Thread by @thedigitalvee

90% of Avatar projects will be forgotten.



THREAD: Some thoughts on spotting the ones that won't
⬇️

Human beings need to belong, now more than ever.



In 2021, internet communities are primed to fulfil this need.

With the recent success of #BAYC, the # of available options has skyrocketed.

Unless you have ETH to 🔥, consider these:

Artwork:



Great artwork is the MINIMUM requirement. It’s not enough.



For most 10k mint projects this means trait variation is wide, and easy to discern visually.

Tip: 🚨 Avoid pixel art (unless it's a PUNK) 🚨

Distribution/ Drop mechanics:



Fair distribution goes a long way towards community sentiment at the start of a project.

IMO, this means RANDOM MINTING of ERC-721s via a website, with IMMEDIATE REVEAL if possible.

Why? ⬇️

Random reveals are fun. ✅
Gas wars on OS pre-mints are not. ❎

Random minting ➡️ high chance of sellout ➡️ stronger secondary market activity.

Delayed reveal allows for Metadata mischief (see bit.ly/SuperYeti).

Tip: 🚨 AVOID FOMO RAMPS 🚨

Roadmap:

Probably the MOST IMPORTANT factor in project longevity.

Made up of clear directives from dev team AND ongoing community initiatives. 🔥

TIP: 🚨 Be cautious of anonymous dev teams ➡️ they could always rug pull. Understand the risk.🚨

You:

Yes. YOU. 👋

Remember, once you invest in a project, you have a stake in its success.

Small contributions to the community add up. 🦾

Apes did this just by #apefollowape and retweeting /engaging with each others content.

Do what you can!

Thoughts recap: ⬇️

1. Great artwork and fair drop mechanics ✅
2. Clear roadmap ✅✅
3. Find small ways to contribute to your chosen community ✅✅✅

Q: What do you look for in collectible projects? I'd love to hear your thoughts!

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