How to Make Money in NFT?

The recent news is all about NFT art. More and more artists have started creating and selling digital pieces of art that bring them significant income. The apparel giant Nike has already joined this trending metaverse. The company has acquired startup RTFKT. In addition, the fashion giant Dolce & Gabbana has launched its NFT collection, bringing them $5,7 million.

Table of Contents hide

Creating and Selling New NFT Collections

Investing in NFT Art

The question is, “Is it possible to make money from NFT for casual users who do not possess millions for buying NFT startups?” The answer is “Yes!”. Every user from all over the globe has an excellent opportunity to make an NFT art and sell it to get cash. Yet, to cope with this task, it’s necessary to understand the essence of NFT.

So, what is an NFT token? It is a non-fungible digital asset that exists only in exemplary and can’t be exchanged for a sample of the same value. The creation of NFTs is based on blockchain technologies. But unlike a crypto coin, every non-fungible token is unique.

Both entrepreneurs and individuals can make NFT art. To do this, it’s necessary to possess a crypto wallet and buy ETH or Polygon coins. At the moment, only these two blockchain platforms support the NFT creation.

Creating and Selling New NFT Collections

More and more users are buying NFTs. You may become one of those who create tokens. If you still do not know how to make NFT art, the following information is strictly for you.

You should take only three steps to produce your first non-fungible token. They are the following:

Choosing the best platform for minting. The biggest marketplace for NFT artists is OpenSea. The use of the website is relatively simple. It’s the best place for both beginners and pros. The service is not free, but the prices are reasonable.
Actually minting. This step implies uploading your art and adding a title and description. Then, the program adds the certificate of authority after pressing “create.”
Listing. This step allows you to start selling your NFTs. However, if you want to get the most from selling your tokens, it’s better to explore the option of auction.

Investing in NFT Art

If you are not an artist but still desire to make money from top NFT collections, you should consider investment opportunities. It’s possible to get money not only if you know how to make an NFT art. You can purchase promising non-fungible tokens when the price is low and sell them when the price is high.

There are versatile types of NFTs. The most popular categories are images, audio, video game items, fashion elements, and collectible samples. It’s not obligatory to select tokens from the top of the chart. Instead, you are to focus on the possible price of the samples.

Nowadays, there are copious platforms to find the most popular and famous NFT collections. For example, on the website TopNFTCollections.com, you see the list of the most promising non-fungible tokens, detailed information about their prices, ratings, and the number of owners. Thus, you may evaluate the most attractive offers and choose the best variants to invest in.