What is the process to participate in limited edition drops on NFT?

To participate in limited edition drops on NFT (non-fungible token) platforms, there is typically a specific process to follow. Firstly, one needs to create an account on the chosen NFT marketplace or platform. This usually requires providing some personal information and setting up a digital wallet, which will store the purchased NFTs. Once the account is set up and connected to a digital wallet, users can browse through the available limited edition drops. These drops usually have specific release dates and times announced in advance. To participate, one needs to be prepared and online at the time of the drop. Sometimes, there may be a signup or whitelist process involved, where interested individuals need to register in advance to ensure eligibility. During the drop, users can often add the desired NFTs to their cart or directly purchase them, paying with the required cryptocurrency. It's important to act quickly during these drops as they can sell out rapidly due to their limited supply. If successful, the purchased NFTs are transferred to the connected digital wallet, officially becoming part of the user's collection.

This mind map was published on 1 August 2023 and has been viewed 107 times.