Q: Some NFT projects just seem to storm onto the scene and capture a significant share of the attention within the NFT ecosystem. In your opinion, what are the factors that contribute to the success of these projects and enable them to quickly build large and engaged communities?
A: First you have to have a very detailed and thorough plan of attack, also the core team has to be made up of a set of high-performing individuals who can execute at a high level in their field of expertise, and all members have to push towards the same direction in unison.
A sense of ebb & flow of the NFT space is also crucial to have to predict where trends might go. Also you have to KNOW that the #art you are creating is good, there is no room for slithers of doubt.
And as always consistency of quality throughout pre/post launch is key.
Q: How do you see the #regulations of NFTs evolving? And what impact do you think it will have on the industry as a whole?
A: Currently there is a lack of clarity around regulations as they are not well-defined yet, since NFTs have a broad use case and application, and new NFT projects should be very cautious about how they proceed.
Though down the line #KYC of all users will be the standard.
Q: How do you balance the need for accessibility and inclusivity with the scarcity and exclusivity that often characterize NFTs?
A: As a project, it is essential to proactively manage supply and demand. This involves closely monitoring the growth of the community and responding to feedback in a timely manner. Adapting to changing demands and needs is crucial for a successful and sustainable project.
1/ Other DeFi projects launching through the Entity Launchpad will get the benefit of instant listings on DX25, and also will take advantage of the advanced liquidity options that are highly efficient, bringing more rewards to LPs and allowing price formation in illiquid markets.
2/ In addition to one-sided liquidity provision, concentrated and full-range liquidity, DX25 will also enhance MultiversX DeFi with a range of powerful features such as on-chain derivatives.
At Entity, we are excited to leverage this partnership for the benefit of the community.
Q: What is the process for listing #tokens on AshSwap (V2 Pools)? Is it going to be fully permissionless? If not what are the criteria for listing?
A: We would love to make it fully permissionless but at the beginning it will be better for projects to contact @ash_swap for the listing procedure, and in time this responsibility will be passed down to the #DAO.
As the Battle of Launches gears up for an intense week ahead, we extend our gratitude to the supporters who are propelling the testing of the forthcoming major Launchpad on the #MultiversX ecosystem.
Let us delve into the pioneers who are helping us drive innovation forward🧵
This cutting-edge #staking provider has been building advanced cloud infrastructure since 2005.
Offering high-quality and secure services at reduced costs takes a bit more effort and investment than simply just spinning up services in a public cloud.
Q: What is the most underrated aspect of your project?
A: The reroll system is one of the things that makes them stand out, which is integrated into the lowest 20% rarity NFTs and lets you reroll into a non-rarity dilution Collection called the Vice Collection which is a lot more scarce.