17 min listen
303. What to do if NFT Project doesn’t Mint Out? Cut Supply? Air Drop? Slow-burn?
303. What to do if NFT Project doesn’t Mint Out? Cut Supply? Air Drop? Slow-burn?
ratings:
Length:
36 minutes
Released:
Sep 10, 2022
Format:
Podcast episode
Description
Most NFT projects won't sell out on launch day and I'm on record saying those that embrace the slow-burn mindset will be the future blue chips but that doesn't mean that's the only option for NFT founders or what's best for the NFT holders.
What options do NFT projects have if they don't mint out?
Let it ride and embrace the slow burn aka keep marketing till it sells out over weeks or months
Cut the total supply therefore it won't take as long to sell out
Pause the mint and airdrop your current holders an additional NFT
Cut the mint price in half and air-drop those who minted a second NFT
Put a time frame on the mint and burn the remaining supply after that date
So what is best for the NFT founders?
What is best for those that minted already?
In this episode, I tackle this complex scenario that I believe every NFT project must plan for prior to minting and I breakdown the pros and cons of each after having minted every day for a year you could say I've witnessed every single scenario possible.
I use the OneWordBrick project as an example in this episode while we also minted them into our collection.
Mint 365: 301
OneWordBrick NFT
______________________________________________________________
Want to jump into Web3 and NFTs, but aren’t sure where to begin or who to trust?
Discover how to make Web3 work for you—even if you’re a newbie—at the Crypto Business Conference, brought to you by Social Media Examiner. You’ll learn from real innovators and pioneers, make priceless connections with like-minded professionals, and gain a major competitive advantage.
Taking place in sunny Sun Diego, California from October 9th through the 11th, 2022, this is the biggest event for anyone who wants to learn how to put Web3 to work for business.
https://www.socialmediaexaminer.com/nft365
______________________________________________________________
Learn more about the NFT365 Podcast ? https://www.nft365podcast.com/
NFT365 newsletter ?https://twitter.com/iSocialFanz Revue signup!
TEXT to receive SMS announcements (NA only) ? +1 (703) 686-8551
Telegram announcement group (Int’l) ? https://t.me/+cjBcLbt_UtA2Nzlh
Connect with the NFT365 community ? http://Discord.gg/ADHDcoin
______________________________________________________________
Twitter @nft365podcast
FB groups/nft365
IG @nft365podcast
Tiktok @nft365podcast
______________________________________________________________
Connect with NFT365 Podcast Host Brian Fanzo ?https://linktr.ee/isocialfanz
NFT365 is SuperPOWERED by the $ADHD coin ? http://adhdcoin.com/
As always: DO YOUR OWN DAMN RESEARCH
What options do NFT projects have if they don't mint out?
Let it ride and embrace the slow burn aka keep marketing till it sells out over weeks or months
Cut the total supply therefore it won't take as long to sell out
Pause the mint and airdrop your current holders an additional NFT
Cut the mint price in half and air-drop those who minted a second NFT
Put a time frame on the mint and burn the remaining supply after that date
So what is best for the NFT founders?
What is best for those that minted already?
In this episode, I tackle this complex scenario that I believe every NFT project must plan for prior to minting and I breakdown the pros and cons of each after having minted every day for a year you could say I've witnessed every single scenario possible.
I use the OneWordBrick project as an example in this episode while we also minted them into our collection.
Mint 365: 301
OneWordBrick NFT
______________________________________________________________
Want to jump into Web3 and NFTs, but aren’t sure where to begin or who to trust?
Discover how to make Web3 work for you—even if you’re a newbie—at the Crypto Business Conference, brought to you by Social Media Examiner. You’ll learn from real innovators and pioneers, make priceless connections with like-minded professionals, and gain a major competitive advantage.
Taking place in sunny Sun Diego, California from October 9th through the 11th, 2022, this is the biggest event for anyone who wants to learn how to put Web3 to work for business.
https://www.socialmediaexaminer.com/nft365
______________________________________________________________
Learn more about the NFT365 Podcast ? https://www.nft365podcast.com/
NFT365 newsletter ?https://twitter.com/iSocialFanz Revue signup!
TEXT to receive SMS announcements (NA only) ? +1 (703) 686-8551
Telegram announcement group (Int’l) ? https://t.me/+cjBcLbt_UtA2Nzlh
Connect with the NFT365 community ? http://Discord.gg/ADHDcoin
______________________________________________________________
Twitter @nft365podcast
FB groups/nft365
IG @nft365podcast
Tiktok @nft365podcast
______________________________________________________________
Connect with NFT365 Podcast Host Brian Fanzo ?https://linktr.ee/isocialfanz
NFT365 is SuperPOWERED by the $ADHD coin ? http://adhdcoin.com/
As always: DO YOUR OWN DAMN RESEARCH
Released:
Sep 10, 2022
Format:
Podcast episode
Titles in the series (100)
9. Three Accounts You Must Have To Enter The NFT Community: In this episode we are getting to some of the "block and tackling" and breaking down some of the things that I know many are trying to wrap their head around. What is a digital wallet? Do I need an account on a crypto exchange? Where do I see my... by NFT 365 Podcast with Fanzo