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3 Types of NFT Sellers

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Curious about the different types of NFT sellers in the scene?

Here are the 3 main types🧵:

3 TYPES OF NFT SELLERS

🔷 1. Artist

They create art even before venturing into NFTs

With Web3, they can sell their art digitally without worrying about theft

They also earn continuous royalties without middlemen


🔷 2. Community-based PFP project NFT

A group of people come together for the same interest or vision

They are often valued by the public based on their potential to compete with established NFT projects such as Bored Ape Yacht Club (BAYC) @BoredApeYC and Azuki @Azuki

BAYC (LEFT) AND AZUKI (RIGHT) NFT COLLECTION

Those two types of NFT sellers are the most common and most of the liquidity in the market revolves around them


🔷 3. Companies selling NFTs

like Nike, Porsche, Hot Wheels (Mattel) are the third type

Company with good Web3 foundation team will do well

Otherwise, they are often seen as a temporary hype and lack of long-term secondary value


These are the three main types of NFT sellers in the scene

There are other types of sellers, but they are relatively minor and may not be as prominent


Sellers would't exist without a buyer

For a business to be successful, it's crucial to understand the customers and their needs

I did my research and wrote a thread about three types of collectors in the NFT space


What are the other types of sellers that you know exist?

Let me know under the first tweet

Also feel free to like and retweet the tweet below if you enjoyed this thread

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#nft basics 101