What term is used to describe the first of users given early access to mint or purchase NFTs before the public sale? Dropee Question of the Day 9 October 2024

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Dropee Question of the Day 9 October 2024

Today's Dropee Daily Question is: What term is used to describe the first of users given early access to mint or purchase NFTs before the public sale?

Explanation 

The term refers to a group of users who are given the chance to access NFTs before anyone else. This special access is often granted to build excitement and reward loyal supporters. These users get the opportunity to mint or buy NFTs at a predetermined price before they become available to the general public.

This practice is common in the NFT space, where creators aim to create a sense of exclusivity and urgency. By offering early access, it encourages users to engage more with the project, while also ensuring that those who believe in it from the start have the chance to secure valuable assets before they are sold to a broader audience.

Hints 

Here are some hints to help find the answer:

• This term is often associated with exclusive early access in the NFT community.
• It involves a select group of users who are usually loyal supporters or investors.
• The users get to buy or mint NFTs before they are available to the general public.
• The term starts with the letter "W" and is commonly used in various digital and gaming platforms.
• This access is typically part of a strategy to create buzz and excitement around a new NFT project.

Answer 

The correct answer is WHITELIST

Explanation 

A whitelist is a list of people who get special access to buy or mint NFTs before everyone else. These people are chosen because they have shown support for the project or are part of a community. Being on the whitelist means you can buy the NFTs at a set price before the public sale starts.

Getting on the whitelist is important because it gives you a chance to own valuable NFTs before they become available to others. This makes it exciting for those who are selected, as they can get rare items that might sell out quickly during the public sale.

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