How To Make Money With NFTs

in nft •  3 years ago 

You can invest in NFTs by buying them and selling them at a profit. Pablo Rodriguez-Fraile, a Miami-based art collector, flipped a Beeple digital art piece almost 1,000 times its initial price in less than 6 months! However, not all NFTs are created equal. Some are worth millions, while some are basically worthless. As a collector, you need to look at a piece with a critical eye for the prospects of making money in a future resale.We’re living in fun times where you can play to earn. Blockchain-based games allow you to purchase in-game items as NFTs and trade them. Already, they’re some highly valued collectibles in the market today such as in the game CryptoKitties. A single crypto kitty has fetched more than $300,000. More games are recently launching with more affordable NFTs. Some are even giving out their collectibles for free for its first couple of players.

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