Into the NFT Space - First Minting Experience

I've been involved in web3 projects for almost 6 months now. But I have zero experience in this web3 world, especially the NFT. I only involved in the project management part so far, not so technical even.

So, with the aim to get a hands-on experience as the guy from the other side, I decided to take a step to start my journey in this NFT space.

I started with joining a Discord server from this particular upcoming project that I found interesting. It's just a casual chat, games, and quizzes when I suddenly got Whitelist role.

"Oh, this is interesting," I thought. Now I got a chance to mint an NFT.

It didn't stop there. One late night, I won an OG role from a quiz. Now I got a chance to mint an NFT, for free!

The vibe was good. Closer to minting time, everyone got very very very excited.

But when finally they opened the gate, it was chaotic. Many people were disappointed.

And here's my notes about what happened during the minting time that lead to chaos.

  •  What You See is What You Get

Prior to minting, the team announced that each wallet can mint up to 3 NFTs.

If you read the contract from Etherscan you will also see they did put the limit there.

So what could go wrong? The user interface.

Unfortunately, the UI lets people to pick number from 1 to 10 when minting. Yes, t-e-n, 10. 

Many were complaining. Many said the team changed the plan without proper announcement. It's just not the case but many people really think WYSIWYG.

  • The party killer
Interesting project. Hype is high. Supply is good. Price is acceptable.

Sounds good! So what's the problem? Oh, high gas fee it is!

Of course we cannot 100% control the gas fee. But there are 2 possible reasons why this happen and many people put the blame on the team. 

1. The contract is not optimized.
2. Wrong minting time.

For point 1, I'm not sure because I guess it's quite technical.

For point 2, many people said the team should pause the minting and reopen when the gas fee is lower. Actually after the incident, one of them admit that they made a mistake by not trying to mint themselves before they open the minting for public.

OK, that's all.

It was my very first minting experience. It's interesting. Knowing that one tiny mistake can ruin everything you've been build for months is really an eye-opening experience.

Let's see what will happen next.

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