Post
Topic
Board Altcoin Discussion
Re: How do you make money with NFTs?
by
FairUser
on 17/06/2021, 01:06:45 UTC
I've seen people making millions of dollars selling NFTs on popular blockchain platforms. Things that were thought to be worthless are now worth a ton of cash. While all of this sounds great, it's not easy to create a unique NFT that would gain demand on the market. High gas fees on the ETH blockchain, makes it unprofitable to sell NFTs on it. Binance Smart Chain would be a better choice, but mainstream adoption on the platform is still low these days (when compared against Ethereum).

I'm wondering how do I make money with NFTs? Some guidance would be greatly appreciated. Thanks in advance. Smiley

I still don't know how I can make money from NFT without buying them. It still seems complicated to me in some ways. What I do is I buy NFT project token to make money but the thing is every NFT project lose more than 60% of its value. My portfolio is also going down because of some NFT projects. I think the NFT market is still very new and it needs time to develop.
Then you should give it some time, I think it really brings a lot of value to this market. I'm not talking about adoption, but finding an NFT in this market is easy, but making it valid is another matter.
I have been involved with some events that some projects organize, and they provide NFT tokens and those are the things that bring in money, although not interested in its features but it's money Smiley