What are the steps to implement NFT launch in phases?

Implementing an NFT launch in phases typically involves several key steps. First, the project team identifies their goals and objectives for the NFT launch, as well as the specific features and functionality they want to offer. This includes defining the token standards and any associated smart contracts that will be used. Next, the team designs and develops the necessary infrastructure and platforms to support the NFT launch. This may involve building or integrating with blockchain networks, creating wallets or marketplaces, and ensuring scalability and security. Once the infrastructure is in place, the team can start onboarding and collaborating with artists or creators to generate unique assets or NFTs. At this stage, the team also determines the launch strategy, including marketing and promotional activities to build awareness and interest in the NFT project. Finally, the NFT launch is executed, with the assets being minted, listed, and made available for purchase or trade. Ongoing monitoring, maintenance, and community engagement take place following the launch to ensure the success and sustainability of the NFT project. Overall, implementing an NFT launch in phases requires careful planning, development, and execution to create an engaging and valuable experience for artists, collectors, and enthusiasts.

This mind map was published on 31 July 2023 and has been viewed 111 times.