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What died in the NFT in 2022?

  • December 26, 2022
  • 54 views

1. bot followers. 100, 200, or 500k Twitter followers no longer attracts attention. That’s understandable, NFT doesn’t have that much of an audience yet, and that audience doesn’t gather right in one project. A project with 10k followers has a better shot than an account with 100k bots.

2. Stacking as a utility. Gone is the point of creating a farm coin for a collection. If the NFTs themselves aren’t worth anything, there’s no point in farming either.

3. no adherence to deadlines. No more you can not feed people with breakfast. Not meeting deadlines on stated steps – 👎

Meta for 2023 in NFT

1. business models. Founders approach collection as a business. Brand building, capital raising, thoughtful marketing, IRL events.

2. close connection with community. Founders are no longer mysterious celestials. Open profiles, answer the critics and help with any questions about the project. DAO is not an empty phrase now, the future of the collection will be decided by public vote.

3. maximum transparency. How the project develops, what is done and what is planned. If there are problems, just write – we have a fakap, but we’ll fix it!

The real value > hype.

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