What is Invisible Friends?
Invisible Friends is one of the most valuable animated 3D NFTs on the Ethereum network that was released by Markus Magnusson, or @MotionMarkus on Twitter. The collection was one of the first animated series of NFTs and created a trend of 3D animated NFT series after its release and immediate success.
The collection was so popular that KITH, one of the world's largest lifestyle brands, partnered with Markus to develop a spinoff series called KITH Friends. This new series was released in March of 2021 and is an ongoing collaboration between the two artists.
Do the Invisible Friends NFT have Utility?
Holders of the Invisible Friends NFT get utility out of the collectable through airdrops, unique experiences and membership to their private group. Most notably, Invisible Friends holders will get the opportunity to mint an upcoming 3D series by prominent artist Nguyen Hunt called 3D INVISIBLE FRIENDS.
All Invisible Friends holders will get access to the whitelist and presale, which means they will be able to get the NFT at a low price and have the opportunity to flip it for a profit. Outside of this, there are expected to be other airdrops in 2023 of unique art created by Markus.
Invisible Friends Traits and Rarity
The Invisible Friends series has 12 different properties which differentiate each NFT. The rarest traits are Ghost & Spooky traits, which typically fetch a higher floor price of around 5-6 ETH. The 12 properties in the collection are:
- Left Arm
- Right Arm
- Upper Body
Invisible Friends NFT Floor Price
The Invisible Friends NFTs have been one of the few collections that have maintained relative strong valuations since the beginning of the crypto-wide bear market in 2022. The current floor price for Invisible Friends is 3.2 ETH or about $4,500 in US Dollar terms. This is roughly a 50% drop from the average floor price of 7.1ETH since the launch of the project.
You can find the live floor price data here.
Is Invisible Friends a Good Investment?
The Invisible Friends NFTs have been one of the most popular and consistent investments in the NFT marketplace. The series has held its value relatively well during the bear market of 2022, which highlights a strong holder base and interest in the collection.
For long-term holders, the project offers potential opportunities for appreciation in the form of airdrops and partnerships with other artists. The most recent partnership with Nguyen Hunt is a strong indication that the project has growing interest from well-known artists in the scene.
If you are looking for a relatively safe and established NFT investment, Invisible Friends is a series worth considering for your portfolio.