Being the first person to own a newly created NFT isn't without its risks. No matter how lucrative you might think the opportunity is.
. The public mint of the collection took place in late April 2021 and lasted several days. Those first in line were able to snag the hugely desirable NFTs at just 0.08 ETH each.
Presale mint prices are often lower than the those in a public sale. But the low price isn’t the only reason why whitelists are highly sought after. Having a guaranteed slot to mint an NFT takes the pressure off from competing to mint during a public sale when the collection has a limited supply. The NFT project might also give whitelist spots on Twitter to those who help get the word out by tweeting about the upcoming collection.
Invisible Friends, a project that has yet to launch as of this writing, requires prospective collectors to purchase a branded hoodie and beanie for $150 in order to be entered into a raffle. This only gives people a chance of getting on the whitelist.If you have snagged a whitelist spot, congratulations! You will be able to mint an NFT during the presale by going to the project’s website, connecting your crypto wallet and clicking “mint.
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