Such communities are invaluable, providing artists with a stable foundation that shields them from the unpredictable fluctuations of any market. The reality of the current Web3 ecosystem is that traditional NFT promotional and marketing techniques no longer work in a bear market, and that means artists have to be more creative and innovative with how they promote their work and engage collectors. This could involve creating alternative and recurring revenue streams using a variety of tools including free claims, paid mints, memberships, incorporation of physical items and IRL experiences.
Related posts
-
Binance’s Crypto Exchange Market Share Plunges to Its Lowest Level Since September 2020: CCData
New data from blockchain tracker CCData show that the market share of the world’s largest crypto... -
Who is Len Sassaman? The man leading Polymarket’s Bitcoin founder market
As HBO’s documentary promises to reveal Bitcoin’s creator, bettors on Polymarket speculate if Len Sassaman is... -
NFT Mania Is Back? Maybe Not, but a CryptoPunk Just Sold for a Record $56.3M
Punk 1563 changed hands for 24,000 ETH, a huge markup versus recent pricing. Source Spread the...