NFTs are one of the key building masses of a new, blockchain-powered digital economy. Numerous projects are experimenting with NFTs for a variety of use cases, such as gaming, digital identity, licensing, certificates, and fine art. What’s more, they can even allow slight ownership of high-value items.
What is an NFT (Non-Fungible Token)?
A non-fungible token (NFT) is a kind of cryptographic token on a blockchain that represents a unique asset. These can either be entirely digital assets or tokenized forms of real-world assets. As NFTs are not identical with each other, they may function as resilient of authenticity and ownership within the digital realm.
How many ways of making money with NFT.
- As a Creator.
- As an investor.
Firstly we discuss how you can make money with NFT as a creator.
If you are a Graphic Designer and you are an expert in your field of designing you can create your NFT after creating NFT you can mint them and sell them using the different marketplace. There are different categories of NFT like Art, Gaming, and sports. we will discuss later the marketplaces of NFT.
Main categories of NFT
- Trading cards and collectibles
- Art
- Gaming
- Content and media
As a creator, you can choose one category of them I will recommend you ART category of NFT is more powerful you can choose any other like your interest of field. if you are not a Graphics Designer you can use different online Graphics tools to create your NFT.
Online tools for creating NFT
- Canva
- PicsArt
- Desygner
- Sketch 3
So many different online tools are available that you can use as drag and drop and create your NFT my recommendation is CANVA is best for creating your NFT as a beginner.
After creating your NFT you need a marketplace or platform where you can sell your NFTand make money with NFT.there are different marketplaces some of top of them mentioned below.
Some Platforms or Marketplaces for selling NFT.
- OpenSea
- Rarible
- SuperRare
- Foundation
you can use exchanges almost top every exchange is providing facilities of buying and selling of NFT like Binance and Huobi.
Now we will discuss the second method of making money with NFT which is "As an Investor".
For Sending or Receiving your amount, you need a digital wallet for this. There are so many wallets for sending or receiving coins. Here is the list of some wallets.
Best wallets for NFT
- Metamask wallet
- Trust wallet
- Phantom wallet
- Coinbase wallet
- Alpha wallet
- Math wallet
Recommended: Metamask wallet is best.
This is a complete article about NFT after reading this article hope you understand everything about NFT that what is NFT and how to make money with NFT in different ways.
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