How do you make money with NFTs?

[blackened515]

I tried to upload my NFT on rarible platform, an ethereum based one but the approval fee and minting fee was much,  ever since then I waited for Binance NFTs marketplace to launched but it seems it had been launched recently, the platform works better on computer not mobile device, connecting my Binance account via trust wallet was poor and an article says it better on PC, I haven't tried to sell NFT before but I know it's still profiting and people are becoming millionaire from it.

[gundala]

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I'm wondering how do I make money with NFTs? Some guidance would be greatly appreciated. Thanks in advance.

I have participated in several NFT airdrops from twitter, and have been lucky to win some of them. there is one that I got from nft which is quite a large community, so before I offer someone already bidding up to 0.5 eth, this is really an amazing experience. where we know to sell nft on some big platforms like opensea and rarrible requires quite a large amount of gas. I'm really lucky.
while the other nft that I got from the airdrop is still not selling.
I'm relying on airdrops to get nft, making this a pleasure, in case some collectors bid more.

[imstillthebest]

I'm wondering how do I make money with NFTs? Some guidance would be greatly appreciated. Thanks in advance.

I just discovered a NFT game and I'm loving it because it generates income for me, all you have to do is to play and you'll earn their own token. With regards to arts, I've been posting some of the personal art on different platform but I didn't get any luck and I didn't sold anything so I stopped working on this one and focus more on the NFT games where my work are fully appreciated, you can also trade with some NFT just always do you own research.

i guess the game your playing is axie ? because this game is getting popular lately.
 playing a game to earn is much easier than thinking of a product and transform it to nft and sell it at the right price  or if you have an nft you can try trading it to the other nft if you think their nft can be sold easily .

[akirasendo17]

I've seen people making millions of dollars selling NFTs on popular blockchain platforms. Things that were thought to be worthless are now worth a ton of cash. While all of this sounds great, it's not easy to create a unique NFT that would gain demand on the market. High gas fees on the ETH blockchain, makes it unprofitable to sell NFTs on it. Binance Smart Chain would be a better choice, but mainstream adoption on the platform is still low these days (when compared against Ethereum).

I'm wondering how do I make money with NFTs? Some guidance would be greatly appreciated. Thanks in advance.

I still don't know how I can make money from NFT without buying them. It still seems complicated to me in some ways. What I do is I buy NFT project token to make money but the thing is every NFT project lose more than 60% of its value. My portfolio is also going down because of some NFT projects. I think the NFT market is still very new and it needs time to develop.

There are some nft which have good values, and are stable one of them is axie infinity, you will enjoy playing and breeding them, then you can sell them in the market, that way you will be able to make a profit, but if you will not spend single money with those nft's there is no way you will earn just by looking at them, but you can apply for scholarship program which is very popular in Asia, you can play and have a profit with SLP, with your manager, so you play and earn, at the same time without buying.

[Gorosden]

The same way you make money from other crypto projects?

1. Buy presales at discount price
2. Sell when listing takes place
3. If the NFT is gaming NFT then you can play to earn some more NFT
4. You can participate in their Yield farming is available or stake the NFT

[Silberman]

I had the same question a couple of weeks ago. After doing some research, found that it no game for the people who are not artists. I tried doing something as newbie with opensea.io. my first collection is still waiting for approval:)

I could see other NFTs holding value even if they were not created by artists but my problem with them is that they do not really give ownership of the digital asset, you just get a certificate that says that you are but you have no power over it, and as long as that is the case then nothing is going to change and the market of NFTs is going to keep losing interest from investors as they do not see any benefit for them while the creator of the digital content gets the best of both worlds by selling his work and still retain the rights to it.

[Nekonoid]

For any platform with NFT, you need liquidity to create a need for NFT and they have been actively developing. This requires advertising and promotion. For example so https://twitter.com/100XCoin_/status/1406019367352082432

Now it is very important to promote a cryptocurrency project, so advertising is needed to draw attention to the project and attract attention to it. Advertising is especially important in a falling market.

[Yatsan]

Non-Fungible Tokens (NFTs) have become very loud and popular in our country since last year and become a big boom earlier by this year due to recent success from early adaptors who have been into it more likely ever since 2017 as far as I have remembered upon talking with some people that have introduced it to me recently. The way people earn on NFT are commonly through play and earn on which people are earning tokens from such games and trade or sell trade tokens for a handy on money on exchanges or platforms connected to that NFT they are engaged with.

[NicNacCoin]

Non frangible Token (NFTs) are like as assets like land and home, you can easily get money from NFTs by selling and buying NFTs. NFTs becoming more and more popular day by day . Most of the people are interesting themselves collecting different NFTs.

[Luqman]

Unfortunately, I never make money with NFT. I cannot make it itself and also still have no idea to trade NFT on a certain platform. However, I like how the idea of NFT so far. Moreover, I ever see it on several popular exchanges and platforms. Like now what is going on Binance NFT or Tokocrypto NFT, that is interesting. Moreover, NFT is right now very popular and becomes the new idea of cryptocurrency concepts.

[Fire Rabbit]

I've seen people making millions of dollars selling NFTs on popular blockchain platforms. Things that were thought to be worthless are now worth a ton of cash. While all of this sounds great, it's not easy to create a unique NFT that would gain demand on the market. High gas fees on the ETH blockchain, makes it unprofitable to sell NFTs on it. Binance Smart Chain would be a better choice, but mainstream adoption on the platform is still low these days (when compared against Ethereum).

I'm wondering how do I make money with NFTs? Some guidance would be greatly appreciated. Thanks in advance.

Why you need eth or bsc network to create NFTs. Choose wax blockchain which is carbon free.
You dont have to pay anything as gas fee here in wax blockchain and thats it highlight.
If you want to know more about it visit this link https://on.wax.io/wax-io/. I own many NFTs in wax blockchain.

[laohe628]

Unfortunately, I never make money with NFT. I cannot make it itself and also still have no idea to trade NFT on a certain platform. However, I like how the idea of NFT so far. Moreover, I ever see it on several popular exchanges and platforms. Like now what is going on Binance NFT or Tokocrypto NFT, that is interesting. Moreover, NFT is right now very popular and becomes the new idea of cryptocurrency concepts.

I didn't make any money on NFT either, but i didn't lose any money because i didn't invest any money in NTF. I know NTF is a hype and may be is a good oppotunity to make money from it，but unfortunately i don't understand it at all so that i choose not to involve in it.
Anyway，i wasn't involved in NTF before, and i am not involved anymore. I'm a coward，haha.

[xSkylarx]

Making money with NFTs comes with two factor which is influence and talent. You can make NFTs if you are good at painting or can make something unique that will attract people to buy them. Some people with talents can make money out of this but are not noticed because they have no means to promote their service. They just become popular if some influential personality notices them and started promoting on their social media.

If you think you have a talent for this, you can create your own NFT and sell it on a marketplace like Opensea. https://www.cnbc.com/2021/03/23/how-to-create-buy-sell-nfts.html

[CryptoG99]

I am interested in Black Eye Galaxy. Black Eye Galaxy is a decentralized NFT token. Players buy planets, starships and space stations. All as NFTs. Each planet will have it's own resources which can then be mined by staking. After a new planet is discovered it will be sold on the marketplace. The person that originally found it earns 40% of the revenue while another 10% goes to his civilization. If you discover planets with inhabitants, you can use them to create civilizations and launch your own currency. Land on inhabited planets will be sold in the form of NFTs which can be used to build cities, buildings and evolving the planets population and technology. There will be star clusters which can be deployed on different blockchains like BSC, ETH and more. You will also be able to build a space station on the planets orbit and a planet base which will speed up resource mining. A year in the metaverse will equal 24h of our time. They are planning to having planet profiles with first planet sales soon.

[dhemasm]

Why you need eth or bsc network to create NFTs. Choose wax blockchain which is carbon free.
You dont have to pay anything as gas fee here in wax blockchain and thats it highlight.

Well NFT was exist in Ethereum chain in the first place and NFT Community was big there so it's get more traction, Same with BSC Which is 1:1 ETH Copycat. People was also more familiar with Ethereum & BSC Network so i suppose it's normal.

If you want to know more about it visit this link https://on.wax.io/wax-io/. I own many NFTs in wax blockchain.

And for this one, Thanks for the information. Bookmarked for now and will take a look later.

[JackieAinsley]

For any platform with NFT, you need liquidity to create a need for NFT and they have been actively developing. This requires advertising and promotion. For example so https://twitter.com/100XCoin_/status/1406019367352082432

Now it is very important to promote a cryptocurrency project, so advertising is needed to draw attention to the project and attract attention to it. Advertising is especially important in a falling market.

100XCoin is a memecoin and it is very important for memecoin to have a large crypto community and constantly increase the number of active users of the ecosystem in order to increase the liquidity and popularity of the coin.

[CokeCoin]

Unfortunately NFTs now is more a hype thing and this hype is fading away. To gain money on your art there you need to have a HUGE fanbase and part of this base must be ready to deal with crypto. Moreover, unless NFTs will be legally approved there's no real transfer of propietary rights when one buys a NFT. But it can happen in future and that's really high potential.

[jrrsparkles]

I've seen people making millions of dollars selling NFTs on popular blockchain platforms. Things that were thought to be worthless are now worth a ton of cash. While all of this sounds great, it's not easy to create a unique NFT that would gain demand on the market. High gas fees on the ETH blockchain, makes it unprofitable to sell NFTs on it. Binance Smart Chain would be a better choice, but mainstream adoption on the platform is still low these days (when compared against Ethereum).

I'm wondering how do I make money with NFTs? Some guidance would be greatly appreciated. Thanks in advance.

Those NFTs which are sold for millions are just collectibles and no one id going to sell them back who ever bought it or they won't care about selling it for profits means there is no such definite price range for such kind of projects but there are also tokens are created for free but they are looking to make money with that, which doesn't sound fair to be honest.

[Dread Pirate Roberts]

I'm wondering how do I make money with NFTs? Some guidance would be greatly appreciated. Thanks in advance.

Not really fans of NFT but i do search some info about it . and most of them are about digital art like painting, gif , etc . and im also trying to use their platform and most of those NFT project required high fee just for listing your own art . i think the concept is almost like payment .

[Godwinpaul]

NFT Seems to be the new oil well in the cryptocurrency industry that is still being explored and have more opportunities for all and sundry. The market is getting famous and more profitable projects are coming on board. There are some NFT projects on the binance smart chain and that's a good opportunity, though ethereum fees are quite affordable now.