Many NFT projects started on a free NFT basis. One of them is one of the most successful NFT collections: The Cryptopunks!
The startup believes that NFTs should be accessible to everyone and that everyone should have easy access to Web3. Receiving a Bounty NFT is the easiest and most rewarding way for a music fan to get started on the web3. Bounty NFTs are free to claim NFTs, but performers can configure a full set of requirements to claim! This can be a simple giveaway, a digital contest or a physical distribution via a QR code.
On the occasion of MUTEK Mexico this week, Pianity is the festival’s technical partner, launching the first collection of Bounties featuring 12 incredible artists! 6 musicians and 6 visual artists team up to release 6 Epic Bounties! Each of them will also give access to Mutek’s Club in their mobile application. To claim the bounties, download their mobile app, follow Mutek’s profile on Pianity and check out their channels on how to claim the bounties.
Know : Bounty NFTs are free to claim, but they have a lot of value. Not only because it is a unique digital collectible that an artist gives to their fans, but also because it can be sold on the secondary market and generate value. The artist and collectors can greatly benefit from it!
Companies can use NFT projects as a marketing campaign to launch and promote their products. And gift giving is one of the best ways to do that. An application that emerged from the bear market is showtime.xyz on the same principle as owning free NFTs. The principle is prevalent in many startup projects, including Play to Earn games with rewards for participation in alpha/beta testing. To promote community involvement, some projects encourage users to purchase NFTs to create new NFTs. For example, in Axie Infinity and Cryptokitties, users who own two or more eligible NFTs can “elevate” them to create a third NFT that can be traded freely.
There are opportunities with free NFTs, in fact the highly sought after collection of Cryptopunks was given away for free to anyone with an Ethereum wallet in 2017. In February 2022, the floor price of Cryptopunk was 66.95 ETH ($208003).
Continued in this week’s newsletter 07:
- NFT No-code platform
- What is an NFT utility
- BAGGS designed for the Ledger
- Where did the NFT market crash come from?
- New Trend Web3 Rent-to-Earn
- The MTV Video Music Awards reward the metaverse
- So how should companies approach their web3 strategy?
- A week in Miami, Art Basel
- Liminal integrates with the Tezos blockchain
- Web3Cloud, hosting for Web3
- Bounty NFTs: Free NFTs on Pianity
- Metamask now tracks your IP address
- 🗞️ News (7)