Pricing | Plan out your pricing
Posted: Sun Jan 19, 2025 8:36 am
Pricing | Plan out your pricing and research other similar projects. Don’t expect the world. Start small. You can aim high but don’t exceed your competitors’ price by 100x.
Marketing & Promotion Planning | Figure out your marketing plan and a few buy algeria cell phone number list ideas before you even create your OpenSea account. The more time you spend researching and planning, the better your chances are for actually selling NFTs.
There have been some crazy stories, but don’t count on it. Due to the size of OpenSea don’t rely on minting and forgetting. The chances are extremely low you’ll sell anything.
Collection Strategy | Using a Collection is a requirement on OpenSea. Strategizing the total number of NFTs in a collection is important for example. I would consider Collection strategy to be a best practice. Each NFT is contained within a Collection of similar, yet variated images.
Each Collection on OpenSea has a Floor Price. It’s the lowest price for one NFT in a project. Floor price is a widely used metric to assist in valuing projects.
Build & Engage Community | Building a community around your NFT project is very important. Setting up a Discord and providing project roadmaps, updates, giveaways and support is standard for quality NFT projects.
Marketing & Promotion Planning | Figure out your marketing plan and a few buy algeria cell phone number list ideas before you even create your OpenSea account. The more time you spend researching and planning, the better your chances are for actually selling NFTs.
There have been some crazy stories, but don’t count on it. Due to the size of OpenSea don’t rely on minting and forgetting. The chances are extremely low you’ll sell anything.
Collection Strategy | Using a Collection is a requirement on OpenSea. Strategizing the total number of NFTs in a collection is important for example. I would consider Collection strategy to be a best practice. Each NFT is contained within a Collection of similar, yet variated images.
Each Collection on OpenSea has a Floor Price. It’s the lowest price for one NFT in a project. Floor price is a widely used metric to assist in valuing projects.
Build & Engage Community | Building a community around your NFT project is very important. Setting up a Discord and providing project roadmaps, updates, giveaways and support is standard for quality NFT projects.