What I like to see in a good #NFT project on Elrond $EGLD #Elrond these days... (Thread)⬇️
1) Professional Presentation: Good website, social media presences and active community management. EX @SpaceRobotsNFT @BossBeezNFT
2) Good and unique artwork. Not the 100s Punks copy - EX @CybersInAction @SpaceRobotsNFT
3) fair pricing. Projects seem to lose connection to actual usd values...EGLD is more expensive than SOL and yet some projects dare to ask for 1 EGLD+...@SuperRare_Bears had a nice 0.07 presale, @BossBeezNFT 0.15.
4) Don't try to sell me NFTs you mint 100-200* at 0.15-0.2 EGLD. That's BS. You are collecting 40 EGLD for a single work. Not correct.
5) Create Investor incentives. have a roadmap and plans for use cases. Elrond NFTs aren't particular strong on this subject yet. I hope once competition heats up they will make more of an effort.
6) Be unique. Actually @SpaceRobotsNFT stands out on this topic by far again.
7) don't Over mint. Elrond is still a small community and overall NFT market is struggling. Anything over 5000 editions a set seems too much to me.
8) there's many more things that are state of art on other chains already, s.g. royalty pay outs to holders, floor sweeping buyback bots...but this is just a few points I wanted to share. Feedback appreciated. :)
9) one more thing: @ElrondProjectCreators, just imagine you are a musician...make good music and make a comfortable living from a percentage of the royalties, instead of trying to make a quick buck from big and expensive mints with no afterplans :)
10) as it's my thread I take the liberty to amend it - I like when projects are inspired by pop culture and famous movies, et cetera...but they also should respect IP and Copyright. I know this space is a bit like the wild west, but a DMCA claim isn't fun.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Claude M (Elrond NFT Whisperer)

Claude M (Elrond NFT Whisperer) Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Thank you for your support!

Follow Us on Twitter!

:(