by Surely if you are a professional NFT creator then you will be very active on social media as well. But if you will not do some work then you will not get much benefit from NFT and you will not be able to get good results from them. And even if any of your NFTs are sold, then they may not get good results in the future. So today we will tell you some new tips which will help you a lot in selling your NFT. People really need to buy your entities to earn money from NFTs.
Why would people buy your NFT? It is very important to consider this. A few years back people used to buy NFTs only because they liked those NFTs. Sometime before today, the NFT market was like an open ocean where there were many NFTs and when a buyer liked any NFT, they used to buy it. Because they liked the look of them. But now it is not so at all. Now buyers are looking for something special. which is useful to them. Which are functionally effective for them, which they can use further. Now, most of the buyers are looking for functional NFTs. Functional NFTs are so important that they offer more value while eliminating the drawbacks typically provided by traditional NFTs.
So let us now understand with some examples what changes have come from before now. So that you have a better idea of what kind of utility you can add to your NFT project. Because you haven’t added utility to your NFT, you may have to put in a lot of effort to sell it.
First access to events A great example of this is the Veefriends collection, which is a group of 10255 tokens, launched in May 2021 by Gary V. And these are some of the most successful NFTs. What do you think that this is just a collection of some handicrafts which got sold only because of their beautiful designs. It’s not like that at all. According to https://www.one37pm.com/ it contains 9400 Entry Tokens, 555 Gift Goats, and 300 Excess Tokens. It has a collection of variations as well as similar images. And each token doubles as a three-year entry token to the annual super conference, VeeCon. In this, tokens were divided into three categories, Access, Gift, and Admission. And with each type of token there were certain types of perks. One of which was 5 “Scholarship Access” tokens, which gave the buyer an opportunity to seek personal advice and coaching from Gary as well as his professional network.
In addition, some of these Veefriends’ NFTs are tied to special contracts with Gary Vee such as playing tennis with him, or having dinner with him.
In this Gary is not only selling his artwork but along with his artwork is also giving some actionable offers to the buyers who buy his NFT. From which their buyers can take a lot of benefits.
According to https://www.nft-stats.com/collection/veefriends
So if you want to make your NFT even more successful then make it artistic as well as use functional.
Talking about the functional NFT, another example is the American band Kings of Leon who launched their album ‘When You See Yourself’ on NFT 5 Mach 2021. and grossed over $2 million (£1.4 million) from its sales. And it was the first music album in the history of the NFT. Which three types of fan perks were included in the contract. This included contracts such as six ‘Golden Ticket’ auctions, guaranteeing the owner four front-row seats for a lifetime, for one show on each headline tour of Kings of Leon.
If you look carefully, in this also he not only sold his music album, but he also gave some offers to the buyers along with this album, which benefited him a lot, and very good buyers got attracted towards NFT because of their offers.
Therefore, whether it is music or painting, or any game, one should understand the importance of utility in it and consider what you can give to your buyers so that they can buy your NFT. Because when you sell your NFT and if you give an offer with it to your buyers, then the value of your NFT increases, and there is a high probability that
As many people as possible focus their attention on your NFT.
So friends, either your art should be so attractive that you can get a lot of buyers or you develop such skills in yourself that you can make your buyers attractive through offers.
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