Make Money on NFT: Learn everything you need to know about NFTs and how you can earn big.
Conti and Schmidt report that “a staggering $174 million has been spent on NFTs since November 2017.” One new asset you might have seen exploding onto the market is the NFT or Non-Fungible Token.
From music and art to everyday items like toilet paper, these digital assets are “selling like 17th Century exotic Dutch tulips,” say Forbes writers Robyn Conti and John Schmidt.
The question is: are they worth the money (or the hype)?
Some experts feel they are “a bubble poised to pop,” while others believe NFTs are going to change investing forever.
In this special report, we’ll take a close look at what NFTs are, how they can help your business and so much more.
- How NFT Works
- How to Use NFTs
- How to Purchase NFTs
- Risk Management
- Step By Step Guide to Get Started
- Monetizing Your NFT
“While we were all waiting for virtual worlds to spring up,” says Joe Procopio, entrepreneur and founder of TeachingStartup.com and GetSpiffy.com, “Facebook was selling out of Oculus.
An NFT is “minted” (created) from digital objects representing both tangible and intangible items, including art, GIFs, videos, sports highlights, collectibles, video game skins & avatars, designer sneakers, and music.
You can even sell a tweet. In fact, Twitter co-founder Jack Dorsey sold his very first tweet as an NFT for nearly $3 million!
Essentially, an NFT is like a physical collector’s item, only it’s digital. Instead of buying a physical painting to hang over the mantel, you get a digital file. You also get exclusive ownership rights because an NFT can only have one owner at a time.
Its unique data makes it easy to verify ownership and transfer tokens between owners. Also, the creator or the owner can store specific information inside their NFT, such as the artist’s signature in the metadata.