I've worked with over 100 NFT founders in the last two years. Here's a common trait the most successful ones all share: They know how to command respect. In web3, there's a constant dance between the founding team and the community. Both need each other to succeed. But there's a risk when the community gains too much leverage. When the founder is dependent on the community for the project's success, we've seen the community become unreasonable with their demands and adopt the bully frame. You can probably trace the downfall of some founders with the moment the community lost respect and confidence for the team. Top founders I've worked with know how to command that respect through their strength of character, communication skills, and past achievements. The dynamic is that the community needs them more than they need the community.
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We agree with Magic Eden when they state that 'creators are the lifeblood of web3.' That’s why we’ve joined the Creator’s Alliance – a coalition of the top NFT projects in web3, who are focused on promoting a sustainable royalty framework to empower creators and grow the NFT ecosystem. With members like Yuga Labs, RTFKT, Pudgy Penguins, Azuki, 0N1 Force, Sugartown (Zynga), DeGods/y00ts, Doodles, Neo Tokyo, Animoca Brands, Creepz, Pixelmon, Wildcard, San FranTokyo, Forgotten Runes, Frame, adidas, Hytopia, Rekt Guys, Ryan ThankYouX, Okay Bears, World of Women, Valeria Games, Deadfellaz, Cyber Kongz, Crypto Ninja Partners, A Kid Called Beast, Army Of Fortune, RENGA, Quirkies, Random Character Collective (Invisible Friends), Degen Toonz, Killabears, Cryptoon Goonz, Steady Stack, Alien Frens, Rug Radio, The Doge Pound, Truth Labs and more. Along with these notable projects, we plan to support the new Magic Eden marketplace on Ethereum. "Together, we plan to advocate for a better industry that safeguards creators and encourages innovation. A big part of this work is supporting marketplaces that enable creators to earn royalties at the rate they set. Yuga and Magic Eden are committing to this philosophy and we welcome others seeking to join the cause. It starts with the Creator’s Alliance and builds with the launch of the ME marketplace with Yuga Labs." Together, we’re building a better future. https://lnkd.in/gzYGEdmd
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In 2023, Blur really made waves in the NFT world by overtaking OpenSea in the top spot for trading volume, boasting a massive $5.7 billion in transactions. However, this headline-grabbing figure has raised eyebrows, especially with concerns over wash trading inflating those numbers. When you strip away these controversial trades, OpenSea still holds the crown for NFT trading volume. Key learning? → The whole scenario shines a spotlight on the crucial need for transparency and ethical behavior in the NFT market. As the industry continues to grow, maintaining honest transaction practices becomes key to building trust and keeping the NFT ecosystem thriving. The comparison between Blur and OpenSea clearly shows the need for clear, fair trading rules to ensure the sector's future health and reputation.
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Your NFT community is your greatest asset. Learn how to cultivate a thriving and engaged community that will support your project's growth and contribute to its long-term success. 5 essential steps inside! [link in comment] #NFTCommunityManagement #Web3Community #NFTGrowthHacks
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Dacoco CEO & Alien Worlds Co-Founder Saro McKenna, is set to speak at NFT.NYC! Catch her on the "NFT Utility - Unleashing Value from Your Community" panel, April 3, from 4:35-5 PM EST on Stage 2. She'll be sharing the stage with Web3Labs' Art Malkov, eco-centric web3 advocate HICeeCee, Jeremy Horn of Xterio, and Ed Prado from RAIRtech. The panel will examine effective strategies for community activation and value creation through NFTs. Expect an in-depth discussion on converting passive users into active community contributors using NFTs. More information in the link! https://lnkd.in/gcYgMd5U
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For most of NFT history, the secrets of how to launch an NFT project were held in the hands of a few market makers. These individuals were often behind the launch of projects that benefited their pockets and not the space. My goal is to democratize NFT marketing knowledge. I want to level the playing field for every founder in web3. Everything I learn working with dozens of clients at any given moment, I share for free. There is no secret sauce hidden behind a paywall. And there will never be. Man, there are so many great founders out there building incredible products! You guys deserve to have access to all the resources you need to succeed! That’s how I want to change the industry; By increasing the success launch rate of the quality projects being built in the space.
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I have more fun with the Team 142 | 333 | 419 📱 #Fire 🧡🔥🎮 GM/FM! Can you remember the last time you played a team game? Confirm you got me. Today is Fire Day, and in the picture, we see a wolf with a human body and fiery eyes. Light radiates from him, friends and allies have gathered around him. The wolf charges towards us, breaking through all barriers. There are moments in life when you've got to bulldoze your way through, or you just can't get past the obstacles. And you gotta do it together, or you won't make it far at all. Plus, from time to time, you need to pull out the map, check your objectives and adjust your course if you've veered off path. Otherwise, you'll end up somewhere you didn't intend to. Time is limited, so are resources. Of course, everything happens perfectly and in its own time, but it's tough to accept and understand that right away. Understanding sometimes only comes after minutes, days, weeks, or even years. Yet again, we learn to trust and to embrace whatever comes our way. Our attitude and outlook not only impact the world around us, but the world influences us too. It's pointless to argue about what's more important – the roots, trunk, or branches and leaves of an oak tree. Without roots, there would be nothing, but without a trunk, even more so, and if you cut off all the branches, the tree won't last long. Everything has its place, and everyone has their own Grand Mission. And it's marvelous to pursue it if you are not alone. 333 — the happiness of the day. We really need it today. 🔥Orange is the color of the day. The color of Fire, the color of Strength. The Fiery WAO-wave of the day: I have more fun with the Team Dare! Sincerity and bravery - these have always been inside us. Team attunement to the Surfers of Fire. WAO 🧡 🔥🎮💔 Heartfelt Thanks to Everyone involved in the 8-stage NFT №419 creation: • Phrase of the day #418 for the smart quote: Pre-flight preparation. • Froge #333 for the cultural ingredient mixed to the genesis art; • Trends of the Day: Twitter #1000x, popular crypto Artrade, NFT collection Frogs on Base, new coin Sowa AI. ➡️Participate in the auction on the Opensea and immortalise yourself through the human input. #WEAREONE Let's awaken and prosper together, in harmony with the waves of the Universe, the elements, and the people around us. Metaphorical text handwritten by Cryptoved based on NFT №419.
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🌟 Explore the highlights from our dynamic #FILLiquid Community Call featuring Wayne, our BD Director! 🚀 🔹 Wayne shared insights on the continuous, real-time emission of #FIG tokens—remember, these tokens need to be claimed actively! 🔹 We discussed the innovative revenue model powered by transaction fees that fuel our ecosystem, enhancing returns for token stakers. 🔹 Cheers to a completed audit and the exciting advancements coming with the restarted public testnet, paving the way for community governance and enhanced FIG staking features. 🔹 We delved into the rewarding OG Program, celebrating active members with substantial FIG tokens and introducing the impactful Guardian Program to foster growth across diverse linguistic channels. 🔹 With an eye on the future, Wayne outlined the roadmap towards our Mainnet launch, emphasizing the importance of comprehensive testing and community feedback. 🔹 The call wrapped with an interactive quiz and plans for new, engaging campaigns to further enrich our community's experience. Thanks to everyone who joined—your enthusiasm fuels our journey toward a robust and decentralized future! 🌍💫 Read More: medium.com/@FILLiquid/sum… #CryptoCommunity #BlockchainInnovation #FILLiquidUpdates
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I looked at the 200 NFT projects with the highest all-time volume. How many have rugged? How many are dead? How many are still building? The results are shocking but not surprising: Of the 200 projects I looked at, 14 have rugged. Among them: 3Landers, Metroverse, Sneaky Vampire Syndicate, JUNGLE FREAKS Genesis and Robotos. Another 21 are basically dead. Activity is limited to reposting content or meaningless posts. On the positive side, 80 of the top 200 traded NFT projects are still relevant today and have teams that are building. The remaining projects have not (soft-) rugged (yet?) and are still working on something, but are also no longer relevant today. Dead communities, no volume, nobody cares anymore. Surprised?
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How to build a web3 community: Old (2021) way: - Mint useless NFTs that have no underlying utility - Create a DAO yet hold the majority of governance tokens - Use snapshot to give a sense of decentralized decision-making - Leverage fakes and bots to prop up the numbers and show traction New (2024) way: - Mint an NFT collection that has real-life value - Distribute value and ownership in the community - Make the decision-making process transparent for everyone - Build an army of dedicated early adopters to act as your ambassadors 100 early ambassadors > 10,000 disengaged members. Follow 👉 Aram Mughalyan & consider sharing ♻️ this post if you like it.
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How to build a web3 community: Old (2021) way: - Mint useless NFTs that have no underlying utility - Create a DAO yet hold the majority of governance tokens - Use snapshot to give a sense of decentralized decision-making - Leverage fakes and bots to prop up the numbers and show traction New (2024) way: - Mint an NFT collection that has real-life value - Distribute value and ownership in the community - Make the decision-making process transparent for everyone - Build an army of dedicated early adopters to act as your ambassadors 100 early ambassadors > 10,000 disengaged members. Follow 👉 Aram Mughalyan & consider sharing ♻️ this post if you like it.
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