The team behind this project appear to be young and a bit inexperienced to take on the ambitious task of developing both a launchpad + a NFT marketplace simultaneously. A wise piece of advice I was told in the business world is to focus on doing one thing exceptionally well at the start. Therefore concentrating on either the launchpad or the NFT marketplace might increase their chances of success.
Their innovative approach to the launchpad is commendable. Building community groups + incentivizing engagement, insights sharing and contributions to project growth can be a valuable strategy. Building a strong community is crucial in the cryptospace + this approach could prove beneficial during project launches. However the success of any launchpad heavily relies on access to high quality projects. If they cannot attract such projects, this venture will likely fail.
While reinventing the wheel of an NFT marketplace is tough, in my opinion the best strategy for success is if you can’t offer something new/innovative then undercut the competition. At a 5% fee Thinkin are not doing this, Opensea is 2.5% + Rarible is 1%. With this fee I don’t see many using the Thinkin NFT marketplace. Show Less
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