Month: August 2022

How to Market your NFT Project on NFT Launchpads

How to Market your NFT Project on NFT Launchpads

In this article, you will learn how to market and promote your NFT project and what makes an NFT so attractive to investors. In an interview with a partner of a top NFT investor, it became apparent that NFT platforms are rising consistently. 

Of course, we need to acknowledge the hard work and excellent skills of NFT creators. But, it is essential to underline the unbeatable effort of marketing power to get the projects across to investors on NFT launchpads. 

Talking about marketing, you must create a solid sales method to persuade customers to put their money into your projects. A quick reminder, NFT launchpads are already full of skillful minters competing for the same customer you want. 

But the question is ‘How’? Indeed, when it comes to marketing your projects on NFT launchpads, it is not one size fits all. However, there are certain tested and trusted principles you can apply to get the right results. 

This blog post will uncover some of the basics of NFT marketing strategies that can give your projects an edge over tight market competition. To start, let’s share a story of Nike and NFT startup RTFKT

A Brief History About How Nike Acquire NFT Startup RTFKT

We were the original investor in RTFKT back in 2019, even before they started the company. The three founders are Steven, Chris, and Benoit. I first met Benoit Pagotto when I visited the E3 gaming conference in LA in 2019. He shared his vision of creating a digital sneaker fashion brand. I was fascinated by the concept vision, and we knew people were spending more time in the digital world. So creating a brand for a new digital space is a huge opportunity.

People are used to getting commercial goods in games and other VR spaces, and many gaming companies are embracing creators to launch new content on their NFT launchpad. It resonated with us. So we helped them from the company and some initial funding. It feels like a long time ago, but it was just two years ago.

What is the investment process?

These are a few signs to look out for when determining how interesting or investible a project would be on an NFT launchpad. First, you need to look at how much organic content is generated around the project on the platform and where the younger generations spend their time and money.

For example, many people create content for VR chat and strategize how to list it on a public platform. When they publish that content in the digital world, it becomes more natural and familiar.

In the case of Fortnite, older people are buying skins for $25 or $40, and it is now a trend with the younger generations, who spend more time in the digital space and are more contented buying digital goods even though you can wear them in the physical world.

When companies were building new brands in the digital world, that is spot on, and NFTs are allowing several people to create digital content that is authentic on NFT launchpads.

What NFT Projects Do you want to acquire?

We talked about a company called Jadu in Los Angeles, and they were trying to create an original Pokemon game in the real world combined with NFT and AR technologies. That’s an exciting project to pay close attention to even outside NFT launchpads

Another one we got was Divine Anarchy. If you combine Anime into the NFT launchpad, It’s an exciting effort to connect Anime to the games and create new game mechanisms.

One of the firms we invested in is High Rise, a fashion MMO targeting the younger female generation. Users can buy skins and fashion items where they will have fashion shows daily. They are converting arts and other items into NFTs and are launching a High Rise creator program on NFT launchpads.

What Does NFT Mean in Gaming?

In the gaming world, starting from Axie Infinity and Animoca Brands, so many companies are trying to convert NFTs into gaming. Also, some companies are waiting from the sidelines, but there will be a lot of ample opportunities for creators, artists, and game studios to look into it.

NFTs are taking on unique shapes and not just art. It has gone beyond the casual. They have utilities beyond just being hung on a wall. From blending fashion to anime mechanics in the digital world, it has been a fascinating time.

Are NFTs a Good Investment Opportunity?

When we first saw Bitcoin in 2010 or 2011, we didn’t think it would be an opportunity. We bought and sold a few rights after Bitcoin was only around $300. We lost a massive fortune on the table. That was only one of our early big learning lessons.

When mobile gaming became a trend, most people assumed it was just a fluke or a tiny portion of the large gaming market. Now mobile has become two-thirds of the gaming market. A lot of people and we missed this opportunity.

We didn’t want to miss any other emerging platform like NFT launchpads. When we first learned about VR, we started investing. We took the plunge when we saw blockchain technology and invested in it quickly too. Those lessons also pushed us to look for new opportunities in the digital space. Currently, technologies like VR, blockchain, NFTs, and Metaverse have a significant historical moment that we will realize in hindsight.

In Conclusion

We have strategically presented how you can take advantage of the NFT launchpads and other marketplaces to teach you first practical ways to benefits from NFT projects. From how Nike, the shoe company, first spotted RTFKT and acquired it, that’s an excellent way to learn pro marketing techniques that will separate your NFT project from your competitors on the platform. You also know how to generate a fortune from the organically growing community.  

Before you begin strategizing on how to promote your NFT on NFT launchpads, you need to draw a solid marting plan and manage your ads adequately to get the best result. 

Most Frequently Asked Questions About NFT Launchpad Mining

Most Frequently Asked Questions About NFT Launchpad Mining

The recent boom in the NFT marketplaces has awakened many people as non-fungible tokens became the new source to make a fortune. As the trend continues to surge, competent NFT experts are making interesting impacts by creating valuable digital assets that command huge sales and profits. 

As the NFT community grows, more people are putting their skills on the line to create more upcoming nft project on various NFT launchpads. Have you ever heard the word ‘mint’ before? Now you can understand better. 

Related: Most Frequently Asked Questions on BNB Crypto Launchpad Subscription

NFT launchpads offer you numerous opportunities to make money in whatever capacity you want. Depending on your financial strengths and goals, you may participate on the platform as a creator or inventor. To create on NFT launchpads, you need to learn more about mint.

What does it mean to mint on NFT launchpads?

In the NFT space, Minting means publishing your unique token on a blockchain to make it purchasable for interested investors. In simpler words, it lists a token you created for sale on the NFT launchpads where customers can see and buy it. 

Most Frequently Asked Questions About NFT Launchpad Mining

Here is a simple step-by-step for minting: you first create a digital wallet that can protectively store cryptocurrencies. Some of the most prominent wallets for Minting are MetaMask, Coinbase, and Rainbow. After that, you will have to purchase a little crypto to cover the charge of minting on the NFT launchpad. Lastly, you will link your wallet to a credible online marketplace such as OpenSea, Zora, and Raible.

It is possible you still don’t understand how NFT works even though the concept is fast rising. In that light, we have helped you compile a series of most frequently asked questions on NFT Minting, and we provide tailored answers from experts to clear your doubt. 

These FAQs are also here to give you helpful tips when troubleshooting during a live mint. You can refer to this article whenever you have issues when minting on an NFT launchpad. Without further ado, Let’s go into the questions and answers.

Most FAQs about Minting on NFT Launchpad 

Why can’t my wallet connect to mint on a launchpad?

There have been many issues about the wallet not connecting to mint on different NFT launchpads. So, you are not the only one experiencing hitches with your wallet. To solve that issue, you must clear every cache on your current browser to free some spaces. Then, try connecting your wallet again. If the problem continues, you may use another browser – preferably Google Chrome. Most minters across various launchpads use chrome or Brave.

Most Frequently Asked Questions About NFT Launchpad Mining

Why am I still unable to mint even as I’m on the whitelist?

This problem seldom occurs, but it is easy to solve. If you are on the whitelist and cannot mint, it is likely that your wallet address has not been added to the whitelist. Meanwhile, the address may be written on the initial list, and it didn’t make the final list. Some NFT launchpads require collections to tender the final whitelist about two days before the launch. If you can find your wallet address in the final whitelist, kindly contact the platform’s helpline.

Why is my transaction not going through after I have clicked on the ‘mint’ button?

Yes, you may be frustrated seeing ‘transaction failed’ consistently as you try to launch. When that happens, it is primarily a result of network congestion. NFT launchpads are global platforms. By implication, you should expect that a lot of people are also mining when you are trying to do the same, which could cause network failure. 

The only remedy to this issue is to wait a bit and try to click the ‘mint’ button again to resubmit the transaction or start another one. Here is another trick: try to open multiple browser tabs and shuffle between them at intervals. It may increase your chances.

I can’t mint an NFT; why?

 As said earlier, many people might be trying to mint at the same time as you, and there is a limited supply of the token collection. As multiple transactions are going on simultaneously, some are expected to fail while others go through. So, if yours fails, don’t be frustrated. Know that many other minters are facing the same problem as yours. This issue always happens when you mint a popular collection—a little advice: You may deliberately choose a less popular collection to have a smoother flow.

What can I do to increase the chance to mint more successfully?

Of course, you can improve your chances of minting more efficiently with a few tricks. Ultimately, you make sure you get a fast and stable internet connection. Then, you may choose a PC over a smartphone in the process. Although, several resourceful smartphones can help you mint without stress. Yet, computers have proven to be faster on different occasions. 

Most Frequently Asked Questions About NFT Launchpad Mining

Why can’t I mint even with the right amount of SOL?

Due to Solana’s transaction fees, you may have to get more SOL than the estimated price of the mint. Meanwhile, you don’t have to spend more than necessary. You only need around 0.02 SOL to make things perfect. So, if you cant mint on NFT launchpads, check your balance.

When will my NFT project get listed on the platform for sale?

For most NFT launchpads, your mint gets listed for sale after completing the Minting. If there is any delay afterward, you may check the network and refresh the page to see updates about new listings. That is more reason to ensure you work with a fast and reliable internet connection. 

In Conclusion

The above questions and Answers cover everything you need to know about minting on NFT launchpads. If you follow the simple instructions in the answers sections above, you will mint like a pro even if you are a first-timer. 

Most Frequently Asked Questions on BNB Crypto Launchpad Subscription

Crypto launchpads are the platform where creators and investors meet to have a smooth, profitable transaction. On this platform, creators can showcase their ideas and concepts to a large audience of investors who decides to finance the project before it is even minted. 

Crypto launchpads make the creation and sales of new crypto project easier, quicker, and better. As a newcomer, the platform has been designed to help you get the necessary help without stress. Crypto Launchpad makes it easier to invest and trade on crypto projects. You can benefit from several opportunities if you are on the right platform. Click here for how nft launchpad games project work.

The platform has contributed immensely to the crypto space’s growth and development, building a solid community for cordial interactions. Meanwhile, some of the crypto launchpads available require that you subscribe to the platform. 

As a participant, you may have to pay a token to join some of the top crypto launchpads. Binance is one of the crypto-based platforms that require users to subscribe to become active in the space. If you want to participate in the BNB crypto launchpad, this article is written to show you the road map. 

Most Frequently Asked Questions on BNB Crypto Launchpad Subscription

Recently, people have been asking serious questions about whether they can subscribe to the BNB crypto launchpad. We guess you also have some critical questions, and that’s why we have dedicated a whole article to every question in your mind. 

Here are the most frequent questions people ask about the platform and direct answers to give you a headlight. 

Most FAQs about the BNB Crypto launchpad

How can I participate in the BNB launchpad?

It’s simple. You only have to sign up and create a wallet on the platform. When filling out the signup form, you are advised to provide accurate information to make your verification easy. Binance always conducts a simple verification exercise for every participant. If you miss out at that stage, you might not get to participate after all.

How does the new BNB crypto launchpad format work?

The BNB crypto launchpad now runs in a new format which might be strange to you as a newcomer in the space. Here is the breakdown of the format n steps. 

Step 1: Calculate your limit

Your participation limit is solely determined by the average BNB balance in your wallet over a specific period of days. In this period, you are not expected to stake or perform any other task with your BNB until your participation eligibility is settled. As a new user, you may have to contact customer support if the process takes longer than necessary.

Step 2: Commit BNB

Once the platform has confirmed your participation limit, you are eligible to lock some amount of BNB to your confirmed participation limit to get some tokens from the BNB crypto launchpad. Note that there is no limit to the amount you can lock up to your participation limit. 

Step 3: Calculation 

Once you have waited for your BNB commitment period to be over, the platform will calculate every user’s token allocation. This process may take up to an hour or more, depending on the speed of your device. 

Most Frequently Asked Questions on BNB Crypto Launchpad Subscription

Step 4: the platform deducts BNB for the launchpad’s token 

After your final allocation might have been determined, the platform will remove a portion of your locked BNB for launchpad tokens. The platform will then automatically transfer your launchpad token and BNB to your spot wallet. 

Will the BNB vault count when calculating my participation limit?

Yes! The average BNB calculation tallies with the launchpad lottery format. All users are permitted to keep their BNB in the BNB vault; the same amount will still count for your participation limit. You can ask customer support if you need the list of all accounts that record all BNB balances.

Why do I have to commit to my BNB?

You only need to commit your BNB during the platform’s subscription period after the average BNB has been calculated. Please report to the customer support team if there is an issue with the dates, time, or period. 

What is the meaning of the ‘hard cap per user’?

The hard cap is the maximum amount of BNB crypto launchpad token allocation you can receive as a user. Mind you, don’t mistake it for the maximum amount of BNB you can commit on the platform.

Can my BNB be locked during the average BNB calculation phase?

The answer is no. your BNB cannot be locked during the daily calculation phase. Mostly, it can be in any of the accounts accepted on the platform. But, whatever the case, your NBN is not locked during the calculation period. 

Most Frequently Asked Questions on BNB Crypto Launchpad Subscription

Where is the committed BNB locked in the subscription period?

For the records, your committed BNB will be locked in a different crypto launchpad wallet when the subscription period is on, but you have control over it. You can lock your BNB any time you want during the subscription period. You can even do that within the last thirty minutes. In case you can’t get access to your BNB after you have committed it, don’t panic. It is the proper process. 

Can I commit my BNB even if it’s in the BNB vault?

Of course, you may need to keep your BNB in the vault to count for your participation limit; you should redeem your BNB from the vault to your spot wallet. But, you must do that during the subscription time to commit BNB.

What is the minimum amount of BNB I can commit?

You can commit an amount as low as 0.1 BNB. Although, it is better to push it higher to stand a better chance of gaining more. 

Finally 

BNB platform is one of the most active crypto launchpads for experienced users. Using the platform might require you to learn some tips from existing users. However, Binance is among the most respected crypto=based platform with numerous profit-making opportunities. You can check the help and support page on its official website or app for more details about how it works and what it requires to participate on the platform.