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WHAT IS NFT AND HOW TO EARN WITH IT..

If you are interested in NFTs, this is how you earn it

NFTs are virtual goods used in gaming. They are often digital representations of objects that can be sold, traded or even rented. Examples include skins for weapons in the game Counter-Strike: Global Offensive, or Warframe platinum currency that can be bought with real money and used to purchase items in the game.

The first thing we should know about NFT is that it stands for Non-Fungible Token. In today’s digital world, these tokens can be treated as a form of property because they have a string value and cannot be divided into smaller quantities.

Non-Fungible Tokens are the new “genie” in the Crypto world. They are decentralized, fungible tokens that can digitally represent an asset or idea. These tokens are non-physical and cannot be duplicated.

When talking about how to earn money with this technology, there are multiple ways. We’ll discuss some of them later in the article along with answering the following questions:

What can I do with an NFT?

Can you make money with NFT?

What is NFT digital art?


How do Non-Fungible Tokens work?

Non-Fungible Tokens are unique digital assets that are accompanied by a certificate. The Certificate of Authenticity for the asset states that it is unique and different from any other token.

Ownership of the token is recorded through blockchain technology. These tokens could be digital representations of physical assets, such as artwork or clothing. As long as you are the owner, you can earn passive income with NFTs by imposing terms.

 

How to create NFTs & earn money?

The question of how to create non-fungible tokens and earn money has been on the minds of entrepreneurs, developers, and enthusiasts for quite some time. Non-fungible tokens are tokens that are unique in terms of their characteristics.

The following are the steps a person needs to follow to make NFT.

First, clarify and figure out what a non-fungible token is, and you are sure to make one and sell it.

Check out the platforms and select one that you want to sell.

Next, set up and connect the crypto wallet.

Finally, start creating your first non-fungible token and list it on your chosen platform.

After listing the digital assets, there are multiple ways of making a lifetime passive money. Some of them are the following





Sell Non-Fungible Token(NFT) on a Marketplace:

One of the most popular ways for people to make money is by selling their NFTs on a marketplace. There are a variety of platforms and marketplaces where these NFTs can be sold and traded on, such as:

OpenSea

Axie Marketplace

CryptoPunks

Rarible

SuperRare

Mintable

and so on

 

Rent out:

Non-fungible tokens (NFTs) are digital assets that cannot be replicated. One way to use NFTs is through what is known as “renting”. Renting an NFT means giving it away for a fixed period of time in return for money.
To get your own NFT

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