NFTs are more than about celebration of artwork, they are about revenue generation. The best kind of art evokes emotions; however, the best kind of NFT is one that generates sufficient income. Artists make a statement in each of their artwork. Those who understand the why of the “art work” are willing to pay money for it. Some artists and their work are unique from the rest of the market. They have a kind of impressionism. Some people love the brush work so much that the geometric compositions matter in a great deal to the art lover who is willing to own that art.
In real time, mere “lip-service” about art does not help the artist make money. It is true money and royalty they need to survive. Making money with NFTs is catching up among artists who are trying to extract the best out of their art.
Several investors are also making money with non-fungible tokens without creating their own art. Those who want to start their own NFT business should understand minting of NFTs. They need to also learn how to buy or perhaps create and sell their own NFTs. The best way to begin is to understand the “fundamentals of cryptocurrencies” and the “foundations of NFTs.”
NFTs have turned digital artworks and collectibles in to easily tradeable items on the blockchain. NFTs is the 1 trillion-dollar opportunity that anyone will not want to miss. Those who are still making their living as an artist should manage to do well with it.
Though there are lot of criticisms around NFTs, those who believe that this is a huge opportunity should get to understand the nitty gritty information about how to turn your digital art pieces in to NFTs and to sell them to make big money fast. This is possible for even those who are not artists and these ideas have already generated several thousands of dollars.
Those who have made money know that NFTs are capable of lucrative money.
The 10 most expensive NFTs ever sold are: 1. The Merge — $91.8M; 2. The First 5000 Days; 3. Beeple, Human One — $29.98M; 4. Larva Labs, CryptoPunk #7523 — $11.75M 5. Larva Labs, CryptoPunk #3100 — $7.58M; 6. Xcopy: Right-Click and Save As Guy — 7.09M; 7. Art Blocks, Ringers #109 — $6.93M. 8. Beeple, Crossroad — $6.6M. 9. This Changed Everything — $5.4M. 10. Save Thousands of Lives — $4.5.
The good news is that anything could be tokenized and converted to NFTs.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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