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> Early mover advantage can be a real asset. I was mint #411 on Zora before music NFTs were popular and my debut NFT drop generated interest and excitement. In
by obiefernandez 5y ago
> Early mover advantage can be a real asset. I was mint #411 on Zora before music NFTs were popular and my debut NFT drop generated interest and excitement. In February 2021, there were very few musicians actively in web3 and almost all of them were male and electronic musicians, so every new participant was met with a spotlight of support. There’s immense value in learning through action and remaining curious of the result. My first sale showed me the power of letting the marketplace determine the initial value of a piece. Not setting a floor price, not limiting the ceiling and allowing bids to come in naturally gave me a sense of how others perceived and valued my work, which gave me insight into how I could move forward and grow. My first three drops had no reserve price and generated 17.5 ETH (~$50K).