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NFT membership is an exciting way to grant access to exclusive digital content and experience. Many business industries are exploring the uses of digital assets like NFTs. For example, gaming studios could create an NFT that grants a buyer access to their next release. Similarly, music companies and media companies could offer exclusive access to release of their new content using NFTs.
NFT membership is a defined category in secondary markets like OpenSea. There are several NFTs in this category. Some of the trending NFTs are discussed here.
Metal Tools Access Pass Membership NFT
Metal Tools Access Pass is a membership NFT collection of 230 items with a market cap of 552 ETH. It was created in August 2023. The NFT provides lifetime membership access for Metal Tools Trading Suite. It has a total volume of 451 ETH and the floor price of 2.57 ETH. This NFT has 213 owners with 93% unique owners.
The last 7 days’ data on OpenSea shows that it has a volume of 135 ETH. There were 87 sales in a week with a price floor of 2.57 ETH. The ownership data shows that there are 203 owners for 1 item, 8 owners for 2-3 items, 2 owners for 4-10 items. There are no owners for 11-25 items and 26-50 items.
The volume and price chart shows that there were 18 sales on August 8 with the average price of 1.52 ETH. The sales were reduced to 6 on August 12 with an average price of 0.9328 ETH. August 14 data shows an increase in sales to 11 with average price of 2.5535 ETH.
Cult Membership NFT
Cult membership NFT has 1,377 total items. It was launched in July 2023. This NFT has a total volume of 32 ETH and a floor price of 0.162 ETH. The NFT has 691 owners and 50% unique owners.
Last 7 days data on OpenSea shows that it has volume of 18.12 ETH with 135 sales and 0.162 ETH floor price. While observing the volume and price chart it is seen that the number of sales is 6 with the average price of 0.0592 ETH on August 8th. These numbers show an increase with sales 19 and average price 0.0741 ETH on August 12. Further it shows a huge increase on August 13 in sales to 49 with an average price 0.177 ETH.
The ownership data shows that 470 owners have 1 item, 159 owners have 2-3 items, 53 owners for 4-10 items, 8 owners for 11-25 items, 1 owner for 26-50 items and no owners for more than 50 items.
Flyfish Club Membership NFT
Flyfish Club Membership NFT has a collection of 3,035 items. It was created in December 2021. This NFT provides access to their restaurant and various culinary, cultural and social experiences. These access are for the token holders.
It has a total volume of 9,915 ETH and floor price of 2.2 ETH. The last 7 days chart shows that it has a volume of 4.17 ETH with only 1 sales and floor price of 2.2 ETH. The volume and price chart shows the only sales on August 13 with an average price of 4.17 ETH.
The ownership data shows that 1,135 owners have 1 item, 161 owners have 2-3 items, 30 owners have 4-10 items. There are no owners for 11-25 items and 26-50 items. While there are 2 owners for more than 50 items.
Summary
Membership NFTs are a way to gain access to various events occurring in the digital community. This also provides exclusive experience. Besides membership NFTs some other membership NFTs that are trending include Kanpai Pandas Final Chin WL Pass, VaynerSports Pass VSP etc. For a great experience, one should look for membership NFTs but proper research and market knowledge is always advisable before investing.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
