How do you make money with NFTs? | Bitcointalksearch.org

andireynold98

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Quote from: CryptoG99 on June 23, 2021, 05:54:39 AM

I am interested in Black Eye Galaxy. Black Eye Galaxy is a decentralized NFT token. Players buy planets, starships and space stations. All as NFTs. Each planet will have it's own resources which can then be mined by staking. After a new planet is discovered it will be sold on the marketplace. The person that originally found it earns 40% of the revenue while another 10% goes to his civilization. If you discover planets with inhabitants, you can use them to create civilizations and launch your own currency. Land on inhabited planets will be sold in the form of NFTs which can be used to build cities, buildings and evolving the planets population and technology. There will be star clusters which can be deployed on different blockchains like BSC, ETH and more. You will also be able to build a space station on the planets orbit and a planet base which will speed up resource mining. A year in the metaverse will equal 24h of our time. They are planning to having planet profiles with first planet sales soon.

Really looking forward to this project in the future, hope it will become more booming in the future. Thanks again for the info

CryptoG99

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Quote from: Balmain on June 28, 2021, 10:59:36 AM

I tried many nft games and two of them I liked and especially able to earn money were axie infinity and lostrelic. Developers will make more unique games over time, I can't wait to try them out. Because of the high fees due to the Ethereum network, many people stay away. When this situation improves or the games running on other networks increase, it will be a good competitive environment.

What do you think of upcoming projects like Black Eye Galaxy? With Black Eye Galaxy the person that originally found the NFT will earns 40% of the revenue while another 10% goes to his/her civilization. It is a really cool concept and I am personally really excited for it.

Abiky

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Quote from: lumierre on July 28, 2021, 02:34:59 AM

The biggest hype in the NFT-sphere is in gaming. So you can find a game where you will buy different things, play this game and maybe sell them in the future. The examples are DuckWaves and Decentraland.
As for digital art, I don’t find this way to earn very reliable. It is just a fortune. Nobody can predict whether your own work or work you have bought would be valuable.
In addition to this, digital art and gaming is not the limit of ERC721 tokens. They can be used in many other things. So I hold the point of view that you should invest in projects that offer tokenization of physical things and documents.

It seems that in-game NFTs is where the money's at. These digital items have intrinsic value compared to digital art or paintings. I've seen a few popular blockchain-based games whose NFTs went all the way to the moon. It may be a good idea to buy and "hodl" gaming NFTs until the right time comes to sell them. In crypto land, everything is highly risky so I'd proceed with caution just to be safe. Putting all of your life savings into NFTs may not be a good idea since you could end up losing it all within crypto's ups and downs. I'd be paying close attention to the development of this emerging industry in order to invest my money wisely. Time will tell us whenever NFTs will survive or fade into oblivion as a failed experiment. Just my thoughts Grin

lumierre

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Quote from: Abiky on June 11, 2021, 11:28:19 AM

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.

The biggest hype in the NFT-sphere is in gaming. So you can find a game where you will buy different things, play this game and maybe sell them in the future. The examples are DuckWaves and Decentraland.
As for digital art, I don’t find this way to earn very reliable. It is just a fortune. Nobody can predict whether your own work or work you have bought would be valuable.
In addition to this, digital art and gaming is not the limit of ERC721 tokens. They can be used in many other things. So I hold the point of view that you should invest in projects that offer tokenization of physical things and documents.

blockman

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The value itself of the NFT that I've bought is increasing. And there are the common NFT games that we've known due to the popular demand in the public.
That's the best showcase that I've known with it because it's the NFT that became popular not only in the forum but also in our country. Everyone is getting to know more about NFT and liking the essence of it.

zayika570

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Quote from: Bertyda on June 26, 2021, 01:34:08 PM

Quote from: nikita2020 on June 21, 2021, 02:37:57 PM

For any platform with NFT, you need liquidity to create a need for NFT and they have been actively developing. This requires advertising and promotion. For example so https://twitter.com/100XCoin_/status/1406019367352082432

During a falling market, the most important thing is to preserve the user community, and continue to develop the project.

The price of me coins depends on their popularity and on the number of users of me coins. Therefore, it is very important to maintain the popularity of me coins even with a falling market.

Balmain

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I tried many nft games and two of them I liked and especially able to earn money were axie infinity and lostrelic. Developers will make more unique games over time, I can't wait to try them out. Because of the high fees due to the Ethereum network, many people stay away. When this situation improves or the games running on other networks increase, it will be a good competitive environment.

rozak

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Quote from: viananda2525 on June 27, 2021, 04:46:20 AM

check at vulcanverse gaming, its good NFTs gaming that will be trend in near future. basicly this game developted by vulcanforged project and i read in their site looks like possibly for us to make money here. if we are gamers , maybe we need to try this game and earn money . there are alot NFTs project but this project be most promising project now.

looks like Vulcan could be an NFT asset that will be big discussed in crypto forums after Dego some time ago.
Currently, the adoption of the NFT asset exchange has grown. and I guess right now it's just the beginning of the trend of trading NFT assets.
after DeFi, now and the rest of the year will probably be the momentum for the NFT project. and it looks like this year's bull market momentum isn't over yet. it will continue to strengthen.

viananda2525

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check at vulcanverse gaming, its good NFTs gaming that will be trend in near future. basicly this game developted by vulcanforged project and i read in their site looks like possibly for us to make money here. if we are gamers , maybe we need to try this game and earn money . there are alot NFTs project but this project be most promising project now.

Bertyda

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Quote from: Nekonoid on June 22, 2021, 02:09:08 PM

Quote from: nikita2020 on June 21, 2021, 02:37:57 PM

For any platform with NFT, you need liquidity to create a need for NFT and they have been actively developing. This requires advertising and promotion. For example so https://twitter.com/100XCoin_/status/1406019367352082432

Now it is very important to promote a cryptocurrency project, so advertising is needed to draw attention to the project and attract attention to it. Advertising is especially important in a falling market.

During a falling market, the most important thing is to preserve the user community, and continue to develop the project.

bitkanu

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Quote from: nhaila on June 23, 2021, 04:12:22 PM

I am sorry to say that I have a little bit knowledge about non frangible Token NFTs. It's a sticker or memes based non frangible asset which has concerned with gaming plafrorms. One can easily get money buying and selling NFTs.

it's a game and your NFT token will represent the item that can be used in the game. When you wanna buy an item to be used in the game and you must buy from others who have been selling the item that you are looking for that.
The simple explanation if that's the same like the game but the item in the game can be sold or buy with the token.
the token can be converted into the money dude.

Silberman

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Quote from: NicNacCoin on June 22, 2021, 07:14:07 PM

Non frangible Token (NFTs) are like as assets like land and home, you can easily get money from NFTs by selling and buying NFTs. NFTs becoming more and more popular day by day . Most of the people are interesting themselves collecting different NFTs.

Not really, NFTs are collectibles and nothing more, a house and a piece of land can be used for a lot of purposes while a NFT has only one use which is to keep it as an item that is only yours, something that is not really true as the person that sold you the NFT still has the legal rights to the object or digital data and as such could sell it again, similar to what we see with some works of art, so people need to be incredibly careful when buying one of those NFTs as it is possible that in just a few months they will hold no value.

TmHsHel

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Quote from: Nekonoid on June 22, 2021, 02:09:08 PM

Quote from: nikita2020 on June 21, 2021, 02:37:57 PM

For any platform with NFT, you need liquidity to create a need for NFT and they have been actively developing. This requires advertising and promotion. For example so https://twitter.com/100XCoin_/status/1406019367352082432

Now it is very important to promote a cryptocurrency project, so advertising is needed to draw attention to the project and attract attention to it. Advertising is especially important in a falling market.

When the market falls, the popularity of advertising decreases and the prices for advertising decrease.

Rebdoomer

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I compare NFTs and ICOs to the Tulips mania. Infinite supply with the initial hype that increased it's value then the demand faded away towards the end. Though 1% of NFTs were successful like Beeple and Cryptopunks.

CryptoG99

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You make money on NFTs by either minting them, buy and sell or new projects like Black Eye Galaxy.
In this case, players buy planets, starships and space stations. All as NFTs. Each planet will have it's own resources which can then be mined by staking. After a new planet is discovered it will be sold on the marketplace. The person that originally found it earns 40% of the revenue while another 10% goes to his civilization.

Hamphser

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Quote from: bakasabo on June 23, 2021, 04:53:55 PM

Anyone in this topic managed to made money with NFT? I just dont get the idea of it. Besides being speculative instrument, rare NFT has a real purpose or use scenario.
Perhaps when Binance would open NFT marketplace, situation might change. But so far I dont understand how to tell the value of a NFT. I own some. Got them from coingecko candies and from airdrop/bounty (dont remember now). I just have them, but I dont know their value or who would buy them, because they are not unique.

Usually NFT's with low mint number are the ones which would really be that valuable, not all but most likely the uniqueness and supply would be the main

factor or indicator that would really be telling if a certain NFT would be valuable or not and of course it would really be depending on the demand

and this is why there are people whom do collect as much as they can and hoping that the value would really be going up and making out themselves to be

millionaires so this is some sort of lottery for someone who do really believe on but who knows right?

bakasabo

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Anyone in this topic managed to made money with NFT? I just dont get the idea of it. Besides being speculative instrument, rare NFT has a real purpose or use scenario.
Perhaps when Binance would open NFT marketplace, situation might change. But so far I dont understand how to tell the value of a NFT. I own some. Got them from coingecko candies and from airdrop/bounty (dont remember now). I just have them, but I dont know their value or who would buy them, because they are not unique.

perfect999

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Quote from: Abiky on June 11, 2021, 11:28:19 AM

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).

Eventually all of this will go away. I know that it is a hot topic these days, it has been for a while and it is not a new thing, cryptokitties were sort of NFT (similar but a bit different) and got attention in its peak days, and now again in 2021 NFT got the same type of attention.

However at the end of the day we are talking about something that s not really that incredibly valuable, it is just a jpg that you own, you can't "own" them, it can still be shared, so you just own... the nft of it? Basically it is not really valuable, but even if it is for some people, it still should not be valuable as much as it is right now, we should not be looking to have coins that are millions of dollars, or pictures, or whatever they are, basically no NFT should be millions of dollars but for some reason they are. Which is why I believe we are not going to see it go on for very long.

nhaila

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I am sorry to say that I have a little bit knowledge about non frangible Token NFTs. It's a sticker or memes based non frangible asset which has concerned with gaming plafrorms. One can easily get money buying and selling NFTs.

abel1337

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Quote from: livingfree on June 13, 2021, 06:37:33 PM

Axie Infinity is another popular NFT blockchain game. You can search for more information about it and you get to play to earn with this game.

While owning the Axie, as you play, you'll be rewarded with its token SLP that you can sell eventually or use to upgrade and breed more Axie's or the character itself.

The actual Axie is the NFT and as you own it, you can use it for playing and make money and then, if you don't like it anymore, you can sell it with a margin.

We can find lot of game and investment platform like this.But we should aware at all the time.Because it's easy to scam people online.For example,people loss 10 dollar in one time.For the same reason 1000 people had loss their money.It's seems small loss for the people.But if you compare fully,it's around 10k dollar loss.Like this scam happening now in crypto.

Every Investment has its own level of risk. Investing in something that offers you to earn something can reduce the level of risk. Big earners in NFT gambled and risk their asset to buy something that they hope will have value in the future. The majority of investors in NFT's especially on NFT games researched first before investing in it. Scams are pretty common in crypto right now and those who earn in crypto know it well.

Topic: How do you make money with NFTs? (Read 721 times)