Marketing Reflections: [Graphic Novel NFT Experiment Structuring]

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Stuck in my head after listening to this video:

  • Minimum Viable Audience:

I don't need to have everyone like what I'm doing.
I don't need to push my work into everyone's face.
I don't need to price my work competitively and race to the bottom.
I don't need to have a business that is larger than being a craftsperson.

  • Create Scarcity: Create Value:

CryptoArt is about Scarcity.
Value has to do with the quality of the work that I'm doing.
Create a Finite experience for people, and provide them with high value and scarcity, and craft.

  • Take away action applied to my own projects:

I am doing a print run soon, and there will be a definitive number of books printed. Once the books have printed, there will not be any more printed.

My Kickstarter project: Alice Slays the Jabberwock requires 40 copies. to fulfill.

There are also 84 pages of the story to turn into 1/1 NFTs on nftshowroom@nftshowroom.

The price of the NFTs will be 175 HIVE each, and if you own the NFT, I will also give you a password to download a PDF and the Creative Commons PSD Files for the project through Gumroad.

If you buy within the first 48 hours, the NFT will include a signed graphic novel shipped to the address of your choosing.

During that 48 Hours, I will be providing a means for others to purchase the Print Version through other methods.

Once the 48 Hours is up -- the print run will be off the table. Thus, making it a limited edition run.

The NFTs will also be Exclusive to #HIVE and will never be minted again.

Thanks to that brainstorm, I now know how I'm going to go about monetizing this portion of my project.

.:.

I can't know if this is a good idea or not - but it's the best approach I have given the what I know right now, so it's good enough to call as an 'experiment'.

In addition to that, I've spent a lot of time in deliberation thinking about how to do this, so it feels good to have a solution in mind.

*note:

The correlation to a physical NFT is also an idea I heard last night while listening to DappDigest -- which is an ETH focused Dapp stream hosted by Brady Mckenna