NFTs aren't just about art.

@john_c_palmer raised more than $28,000 for writing an essay about hyperpop.

@khole_emily crowdfunded $50,000 within 24 hours for her novel.

@jessewldn's patronage+ model is changing the static web2 content monetization model, one step at a time 🧵 1/ The original attention economy is evolving into an ownership economy.

Content creators were powerless with web2. Ownership lied within the hands of hyperscalers and giants.

But with the advent of blockchain and NFTs, the scales of power are tilting in favour of creators.

As @garyvee once famously said, “98-99% of NFT projects will end up being bad investments.”

So how can you outshine the competition and separate yourself from the web3 crowd?

Here’s a guide to empower founders with the right tools and principles to build the future of web3 🧵 1/ 70% of startups fail within 10 years. Growing a startup is a long-term mission to reach your vision. A vision of a brighter future for everyone, not just yourself.

Innovators don’t realize this. With the rise of NFTs and it’s unregulated nature, anyone can be a web3 founder.

Enough grinding for WL--it’s unhealthy both for the creator and the buyer.

@zipcy8888 filled up their WL by promoting UGC. It's now up by 468%.

@pixels_online gamified WLs--the floor's increased by 2045% upon mint.

Here are 5 ways you can build a healthy WL🧵

#NFTs #NFT 1/ Whitelist: A method for securing initial funding and building the initial community for projects. On paper, it’s a perfect solution for NFT creators, the project as a whole, and early adopters.

Community is more important than art and utility.

Mfers floor rose by 4683% without a roadmap and laughable art.

@alienfrens broke Twitter with a floor increase of 7350%--based entirely on good vibes.

Here are some reasons why community outweighs the rest 🧵

#NFTs 1/ Blue chips projects are the leaders of the NFT world for one good reason: They’re the perfect marriage between community, utility, and art.

@TurtleTownNFT--the next PFP project to join the ranks of Alien Frens & CryptoMories.

A closed, tight-knit community curated by the founder for months.

A cute, PFP art done right, with over 300+ badass hand-drawn traits.

A gamified whitelist process.

More below 🧵 1/ Recently there’s been a surge of poorly executed launches.

Founders dive into NFT projects with the hopes of raising millions in funding through greedy mint prices, putting the community in hindsight.

How @wunksnft could position itself as a platform for women-led NFT initiatives.

🧵👇

#NFT #NFTCommumity #wunks 1/ Wunks is a collection of 6,000 women-themed punk derivatives. It was founded by a husband-wife duo with one goal in mind: To build a supportive community for women-led initiatives.