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Invisible Friends NFT: A Guide

pink iamge of blockchain with invisible friends man in foreground
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Invisible Friends NFT is a popular collection launched and minted in February 2021 by famous 3D digital artist Markus Magnusson. Each NFT is a unique 3D figure in a collection of 5,000 pieces. The series explores the concept of imaginary friends.

It is one of the first animated NFT series, and its release and immediate success sparked a 3D animated NFT series trend.

The collection was so trendy that KITH, one of the largest global lifestyle brands, collaborated with Markus to create a spinoff series called KITH Friends. This new series was launched in March 2021 and is an ongoing collaborative project between the two artists.

Utility

NFT holders benefit from the collectible by receiving airdrops, one-of-a-kind experiences, and membership in their private group. Most notably, the holders will be able to mint an upcoming 3D series called 3D INVISIBLE FRIENDS by prominent artist Nguyen Hunt.

All holders will have access to the whitelist and presale, which means they can purchase the digital token at a low cost and sell it for a profit. Aside from that, other airdrops of Markus's original artwork are expected in 2023.

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Floor price

Since the start of the crypto-wide bear market in 2022, the Invisible Friends NFTs have been one of the few collections that have maintained relatively strong valuations. The current floor price for the token is 2.4 ETH, or approximately $3,725. This represents a decrease from the project's average floor price of 7.1ETH since its inception.

Is investing in Invisible Friends a good idea?

In the crypto market, Invisible Friends NFT has been one of the most popular and consistent investments. The series value has held relatively well during the 2022 bear market, indicating a large holder base and interest in the collection.

Long-term holders may be rewarded through airdrops and collaborations with other artists. The latest collaboration with Nguyen Hunt shows that the project is gaining traction among well-known artists.

It is a collection worth considering for your portfolio if you're looking for a comparatively safe and established digital asset investment.

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Author: Priya Kumari

Author: Priya Kumari

Priya is a passionate content writer and the co-founder of Finendorse. She is an enthusiastic crypto investor and has a huge interest in the upcoming digitisation age.

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