wil Profile picture
3 Nov, 16 tweets, 5 min read
#1 critical skill that determines
the success of your NFT project (2/x)
πŸ§΅πŸ‘‡
listen
.
.
.
.
.
reiterate.
.
repeat
this thread is a deep dive of one topic
in the whole series. 2/x

feel free to check out the high level here
rmb, everything that you build is to
serve an underserved market.
- not what you think is wanted
- not what you want

but rather - what your
underserved market is needing.
how?

ask and listen to what they are saying.
- the beautiful thing abt this industry is that there is no shortage of feedback/comments.
- discord/twitter is full of answers.
- you just need to read between the lines and
avoid 2 deadly mistakes
1. feedback fallacy - taking in feedback from everyone without critically thinking whether it fits your project. no one has as much context as you do.
- take feedback with a grain of salt

ask yourself - does this feel right?
your gut will tell you.
2. confirmation bias - seeking info/feedback that confirms our beliefs, ignoring the contrary.
this is really dangerous b/c you end up creating something for yourself and not your market.
- have ppl ard you to always challenge your beliefs and keep you in check
example πŸ‘‡
ytdy i shared the project i've being working on in stealth for a while, lilfooks.

within 24hrs, we had 3k+ ppl join our discord.
(our manifesto - medium.com/@hello_63229/o…)
given the work we've already put in
- i was definitely taken a back when i saw this.

(he is referring to this thread)
Image
i had two choices to make at that moment.
1. ignore this troll - we've committed 100s of hrs to create sth special already, whats does this troll know?

2. challenge our thesis - is this warranted? are we genuine to our own values, our manifesto? are we in it for the long haul
we listened, evaluated and reiterated.
we once again, asked what our community wanted and finally decided to go forward as "the littles"
@thelittlesnft Image
despite the hrs of work,
pivoting on the dime,
this felt right. 🌟

finally, truly us.

magic started to happen.
not just with the community,
but also internally as a team,
we were inspired. πŸ‘‡ ImageImage
then all of a sudden this morning, a collab with a big brand that was long in discussion fell through b/c of the retired project name as well!

thankfully, we listened + reiterated to @thelittlesnft before this msg and we are now back to the discussion table! Image
moral of the lesson:
listen
.
.
.
.
.
reiterate.

you are creating for your community, not yourself.
listen critically, act swiftly.
ps: it is not always rainbows and sunshine...
the aftermath is often... not so pretty.
πŸ˜… thats why my team loves me
something new every day.

(website, pages, discords, emails, social media, banners, partners, lore, etc. you get the point...)
pps: in case you were wondering what we are doing with the littles, come hang out πŸ‘‡
(no grind, no spam, no riddle)
don't ask wen lambo pls.

like + retweet: if you enjoyed this and want more behind the scenes as i #buildinpublic @thelittlesnft

discord.gg/thelittles

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More from @wilxlee

5 Nov
5 Steps to Get Rich in NFTs (without getting lucky):
πŸ§΅πŸ‘‡
inspired by @Loopifyyy @mrjasonchoi @naval 's thread

speaking from a regular dude who got lucky and started 3 mths ago.
first we must understand -
the value you bring is proportional to
how much you will make.

these are the different activities that
allows you to create value.
now lets dive in πŸ‘‡
Read 18 tweets
4 Nov
printing --> inflation --> crypto? πŸ€”
πŸ§΅πŸ‘‡
hearing this a lot.
kind of hard to wrap my head around it,
so lets try to unpack this a little.

to hold up the economy
lets follow the $πŸ‘‡
gov prints $ to buy bonds
lots $ flows to the banks
high supply $ => lower cost to burrow $
lower interest rates (%) = cheap $
cheap$ attracts biz to build/invest
$ used to hire ppl + buy ingredient/material
regular joe now has $ to spend on food/entertainment

economy roars 🐯
Read 15 tweets
2 Nov
how to create a successful NFT series (Your Niche)
deep-dive πŸ§΅πŸ‘‡
this thread is a deep dive of one topic
in the whole series. 1/x

what is a niche?
why its critical to your projects success?
steps in how you can find your niche.

feel free to check out the high level hereπŸ‘‡
so what is a niche?

Niche/niCH,nΔ“SH/
- a specialized segment of the market for a particular kind of product or service

simply put, serving an underserved market
Read 20 tweets
27 Oct
how to create a successful NFT series (guide)
πŸ§΅πŸ‘‡
first in foremost - this will be highlevel and
throughout the coming weeks,
ill drop the deep dive to each.

lets dive in πŸ‘‡
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.
Read 18 tweets
25 Oct
easy #nft flip (+20%)!
πŸ§΅πŸ‘‡
crypto world has soooo many plays.
defi/farm/LP/NFT/etc.

a lot of which are moves caused by "catalysts" aka events.

why? b/c events generate trust/hope/fomo for ppl.
buy the rumor - sell the news
so what do we have to do to win?
anticipate what events will be coming up and which projects will get the spot light.

#NFTNYC2021 is right around the corner frds.
Read 8 tweets
24 Oct
how to transition from
web2 --> web 3
(full job guide)
πŸ§΅πŸ‘‡
we all know web3 is the future,
but how do you make it tho?

how do you transition your real life exp
into this world?

where do you even begin?

this space is unique that we can all make it
i know because
YOU are special🌟

lets dive in!
to begin - i asked u, what do you do? (web2)πŸ‘‡

(thanks for answering)
Read 27 tweets

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