Thread by @nfttech

Everything you need to know about creating an $NFT with exclusive membership as a utility 🤘

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NFT memberships can segment fans bye their willingness to pay. For example, secondary collections can bring in new fans unwilling to pay for the primary collection (think #BAYC & #MAYC). 🦧

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Creators earn more by limiting the middleman. The team keep most of the revenue they earn from the initial mint and also make additional revenue from royalties. #opensea only takes 2.5% ✅

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Creators can more meaningfully acknowledge early fandom. On traditional platforms, a creator’s early supporters don’t reap any rewards as the creator becomes more popular. Projects like #Moonbirds, came from the host of modern finance @kevinrose

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Here's a list of potential utilities your #NFT can provide!

check out the full article here: future.com/a-practical-gu…
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