Looks like I am hooked on Cardano NFT projects. Well, it is understandable — but this is another article.
Now I want to share with you another great project, just like I did with ADAPunkz (see my previous articles).
About the project
If you go to the project’s home page, you’ll find a lot of information. The creators have long-term plans and are building a great community.
The whole ninja world has a back-story. It has clans, fights, intrigue. What you need. And of course, they publish the stories on Medium.
The team is not hidden. If you visit their homepage, even though they’re represented as Ninjaz if you hover over their pictures you see their real names and faces.
The roadmap is lit too. They have ongoing plans for their manga. They don’t want to stop just right here. What I like the most is they’ve broken down their plans into smaller, attainable pieces. No big-bang release.
If you want to be part of the discussion, join us over at The Ninjaz Discord!
I am utterly lucky as I could participate in the presale. I got whitelisted out of sheer luck. Why do I think this is superb?
Well, the presale had a 12-hour window to buy your 1 ninja. Yes, I’ve got the option to buy 1 ninja early on — along with 699 other fellas. This sounds smooth, however, it wasn’t.
As you may expect, when the time came (8 am UTC on the 8th of October, 2021), almost everyone wanted to mint their available single ninja. Do you expect everything goes smoothly? Yes, me neither.
As many accessed the minting — event though there was a small number of users, the LAG was enormous. And because of this, the chat exploded.
The team was fast. They provided a response in time — even though many felt it too slow. For me, they did their best. However, as usual, many did not read the announcements. They kept asking the same questions.
For me, it took almost 1 hour to get my ninja (yes, she’s the one above).
Some could not see the image itself. Got the NFT, got the list of traits but not the picture. The developers addressed this too and found a bug in the naming of the images that they fixed.
Some did not get the email with the magic link to the presale. This had been addressed too by the moderators.
Now, it looks like the chat cooled off. New PFP-s are set, Ninjaz are shown in the whitelist channel.
The main channel is quiet too — but here the boom will come around 6–7 pm UTC.
Floor price && secondary market
First of all, the project is verified over at CNFT.io. However, always make sure to use and verify the policy ID of the projects you buy assets from. For ADA Ninjaz it’s the following:
While I am writing this article, there’s already 95 Ninjaz on the marketplace for sale — and we’re not yet 3 hours into the presale. Anyhow, there’re a lot of flippers who want to make some money quickly.
The floor price started off with 200 $ADA then decreased slowly, and it will go more down until the public sale. Now, the cheapest ninja is worth 98 $ADA.
Why do I think the price will move down? Because of the flippers. They’re in for the money. Only for the money. They got a spot in the whitelist and now want to make a quick profit from their cards. Even selling at 98 $ADA you made them a profit of 37,5 $ADA which is around 82 USD (or 68% profit) in a few hours.
On the other hand, they could be in for public sale. If you sell your Ninjaz now, you could buy more in the public sale from the profits. However, I hope they cannot :)
Anyhow, the current floor price will go down even further. I bet when I wake up tomorrow (8 pm UTC is 10 pm for me) the floor will be around mint price if not lower.
Therefore, if you couldn’t make it in the public sale, grab yourself some Ninjaz on the secondary market while it’s cheap. Of course only if you’re into the project in the long run. If you want to make some quick bucks you can buy too and sell higher some months/weeks later. But if you dig the project, the team, and the community, then this is a good investment. In my opinion — and this is not financial advice.
The first mint date is the 8th of October, 2021, at 8 pm UTC.
The network will go down. Or the minting service. There’re almost 10k people at Discord at the time of writing. Everyone wants a ninja. Sorry, everyone wants as many Ninjaz as they can get.
Me too, I am no exception. Here’s the info I can give you as an outsider:
- be prepared and have your $ADA ready in your compatible wallet
- the team suggests Daedalus (on a PC) or CCWallet (for mobile) as Yoroi tends to go down under high load
- to mint 1 ninja you need 58 $ADA (plus ~0.2 for transaction fees)
- you can mint a maximum of 5 Ninjaz (290 $ADA + transaction fees)
- the minting address will go live on their homepage at 8 pm UTC
- ~10k people will send 290 $ADA to the minting address, you need to be fast
- 7888 Ninjaz are there to mint
From the points above you can see that not everyone will get a ninja. Some will get more than 1.
If you don’t get one buy some from the secondary markets.
The rarity chart will go live ~5 minutes prior to the public sale.
The launch of ADA Ninjaz is on fire. Even though the presale just started, the whole community is itched.
This project will be with us in the long term. Join the Discord now to secure your spot for the Season 2 and Season 3 whitelists by being part of this awesome community — I hope there’ll be whitelists for the next mints too as this makes life more relaxed.
I am waiting for Season 3, as I have chosen to be part of the Daisuke clan. Q2 is still some months of waiting…
The prices change so fast on the secondary market. The sellers just cancel and re-list their Ninjaz cheaper. And more are added to the list — of course. I cannot keep up the pace editing my writing, therefore, I won’t.