If you are familiar with NFTs you have probably heard of the term whitelist. But why should you care? Whitelists are fantastic. All in all. They were introduced to make the minting process easier.
No missing out because your favorite NFT sold out in minutes, not to mention you don’t have to spend hundreds of dollars on gas.
So now you may be asking, what exactly is a Whitelist and how do I get on one? In this guide, I answer those questions. So without further ado let’s jump right in.
In this guide:
What is a Whitelist?
Essentially a whitelist is a reservation ahead of launch, you provide your public address which is placed on a list. If you are on this list you are guaranteed to mint on launch. Whitelist spots are limited and therefore usually in high demand. This can prove very profitable if you find the right project as the mint price can be significantly lower. Not to mention projects often provide exclusive perks and airdrops to those on the list. Essentially you can view whitelisting as VIP treatment.
Why are Whitelists Used?
In a nutshell, whitelists are used to provide a more democratic experience to the community. Rewards are given to their most loyal backers rather than bots and people who just want to flip them for a quick buck. They are also used to avoid gas wars.
What on earth are gas wars? Gas is what is used to verify transactions. The higher the gas the faster the transaction. The problem is during NFT launches there is extreme demand in a short amount of time. This results in the Gas price getting bid up in hopes to speed up the minting process.
Whitelisting circumvents this by allowing users to mint over a longer period of time. So with the basics out the way, let’s look at the top 5 ways to get on a whitelist.
Top 5 Ways to Get Whitelisted
- Find the project early – In order to get whitelisted, you need to be at the right place at the right time. Twitter is the number 1 place to find projects. Once you have found the project, follow them, and then you can often join discord to chat with fellow community members. Discord is also where most of the key announcements take place.
- Follow the whitelist steps – this is different for each project. You need to find the whitelist requirements and follow the steps. This may be having a certain amount of Twitter followers or providing your crypto wallet details. If you don’t follow the whitelist steps you won’t get on the list.
- Sharing – Like they say, sharing is caring. At the end of the day, NFT projects want to get known. Ultimately, they use whitelisting as a means of promotion. Therefore, many of them only provide spots to members who follow, share and retweet. So be active in the community and you might get a spot.
- Competitions – NFT projects are always running competitions. They are often giveaways or puzzles. For instance, this could be in The form of art competitions. By submitting original artwork that shows support for the project the creators may take notice and grant you access.
- Hold an NFT from a previous drop – increasingly projects are giving access to existing NFT holders. In the case of DeGods, if you hold one of their DeadGods you get an airdrop of their new NFT y00ts. The same thing happened with Bored Ape Yacht Club. An airdrop was given to existing holders allowing them to mutate their ape.
If you want to view this article in video format then check out my video below:
As you can see there are plenty of ways to get on an NFT whitelist. The key method is social media. Whether that’s sharing the projects tweets or taking part in competitions. Although this does not guarantee you a place, it does provide you a better chance that you will get on. I hope you found this useful and if you want to learn more about NFTs check out The Beginners Guide to Generative NFT Art.