In the NFT space, the community is not just important but essential to enhance the project's reach to NFT lovers. Take a closer look at any successful NFT project, such as Bored Ape Yacht Club or CryptoPunks, and you will discover their Discord servers and Twitter threads are filled with enthusiastic supporters. In this article, Trait Sniper will explain why community is important for the NFTs project and the tips to build a community successfully.

If you are on the way to exploring NFT space, please visit our blogs for further information before continuing:

NFT community

The NFT crypto community refers to a group of people actively collecting, trading, selling, and engaging in conversations about Non-Fungible Tokens or NFTs. Most of them are creators and collectors. While creators mint their artwork or project into an NFT, collectors will buy, hold or flip the NFTs for purposes. The rest people do not trade but join the community as a supporter. The greater the degree of engagement will attract more interested audiences to your artwork. An NFT community has very different backgrounds and geographic regions people but shares similar objectives or sets of ideas.

Some platforms to build NFTs community: Discord, Twitter, Instagram, Reddit, Telegram, etc. Until now, most NFT projects tend to use Discord and Twitter to connect with NFT lovers.

Trait Sniper also has our community for sharing and supporting:

The Role of Community

It is important to note that the chances of success for your NFT project depend on the level of interaction with the project's community. This is because NFTs are a relatively newer form of investment that requires a community of supporters who believe in the potential of digital artists and the opportunities for growth the community presents.

Project collectors should be the top priority, whether creators are independent artists trying to make money from selling NFTs or Web2 famous artists exploring the NFT area for the first time. NFT creators usually begin marketing projects before their first release, building a core of devoted fans who assist promote from the onset. Transparency, vision, and communication are essential for proving to the community where the project is headed and why they should support it. It does not rule out the possibility of success, but it does impact long-term success.

Collectors might hear about new NFT projects from their friends or YouTube influencers. Remember that despite the hype around the concept, they are not creators and maybe get paid to amplify the project's potential. Join the project community on Discord to properly take in what it includes. Follow the project's Twitter feed. The least is observing, although it is preferable to ask questions and see the team's and other members' responses. These individual activities will determine the success of a project, and collectors will be able to trust them.

Building An NFT Community

Express Vision & Team Goals

It is crucial to define the project's value and road map by determining the niche to distinguish project ideas from the competitors. The size of the community will depend on the scale of the project, but there can not be a community unless people support your ideas. Successful NFT initiatives will not only be about art but also reach social value and humanities.

Engage Activities With Member

Events serve a crucial part in maintaining a solid NFT community. Because everyone wants to be a part of something greater than themselves, the goal is for people to engage with one another in enjoyable ways. Twitter Spaces is an excellent platform for holding events like weekly AMAs, and Discord also has a stage for hosting events. Utilizing Discord bots to create engaging activities is another option, while developers from all around the globe have produced free bots. Based on the bots you add to your community server, you may access moderation, leveling, trivia, and more services.

Solving Problems

Obviously, the core project team cannot forecast everything that will occur; thus, in order to build trust, they must communicate effectively and be available 24 hours a day, seven days a week. The release date also cannot be delayed while working on an NFT project. Explaining what went wrong in complete detail and with honesty is necessary to avoid losing trust. Additionally, be open to comments and pay attention to the opinions of other members. IMPORTANT: communicate constantly, even when the worst-case situation occurs.

Throughout this time, numerous Discord communities have been hacked. Thus you must adopt security measures for the community and configure Discord permissions appropriately. The core team should inform its members and moderators of any fraudulent activities. Trait Sniper also published several articles for readers to be aware of scam types and how to stay safe in the NFT space:

Security - How to protect your business from hackers
Top 5 Common NFT Scams Types
The most practical and easy ways to avoid scams in the NFT space
Trading tips: How to smell a rug?

Conclusion

The NFT market is still busy and attracting an increasing number of investors. Until now, you can still enter the NFT market and establish your community. For both creators, there may be ups and downs throughout the journey, but persistence is a must. Collectors should depth research and engage before making any decision. The TS Column titles are weekly published by the Trait Sniper team, which will help our beloved readers keep up with potential NFT projects.

Happy minting, buying, and flipping!

The Secret of A Successful NFT Community

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