Welcome to the NFT Bootcamp Part 1, where you will learn the fundamentals of NFT’s. Whether just trying to figure it out or are exploding with new NFT ideas, you are not alone. This is a fast-moving, emerging area with hundreds of millions trading. However, in the crypto winter of 2022, many things have changed. …
Here are the most common misconceptions that beginners have about NFTs and the reality. 1. Misconception: The full agreement between the seller and buyer is recorded on the blockchain The contract – or agreement – between the buyer and creator can include all kinds of interesting elements such as future free drops, utility, additional licencing, physical …
So how exactly is NFT value created? The law of supply and demand is operative here, and in the unique world of NFTs during the crypto winter of 2022, there are on three traits successful projects must have: A strong concept, the right collaborators and a vibrant community. The underpinning, however, of value when no …
NFT Bootcamp Module 3: Provenance, culture, utility and value creation Read More »
This post will you through everything you need to know to create your first collection (or just an NFT) on OpenSea from a technical standpoint. The technical end is actually the simplest part but there are still a few things to know. A. Create a profile Click on your icon top right to complete the …
NFT Bootcamp module 4: How to create an NFT project on OpenSea Read More »
So what do customers look for when assessing price and value as an investment from a strictly financial perspective? For investors paying large amounts, anything 1 ETH or more, while it looks like random gambling, they do use analysis. We interviewed a few active NFT traders and while they have different strategies there are a …
NFT Bootcamp Module 5: Inside the mind of an NFT trader Read More »
The music NFT market exploded in 2021 and is still growing, peaking at $27 million in primary sales in October, 2021. Waterandmusic lists 50+ music NFT platforms in its database. This comparison looks at a selection of 8 niche NFT exchanges aimed specifically at the music market with the criteria that they either utilize an …
NFT Bootcamp extra: NFT Music Exchange Comparison Read More »
There are hundreds of options for selecting a marketplace for your NFT. This research report looks at a group of well-known marketplaces, and is more of a spot-check comparison rather than a definitive study, as marketplaces form daily and the industry evolves at equal speed; what is true today may not be true tomorrow. …
Here are some top questions from the NFT Promotions Q&A with Lewna T. during 2/2022; 1. Question: How do you solve the technical aspects of your project? Answer: There is a variety of platforms for turnkey NFT creation. For FooCuties, Lewna Tsuki used one supplied by XRP that walked her through the process of …
A great way to learn and collaborate is to share. This one of Web3Collab’s first sharing sessions for members with new and up-and-coming projects. We categorized the projects into Visual Art, Concepts, Causes, and MetaVerse, and a few combinations of the above, to inspire other artists and investors. Let’s start with a fine artist just …
NFT Bootcamp extra: Ten NFT creators walk into a Zoom call… Read More »
Welcome to NFT marketing. A good place to start in 2023 is with a discussion of how value for NFTs is created. As Harvard Business Review remarked ” How much could a cluster of pixels possibly be worth? More pointedly, why is it worth anything at all?” The idea of value – that is, what …
Many traditional marketing fundamentals apply to NFT marketing, however, it is essential to understand the five steps that are unique to marketing NFTs, and how they work together: Concept, Collaboration, Community, Kick-off & Continue Getting these right is critical. Here is a brief explanation of each one, followed by use cases in later modules. Concept …
NFT Marketing Module 2: Five steps unique to NFT marketing Read More »
If you are a famous artist, then you may already have a concept worked out. However, many NFT projects are now in other categories. The major categories on Opensea: Art, collectibles, domain names, music, photography, sports, trading cards, utility, and virtual worlds. Many entrepreneurs are now looking at projects in which utility focus, then adding …
NFT Marketing Module 3: Developing a killer concept Read More »
Once a concept is in play, it is important to determine who is the target customer for the NFT, or if there are, in fact several groups of targets. For example, targets could include: The community around a cause; investors interested in your category of NFT; the Discord group of the exchange where the project …
NFT Marketing Module 5: How to Identify the target customer Read More »
Once you understand your market, designing a memorable brand for your NFT project is critical, but also easy with all the tools available. Start by thinking about three components: a. Color and Theme b. Name and logo c. Telling a story a. Color and Theme Color and a visual theme are easy ways to create …
People in the NFT community often ask if they even need a website if they are on a marketplace Opensea, the largest marketplace in the world. Isn’t it a bit like Amazon? Yes and no. OpenSea does have world-class SEO, but it has limited space to describe your project, so much noise, and half-thought-through ideas, …
Unless there is an existing community that is substantial enough to launch the project – and even if there is – building the community is difficult work. Creators need to dedicate enough time to find collaborators that already have a community, attend NFT-related events and conferences and use social media to build the group that …
Collaborators are essential to launching an NFT project, especially for project owners just starting to build a community. There are a variety of ways to find collaborators that will help give life to your project and community. The best way to find collaborators is to go to meet-ups and conferences with a compelling …
NFT Marketing Module 9: Finding and incentivizing collaborators Read More »
The three principles of NFT marketing include concept, collaboration, and community. How hard have you worked on making a compelling concept? How much time have you spent reaching out to possible collaborators? Do you have – or if not, how will you build – a thriving community that is substantial enough to sustain the launch? …
NFT Marketing Extra: One collaborator makes $30,000 in NFT t-shirt sales Read More »
One of the best ways to market your NFT is to join and reach out to popular NFT newsletters and news sites. Keep in mind that sending newsletters is means that the newsite has captured an email, not just a Twitter or Discord follower. So while all three are important and preferred by different audiences, …
NFT Marketing Module 10: Top NFT Newsletters for marketing Read More »
There are some great ways to reach out to earned media – that is to get free media – especially from local ones, before resorting to paid media: 1. NFT Calendars Submit your drops to the most popular free calendars. Here’s a short list to start with: NFTCalendar.io NFTCalendar.io is just a great big site …
NFT Marketing Module 11: NFT Calendars and other earned and paid media Read More »
This video from September, 2022, is our latest session in which members share up-and-coming NFT projects.
Watch as Web3Collab members share up-and-coming projects they are working on. * Web 3 data storage, presented by David Turner – Why and how Web3 data storage will disrupt AWS and other centralized storage providers * VeChain’s supply chain solution, presented by Kevin Schumacher VeChain’s motto is “The blockchain built with business needs in mind.” …
The first thing to know about account verification is that it for your account and not “per collection.” A blue checkmark badge on an account means that account has been verified for authenticity by OpenSea. A blue checkmark badge on a collection means the collection belongs to a verified account and has significant interest or …
NFT marketing extra: How to get an NFT verified on Opensea Read More »
A non-fungible token, or NFT, is a digital asset that can not be replicated, in contrast to coins which are “fungible” or identical with an identical value, that serve as a commodity. Anything that is unique and digital – such as at, music, a picture of this article, or even your name – can …
One of the favorite tools used by professional investors is Messari.io. This site allows you to perform two basic fnctions: 1. See live charts to evaluate pricing and buy/sell strategies and 2. Find out what the top hedge funds are holding. Since most of our members are not day-traders, we are going to focus on …
4 Emerging Sectors in Blockchain Technology presented by Collab members.