NFT Drops – The Weeknd, Illuvium, Top Shot preorder

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This week we’re bringing you the best NFT drops to watch across gaming, collectibles, music, and visual art.

Likely to be the first AAA-quality blockchain game to launch later this year, Illuvium has their public sale this week. Coming in with a confusingly similar name is Illenium, a top-tier Electronic music artist making his NFT debut.

But the biggest news is that The Weeknd (the #1 ranked artist on Spotify) is dropping new music in NFT form.


Illuvium on Illuvium Swap Tuesday 3/30 starting at 8 am PDT (lasts 72 hours)

NFT Drops - The Weeknd, Illuvium, Top Shot preorder

About the creator

Illuvium is an upcoming open-world RPG adventure game with pokemon-like collection and battle mechanics. Items in the game will be NFTs on the ethereum blockchain, but using Immutable X to remove transaction costs and achieve sub-second transaction times. This is a very promising project aiming to be the first AAA-quality blockchain-based game.

NFT Type

Gaming

About the drop

This release is the public sale of the project’s $ILV cryptocurrency, not a direct sale of NFTs. However, the project will release promotional NFTs after the sale is over for those who participated. All ETH used for purchases will be converted to points (1 point per ETH spent) and points can be redeemed for promo NFTs for a short time. Details on the promo NFTs are scarce, but the team mentioned that some emote NFTs would be included.

The price of ILV will start at $50 per token and gradually drop over the course of the sale (with increases as people buy). I recommend waiting for the price to stabilize a bit before buying and make sure you have a Metamask wallet. The mechanics for this drop need more explanation than I have room for here, so if you plan on participating check out their full sale guide.

Sales history

[Insiders Only]

Typical prices

[Insiders Only]

Community

  • Twitter followers: 12.5k
  • Discord server members:18.8k

Verdict

5/5

This game is likely to be huge and with 100% of game revenues going back to ILV token holders this token should perform well.


Euler Beats on Opensea and Euler Beats

Auction: from now to Wednesday at 9am PDT, Print sale: soon after auction ends

NFT Drops - The Weeknd, Illuvium, Top Shot preorder

About the creator

Euler Beats is a project for algorithmically generated art and music. All information is stored on the ethereum blockchain, unlike most NFTs, which store the media file elsewhere.

NFT Type

Music

About the drop

The Enigma collection includes 27 NFTs, which represent a single algorithmically-generated music and art piece. The Originals are auctioned first on Opensea, while prints can be bought after the auction is over. Holders of Originals have full commercial rights and get an 8% royalty from the sale of prints.

The max number of prints for each Enigma NFT is 160 and get exponentially more expensive as more are bought. Print holders can also burn a print and get 90% of the current print price (so could be profitable if several prints were bought after you bought one).

Sales history

[Insiders Only]

Typical prices

[Insiders Only]

Community

  • Twitter followers: 9.4k
  • Discord server members: 2.5k

Verdict

5/5

It’s hard to say how profitable the original auctions will be, but buying Enigma prints before roughly print number 40 is likely to be profitable.


Illenium on Nifty Gateway Friday 10:30/11 am PDT

About the creator

Illenium is an electronic music artist recognized as one of Billboards top electronic artists of the 2010s. He has performed at a variety of big music festivals, like Coachella and EDC.

NFT Type

Likely a music + visual art combo

About the drop

[Insiders Only]

Artist sales history

[Insiders Only]

Typical prices

[Insiders Only]

Artist community

  • Instagram followers: 623k
  • Twitter followers: 214.6k
  • Spotify monthly listeners: 12.4m

Verdict

4/5

Illenium has a sizable audience, but there is some risk that he fails to convert many of his followers to NFT buyers. Still waiting on more details and early images to get a better idea of the drop, but it’s definitely one to keep an eye on.


The Weeknd on Nifty Gateway Saturday 10:30/11 am PDT

NFT Drops - The Weeknd, Illuvium, Top Shot preorder

About the creator

The Weeknd is a multi-platinum 3-time Grammy winner. With over 70 million monthly Spotify listeners, he ranks number 1 in the world.

NFT Type

[Insiders Only]

About the drop

[Insiders Only]

Artist sales history

[Insiders Only]

Typical prices

[Insiders Only]

Artist community

  • Instagram followers: 29.9m
  • Twitter followers: 14.4m
  • Spotify monthly listeners: 70.5m

Verdict

[Insiders Only]


Top Shot Preorder Packs on NBA Top Shot open 3/29 11 am PDT to 3/31 at 11 am

NFT Drops - The Weeknd, Illuvium, Top Shot preorder

About the creator

NBA Top Shot is a blockchain-based collectibles platform built around officially licensed NBA video clips. “Moments” are NBA videos that are minted as NFTs and distributed through packs. Packs drop moments of varying rarity, which can be sold for potentially significant sums of money on their secondary market.

NFT Type

Collectibles

About the drop

[Insiders Only]

Sales history

[Insiders Only]

Typical prices

[Insiders Only]

Community

  • Instagram followers: 89.1k
  • Twitter followers: 217.6k

Verdict

[Insiders Only]


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Author

Stefan Von Imhof

Stefan Von Imhof

Stefan lives and breathes asset analysis and valuations. Before founding Alts, he was the Head of Product at Flippa, he created and ran Flippa's Due Diligence Program, and has bought & sold dozens of websites & newsletters. Prior to Flippa he was the first product manager at HG Insights, a market intelligence company which sold to Riverwood Capital Partners. Originally from Boston and later Santa Barbara, CA, he now lives in Australia with his wife & Boston Terrier, Charlie.

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