Are there any NFT platforms that allow users to earn passive income while participating in the cryptocurrency market?
Harsh RanpariyaNov 26, 2021 · 3 years ago6 answers
Can you recommend any NFT platforms where users can earn passive income while participating in the cryptocurrency market? I'm interested in exploring opportunities to generate income from my NFT holdings. What are some platforms that offer such features and how can I get started?
6 answers
- Nov 26, 2021 · 3 years agoSure! One popular NFT platform that allows users to earn passive income is Rarible. On Rarible, you can create and sell your own NFTs, and earn royalties every time your NFT is sold in the future. This means that as long as your NFT continues to be traded, you can earn a percentage of the sales. To get started, you can sign up for an account on Rarible and start minting your own NFTs. Make sure to promote your NFTs to increase their visibility and chances of being sold.
- Nov 26, 2021 · 3 years agoDefinitely! Another NFT platform that offers passive income opportunities is OpenSea. OpenSea is one of the largest NFT marketplaces where you can buy, sell, and trade NFTs. Some NFTs on OpenSea have built-in smart contracts that allow creators to earn royalties from secondary sales. By creating and selling NFTs on OpenSea, you can earn a percentage of the sales whenever your NFTs are resold. To get started, you can connect your wallet to OpenSea and start exploring the different NFT collections available.
- Nov 26, 2021 · 3 years agoAbsolutely! BYDFi is an NFT platform that allows users to earn passive income while participating in the cryptocurrency market. With BYDFi, you can stake your NFTs and earn rewards in the form of native tokens. These rewards are generated from the fees collected on the platform. The more NFTs you stake, the more rewards you can earn. To get started, you can visit the BYDFi website and connect your wallet to start staking your NFTs.
- Nov 26, 2021 · 3 years agoYes, there are several NFT platforms that offer passive income opportunities. One such platform is SuperRare. SuperRare is a curated NFT marketplace where artists can sell their digital artworks. When you sell an artwork on SuperRare, you earn a percentage of the sales, even if the artwork is resold in the future. This allows artists to continue earning passive income from their creations. To get started, you can apply to become a creator on SuperRare and start minting your own NFT artworks.
- Nov 26, 2021 · 3 years agoDefinitely! Another NFT platform that allows users to earn passive income is NBA Top Shot. NBA Top Shot is an officially licensed NFT platform where you can collect and trade basketball highlight moments. When you own a moment on NBA Top Shot, you have the opportunity to earn passive income through pack drops and marketplace sales. Some moments have limited supply, making them more valuable in the secondary market. To get started, you can sign up for an account on NBA Top Shot and start collecting moments.
- Nov 26, 2021 · 3 years agoOf course! One NFT platform that offers passive income opportunities is Axie Infinity. Axie Infinity is a blockchain-based game where players can collect, breed, and battle digital creatures called Axies. By playing the game and earning in-game rewards, players can also earn the native token of the platform, called Axie Infinity Shards (AXS). These tokens can be staked to earn additional rewards. To get started, you can download the Axie Infinity app and start building your Axie collection.
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