How to get on an NFT whitelist is a search widespread among NFT fanatics. With the rising interest in NFTs and their space, NFT projects created the ”whitelisting strategy”. Whitelisting grants early minting access only to pre-approved crypto addresses. This process benefits both project owners and users, by repelling fraud and gas wars.
What is an NFT whitelist?
A whitelist (also called an allowlist) is a cybersecurity concept that approves a list of IP addresses and then rejects others.
In the NFT world, whitelisting gives exclusive minting rights to a list of wallet addresses. This, in turn, gives users the ability to mint NFTs before their scheduled release to the public. (Sometimes even at a lower cost).
A pre-mint is often done through a mint pass or an allowlist. It gives community members and early backers a chance to mint before the public sale opens. But contrary to an allowlist, a mint pass costs money. In order to mint a certain amount of NFTs ahead of the general sale.
How to get on an NFT whitelist
To get yourself on a certain NFT whitelist, you must gain the attention of the project’s founders. Here’s how to achieve that:
Find a project before its launch
Most NFT initiatives look for potential community members who can help them raise awareness. Consequently, they reward their participants, often by adding them to their whitelist. You can search for these projects on Twitter, or you can use Rarity tools.
Join Discord groups for details on how to get on an NFT whitelist
After doing your research and settling on a project, join their community! Do that by joining the project’s Discord server and interacting with the members to contribute to the project’s development. Discord groups can also supply you with plenty of helpful information on the project’s credibility. The founders’ backgrounds, project roadmap, and latest announcements are usually all found there. You can also chat with other community members and get more whitelisting information from them.
Apply to be on the whitelist
This step varies from project to project. Applications can range anywhere from filling a Google Form, to being an active referrer of the projects. Other projects even use a lottery system in their whitelisting process.
After completing the application requirements, you’ll need to provide your cryptocurrency wallet address. If they accept, you’ll have access to the whitelist. Lastly, they will give you a timeslot to mint your tokens.
Avoid NFT whitelist scam
Much like in every other industry, scammers have created ways to wipe out funds from victims’ wallets. You’ll need to keep a couple of red flags in mind to help you spot them.
A project representative (or any other user) asks you for a bribe in return for getting your name on the whitelist. This is a scam! Genuine NFT creators do not manipulate their community members. It’s also probably a scam if a representative asks for your private key or bank details. Always avoid sharing such information.
Basically, only trust official links posted to the project’s Twitter account, Telegram, or Discord channels.
Is getting on the whitelist even worth your while?
Getting on a whitelist requires a lot of time and effort. You’ll have to continuously contribute to the project and engage with its community members. That is after you’ve done thorough research and investigation before the project even launches. Despite that, you can even fail to make the whitelist. Furthermore, you must keep in mind that getting whitelisted doesn’t necessarily mean making profits. If you mint unpopular NFTs, you might end up with illiquid assets that no one wants to buy.
On the other hand, if you are willing to put in some effort and build an ironclad plan, you can use whitelists to bolster your investment portfolio.