All NFTs created on our marketplace can be programmed to receive a creator fee.
The NFT creator automatically receives this fee every time one of their NFTs sells.
These fees are designed to help reward creators for their work.
NFT creators must decide (at mint) how much they wish to charge. You are allowed to charge whatever percentage you wish. From zero to 100%.
We recommend conducting a little research to see what other NFT collections charge. The usual percentage range is from 2% to 10%.Be aware you will not be able to change your
royalty fees or payment address after minting.
we also need added screenshots of the actual process.
NFTAVE Creator Tips
To help new NFT creators, we have compiled a list of things to consider when creating your artwork and NFT collection.
1. Community and Marketing tips
From day one, you need to start growing a strong online community of collectors/investors
that want to purchase your NFTs. It takes time, but it is cost-effective marketing as social media accounts are free to create.
Social Media
We recommend creating social media accounts to display your NFTs and engage with your audience.
Initially, you don’t need a large following.
500+ loyal, active followers that love your work is an achievable goal.These followers will then help you gain more followers.
One effective strategy is to join popular NFT threads and give value to the community. Answer questions about the NFT space, and people
will start to take note. Once you have established yourself as an authority in these chatrooms, drop your NFT collection news.
We recommend joining the most popular social platforms for NFT engagement, which are:
- Discord
- Twitter
- Telegram
- Instagram
- TikTok
- Facebook
- Reddit
- Pinterest
Once you have joined these social platforms, you must become active. It is important to engage with these communities and show off
your work. Be prepared to answer questions about your artwork and NFT concept.
We suggest joining some NFT Twitter spaces where you talk about your collection. Many NFT projects and artists have found this a great
place to gain exposure and quickly grow their audience.
When creating an NFT collection, use your social network to give away some whitelist spots.
NFT investors love hunting whitelist projects!
Once they have a whitelist spot, they often tell their friends about it.
Use social media to share your vision and release teasers of your NFT artwork. Above all, post regular, unique, engaging content daily.
Real Life Meet-ups
All over the world, there are NFT social meet-ups. You can meet up with NFT enthusiasts and gain more exposure to your NFT project. It is
also a great place to learn more about the NFT space.
If you live in a major city, you will find official NFT events you can visit.
Solana events
Ethereum events
Meet up events worldwide
Here are some links to the NFT real life meet-ups.
Solana
Ethereum
Meet Up
NFT Calendars
These platforms are a fantastic way to gain a lot of free publicity for your NFT collection. NFT calendars are platforms where NFT
projects add their release date. NFT investors visit these platforms to hunt for NFT projects to mint and invest in.
Here is a list of the top NFT calendar websites:
You can delete the above if you wish. If you like it I have created an NFT calendar resource page which creators might find helpful.
Featured Drops
NFTAVE marketplaces feature weekly NFT drops. As a creator, you need to try and get your collection featured. These marketplaces
will often Tweet out your collection. We offer this service at NFTAVE.Contact us here.
Friends Marketing
You may be lucky enough to have friends who have a large social following. Encourage your friends to post about your NFT collection. You
can always give them a free NFT as a thank you.
Giveaways and Promotions
Giveaways increase your audience engagement. The most popular and effective method of promoting your NFT collection is to give away a
few NFTs to the community.
You should add a few stipulations. For example,for someone to win one of your NFTs, they need to like, retweet, and tag three friends.
2. NFT Price
If you are minting an NFT collection, you need to be realistic with the mint price. If you set it too high, you may not mint out your entire collection.
We suggest conducting a little market research to see what price your competition and successful NFT projects minted for.
Some successful NFT collections were free mints. Free mints create excitement, and you can make up the financial difference with secondary sales.
3. Royalty Price
Royalties are important for NFT projects and artists alike. They allow you to fulfil your roadmap obligations and pay for your daily overheads.
Most NFT royalties range between 3 and 10 percent. The higher your royalty percentage,the harder it can be to encourage people to invest.
Remember, investors need to pay the floor price of your NFT, the marketplace fee, and the
royalty fee. NFT traders will need to calculate these when looking to make a profit.
4. Roadmap
If your NFT collection requires a roadmap, make it achievable because investors will reward you for hitting your targets and punish you if not.
Put some time and thought into your roadmap and create as much value for your community and holders as possible.
5. Doxing
With NFT scams being rife in this space, doxing has become an important topic. It is easy for an anonymous NFT collection to disappear with investors' money.
You must decide if you want to stand behind your project publicly. The more transparent you are, the easier it is to convince investors you
are serious and trustworthy.Investors like to see the face behind the collection!
6. Gas Fees
It is important to choose the correct blockchain for your NFT collection. If gas fees are high,
people may decide not to mint. Different blockchains have different transaction fees.
NFTAVE allows minting on five different blockchains. Some blockchains are cheaper than others when it comes to network fees.
Here is our guide to Blockchain transaction fees:
1. Ethereum Blockchain
Ethereum has the most expensive gas fees. These fees vary, depending on congestion times. During an NFT bull run, these fees usually increase.Ethereum fees usually range between $1.50
and $5 per transaction.Gas Tip According to DappRadar, gas fees are often lower between 9 and 11 pm UTC. Fees are often lower on weekends.
2. Binance Blockchain Binance transaction fees are usually between 20 to 40 cents USD.
3. Polygon Blockchain Polygon transaction fees are usually US$0.001.
4. Solana Blockchain Solana transaction fees are usually around US$0.0004.
5. Cardano BlockchainCardano transaction fees are around US$0.17 cents.These transaction fees can vary depending on
the price of the underlying token and the number of people using the blockchain at a given time.
7. Collaborations If you are a new artist, it may be worth contacting some established NFT artists or projects to
try and form a collaboration. This way, you gain exposure to the more established artist's audience.
8. Unique New NFT creators need to create unique-looking artwork. NFT investors like fresh ideas! Add a unique aspect to your NFT collection that no
one else has thought of to create excitement.
9. Certificate of Authenticity NFT Marketplaces such as NFTAVE allow you to authenticate your collection. Investors feel
more at ease purchasing official NFTs.
10. Benefits You need to create a document or whitepaper outlining holder benefits. Give investors a reason to keep purchasing
your NFTs and reward them for holding longterm. You accomplished this by adding value and utility to your NFT collection.
11. Traits and Rarity Before designing your NFT artwork, we recommend researching popular NFT collections and
which traits investors prefer. Traits are important to NFT collectors.Try to think of fresh, fun, unique trait ideas for your NFT collection.
Artwork tip Your main goal is to create artwork that everyone will be proud of displaying as a profile picture. PFPs are free marketing for your NFT collection.
12. Regulations If your NFT collection includes a cryptocurrency token, ensure it complies with worldwide regulations. Regulatory compliance is particularly
important when aiming at United States investors.
NFTAVE We wish you the best of luck with your NFT project On our Marketplace and Ecosystem!
