How to start an NFT project
Whether we like it or not, NFTs and the metaverse have come to stay. People and companies alike are jumping on the hype and launching their own collections. Some shy away, thinking the tech needed to launch a collection requires a large team of people who have done this before.
Thanks to SWAPD, this isn’t the case. We have numerous service providers offering to hold your hand throughout the entire process. Our fleet of service providers can help you with everything from art creation to Smart-Contract validation and launch.
But what’s required to launch a successful NFT collection?
While there are no bulletpoints that needs to be ticked in order to determine an NFT projects success, there sure are ways to avoid a disaster.
Art, Concept & Utility
You might find it handy to work out the face of your project and collection before you start getting the tech in place. Collectors and investors don’t just purchase your NFTs because they “look nice”. This is the world of crypto. People want to make money. How is your collection going to help them make money? What are the plans for your collection? Where do the proceeds go? These are some things your collectors want to know.
Community
NFT communities flock together on Twitter and Discord. Having an established presence on these platforms is crucial and determines the longevity of your project and your success. Keeping an engaged community is key to maintaining the hype required to generate FOMO (Fear Of Missing Out) & keep your project pumping.
The Tech
Operating an NFT project on the blockchain requires some tech work. Minting engines, smart contracts, websites & marketplaces. The most popular NFT projects are launched on the Ethereum blockchain, and NFTs from these Ethereum collections are sold & purchased via marketplaces like OpenSea.
Benefits of creating an NFT collection – the next big thing?
It’s becoming obvious that creating an NFT collection can be a lucrative business venture. Massive brands and enterprises are entering the NFT space with their own collections, and some cash out millions of dollars. But besides the money that can be made with an NFT collection, artists and tech-savvy people can make a pretty decent career out of venturing into the metaverse.
Where to, from here?
Creating a successful NFT collection isn’t done overnight. There are many pieces that must fall into place. Lucky for you, SWAPD has your keys to success. Whether you’re after NFT-development services, social media & community growth-services, influencer marketing or art creation, we got you covered. Connect with some of our NFT specialists & service providers, and take your project to the moon! 