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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?

FromNFT 365 Podcast with Fanzo


303. What to do if NFT Project doesn’t Mint Out? Cut Supply? Air Drop? Slow-burn?

FromNFT 365 Podcast with Fanzo

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
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Learn more about the NFT365 Podcast ?  https://www.nft365podcast.com/
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TEXT to receive SMS announcements (NA only)  ? +1 (703) 686-8551
Telegram announcement group (Int’l)  ? https://t.me/+cjBcLbt_UtA2Nzlh
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Twitter @nft365podcast
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IG @nft365podcast
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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)

The first daily NFT podcast that's also buying an NFT every day for 365 days: NFTs 365 is hosted by Brian Fanzo aka @iSocialFanz Brian Fanzo is a Digital Futurist, Keynote Speaker and Web 3 Visionary that has worked with brands like IBM, Dell, Samsung, Twitter, SAP, Adobe, Oracle, UFC, AWS and MGM just to name a few! The first DAILY NFT Podcast powered by $ADHD coin on Rally.IO and includes short educational episodes, breaking news, emerging Web 3.0, metaverse, creator coins and cryptocurrency trends and exclusive interviews. When it comes to learning technology, Understanding Non Fungible Tokens as Newbies or Geeks. Brand adoption of web 3.0, blockchain, the metaverse, digital transformation, future of work, cryptocurrency, creator coins within the creator economy and technology innovation this is the podcast for you. If you are struggling to understand NFTs or don't know where to start with NFTs or maybe looking for NFTs for newbies this is the podcast for you. The focus is on helping you embrace change, be educated on where the future is going, motivated by what's possible at a high level while being inspired to be curious, fail forward and try something new. The future of business is a community and the future of marketing is relatability and in this web 3.0 digital-first world leading us to the metaverse, this podcast will help you see the future and plan today to make it happen. This is for managers of technology, marketers, sales, coaches, network marketers, and you traditional investors looking to embrace innovative technology this is the palce. Things like smart contracts, IP rights, metaverse, blockchains like ethereum, bitcoin, solana, cardona and also Palm, Rally.IO and more. Interviews are using Clubhouse, Twitter Spaces, Facebook LIve, Instagram Live and Linkedin Audio. There will be founders of projects, collectors of art both traditional art and visual art, creators looking to find developers to managers and executives looking to understand who they need to hire in the web 3.0 digital world. It doesn’t matter if you’re a gamer already playing in the metaverse or parent looking to understand the trends your kids are entering in with NFTs, cryptocurrencies, block chain and social tokens we will cover it all with this daily form. Brian is an international keynote speaker and has hosted 7 podcast that have included Adobe, Oracle, Dell, Ibm, UFC, Applebees and work brands like Vayner Media, Be The Change Studios, MGM Grand and more. We will be talk about removing the starving from starving artists while also covering the importance of storytelling in the Web 3.0 world and what digital artists must to thrive in this space. If you are looking for how to make money in 2022 and do what you love while loving what you do this is the podcast for you. This is the best NFT podcast in the Top 25 in all podcasting apps with evergreen content that also covers the trends of today and the future innovation of tomorrow. NFT365 is focused on translating the geek-speak around the creator economy, web3, blockchain, cryptocurrency and the metaverse with the goal of helping the audience HEAR the harmony between technology and humanity empowering us to re-imagine the digital future together.