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• 10 pointers to new blockchains integrating NFTs to their ecosystem to both blockchain teams & intended NFT builders alike (myself included 🤷♂️)
1. Larger supply collections are a red flag, reason? Everyone starts to think about it more about its flip possibilities rather than its “onboarding” factor.
Suggested supply? Well start small.
2. Affordable entry (prices should be cheaper). As a new builder on a blockchain, intentions to siphon funds would most likely.
Additionally, bearing the fact that you may have never contributed there, it should be a free mint.
3. Honor the true OGs, those that were there before anything, before the hype, appreciate even the slightest bit of contribution and watch them evangelize you, people would assume you paid them.
4. Be transparent and very clear with communication esp towards the community. There mustn’t be any misuse of words or ideologies with respect to the project.
5. Be versatile, being strict has never benefitted anyone aside whales 😂 and I am sure as hell you ain’t one.
6. As a founder, be involved as much as the project is concerned. You should be the loudest KOL there is, not those larp waiting to flip and leave you to your shit after mint day.
7. Be open to constructive criticisms. You need to study tho, knowing the difference between a critic and a troll is very important for progress. One can “make” you while the other will “mar” you and your build easily. Know when to reply, how to orchestrate your words to fit feedbacks and when not to speak at all.
8. Always reward talents who consistently contribut to your vision (you surely can’t reward every talent but the most outstanding and obvious ones) — they spark more interests than you could imagine.
9. Capitalize on market feedbacks (sometimes we go up, sometimes we go down) understanding these concepts properly helps create room to decide timing for launch. Always read the room.
10. Simplicity is gold, do not over complicate things. It’s okay to take downtime to rework mechanics/mechanisms, such factors might even include blockchain challenges (at times the chain is yet to be able to host JPEGs onchain). Do not launch or kick off an unfinished products the only set that will likely be interested in the unfinished works are “venture capitalists” and if you’ve for no layouts, well, you know what’s next.
Build | Fail? | Rebuild | WIN
Hope this helps (RT if you can, thank you).
1. Larger supply collections are a red flag, reason? Everyone starts to think about it more about its flip possibilities rather than its “onboarding” factor.
Suggested supply? Well start small.
2. Affordable entry (prices should be cheaper). As a new builder on a blockchain, intentions to siphon funds would most likely.
Additionally, bearing the fact that you may have never contributed there, it should be a free mint.
3. Honor the true OGs, those that were there before anything, before the hype, appreciate even the slightest bit of contribution and watch them evangelize you, people would assume you paid them.
4. Be transparent and very clear with communication esp towards the community. There mustn’t be any misuse of words or ideologies with respect to the project.
5. Be versatile, being strict has never benefitted anyone aside whales 😂 and I am sure as hell you ain’t one.
6. As a founder, be involved as much as the project is concerned. You should be the loudest KOL there is, not those larp waiting to flip and leave you to your shit after mint day.
7. Be open to constructive criticisms. You need to study tho, knowing the difference between a critic and a troll is very important for progress. One can “make” you while the other will “mar” you and your build easily. Know when to reply, how to orchestrate your words to fit feedbacks and when not to speak at all.
8. Always reward talents who consistently contribut to your vision (you surely can’t reward every talent but the most outstanding and obvious ones) — they spark more interests than you could imagine.
9. Capitalize on market feedbacks (sometimes we go up, sometimes we go down) understanding these concepts properly helps create room to decide timing for launch. Always read the room.
10. Simplicity is gold, do not over complicate things. It’s okay to take downtime to rework mechanics/mechanisms, such factors might even include blockchain challenges (at times the chain is yet to be able to host JPEGs onchain). Do not launch or kick off an unfinished products the only set that will likely be interested in the unfinished works are “venture capitalists” and if you’ve for no layouts, well, you know what’s next.
Build | Fail? | Rebuild | WIN
Hope this helps (RT if you can, thank you).