As NFTs become more popular, it becomes increasingly difficult for new NFTs to be competitive in the marketplace. There are a plethora of NFTs on the NFT marketplace but only a few are sold at millions of dollars. If you are planning to drop your NFT collections then you must approach strategically. Check out the below-mentioned key factors that will help you to make your NFT project more successful.
Before drafting your NFT collections you must ask five important questions. The questions must answer the most important question which is why should people buy my NFTs?
What will make my NFT collections significant?
What makes them different from other NFTs?
Why people must invest their money in your NFTs?
What value will you provide to your customer?
How exclusive are your NFTs?
2. Select blockchain and marketplace
Blockchain networks and the NFT marketplace are two vital decisions that a creator needs to take at the early stage of minting NFTs. While the most popular blockchain network is Ethereum, the popular NFT marketplace is OpenSea. There are plenty of options in NFT marketplaces to choose from but not in the blockchain. So, choose the network and platform wisely to draw maximum customers.
3. Set up NFT smart contracts
After selecting the blockchain and NFT marketplace the next step is setting up the NFT smart contract. The contract will help you to propose a well-structured NFT project to the customers. Decisions that you need to include are as follows.
NFT collections live on-chain or off-chain
Plan to receive a royalty from NFT resale
Maximum NFT mint amount you want to set
Any additional utility that you have built for your NFT
4. Built hype and community
Use social media platforms to build hype before dropping your NFT collections. The more excited audience will be, the more value you could determine for your NFTs. You can use Facebook, Instagram, and Twitter for social media promotion. Discord is another powerful platform to build an NFT community.
About Krazy Kong
Instead of minting NFTs, if you are planning to buy NFT collections then Krazy Kong NFTs is the right choice. Krazy Kong is one of the modern gorillas who is trying to forget his tumultuous past and fit in the modern human society. Through Krazy Kong NFTs we want to bring your attention to environmental and social issues like deforestation, animal rights, inequality, conflict within and between humans and animals.
We are still at the early stage of our NFT project and planning to drop some exciting NFT collections soon on various platforms. Join our Discord to know more about Krazy Kong NFTs.
Discord: https://discord.com/invite/Zv2sQ948XS Telegram: t.me/krazykong
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