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What is NFT in social media?

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What is NFT in social media?

The NFT market has been hindered by high transaction fees on the Ethereum network, which have priced most people out and prevented widespread adoption. To address this, Weentar took the risky step of developing its blockchain, defying industry expectations and emerging as one of the most ambitious projects of 2021.

This leads us to talk about NFT and how you could post on social media.

Can you post NFT on social media?
Users who sign up as creators will be able to upload photos, audio, video, and text posts that can be sold as NFTs for no fee. Upon sign-up, creators will also automatically mint their social tokens, which fans can then purchase. These digital assets can provide holders with special benefits such as exclusive content, voting rights, merchandise discounts, and other rewards as determined by the creator.

Despite soaring ad revenues for the corporations that run them, current centralized social media platforms offer little-to-no ways for most users to directly monetize content. Weentar is a zero-ad platform that aims to usher in the next evolution of work by allowing creators and fans to earn money through their normal social media activities.

How does social media promote NFT?
Many NFT creators will list their tokens on popular marketplaces like OpenSea, hoping that this will be enough to generate sales. Although this approach may yield positive results, it is preferable to promote your NFTs on social media platforms to generate more interest. At the end of the day, you want as many people as possible to be interested in your NFTs. Because most NFTs are sold through an auction process, the more people who bid on your tokens, the higher the price you will receive for them.

To stand out, You must tell your audience what makes your NFTs unique and why they should invest in them to stand out. Most NFT creators fail miserably at this, making it difficult to sell their tokens.

Here’s what you can do to promote your NFT on social media:

Understand your intended audience
The first step in marketing your NFTs is determining who your target audience is. What are their passions? What are their ages? What social media platforms do they prefer? People use various social media platforms for a variety of reasons. When you identify your target audience, you will have a much better chance of reaching them on social media. Some people prefer Instagram, while others prefer Facebook or Twitter.

Instagram is an incredible Visual Medium
Instagram is famously known for being a very visual platform. This platform is used by people who want to view images and videos. It's a good idea to display your NFTs with a variety of images, which you can easily do on Instagram.

One disadvantage of using Instagram is that unless you have more than 10,000 followers, you cannot include direct links to your NFTs in your posts. You can only include one external link in your bio. If your target audience is on Instagram (which many NFT collectors are), the best way to avoid this is to create your website where you list your NFTs and let people know when they will be available. You may include the same.

Twitter is a perfect social media platform
On Twitter, there are usually a lot of people who are interested in NFTs. Unlike Instagram, you can use each tweet to create direct links to your NFT listings. Tweets can now include an image or even a series of images.

Facebook Audience Targeting
Facebook is the most popular social network, and it is something you should consider for promoting your NFTs. You can promote your NFTs on Facebook for a reasonable price. You can specifically target your audience by using a variety of demographics. This is also possible with Instagram advertisements.

  Jan 08, 2022       by ebimo-dogubo       628 Views

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