How can you make money with NFT?

Some entrepreneurs and investors utilize NFTs like stocks and profit by buying and selling them . If you have already purchased a collection of NFTs and don’t need them anymore, you can easily sell them the same way you would if you were to create them yourself. The only step you’ll skip is the minting process.

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Is NFT good for artists?

The NFT isn’t necessarily the artwork itself, but it can function as a digital certificate of authenticity for the work . The NFT allows a creator to name a rightful owner of a file, giving them the rights to present, access or resell it. In the Digital Art space, this is beneficial technology.

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What is the NFT market?

So what exactly are NFTs? They’re digital tokens, often purchased with the virtual currency Ether, that record ownership of a unique asset . You buy NFTs on online marketplaces like OpenSea. One collection from Bored Ape Yacht Club had a $3 million daily trading volume as of mid-February.

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Can you sell NFT?

Just transfer the NFT to the marketplace where you want to sell it (if it currently isn’t already there, or if you are storing your NFTs only in your personal crypto wallet and don’t have them available to be viewed on a marketplace). Then click on the “Sell” button from within the page of the NFT you want to sell.15 Mar 2022

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