NFT tools have been the hot topic for many months now and as new projects come to the field, many new ideas and creative utilities are introduced to the space. These tools give you a greater advantage in the NFT space and are quite common to come around when looking for them. Many projects aim to be the BEST at “tool production” and some provide it as an extra benefit of holding the NFT. Keep reading along and I will get into what specific tools do, as well as who the best providers of these tools are.
What are the different tools provided in the NFT space?
While browsing through Twitter, OpenSea, etc, you can see many tool providers and what they have to offer. Some of these tools could be a private node, minting bot, pre-mint bot, analytical tools, and so much more.
To get into what these tools are, a private node is a tool that helps you skip the default Metamask transaction queues and be one of the first in line for mints. A mint bot is a tool that generates x amount of wallets and automated the process of minting in bulk, so when a hype mint comes around, those wallets will try to purchase the NFT simultaneously. Last but not least, an analytical tool is one that collects data from different NFT exchanges and makes it easier to view sales, listings, etc.
“The main benefit of a tool is being able to see listings/sales real-time, charts like listings, momentum, and selling walls all help you make up a decision”Usssobi, Alpha/Shot-caller at Alpha Omega
There are so many more tools that are provided to the average NFT consumer and if chosen correctly, they could make your NFT journey that much better.
How to know which providers are good or not?
The simplest answer to this question would be the team behind the project and the effort the developers put into making the tool(s) the best they can. Projects come out every week claiming they have the best tools on the market, when in reality, there are thousands of others doing it much better than them. For example, projects like NFT Nerds, Icy Tools, Moby, etc., have managed to be considered one of the most well-known tool providers in the space due to the fact of their quick, visually pleasing, and well-developed tools.
Although these tools follow the qualities above, it is no secret that it makes more sense to purchase a subscription via an alpha group that caters to all forms of utility. A great example would be Alpha Omega’s Discord, where we provide an abundant amount of utility like alpha, giveaways, a private node, and a soon-to-be mint bot.
All in all, there is no good tool and no bad tool, it is the price you pay for what you receive in return. Gaining access to a group full of like-minded folks where you get tools, alpha, and much more, would give you a better bang for your buck than purchasing an NFT for just an x amount of tools.