Starting Your NFT Journey with KnownOrigin on OpenSea: An Underrated Gem

August 6, 2023 Finley Delouche

In the ever-evolving world of digital art and collectibles, NFTs (Non-Fungible Tokens) have taken center stage. For those new to the NFT space, the sheer volume of collections available can be overwhelming. But fear not, for we've discovered a collection that's not only affordable but also supports individual artists: The KnownOrigin Collection on OpenSea.

Why Choose KnownOrigin?

Affordable Entry Point

One of the most significant barriers for newcomers to the NFT world is the cost. Many popular collections have sky-high floor prices, making them inaccessible to the average enthusiast. KnownOrigin, however, offers a low floor price, making it an ideal starting point for budding collectors. With floor prices below 0.01 ETH at the time of writing, the collection provides an easy entry point for those looking to begin their NFT journey. The affordable pricing allows you to start small and build your collection over time, without breaking the bank.

Supporting Artists

Unlike some mainstream NFT platforms, where artists get a minuscule portion of the sales, KnownOrigin emphasizes supporting individual artists. By purchasing from this collection, you're directly contributing to the livelihood of talented creators, ensuring they get the recognition and compensation they deserve. When you buy a KnownOrigin NFT, the proceeds go directly to the artist. This allows the artists to continue creating and incentivizes them to add value to the collection over the long-term. Your purchase makes a real difference in enabling these artists to pursue their passion.

Diverse Catalog

The KnownOrigin Collection boasts a wide variety of digital artworks, from mesmerizing animations to intricate illustrations. Whether you're a fan of abstract art or prefer more traditional pieces, there's something for everyone. The collection features over 200,000 works spanning different genres, styles, and subject matter. You'll find gorgeous landscape scenes, imaginative characters, geometric patterns, pixel art, and more. With such a diverse catalog of art, you're sure to discover pieces that appeal to your taste. This variety adds excitement to building your collection, as you never know what unique creation you'll uncover next!

Established Reputation

In the risky world of NFTs, it helps to choose a collection from a trusted, established platform. Founded in 2018, KnownOrigin is one of the OG NFT marketplaces. Over the years, they've developed a reputation for selecting high-quality artwork and supporting artists. The fact that they've been around since the early days of NFTs and have continued to thrive is a testament to their credibility. You can feel confident that you're investing in a legitimate collection with real potential value.

Why Start Your NFT Collection Now?

Still not convinced it's time to dive into NFT collecting? Here are some reasons why now is an ideal time to get started:

Early Adopter Potential

Despite the hype, NFTs are still in their infancy in terms of mainstream adoption. By starting your collection now, you’re positioning yourself at the forefront of what many expect to be a massive digital revolution. The growth trajectory for NFTs is incredibly exciting. One estimate predicts the market will grow to over $60 billion in 2024. As an early adopter, you stand to benefit the most from this hockey stick's growth.

Scarcity Drives Value

Most NFT collections have a fixed supply - once they sell out, that's it. With such a limited supply, the remaining pieces may increase in value over time, especially as more people join the market. By investing now, you secure the NFTs at their current low prices before scarcity drives the valuation upward.

Community Membership

Owning some NFTs grants you membership access to that collection's community. You can connect with fellow collectors, participate in contests, access exclusive content from the creators, and more. By starting your collection now, you can get in on the ground floor and can help shape communities as they continue to grow. The connections made can be invaluable.

Supporting Innovation

Investing in NFTs supports innovation in an emerging technology. Much like the early days of social networks, NFTs represent a new paradigm for digital ownership and collectivism. While risky, being an early adopter helps drive mainstream adoption so that technology can progress and achieve its full potential. You get to be part of shaping the future.

Taking the Plunge into NFT Collecting

Ready to take the plunge into NFT collecting? Here are some tips to get started with KnownOrigin:

Browsing the Collection

Explore the collection on OpenSea: https://opensea.io/collection/known-origin
Favorite items that catch your eye to start building your collection
Follow particular artists you want to support and collect
Read the stories behind the artwork to connect with the creators

Joining the Community

Join the Discord to chat with fellow collectors: https://discord.gg/knownorigin
Follow on Twitter and search the #KnownOrigin hashtag: https://twitter.com/knownorigin_io
Interact with collectors on social media to see their purchases
Learn tips and stay updated on new releases & trends

Preparing Your Wallet

Download MetaMask to securely store your NFTs
Purchase ETH from an exchange like Coinbase
Transfer ETH to your MetaMask wallet and confirm funds
Ensure enough ETH is in your wallet for intended purchases

Buying Your First NFT

Stick to your collection budget
Double check that it's the official collection on OpenSea
Preview the artwork fully before buying
Be patient for delivery of your new NFT!

Conclusion

The world of NFT collecting offers immense potential for those willing to take the plunge. While risky, getting started early with a promising collection like KnownOrigin can provide huge upside. Follow the tips above to begin your NFT journey!

Remember, every purchase supports talented artists in earning a livelihood from their creativity. Join the movement and start collecting!

View the KnownOrigin Collection on OpenSea: https://opensea.io/collection/known-origin

This article is intended to be used for informational and educational purposes only. The author is not providing financial advice and any statement regarding investments in NFTs, cryptocurrencies, or blockchain technology should not be considered financial advice. NFTs and cryptocurrencies are highly volatile assets and involve a substantial degree of risk. Please conduct your own research before investing in any digital assets, companies, platforms or services mentioned in this article. The author will not be held responsible for any gains or losses incurred from the information provided here.