Free Mint NFTs on Avalanche
Free mint NFTs are surging on Avalanche, with new projects launching daily and existing projects seeing impressive volume and floor prices. Here we’ll cover the key takeaways from some of the most popular collections lately.
Free Mint vs Paid Mint
Traditionally, NFT projects will launch with a paid mint and charge between 1-5 AVAX to mint an NFT, as seen with blue chip projects like Party Animals, AVAX Apes, and Chikn NFT.
Free mints are a new strategy to charge zero dollars to mint, so projects can quickly build a community of hundreds of people in a matter of days. These projects often proclaim to not have a roadmap, website, or discord. Funding a free mint project is tricky however, since an NFT project only earns royalty fees from secondary trading volume.
Popular Free Mints
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Beenz on Acid
Beenz on Acid started the Avalanche free mint mania, inspiring many Twitter PFPs, Twitter spaces, and Been songs. BEENz by TEENSONACID
is a collection of 5,555 traversable between #FTM and #AVAX with a combined floor price MC of approximately 109k USDC and is available on Campfire Exchange.
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Smol Joes
Smol Joes was the first free mint from the Joepegs NFT marketplace by Trader Joe. A small collection of only 100 items, it quickly rose to success as the floor price shot up to 250 AVAX. Sibling collections such as Smol Lands, Smol APAs, and Smol Creeps followed suit to fill out out this ecosystem.
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Soulmeleons
Soulmeleons had a successful free mint on Joepegs and subsequent run up to 4 AVAX floor price. A modest collection of 500 pieces with future utility to come.
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Ryusaurs
Ryusaurs showcased the Kalao Marketplace’s ability to launch a successful free mint project. Created by the Ryu NFT team, this 1000 piece collection has attracted decent attention for Kalao.
How to participate
Follow the leading NFT marketplaces Joepegs, Kalao, and Campfire on twitter to learn about the latest upcoming free mints. MintRadio is also a good source of NFT information on AVAX.
About the newsletter
This Week in Avalanche is an independent newsletter tracking what’s happening in the Avalanche ecosystem. The inclusion of a project or token is not intended as an endorsement or financial advice(DYOR). If you have suggestions or feedback you can reach out on Twitter: @WeekInAvalanche.
