Whitelists provide you with secured access to purchasing NFTs at a cheap rate. You may have heard of individuals flipping NFTs for immense profits. The key to maximising your flip is to shop for low and sell high.
Within the NFT house, one among the most effective ways in which to shop for low cost is to buy or mint the NFT as soon as it is released or dropped on the project’s website to avoid price hikes after it reaches secondary marketplaces.
Here are the basic steps to get yourself on whitelist:
1. Identify an honest project early
A whitelist solely works if the project has not been launched. You want to realize an honest project before its drop and before it accumulates a mass following. you’ll use Rarity.tools to seek out upcoming projects or follow NFT consultants and influencers on YouTube and Twitter to remain on high of the sport.
2. Be a part of the project’s Discord server
Discord is where most of an NFT project’s activity takes place ie. introduction to the founding team, major announcements, giveaways, project’s roadmap, instructions to getting on the whitelist, etc. Links to the Discord group can usually be found on a project’s Twitter bio.
3. Follow the eligibility needs
Each project has its own set of distinctive needs to qualify for a whitelist. All you’ve got to try and do is check that you meet their criteria.
Once you’re eligible, you’ll offer your crypto wallet address to urge pre-approved for minting. you’ll then choose a time of your option to mint from the choices they supply. simply bear in mind to mark your calendar for the time and date you chose so that you don’t forget!
Never give out the seed phrase/password to your crypto wallet.
A typical demand on most whitelist eligibility criteria is for folks to “stay active at intervals in the community.” This can be as a result of founders wanting facilitation from supporters to market the project so as to make sure it’s sold- out successfully on launch day.
Here are some methods to remain ‘active’ and get yourself on the whitelist:
- Remain engaged
Most projects offer a whitelist spot to supporters who are genuinely interested in the project and add value. To really get noticed by the founding team and earn your spot, you must actively engage on the Discord chat and have meaningful conversations about the project with other community members.
You can tweet, retweet, and talk about the project on your social channels to show your support.
Be aware to not spam! Keep it authentic.
- Invite folks
A lot of NFT projects appreciate it when supporters bring in more interested buyers. You can send out your unique invite code to your friends and other Discord servers to invite people to the NFT project you’re trying to promote.
Each Discord server has multiple chat rooms that are used for different purposes. When promoting an NFT project on other NFT Discord servers, only post in the “shill” chat room of the server. “Shill” means to show off in the NFT world.
- Create fan art
Take inspiration from the project and create your own fan art to indicate your support. This can be a free promotion for the project and a lot of brownie points for you.
- Participate in giveaways
Most NFT projects host giveaways on Twitter and Discord wherever they raise their followers to share, retweet, etc for an opportunity to earn a whitelist spot. participate in as several as you will.
- Get in early
To create initial demand for the whitelist itself, most projects simply give away spots on the whitelist to early supporters while many ask. The key here is to spot a project at an early stage and become one among the primary few members of their Discord channel.