Looks like you know somethings about NFT. I have been hearing about this for a very long time now. But I have not find time to learn about it and how it work.Everyone thinks you get rich overnight, but sometimes its just your luck and sometimes its hardwork of many sleepless nights! and being smart is the key. When to buy and when to pull out!
That nft which he sold for $48m is not worth more than $280 , because when a celebrity sells something people but it " not because the product has excessive quality but because its a brand value that's attached on it and when the buyer next tried to sold it max bid was $281 so he lost millions thinking he will be rich this way and got the desired lesson too for being too risky in his approach that played out a 100% negative thingIf you are to make money through NFTs you have to be creative or buy something that alot of heart was put into.If you are creating then you also have a part of branding that is needed.This will help you get something that will be sort after even years to come.As we already know that there are various NFTs and some ate even only digital bit others are attached to an actual product.Initially this gives you full access as an artist or investor to have sort of like royalties that are benefitting only you.
So buy something with value like the case of Jack Dorsey who minted his first ever tweet and he sold it for millions.Athough at times the market crashes but generally that kind of nft will surely sell.
Yes there are alot of factors that mostly have to do with branding that one has to highly consider before embarking on purchasing nfts.It has to do with minting something that will sell for a fortune.That nft which he sold for $48m is not worth more than $280 , because when a celebrity sells something people but it " not because the product has excessive quality but because its a brand value that's attached on it and when the buyer next tried to sold it max bid was $281 so he lost millions thinking he will be rich this way and got the desired lesson too for being too risky in his approach that played out a 100% negative thing
How can someone create NftsNFTs can make you rich in several ways. You can become rich by creating your own NFTs, buying and flipping existing NFTs, investing in NFTs for long-term profit (building wealth), or by creating your own business and incorporating NFTs into your brand.
You can create nfts by watching first a tutorial on YouTube , you need to have polygon or at-least 0.1 ETH to mint your nfts and then you need to list your nfts on the opensea or open rare marketplace and then you don't have to care about anything but only about promotion and maybe free giveaways of your nfts to generate some sales as well .How can someone create Nfts
NFTs shouldn't be a get rich scheme, but unfortunately that's what they turn out to be. They have utility and their use case will expand in the future I think. Just consider one thing about NFTs: they revolutionized the art business. How? Well, nowadays a digital artist doesn't need an expensive auction house to sell his art. He can do it on his own through platforms like Opensea or Sorare. And can do it from anywhere.Like cryptocurrencies, I don't think NFTs are a get rich scheme, at least for most people. Like cryptocurrencies, the few people who became rich were simply lucky enough to catch the right moment to buy and catch the right moment to sell. We also must remember the here too exists the possibility to lose money cause unfortunate timing.
You can create it on multiple platforms. And it depends on what kind of NFT you want to create and which platform suits you best. You can find a more detailed guide here Create and sell NFTs from anywherePlease give me the name of a page to create NFTs
A good explanation.If you are to make money through NFTs you have to be creative or buy something that alot of heart was put into.If you are creating then you also have a part of branding that is needed.....
So buy something with value like the case of Jack Dorsey who minted his first ever tweet and he sold it for millions.Athough at times the market crashes but generally that kind of nft will surely sell.
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