-Determine the listing price (Reserves, Buy Nows, Offers)

-Pick a date and time to mint your NFT

-Pick a date and time to list your NFT (Listing on Foundation)

-Brand your collection

Foundation is the place to display your creativity and communicate your artistic identity to the web3 community. We’ve cultivated an experience that attracts collectors for a broad spectrum of NFT creations. Collections are a great way to group your NFTs and create a themed viewing experience for your collectors.

Collections on Foundation are creator-owned smart contracts that contain your NFTs - as a creator, you have complete ownership and control of the NFTs minted to your smart contract. To create a collection:

Determine the listing price (Reserves, Buy Nows, Offers)

Start by confirming the works you want to mint and determine your listing price, which is the minimum price you’d want to receive for the sale. If you want to sell an NFT, it's important to become acquainted with the Foundation auction system to align your strategy. Once an auction begins, you won't be able to update the reserve price, so make sure it's set appropriately.

Consider these points when setting a Reserve or Buy Now price

You know best how much you'll be happy to accept for an artwork sale. The best reserve price is the minimum you wish to receive, regardless of whether more bids come in throughout the auction. Listing at a low reserve price is more likely to kick off an auction sooner, but if you're willing to wait for your first bid to come in, you can set a higher reserve price for the right collector to decide. The best Buy Now price is the exact price that you’d want to receive for your artwork. No more, no less. Also, explore the sales history of other creators in the community and see what strategies have worked for them.

• You can also set both a Reserve auction and Buy Now price together. This gives collectors more options. Most sellers have the Buy Now price set higher since an auction won’t be kicked off to get higher bids.

Pick a date and time to mint your NFT

Minting a standalone NFT without listing it right away can be an important step in your rollout strategy. Consider minting at least 48 hours before or multiple weeks ahead to build up anticipation before listing the work for auction. Don’t forget to add a compelling description to your NFTs, which is crucial in telling the story of your artwork.

Pick a date and time to list your NFT

Prepare a Twitter announcement using our best practices guide. We regularly recommend having a minimum of 6-8 weeks for planning a strategy around your NFT release.

Once you have a date in mind for when you'll be ready to mint, consider these additional selling features:

• Scheduled listings: schedule your listing to go live on a certain time/date.
• Flexible duration auctions: have your auction duration be any duration from 15 minutes to 7 days. It’s your choice! Longer-lasting auctions could make it possible for more bids.
• You can also set both a Reserve auction and Buy Now price together. This gives collectors more options. Most sellers have the Buy Now price set higher since an auction won’t be kicked off to get higher bids.