'Link In Bio’ spurred a high-stakes race for link-in-bio tools! Could 'Mint In Bio' be next?!🙌
Discover more from $5.vc
'Link In Bio’ spurred a high-stakes race for link-in-bio tools! Could 'Mint In Bio' be next?!🙌
A dope startup idea branded with the perfect domain name!
WELCOME to the $5.vc newsletter!
* A differentiated way to get dope startup intel!
* Every drop we share a dope startup idea branded with the perfect domain name!🔥
* And if you’re new here, ALL domain names are made available FOR SALE!🙌
ICYMI the last 5 dope ideas we covered:
AgentAsimov.com — Your dope new AI Agent!🤖🖥️
BoredApeSneakerClub.com — A dope new sneaker community!👟🔥
PwockPwock.com — The loudest sport on TV goes mainstream!🏓📺
24702.com — The Vegas modus operandi! The Golden Knights, Raiders, Sphere, Formula 1, and Super Bowl LVIII!📈💰
ReadyPlayerDance.com — Shall we Play a Game? TikTok says YES!🎮🕹️
THIS DROP COVERS:
* ‘Link In Bio’ + NFT Minting = 🔥
THE DOPE STARTUP IDEA & THE PERFECT DOMAIN NAME:
* Breaking down the new market indicators & behavioral consumer trends we're tracking, and solidifying that into a dope startup idea branded with the perfect domain name.
→ ‘Link In Bio’ has become the go-to mechanism for brands & influencers to bring content to their audiences.
→ As a result, ‘Link In Bio’ has become some of the internet's most sought out real estate.
→ This was the impetus for spurring a high-stakes race for link-in-bio tools.
→ ‘Link In Bio’ has fast become a launcher for all flavors of creator tools & platforms.
→ Leverage these current market forces, and select a high-value, consumer facing creator niche that is primed for growth.
→ Lean into the market for blockchain based creator tools, focusing on NFT creation / NFT Minting — and brand it: MintInBio
→ Lock in the domain name: MintInBio.com
THE DOPE INSIGHTS:
* The insights, trends, and cultural inspo behind the idea & branding.
Where does the name MintInBio come from?
MintInBio gets its inspiration from all the link-in-bio tools & platforms that exist today — it’s straightforward, to the point, and easy to remember.
Is now the right time for MintInBio?
Yes.
We need only look at the market demand for link-in-bio creator tools & platforms, and the recent renewed interest in NFTs and corresponding jump in NFT activity & sales.
The trending market forces on link-in-bio tools & platforms:
It's some of the internet's most important real estate. And there's a land grab going on. — Links in bio work. As creators have embraced more platforms, they're looking for more ways to bring their brand and content together and help connect audiences across those platforms. — That has created a high-stakes, fast-moving race among link-in-bio tools. Some see it as the future of websites, simpler and more cross-platform. Others see it more like the next operating system, a launcher for a creator's many tools and platforms. All see a huge opportunity, and one they don't want to miss. *(reference.)
Platforms like TikTok, YouTube, and Instagram are “no-brainers” for discovery, Monica Austin, Linktree's CMO, told Insider. Creators who have audiences on these social media platforms are utilizing the link-in-bio so people can discover their off-platform communities, such as redirecting followers through a button to a Discord group or newsletter. *(reference.)
There are link-in-bio startups that gives tools for monetization, including Australia-based Linktree, a16z-backed Beacon and CRV and Crossfeed Ventures-backed Snipfeed. Then, there are Patreon competitors like Fanfix for Gen Z creator monetization and a16z-backed Fanhouse — both of which bank on non-NSFW content. *(reference.)
Link-in-bio platform Koji launches new tool to let creators sell e-books
*(reference.)
Sequoia-backed Bento wants be more than a link-in-bio tool for creators
*(reference.)
Fanfix launches ‘SuperLink,’ a link-in-bio platform aimed at Gen Z creators
*(reference.)
Snap is teaming up with Linktree to let users include links in their profiles
*(reference.)
And the latest news in NFT activity:
The Top 10 NFT Projects
The floor-based valuation of the top 10 NFT projects is now $3bn, up 71% from a month ago. *(reference.)
NFT Trading Volume Jumped 32%
“The yearlong downward trend in NFT trading has been broken,” DappRadar wrote, noting that NFT trading volume increased 32% from $306 million in September to $405 million last month.
NFT trading volumes across a breadth of blockchains that support the class of tokens are captured in DappRadar’s report. And across all networks, a 50% jump in NFT trading volume on Ethereum—crypto’s second-largest coin—kept it “leading the pack,” DappRadar said.
As the flow of JPEGs grew in October, the floor price—or cheapest listed NFT on a secondary marketplace—for some popular PFP projects increased as well. For example, the floor price of NFTs from the aforementioned Bored Ape Yacht Club rose from $40,000 worth of Ethereum to around $55,000. *(reference.)
CryptoSlam.io Weekly Global NFT Stats
Other than trade profits, everything is up. Global NFT sales crossed the $100m threshold for the first time since mid-August, and wash sales are at nearly a four-month high. This was also the fourth consecutive week of increasing total NFT sales. *(reference.)
And there you have it, MintInBio.com!🙌
Enjoy, and see you next time!
YOUR NEXT SIDE HUSTLE:
* Like dope startup ideas? Let’s collab!🔥 venture@5dollarVC.com
TELL A FRIEND:
* If you liked today’s drop, share this newsletter! Thank you!🤟
DOMAINS FOR SALE:
And hundreds more… LEARN MORE below.
LEARN MORE:
$5.vc is a concierge advisory service of product, marketing, and branding strategists specialized in naming & brand development, go-to-market & product market fit, and growth & retention strategy.
WORK TOGETHER:
We work with a limited number of clients at a time to ensure the highest quality of work. Please fill out our Advisory Services Typeform, and our team will be in touch as soon as possible.
DOMAINS FOR SALE:
Yes, all domain names are for sale. Any negotiated sale includes the transfer of domain, and may include any agreed upon advisory services from $5.vc. To get in touch, please fill out our Sales Inquiry Typeform.
'Link In Bio’ spurred a high-stakes race for link-in-bio tools! Could 'Mint In Bio' be next?!🙌
OneOf is emerging as a game-changer with the launch of Creator Mint — a complimentary NFT minting tool for artists, photographers, musicians and creators of all walks of life.🔥🙌
https://nftplazas.com/oneof-creator-mint
"Dapper has had a history of homeruns, beginning with one of the earliest (if not the first) NFT launches ever, CryptoKitties...
Then, in time for the 2020-21 bull market, Dapper released NBA Top Shot in a tie-up with the National Basketball Association. Essentially just a platform for people to trade tokenized snapshots of NBA replay footage, Top Shots became one of the breakout apps of the NFT craze. Dapper quickly capitalized on the buzz and launched similar products involving other sports leagues, including the NFL.
Disney Pinnacle seems to follow the same track. Users will be able to trade digital pins, modeled off of the popular physical collectible category, featuring Disney-related IP."
https://www.coindesk.com/consensus-magazine/2023/11/14/disney-does-nfts-again-in-partnership-with-nba-top-shot-makers-dapper-labs/