What makes a successful NFT launch? - Utility 9/15

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3 years ago
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When it comes to brick and mortar business, the mantra is “location, location, location.” With NFTs we can modify that saying to “Utility, utility, utility”. NFTs are like a key that can unlock a magical box. What’s in the box? Well, that’s up to the creator to decide. Some NFTs earn a token passively and others allow staking to earn tokens and/or additional NFTs. Some NFTs can be used in games or virtual worlds. Others can be redeemed for physical goods, such as apparel or framable art. And some other NFTs can act as a membership card or subscription promising additional airdrops or whitelists for future drops. We’ve barely begun to scratch the surface on utility and the most savvy creators will find new ways to bring valuable utility to their collections.

Catch the entirety of Joel Comm and Travis Wright's keynote at NFT NYC 2022 here: https://www.youtube.com/watch?v=LmEKWTHY15s

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Do your own due diligence and research. Neither Joel Comm, Zach Comm nor Travis Wright are FINANCIAL ADVISORS.

We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

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