5 ways to make money with NFTs – Liquidifty team shared

Many famous people were involved in NFT activities and started investing in the crypto world: Justin Bieber, Snoop Dogg, Madonna, Paris Hilton, Shawn Mendes. Sp what stops you from starting earning money with NFTs as soon as $25 million worth of NFTs are sold every day. We may predict another big boom in 2022, it could be even bigger than in 2021. Here’s how you can make money on this, according to the team of the popular NFT trading platform and NFT marketplace –  Liquidifty.

1. Play-to-earn

Simply put, play-to-earn games allow players to earn rewards that have real value in the world outside of the game. Whereas in regular games people spend dozens of hours just for the fun of the process (not including streamers and professional eSports players), p2e games offer a much more serious motivation.

It works very simply: what you buy or earn in the game no longer belongs to the developer, but becomes your property. Because each item is unique or rare, these NFT items have real value in the outside world. You can sell NFTs outside of the game, on the real market, for real money.

You can find various p2e games and other gaming projects on various marketplaces. For example, Liquidifty focuses on gaming projects offering a wide variety of opportunities to earn while immersing into the incredible gaming worlds – full of amazing heroes, characters, unique storylines and plots. On Liquidifty you can choose among dozens of games, such as Ftribe Fighters, Drunk Robots, Monster Battle, etc.

2. NFT trading

Another popular way to make money on non-exchangeable tokens. The principle is as simple as in any other trading – buy a token as cheaply as possible and then sell it as expensive as possible.

All trades are promoted on marketplaces. Despite the simplicity of this methodology, the trader must have an analytical mind and be able to research and analyze opportunities and demand, probing the market and the potential customer so as not to get stuck with the tokens purchased for too long.

Start small and don’t put all the eggs in one basket (or collection), since scams and rug pulls are common. Picking a collection that launches on a reliable NFT marketplace, such as Liquidifty or Magic Eden, is one way to avoid scam projects.

3. NFT airdrops

Buying expensive NFTs for resale is not necessary. In order to popularize resources, free token giveaways are quite widespread. In some cases, they will be given away for free, and in other cases, you will have to pay a commission. Most often, you need to subscribe to the resource in social networks or register on the platform. Free cryptocurrency giveaways (not necessarily NFT) are called airdrops.

Naturally, no one guarantees that you will ever be able to sell such a token profitably. Moreover, no one will guarantee that the project that arranged the airdrop will ever work. After all, free token giveaways are often used even before the launch to draw the community’s attention to crypto startups. The more interest an NFT token or project generates, the more likely it is to grow in value.

NFT marketplaces themselves also organize airdrops. For example, Liquidifty regularly drops NFTs of popular projects like CryptoBlades and Animalia to the holders of its Launchpad passes.

As long as you know how to sell an NFT artwork on Liquidifty, OpenSea, or another platform, all you’ll need to do after the airdrop is to list the collectible you’re received for sale.

4. Staking

For those who are not uniquely skilled as merchants and have doubts about their ability to sell anything, there is a passive method of making money – steaking. It consists of investing in a valuable NFT and using it as an object to deposit.

For the blockchain platform, this ensures that it works, and for investors, they get a well-deserved percentage from the use of their deposits. To invest your NFTs profitably, you must also research the market, consider blockchain platform offerings, and take a risk. The reward for doing so will be passive income. NFTs will not lie dead weight, but will methodically bring money to their owner.

Each of the ways considered allows you to earn good money from NFT pictures. There is work for digital artists, analysts, investors, traders and even gamers in this field.

5. Create your own NFTs

The essence of earnings – you put the work on the marketplace, it is assigned NFT. If they buy it for cryptocurrency, withdraw the crypto in regular money.

What you need to make money: a digital file, which can be put up for sale. It can be a picture, photo, video, animation, text, e-book, music, or any digital file.

The work must be created by you and be unique. You can’t just take a picture from the Internet and pass it off as your own creation. Even if it is a graphic processing of someone else’s image – it must be your processing.

You can sell NFT in one or several copies. In the second case, the cost per NFT will be lower.

Liquidifty is setting new standards for the NFT gaming market

Liquidifty offers a winning combination of a marketplace, launchpad, and art community. The platform has hosted several successful IDOs, including Drunk Robots, Chain of Legends, and CanaBoyz. 

On Liquidifty you can participate in airdrops of the projects which is an opportunity to get NFT and start earning money – as we have already mentioned above. You just need to hold a Launchpad pass  (Gas, Solid, or Liquid) and participate in activities of the most promising projects. 

If you are just a beginner, Liquidifty is a perfect marketplace for you. Even if you don’t know how to buy and sell NFTs yet, you’ll learn very fast. To start earning on Liquidifty you will just have to connect your MetaMask wallet and choose BSC (Binance Smart Chain). Pick an NFT you like and click on Buy Now – then confirm the purchase in MetaMask.

Don’t forget that you might need some project’s native tokens to buy its NFTs: for example, Drunk Robots are sold for $METAL tokens. Other NFTs can be bought with BNB, which you’ll also need to pay the gas fees on the BSC blockchain. 

Gaming NFTs are much cheaper than artworks like Crypto Punks, Bored Apes, etc, so they are the ideal choice for a first-time buyer. However, BSC is the blockchain hub of gaming, so beginners would rather focus on BSC-based NFT marketplaces. Out of all these, Liquidifty is the one with the best airdrop program and some of the most impressive collections. 

If you’ve been waiting for a moment to enter the market, now could be the good time to study the main ways to make money with NFTs and start experimenting.