A whitelist NFT refers to a specific group of individuals who have been granted early or exclusive access to purchase a non-fungible token (NFT) before it is available to the general public. Being on a whitelist often provides advantages, such as guaranteed allocation or pricing benefits.To get on a whitelist, individuals usually need to meet certain criteria, which could include following social media accounts, engaging with the project’s community, or completing specific tasks. This process helps create a sense of exclusivity and fosters engagement within the community.Whitelisting is often used during NFT launches, especially for projects that expect high demand. It can also help reduce transaction congestion during sales, ensuring that committed supporters have the opportunity to acquire limited-edition NFTs. Overall, whitelisting plays a key role in promoting community involvement and rewarding dedicated supporters of a project.
Bit Digital Acquires 31,057 ETH Through $150M Convertible Notes Offering
Bit Digital Inc. (Nasdaq: BTBT) has purchased 31,057 Ether (ETH) using proceeds from its recently completed $150 million convertible notes