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WHAT IS A COLLAB FCFS IN NFTs

Collab FCFS stands for “First Come, First Served” collab, meaning whitelist spots go to whoever claims them first. 

Here’s how they typically work: 

An emerging project offers whitelist spots to an already-minted collection or a DAO. A limited number of members from those communities receive a whitelist spot in exchange for meeting certain requirements. So only the first people to meet the requirements get the whitelist.

This is the most common type of collab. It can also happen between two projects that haven’t minted yet.