An AMA is an acronym for “Ask Me Anything.” It is an open discussion floor, usually between project founders and the rest of the NFT community. During one of the sessions, several matters relating to an NFT are covered.
The best way to know if a project will succeed, especially if you’re just starting out with NFTs is by listening to their AMA session.
An AMA session usually begins with a proposed time and place for the meeting. It could be a life or a virtual meeting where they gather and discuss on a social platform. Such online platforms include Twitter spaces and Discord.
When it’s time for the meeting, the team acknowledges their presence. They then allow the community to send in questions while answering them openly.
Numerous projects hold NFT AMA frequently for several reasons. Firstly, it assures competent investors that the project is real, just like its developers. Transparent NFT collections with developers with nothing to hide shouldn’t have a problem organizing an AMA from time to time.
Secondly, an “Ask Me Anything” session will help satisfy the questions of members of the community who aren’t clear in certain areas.
In these sessions, they get the opportunity to interact directly with developers who can get down-to-earth with them. Rather than holding on to rumors spreading around the internet, sessions like this will help clarify opinions among members.
It’s a helpful scheme on the side of developers to keep up with the engagement of NFT holders. They can use it to feed their community with necessary information and updates. This way, there is less risk of their members buying false stories on the internet.« Back to Glossary Index