How can you make money from NFT | earn money through NFT

Ways to make money from NFTs (Non-Fungible Tokens).

NFTs are known as a collectible digital asset that carries value as cryptocurrency and art or culture. NFTs are elaborated as Non Fungible Tokens. They are not fungible like bitcoin and ethereum. 

NFTs can be of different types such as games, music files, paintings and art works.

NFTs are now being accepted and regulated in the economical sector, it’s right time to start using them. The value of these tokens is increasing rapidly, and many people are starting to buy them for the sole purpose of trading on exchanges. However, not everyone is a qualified trader who can make profits by buying and selling these cryptocurrencies. But in this article i am going to tell you the best ways by which you can make some easy money. 

Play NFT games to earn cryptocurrency

Play-to-earn NFT games are where players can monetize their time while playing video games. This model is the latest addition to the NFT market in the metaverse. NFT games are the future of gaming. They will play, earn, live, and repeat. It could be a possible future for gamers who live in games. In the end you are going to earn a lot of money by selling these game tokens which you will get from NFT related games.

Some NFT games which you can try:- 

Battle of Guardians

Battle of Guardians (BOG) is a real-time multiplayer NFT fighting game developed in UNREAL ENGINE and built on a multichain SOLANA NETWORK & BINANCE SMART CHAIN. 

Crypto Kitties

CryptoKitties was the first game built on the Ethereum network. Players buy, trade, and breed cats to create desirable traits which are actually indivisible and unique ERC-721 tokens. You can sell these tokens on opensea network and ultimately you are going to make some money by selling these tokens. 

How to create and sell NFTs?

What do you want to create?

First of all, you'll need to determine what unique digital asset you want to turn into an NFT. It can be a custom painting, picture, music, video game collectible, meme, GIF, or even a tweet. 

Pick your blockchain 

Once you have decided your unique digital asset, it's time to start the process of NFT minting. Minting digital assets (everything from art to music to articles) as an NFT is a way for artists to monetize their work.

Ethereum is the most common and used blockchain technology among NFT creators, you can use binance smart chain also. 

Setup your NFT wallet

Its better to convert your funds into ethereum. Then, fund your MetaMask wallet or Coinbase wallet with some initial investment. 

Find a suitable NFT marketplace

Once you have a digital wallet and some cryptocurrency, it's time to start creating (and, hopefully, selling) your NFT. For that, you'll need to choose an NFT marketplace. Some of the top NFT marketplaces include OpenSea, Axie Marketplace, Larva Labs,Nifty Gateway, Mintable, and ThetaDrop.

By the way, OpenSea is usually a good place to start. It allows you to mint your own NFT, and it's a leader in NFT sales.  

Upload your NFT file that you have created

I am going to tell you about OpenSea, you can use rarible also.

Go to your profile icon and click "Create" in the top right corner. You'll be taken to the NFT item creation page. This page will allow you to upload your NFT file, name it and add a description. Now you are done with it, the final step is to sale your NFTs at a good price. 

Sell your NFT

Now it's time to sell your NFTs at a fixed price or you can sell at auction time also.

Follow these steps before selling your first NFT:

Upload on multiple NFT marketplace

Do not stick to a single NFT marketplace, make sure to upload your NFTs on multiple marketplaces to increase the chance of selling them. 

Share your business with your friends

Just uploading your NFT portfolio on social media platforms won’t suffice. You will have to ask your friends and followers to share your NFT Project on social media.