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2023’s NFT Collections Should Use Free Mint — or, at Least, Consider It
May 31, 2023 · 4 min

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. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #nft, #nft-art, #nft-economy, #nft-marketing, #crypto-marketing, #non-fungible-tokens, #free-mint, #tokenization, and more. 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.