How To Make Money With NFTs
Before doing anything else you should be able to answer the question: what are nfts?
Non-fungible tokens (NFTs) are digital art assets that work on top of blockchain to make sure these items stay fungible.
Non-fungible means that an item is not able to be replaced. If you buy a virtual cat that same cat cannot be purchased by anyone else or at least has a unique signature attached to it.
The limited quantity is one of the reasons these assets keep appreciating in value while fungible items depreciate. Verifiable identity and scarcity are the main aspects that make NFTs so interesting.
Now that you have some knowledge about this weird digital artwork, we will dive into how you can make money with nfts.
The ecosystem is actually very big and there are multiple ways you can profit from it.
First, you will learn what is needed to create an NFT, some tips, and how you can create an entire collection using software (no tech skills required!)