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NFT - Coggle Diagram
NFT
Step by step
First Phase
Open digital Wallet
Research each marketplace
Research the market in general
Second Phase
Find professional photographer
Chose physical object to become NFT
edit the foto accordingly
Third Phase
Mint NFT
Buy some crypto currencies (Ethereum)
Pay 'gas fee' first
enter to digital wallet
Mint the NFT with the preferred amount
Figure out what is the smart contract
examples
Buyers can see the whole book scanned of an nft book
Buyers can see exclusive features from creator
Open narrative
Based on vision
Short and concise
Clear
Fourth Phase
Publish NFT
Set auction type
watch the bid
Fifth phase
Advertise
look for great bids
use multiple market places
Sixth phase
Do phase 1 to 5
Buy and re sell
Upgrade some aspects of NFT Production
Find collaborations
Seventh phase
Collab with local collectors and/or artist
make split royalty deals
Find employees?
Maintain
Eight phase
Sell the business
Have a royalty
Bussiness Plan
Old artifacts to NFT
Smart Contract
Exclusive contract to consumers
scarcity
Popularity
uniquness
Split royalties
Buy bigger assets
Buy other collectables and re-sell
Focus on collectables
Auction
Time Auction
Highest bid
Vision?
Work together with other artist and/or museums
Marketing
Vision
Each product narrative derives unintentionally towards what we are aiming for
Social Media
Facebook
Apperances
Instagram?
Web?
Consumers
Digital Collectors
Stratergy
Exclusiveness
Add brand exclusiveness
Make it a series
make on time only deals in smart contracts
Patron to support funding and limited consumers
Scarcity
Limit copies
make each copy unique with smart contracts
different renders
Limit currencies
Quantity
Abundant series
Spread in many marketplaces
Many copies and an abundant amount of copies