1. Entrepreneur

How to make money from NFT, here are the conditions!

Lately, NFT or non-fungible tokens attract the attention of the wider community. NFTs are digital assets on the blockchain network representing a variety of unique items, ranging from tangible to intangible.

NFT is a new platform for digital collection media, which can be a means of supporting artists in marketing their work as NFT assets, with a large reward offer. The big reward comes from investors who are willing to pay for the NFT assets.

Previously, the virtual world was shocked by Ghozali, a man from Indonesia who managed to reap billions of rupiah in profits from selling his selfies, which were used as NFT assets.

Are you interested in following in Ghozali's footsteps in profiting from selling NFT? If interested, there are some conditions that must be met to make money selling NFT. Here's the explanation!

Requirements to be able to reap the benefits of NFT (Non-Fungible Token)

Not only with devices such as PCs or cellphones, in an effort to reap the benefits of NFT or non-fungible tokens, you can do the following steps:

  • Create Account on NFT Marketplace

The NFT Marketplace is a place where players buy and sell NFT assets. There are also several NFT marketplaces that you can choose from, including Rarible or Axie Infinity, or the largest in the international market such as OpenSea.

Please note, each NFT marketplace will offer specialization in the types of digital assets that can be sold with NFT. So, players can choose which marketplace is the most appropriate. After that, make sure you already have an account on the marketplace, before starting transactions.

  • Have a Crypto Digital Wallet

After determining which NFT marketplace to use, proceed with linking the digital wallet kripto or cryptocurrency that supports the marketplace. One of the platforms that can be used to create this digital wallet is MetaMask.

Crypto digital wallets are used to exchange official money for crypto money in order to perform NFT transactions. This is done, such as by using the MetaMask wallet as a crypto wallet to be connected to the OpenSea marketplace.

  • Have Unique Works

The most important requirement in selling NFT assets, of course, is to have works that can be used as assets. His work can be anything, for example pictures, videos, photos, and so on.

More or less, the step of selling NFT assets is the same as selling goods in the marketplace in general, such as Tokopedia, Shopee, Lazada etc. The difference is that in terms of transactions, NFT uses crypto currency and is only available in special marketplaces.

  • Upload Works

The final step is to upload digital works that have been made to the NFT marketplace. Provide detailed information regarding asset names, auction deadlines, and cryptocurrencies that can be used to pay. Most importantly, pin rates for the piece.

Once completed, the NFT marketplace will calculate the cost of the ethereum blockchain network or gas fee, while recording the transaction process. As for the network fees, the amount varies, depending on how busy the network is at that time.

Thus, a series of steps in making money from NFT or non-fungible tokens. If interested, please try!

Video: Tutorial on Creating and Selling NFT on Marketplace

https://www.youtube.com/watch?v=E3fEl293srk&t=39s

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