4 Critical NFT Marketing Mistakes To Avoid In Order To Sell Out

14 Apr 2022 · 9 min
8:30

In this video, Eric Siu, creator of the Leveling Up Heroes NFT, reflects on the launch of his project and outlines several "boneheaded" marketing mistakes that hindered its performance, offering insights for future NFT launches. He first discusses the lack of an aggressive, early promotional blitz, noting that a longer, more intensive promo period with more partner projects could have driven better results, and emphasizes the need to push the team hard when promotion stalls. He then critiques reliance on paid Twitter and Facebook ads, arguing that organic influencer promotion is far more effective in the NFT space. The second major mistake highlighted is launching without unique profile picture (PFP) NFTs, which confused buyers accustomed to PFP collections despite offering extensive utility. Siu also describes the confusion caused by releasing two utility tiers (Epic and Magical) simultaneously, suggesting a single‑tier launch would have been clearer, and notes that external timing factors—such as launching during the Ukraine invasion—further hurt momentum. Finally, he stresses the importance of rapid hiring and onboarding of community managers, as a strong, responsive community is essential for post‑launch success. Throughout, Siu frames these lessons as learning points, mentions upcoming plans like a June PFP drop and future events, and invites viewers to engage, comment, and apply these insights to their own NFT projects.

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