DiscoverDecentralized Ops2. How to Prepare for an NFT Drop with Zach Sokolski
2. How to Prepare for an NFT Drop with Zach Sokolski

2. How to Prepare for an NFT Drop with Zach Sokolski

Update: 2022-10-06
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Description

Gil Hildebrand and Zach Sokolski discuss how to prepare for an NFT project. Zach is a Product Manager at Gilded who helped launch Nieux Society — an NFT project designed to bring the creative culture of the city of New Orleans to web3. Zach shares how operators should prepare and bulletproof their project for a successful drop with clear goals and financial preparation.

Key Takeaways: 


  • Questions that operators should ask their product and tech teams when preparing for an NFT drop

  • How to ensure the creator royalty percentages are configured and the addresses those royalty payments are sent to

  • How to be clear on your treasury management process

  • Why royalty percentages should be paid directly to a multisig account 

  • Why you should automatically convert funds into dollars and send them to the respective bank accounts 

  • How to have a clear view of what your net revenue is once all the collaborators and partners have received their share of any royalties


Where to find the host and guest:


Where to learn more about Gilded and DeOps:


The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.

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2. How to Prepare for an NFT Drop with Zach Sokolski

2. How to Prepare for an NFT Drop with Zach Sokolski

Gil Hildebrand