Drax

JPEG collector | #NFT nerd | #Crypto addict

[Drax @nftdrax]

Primarily: The website

Expand your brand on social media

Establish partnerships

Run luck-based giveaways

Join Twitter Spaces

Create a presale sign-up (mailing list)

Set up logical expectations for your NFT project

Make sure that your community knows what you're up to

[Drax @nftdrax]

Crypto/NFTs are the ‘new gold’ of the next 30 years.

They’ll start holding their value forever, can be traded by bots, and can be kept in cold storage for decades.

[Drax @nftdrax]

The 6 best things about Nyan Cat.

1. The meme
2. The GIF
3. The art
4. The creator
5. The animation
6. The history

[Drax @nftdrax]

An open letter to founders:

1. Do something
2. Build something
3. Do better
4. Repeat

[Drax @nftdrax]

The chances of a company like TRON or Binance releasing an Ethereum fork are 0%.

TRON (or Binance) can’t fork Ethereum because Ethereum is open source.

But they can fork off Ethereum Classic.

Of course, there will be 100s of Ethereum forks, some will even be great.

[Drax @nftdrax]

I’m seeing loads of new teams/projects popping up. We haven’t seen this many new projects in this space since 2011.

[Drax @nftdrax]

The biggest mistake I made was, Not sticking around long enough to see crypto/NFTs grow.

[Drax @nftdrax]

This quote could be the mission statement for NFTs.

“This isn’t about $. This is about building something that’s useful, fun, and of value to the world.”

[Drax @nftdrax]

The multi-billion dollar brands in 2022 will be the ones that have adapted their branding/marketing/advertising to this new digital era.

10-20 years ago it was print, and now it’s digital.

[Drax @nftdrax]

People undervalue the power of community.

Build it and they will come.

Most creators/blockchain entrepreneurs I've interacted with are humble/down to earth.

[Drax @nftdrax]

15/22 top nft collections have VCs behind them.

VCs are literally killing creation.

Projects that are truly innovative/creative/risky are suffering.

[Drax @nftdrax]

'This is not a bear market, it's a build market.'

[Drax @nftdrax]

Don't be surprised when you see NFTs pop up on mainstream TV, in movies, or in popular songs.

That's the natural progression for web3.

Once you see NFTs around, you'll no longer feel strange or weird owning them.

[Drax @nftdrax]

What’s the biggest waste of time and money in crypto/NFTs?

- Trying to get hyped/hyping a project.
- Selling out too soon.
- Trying to force adoption.
- Trying to convince investors/consultants/families that your project is ‘worth’ $

[Drax @nftdrax]

For NFT projects to build long-term,

- Focus on user growth.
- Focus on user retention.
- Focus on user engagement.
- Focus on user satisfaction.
- Focus on monetization.

[Drax @nftdrax]

Ways to grow on Twitter:

1. Find and follow relevant people.
2. Tweet fascinating stuff.
3. Have a clear vision and target audience.
4. Delete old tweets.
5. Be authentic and transparent.
6. Retweet with comments or “quote tweet” more.
7. Be patient. Do the job.
8. Engage.

[Drax @nftdrax]

In some years there will be hundreds of high-quality NFT-integrated games, virtual worlds, apps, projects, industries, etc.

That’s the mission.

[Drax @nftdrax]

The biggest mistake founders make is considering they should build a product first, then a growth team.

But growth *is* the product.

Growth is the value you bring to your customers--and how you measure that value.

[Drax @nftdrax]

If you hear yourself comparing yourself to others, remind yourself that you’re not them.

[Drax @nftdrax]

The most major mistake people make in crypto is rushing in.

- “I wanna get rich quick”
- “I wanna start a project”
- “I wanna build a business”

Yeah, you’re gonna fail.

[Drax @nftdrax]

If investing in crypto was easy, we'd all be wealthy.

Don't be fooled. Not everyone is built for this.

First, take financial education, then enter the world of investing!