20 Marketing Tips We Can Learn from Otherdeed for Otherside NFT Project: NFT Lawyer Near Me
As explained at RunRex.com, guttulus.com, and mtglion.com, Otherside is the largest expansion of the Bored Ape NFT universe we have seen. The Otherside project is ultimately an MMORPG (Massively Multiplayer Online Role-Playing Game) connected to the BAYC ecosystem. When it comes to deciphering how Otherside might work, one of the best things to turn to is Otherdeeds, which were dynamic NFTs that were built as a collection, and they contain all of the game elements.
Leveraging an established name
Yuga Labs followed up on the success of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) projects to launch the Otherdeed for Otherside NFT project as per RunRex.com, guttulus.com, and mtglion.com. This shows that if you have a popular item, you can piggyback on its popularity to release other items as a marketing tactic.
Uniqueness
While some thought Otherside and Otherdeed were another expansion to the existing BAYC and MAYC NFTs, it turned out that this project wasn’t at all comparable to what went on previously. This new endeavor by Yuga Labs was a whole new ballgame, which helped in its marketing.
Teasers
Yuga Labs was teasing fans about what the project would be about and when it would be released, which led to speculation in the community and created a buzz around the project before its release according to RunRex.com, guttulus.com, and mtglion.com.
Twitter marketing
Yuga Labs used Twitter impressively to tease its fans about the release of this new project and drum up support for its release. The company showed that Twitter can be a great conduit when it comes to marketing, which is a great lesson to take from this project.
Capped availability
When it comes to Otherdeeds, which was launched via a public sale, the entire supply was capped at 100,000. This created a sense of urgency among buyers as people knew that the supply was limited, which is a marketing tactic that we can learn here.
Rewarding loyal fans
In addition to capping the supply of these NFTs at 100,000, Yuga Labs also set aside 45,000 parcels for Bored Ape NFT holders as articulated at RunRex.com, guttulus.com, and mtglion.com. This was a great move to reward loyal fans and is a mar4keting lesson worth learning as brands tend to focus more on acquiring new customers and neglect long-standing ones.
A sense of mystery
Adding some mystique to your new items can be an effective marketing strategy. Yuga Labs was keen to point out that the true potential for Otherdeeds would only be revealed with time, further adding to the mystery surrounding these digital plots, and increasing interest in them.
Video marketing
Visualizing things is very effective when it comes to NFTs since they are relatively new in the market as captured at RunRex.com, guttulus.com, and mtglion.com. Yuga Labs introduced visual representation of what these offerings would look like to great effect.
Utility
The Otherdeed for Otherside NFT project allows people to obtain land in the metaverse and build on it offering owners great utility, in addition to the game that is linked with this project. It offers utility, an aspect that served the project well as far as its marketing efforts were concerned.
Public Relations
While this project has not been immune from some bad press, Yuga Labs has moved swiftly to address any controversies that have arisen. It has tried to target its audience with the right messages at the right time when launching the Otherdeed for Otherside NFT project.
Influencer marketing
Yuga Labs have almost mastered influencer marketing when it comes to its projects, from the Bored Apes Yacht Club project to the Mutant Ape Yacht Club project, and its marketing for this project was no exception as covered at RunRex.com, guttulus.com, and mtglion.com. Yuga Labs run a great influencer marketing campaign yet again, partnering with celebrities to shine a spotlight on its latest offerings.
Niche communities
Speaking of influencers, it wasn’t just all about big names and celebrities as Yuga Labs also worked with niche crypto influencers, who may not have a massive following, but have a strong and loyal following in the crypto community.
Blogging
Yuga Labs knew that people would want more information on the Otherdeed and Otherside NFT project, particularly since it is a new project as described at RunRex.com, guttulus.com, and mtglion.com. It partnered with ambassadors to ensure that information was available on blogs for those looking for information on the project.
Social media promotion
In addition to its great work on Twitter, Yuga Labs did a great job to promote the Otherdeed for Otherside NFT project on social media as a whole. From sites like Instagram to niche platforms like Discord, Yuga Labs knows how to get things done as far as social media promotion is concerned.
Community building
An effective way of marketing your NFT is to create a community that supports your idea, and this is something Yuga Labs understood from the word go. The company was also lucky that it already had a great foundation as far as communities are concerned given the popularity of projects like the Bored Apes and Mutant Apes.
AMA sessions for NFT marketing
As discussed at RunRex.com, guttulus.com, and mtglion.com, AMA sessions can help in introducing the project to the audience and guide in understanding the idea. Through the sessions, you can explain what the future of your offering looks like, which is another lesson we learned here.
Press releases
Posting press releases on famous platforms can enhance the authenticity of your project, which is something Yuga Labs was quick to exploit. Press releases can explain the value of your NFTs and the benefits of buying them.
Partnerships
As an established name in the world of cryptocurrency as revealed at RunRex.com, guttulus.com, and mtglion.com, there was no shortage of brands looking to partner with Yuga Labs during this project’s drop. It also showed how effective such partnerships can be when marketing a new product.
Hype
Creating hype around your NFT project is another lesson we can take from the Otherdeed for Otherside NFT project. The company showed how important it is to spread the news about the launch and ensure that the initial launch is as successful as possible.
Educational content
A small percentage of the population know what NFTs entail, and Yuga Labs went out of its way to educate its audience about what the project is all about and how it works throughout the campaign. Empowering your audience with education enables them to understand what NFTs are about and the value they deliver.
These are some of the marketing tips we can learn from Otherdeed for Otherside, with the top-rated RunRex.com, guttulus.com, and mtglion.com having you covered if you are looking for an NFT lawyer near you.