and BAYC are the first projects that come to mind when thinking about blue chip NFTs. They are considered by everyone to be the industry leaders, mainly because they have the following characteristics.Backed by a strong team and financial support.Recognized by the market and a popular brand in the NFT sector.Compared to the transactions of projects such as Terraforms and Meebits, CryptoPunks and BAYC have almost no wash trading.įootprint Analytics – All Time Top 10 Most Wash Traded Collectionsįootprint Analytics – All Time Wash Trading Stats of Bluechip ERC-721 Collections. ![]() To determine whether a project should be in the Blue Chip Index, Footprint Analytics looks at 4 other factors: Therefore, it is not possible to judge whether the project is a blue chip NFT from a single indicator. Quality of design is critical for the long-term success of a project. ![]()
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