Interesting to see how quickly Parrots team can build and roll out more features for its users, how many notable traders/users can be on boarded to the platform etc.Most users will need liquidity on a higher side for NFT trading. Also, NFTs are not fractionalized or liquid. Going forward this field will face stiff competition. Foraying into Copy Trading seems next logical step for them. Passive income can be good ( if user base is high, and team decides to give back profits to NFT holders)Ĭons: There are always competitors in the space like Smart Sea Society and Very Tech, who are already working on NFT analytics and Sniping tool domains.“Copy Trading” truly a game changer in NFT Space.Tech team is also quite competent with devs from Computer Science background (MS. They have been involved in startups and seen successful exits. Additional airdrops are also planned by the team.įounders have adequate exposure and experience in building tech products for a decade. Holders have free subscriptions to traders, premium features like auto-buy/sell, new products being rolled out by the project and also get a potential profit share from the project. It has been downloaded a lot since then and many users have been using this on a regular basis. The sniper extension rolled out by Parrot notifies users of new listings, rare traits and approximate value of the NFTs so that users can snipe. Users can choose to follow them as per their risk levels.
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