hostindustry.blogg.se - Monstercat whitelist prices

#Monstercat whitelist prices how to#
#Monstercat whitelist prices free#

If not, take some time to explore the group to see what you can learn (it’s possible that you missed getting whitelisted or they don't have a whitelist).

#Monstercat whitelist prices how to#

In the NFT world Discord is the main communication tool (followed by Twitter).Įach Discord can be organized differently, but usually you can find information on how to get whitelisted in the “announcements" sections. Once you decide on a project, you’ll need to, almost certainly, join their Discord group. Whatever approach you take, please be careful and do your own research. To find such projects, one place to look at the upcoming projects on:Īnother option, and one that requires more time and effort - but may lead to better results - is to follow NFT influencers on YouTube and Twitter to get the latest on what is happening in the space.

This might mean a brand new project or an existing project that is releasing a new collection. To get whitelisted for a project, you first need to find projects pre-launch.

Follow the instructions for getting whitelisted.

There are 3 general steps to getting whitelisted for an NFT project: Since the whitelisted addresses can choose the time they want to mint within that window, people can spread out their transactions - thereby preventing a gas war. To ease this situation, many projects have adopted a whitelisting approach.īy whitelisting supporters in advance of a launch, the project team can create a window of time that their NFTs can be minted within (for example, a 24 or 48 hour window of time on a particular date). This situation is known as a “gas war” since people are competing to mint the NFT as quickly as possible before it sells out (the more gas you are willing to pay, the more likely your transaction will go through before others). In such cases, the transaction (gas) fees alone can be many multiples more than the actual mint price of the NFT. The situation is made much worse when a popular NFT launches and thousands of people try to mint at the same time. Transaction fees on the Ethereum blockchain can be enormously high when the network is congested. This can work especially well for a project if an NFT influencer hears about the project and promotes it to a large audience.

#Monstercat whitelist prices free#

The whitelist not only guarantees a supporter a spot to mint, but could also allow for a reduced price for the NFT (or even a free NFT).īy doing so, supporters are incentivized to stay engaged with the project and promote the project to friends very early on in the project lifecycle. One way to do this is by offering early supporters to get on a whitelist to mint their NFT pre-launch. With the large number of NFT projects launching every week, project teams need to find ways to incentivize early supporters of their project. To reward early supports of an NFT project.Whitelisting is typically used for 2 general purposes: