What is NFT? How to earn money?

NFT

Non-Fungible Token - with the advent of cryptocurrency came a kind of revolution in the digital world. Lately, there is a new topic that is very popular, that is NFT. Some celebrities have even appeared in the world of NFT.  NFT is a digital asset. It is based on blockchain technology. With its help, ownership of pictures, GIFs, video clips, paintings and other digital assets is determined. The property can then be bought and sold. NFTs are bought and sold digitally.



Is NFT completely safe?

Some time ago, hackers stole 2 billion Nepali rupees from a non-fungible token (NFT) platform. By hacking data, hackers have managed to steal so much money. There are some cases of theft in NFT but most of the time it keeps your digital assets safe.


What is the future of digital ownership?

We used to keep physical albums, DVDs or computer games in our house, now all physical things are being replaced by digital objects. For our convenience, we are increasing this trend. NFT seems to be a long-term trend. The NBA has started using FFT to sell highlight videos in basketball games. Musicians have also started using NFT to upgrade royalties. Jack Dorsey, Twitter's founder and former CEO, also sold his first tweet via NFT. This proves that our physical world is becoming digital.


Types of NFTs

There are many types of NFT, but here we will tell you about 12 types of NFT which are very popular.

#1. Art NFT

#2. Miscellaneous Online Items NFT

#3. Domain Names NFT

#4. Music NFT

#5. Memes

#6. Access NFT

#7. Game NFT

#8. Big Sports Moments NFT

#9. Redeemable NFT

#10. Identity NFT

#11. Virtual Fashion NFT

#12. Web 2 Databases NFT

#13. Trading Cards NFT

#14. Collectables NFT

 

Where we can sell NFT?

We have more than 50 platforms availabe where we can sell our NFTs but here we are going to tell me 6 best marketplace where you can sell and earn money

#1. OpenSea

#2. Axie Marketplace

#3. CryptoPunks

#4. Rarible

#5. SuperRare

#6. Mintable

and many more...


How to earn money from NFTs?

It may come as a surprise to hear that many people have managed to earn millions of dollars in a short time from NFT (Non-fungible token). If you also want to earn money from NFT, first create a cryptocurrency wallet (coinbase, Exodus) Deposit some amount of Ethereum in that wallet as Ethereum is the most used cryptocurrency in NFT transactions 

After creating the wallet, create an account in NFT Marketplace (Open sea, Axie). Now connect your cryptocurrency wallet to NFT Marketplace. You can buy and sell NFT from NFT Marketplace. 

Explain your digital assets (Music, art, video game skin, images) using your skills and convert those digital assets into NFTS in the NFT Marketplace (Open Sea, Axie) for a fee. You can now put your NFTS up for auction. The digital assets you create can also be sold through freelance websites. You can also earn money by trading NFTS as mentioned above.


How to create NFTs Wallet? 

To buy NFTs we have so many platforms available like Opensea, Decentraland, etc after that you should have Ethurium Token.

Here are the steps to use MetaMask: 

#1. Download the MetaMask app to your smartphone 

#2. Click “Get Started” 

#3. Click “Sync with MetaMask extension” 

#4. Open your MetaMask desktop extension, 

#5. Go to Settings > Advanced, Click on “Sync with Mobile” and enter your password.

#6. Using your phone’s camera, scan the QR code to start syncing


Conclusion:

I hope this guide is helpful don’t forget to leave your questions and comments below, and don’t forget to share. Blogger has always become a platform that inspires us to start our own work and motivates us. Today we knew about What is NFT? How to earn money? Hope you follow and like this article and many other blogs.

Post a Comment

0 Comments