nft-art

This story was originally published on HackerNoon at: https://hackernoon.com/why-art-tech-start-ups-fail-5-key-mistakes-to-avoid.
Discover the top 5 reasons why art startups fail. And get some more: Top NFT failed startups and research overview on why stratup companies fail by 10101.art
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This story was written by: @10101artgallery. Learn more about this writer by checking @10101artgallery's about page, and for more stories, please visit hackernoon.com.

This story was originally published on HackerNoon at: https://hackernoon.com/2023s-nft-collections-should-use-free-mint-or-at-least-consider-it.
The free mint mechanics offers an easy way to build an audience and get the necessary funding in the early stages of an NFT project development.
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This story was written by: @arsenm. Learn more about this writer by checking @arsenm's about page, and for more stories, please visit hackernoon.com.

In mid-2022, the NFT market volume dropped by more than 90%, so the industry had to adopt fundamentally new mechanics to recover. One of those was ‘free mint’ — and today, in 2023, it’s still topical enough for everyone to consider it when launching NFT collections.