GMI
  • Home
  • About
  • Guides
  • Glossary
No Result
View All Result
GMI
No Result
View All Result
Home NFT Creator Guide

5 Critical Elements NFT Founders Must Focus Pre-Launch

by gmiio
April 14, 2022
in NFT Creator Guide
Reading Time: 7 mins read
5 Critical Elements NFT Founders Must Focus Pre-Launch

Disclaimer:

This is not financial advice. Do your own research and seek a financial professional before making any investments. We are not responsible for any issues or loss.

5 focuses as an NFT founder prelaunch
🧵👇

— wil (@wilxlee) November 16, 2021

if you haven’t read this – read it – study it. lets dive

how to create a successful NFT series (guide)
🧵👇

— wil (@wilxlee) October 27, 2021

there are 5 plates that you need
to juggle very well all at the same time
before a launch.

(this is sth i am experiencing right now and will share with examples of each, so you can see + learn in action)

1. tech.
2. team.
3. design.
4. marketing.
5. community. 

1. Tech

in this space, any crack will be
magnified and exploited.
there will 100% be cracks, so what can you do?

– find great devs
– triple check everything with out side teams
– be transparent when you mess up
– bring to awareness
– be vigilant and proactive ie.
honored to have master dev @0xInuarashi as our advisor, along side @CyberKongz ‘s very own council to vet through our contract

we still managed to have a crack
but being transparent is everything
read our response.

issue –> impact –> solution

bring awareness, educate.
don’t do stealth launches
(kills ppl’s time + prone to scam attacks)
this is how we educate👇

be vigilant – mvp @StikTheDip
manually banning 100’s scammers every day

2. Team

ur team is a direct extension of u.
you must be clear of what mission
you are bringing ppl on and
what you value.

– train them.
– empower them.
– inspire them.

when u do this right, this gives u a true power ☺️

ie.
we spent the time to create a manual
to share the vision, the expectations, what we value,
what process to make decisions, etc.

this is our vision
medium.com/@hello_63229/o…

we empower the team to make decisions for themselves and provide tools.

we are the water boy. 

as busy as you are
ur team is ur #1 asset.
never neglect them, listen to them.
take the extra step. 

3. Design

the vision of ur project all comes down to the designs.
– never take “just enough”.
– double check, triple check.
– don’t rush the process. ie. @thelittlesnft
our humble beginnings. 😱
we’ve postponed for over a mth
just to perfect the vision/design
you’ve only got one shot at this
don’t rush it.

4. Marketing

this is a huge one to unpack,
which deserves its own thread later on.

in essence
– for majority of projects
its all abt generating as much hype as possible
– for some projects
its all abt managing expectations and
not over hype what is hype?
more promises –> more imagination of potential
–> more hype –> more demand

THIS is a slippery slope, b/c hype is based on promises and future potential.

which majority of the time,
does not realize or fall flat. manage ppl’s expectation and let the work speak for itself. this is something that is concrete and have substance.

overhype leads to believers getting rekted.
u end up killing the chicken with no more eggs.

short term vs long term 🧠

ie. this is the reason why @thelittlesnft
is holding off on any other announcements.
to prevent believers to get rekted with inflated prices
we hold off until we shake out those in it for short term profits.
then we build tgt.

no empty promises 👇

5. Community

this is the most difficult and
the most crucial to begin with.
what does this truly mean?

its means ppl feel like
they have been heard.

that they do matter. how?
read this again.
“fill a certain void that is
missing in the marketplace.
serve this underserve group of ppl.”

1. identify your niche

reason why pfp projects succeed is way beyond the art.
its not about the fox, bears, toadz, apes, cats, etc.

its abt filling a certain void in the marketplace
its abt serving a certain demographic and
invoking a certain feeling.

— wil (@wilxlee) October 27, 2021

this is by far what i spend
the most time on right now.

i spend a minimum +3hrs/day
replying to comments/msgs
engaging in conversations
taking suggestions.

connecting like a real person.
why? read this.
read it again. 👇

if
u spend the time in curating ur community
u spend the time in vetting as much as u can
u spend the time in the details

your job becomes much simpler as you build.
your adventure becomes much more enjoyable.

— wil (@wilxlee) November 11, 2021

when you connect
you build trust and
trust is the only reason
why ppl will support u. this is also the reason why our presale (wl)
is a project on its own.
why we don’t just raffle and get it over and done with.

we have 15 mods sifting through thousands
of conversation to find the right ppl to onboard, daily.

we will miss some, but at least we try our best. final thoughts:
all 5 steps are important.
don’t build a three legged table.
build a quality foundation.
spend the time now and your life
becomes a lot simpler down the road. 

if this resonates with you
give it a like + retweet it so others can build quality projects and push this NFT space forward together.
🌟🌟🌟

— wil (@wilxlee) November 16, 2021

NOTE

This thread content is created by @wilxlee and shared for educational purposes only.

Tags: insightNFT CreatorNFT Creator basicsthread
ShareTweetSend
Previous Post

How To Allocate Whitelist For Your NFT Collection?

Next Post

3 Rules To Pricing Your NFT Collection

gmiio

gmiio

Related Posts

9 Roles To Hire After Launching An NFT Project

9 Roles To Hire After Launching An NFT Project

April 13, 2022
Case Study: How A Scammer Tried To Hack My Discord Server

Case Study: How A Scammer Tried To Hack My Discord Server

April 13, 2022
NFT Community Playbook

NFT Community Playbook

April 13, 2022
Engage your community using POAPs (they are free!)

Engage your community using POAPs (they are free!)

April 13, 2022
GMI

Copyright © 2022 GMI

Navigate Site

  • About
  • Guides
  • Glossary
  • Privacy Policy
  • Terms and Conditions

Join the community

No Result
View All Result
  • Home
  • About
  • Guides
  • Glossary

Copyright © 2022 GMI

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00