Hey NFT fam, today let's talk about the 3 types of collectors in the NFT space - consumer, investor, and trader/degen
Each has a different mindset and approach when it comes to collecting NFTs š§µ:
š· First up is the consumer
Consumers generally is the most valuable collectors in NFTs
They collect for the sake of collecting and support without expecting any return
They are the fans, the community member who enjoy being in the community
š· The second type is the investor
NFT investors buy in expectation to see growth in the long run
They provide market stability, but won't necessarily enjoy the art or community
The enjoyment come from seeing the artist and community strengthen and grow
š· Finally, we have the trader/degen
Traders are the most common collectors in the NFT space, providing the most liquidity to the market
They buy and sell based on data and numbers, or sometimes just hype blindly
Their focus is to scalp the short-term increased value
It's important to note that these categories aren't mutually exclusive
Traders can become investors, and investors can become consumers
Educating and making them believe in you or your NFT's potential can go a long way in converting them into higher-value collectors
So there you have it, folks
The three types of collectors in the NFT space
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Stay NFT blessed!
Each has a different mindset and approach when it comes to collecting NFTs
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