Adding Share To Earn To Your NFT Collection
Incentivize your community and referrals to bring in more sales to your NFT project
Take your NFT sales to the next level with Share to Earn and build a thriving community.
If you're an NFT creator, you're likely looking for ways to sell your collections better and attract more buyers. One way to do this is by incentivizing your community and referrals to help you market your NFTs.
You can do this by offering them a percentage of the mint earnings from any sales they bring in.
Why share earnings with your community and referrals?
Incentivize your community to promote your NFTs by sharing earnings and setting up a referral program. This builds trust, increases visibility, and creates a sense of exclusivity and reward for contributors, leading to increased sales and a loyal fan bas
How to set up a share to earn program for your NFT collections?
Setting up a referral aka share to earn is simple with NiftyKit. Here's how you can get started:
The first step is to decide how much you want to share with your community and referrals. This can be anywhere from 1% to 99%, depending on your goals and budget.
Then the next steps would be in your NiftyKit account:
Log in to NiftyKit
Go to the app's dashboard
Navigate to the Share collection and click add
Scroll to the Collection your want to activate the app and click [Add Share To Earn]
Installing Share To Earn to your smart contract will activate the share-to-earn button on your NFT drop page.
How it Works
Once the Share to Earn app is activated in your Collection, the share-to-earn button will be added to your drop mint page. This will generate a unique link per collector/wallet address.
For every sale, your smart contract will track the sold NFTs and their earnings so you will know how many have minted from the referral mints and who had the most successful referrals.
The revenue split between the owner and the referrals will be automatic and is based on the percentage that you have set up. No more hassle with manual payouts for each referral!
Having share-to-earn to your NFT Collection will encourage your fans to share their referral links and offer incentives, such as exclusive NFTs or early access to new collections, to those who bring in the most sales.
Sharing a percentage of your earnings with your community and referrals is a smart way to sell your NFT collections better. Not only does it motivate your fans to help promote your work, but it also helps build a stronger bond between you and your audience. So, if you're an NFT creator looking to increase sales and build a loyal following, consider setting up a referral program today.