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NFT Community

The NFT community has been growing for the past few years ever since 2014 when the first NFT was made by digital artists Kevin McCoy and Anil Dash on the 3rd of May. They made a NFT, ‘Quantum’ on the Namecoin blockchain. Quantum was a digitally pixelated octagon that would pulsate different colours like that of an octopus. 

NFT communities can be sprung up around any theme because they serve the same purpose of bringing together like-minded individuals to a virtual town square or so to speak. The person who mints their project or artwork into an NFT is known as a “Creator.” A “Collector” is someone who purchases and keeps NFT in order to engage with the community.

Exclusiveness of NFT Communities

The most exclusive NFT communities only count A-list celebrities and the wealthy amongst their ranks. Understanding how to go past the art and see how NFTs can unite diverse people around a compelling vision and propel them toward developing distinctive brands is more crucial than ever as the NFT market continues to soar. 

What NFT Communities Can Be

Early examples of what platform for NFT community can and should be can be found in the BAYC and Crypto Punks. The former speaks about what is currently feasible in light of the technology, user bases, and level of adoption we currently enjoy. The latter indicates a future that, like the crypto industry as a whole, is completely ripe with lucrative opportunities. It’s up to the users, the vibrant, untamed, free PfPs that rule Twitter, to seize it. 

That necessitates going beyond merchandise, tokens, access, and even art. Consider all the things that a diverse, dispersed, and international group of people could do. Imagine a corporation that is equally owned and operated by all of its stakeholders, and then consider all the potential business sectors. It’s inevitable that you’ll find yourself in an infinite circle. Ideally, NFT-communities develop into DAOs. They actually become DAOs as long as the community works together to translate its goals into tangible outcomes and accepts some kind of administrative framework for doing so.

Power of NFT Communities to NFTs

The community that develops and grows around an NFT project is one of its most important elements. Both young and seasoned teams can tremendously benefit from knowing the value of a robust community in ensuring the project’s long-term success.

Building an NFT Community

Make your project valuable to you and them as a community if you want to draw participants, NFT artists, and builders. Show that you care about your audience in your strategy and vision. Give them what they desire. With NFTs, the project ends if no one contributes, making your (and everyone else’s) NFT useless.

The first step is to know what is your NFT targeted audience. By doing this you would know where to focus your attention when making content. The next step is to create a vision and roadmap for your community. After that would be to choose your channel. This would mean that you could pick sites like Twitter or Discord to form the community and have them all have access to it. Creating the community is one thing but knowing how to engage with it is another thing to make it all run smoothly. This would mean knowing when to ask the community for feedback. Lastly, creating Partnerships with the community members would help with any upcoming projects.