Selling NFTs to make passive income

[nomad]

You can make money by selling NFTs. Interestingly, you can also earn passive income from NFTs as every time it gets resold, you earn some royalty as a creator of the NFT. It takes time to create NFT art, but you can try creating a collection which is just a little bit of additional work but you can sell every piece as a new NFT.

 

[kirubel]

When i hear about NFT i was so exited to create and sell them and make some profit, but after i try to learn how to create and develop NFT arts, i relise that its beyond my knowledge and capability, the editing the gas fee and the advertisement was to expensive for me.

 

[Rubz]

I have heard around that one can earn passive income by selling NFTs but i really do not know how much profit it may yield or even how it works.

 

[nomad]

Creating and selling NFTs as a passive income requires some investment. You will have to pay for minting your NFTs. Ethereum is the most popular blockchain for NFTs but the gas prices are pretty high.

 

[eldavis]

Yes that's true, back then I wanted to try creating and selling of NFT, back then NFT was still pretty much popular. When I got to the minting part, that's when I discover that it was not free.

 

[Stardom22]

The venture for the selling of the non fungible tokens have taken the lead some some couple of years ago. The business is deemed so profitable as the prices go with that of the bitcoin.

 

[nomad]

If you manage to sell just one NFT, you might be able to pay your bills for entire month at minimum. If you can pull better price, an NFT collections will bring you immense wealth.

 

[Mr Vector]

I don't see this as passive income because it is not something that will be regular. A friend of mine introduced me to it but for more than 4 months now, he never earn from it.

 

[nomad]

I don't see this as passive income because it is not something that will be regular. A friend of mine introduced me to it but for more than 4 months now, he never earn from it.

Just because your friend or you did not earn does not mean this is not a method of passive income. Your personal experience does not count when determining whether it is passive income or not.

 

[bestwriter]

I have neglected this area badly. I did create an NFT and that's it. I must get back there and see what's up with my NFT. Thank you for reminding us users.

 

[nomad]

Even though selling NFT can be difficult, if you manage to sell even one NFT, you can make it big.

 

[freelancermaria]

I heard some people are earning a decent amount of money from NFTs. I have never done it before since I do not know how it works.

 

[nomad]

I heard some people are earning a decent amount of money from NFTs. I have never done it before since I do not know how it works.

If you have a digital art or a photogtaph, you can use your media to mint NFT through platforms like Opensea. YOu need to spend some ETH to mint NFT, though.