--

Hi Turshild-

I have two articles on whitelists. They are:

https://medium.com/web-design-web-developer-magazine/strategies-for-nft-teams-regarding-whitelists-allow-lists-presale-lists-how-many-wallets-to-23bb30ac8037

https://medium.com/web-design-web-developer-magazine/whitelist-count-doesnt-predict-how-many-nft-mints-will-happen-2c04e7ead963

That said, regarding your specific situations:

1) Ok, so you're doing a free mint for whitelist, and then a paid mint for the rest. Yeah, in this case I'd keep it very low. Otherwise you risk a ton of people who're just going to immediately flip for ridiculously low amounts, which will drive your overall floor price down to the ground. I did a free mint project and people immediately listed for like $0.10 in ETH. It's like, why even bother??? lol... people are nuts.

2) I understand them, for one. I mean, you want to provide an incentive for people to get in early and maybe support the project. But they're still going to dump them quick, so I'm not overly excited about that strategy to be honest. I mean, the only exception for me would be if you've got a TON of hype, in which case you would not need a free whitelist at all. I do get it, though... I know you want to boost your early mint numbers and all. I just think the strategy can work against you if you're not a well-hyped project. IDK... some off-the-cuff thoughts there. :-)

--

--

Jim Dee — From Blockchain to Bookshelves.
Jim Dee — From Blockchain to Bookshelves.

Responses (1)