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      • Welcome to MADNFT!
      • What Are NFTs?
      • Why Choose MADNFT for Your Smart Contracts?
      • Setting Up and Optimizing Your Creator Profile
      • Selecting and Pricing Your NFT Collections
      • Listing and Drop Options: Your Guide to Releasing NFTs
      • Effective Ways to Market Yourself as a Creator
      • Artists Helping Artists: The MAD Community Guide
      • Artists Helping Artists: Strengthening the MADNFT Community
      • Maximizing Your NFT Drops: A Step-by-Step Guide
      • Adding Value to Your Collectors and Audience
      • Adding Value to Your Audience and Collectors: Music NFTs
      • Supporting Projects, DAOs, and Charities on MADNFT
      • Welcome Back to MAD Academy: Exploring NFT Drop Options
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Listing and Drop Options: Your Guide to Releasing NFTs

Welcome back to the MAD Academy! Today, we’re diving deeper into the exciting world of NFT drops and exploring the various listing and release options available to you. Let’s get started!


Listing Your NFTs

Here are three main ways to list your NFTs on MADNFT:

  1. Buy Now

    • What It Is: List your NFT at a set price for instant purchases.

    • Best For: Drops with higher quantities where speed and accessibility are key.

    • Why Choose It: Perfect for well-marketed drops aiming to sell out quickly.

  2. Auction

    • What It Is: Set a starting price and a time frame (e.g., a day, a week, or a month).

    • Best For: 1/1 NFTs, giving your community a chance to bid fairly.

    • Why Choose It: Encourages competition among collectors and maximizes value for limited-edition pieces.

  3. Open Offer

    • What It Is: Upload your work without setting a specific price, allowing collectors to make offers.

    • Best For: Unsure about selling just yet or planning private sales.

    • Why Choose It: Provides flexibility to accept or decline offers, and ensures discretion for private transactions.


Structuring Your NFT Drops

Now, let’s explore three effective drop structures:

  1. Set Amount Drop

    • How It Works: List a fixed number of NFTs at a set price (e.g., 10 NFTs at $20 each).

    • Why Choose It: Great for open drops that remain active until all NFTs are sold.

    • Collector Benefits: Predictability and clarity in pricing and availability.

  2. Timed Drop

    • How It Works: Set a start and end date for collectors to purchase your NFTs. Unsold NFTs aren’t minted after the time frame.

    • Why Choose It: Creates urgency (FOMO) and can boost sell-out speed.

    • Collector Benefits: Rarity increases if fewer NFTs are minted (e.g., 5/10 instead of 10/10).

  3. Open Edition Timed Drop

    • How It Works: Set a time frame (e.g., 24 hours). Collectors can mint as many NFTs as they wish during that period.

    • Why Choose It: Ideal for NFTs offering community access or perks.

    • Collector Benefits: Highly accessible and generates FOMO.


Why These Options Matter

These structures give you the flexibility to customize how you sell your NFTs, ensuring your drops fit your goals and resonate with your audience. Whether you aim to create scarcity, reward loyal collectors, or maximize accessibility, these tools empower you to make it happen.


We hope this breakdown helps you refine your drop strategies. Stay tuned for more tips and tricks in our upcoming MAD Academy videos. Let’s innovate and create together! 🌟

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Last updated 7 months ago