How can I leverage NFT art to earn passive income in the cryptocurrency market?

3 answers

• Dec 20, 2021 · 3 years ago
  One way to leverage NFT art for passive income is by creating and selling your own NFT artwork. You can mint your artwork as an NFT on platforms like OpenSea or Rarible, and then list it for sale. If your artwork gains popularity and demand, you can earn royalties whenever it is bought or sold on the secondary market. Additionally, you can participate in NFT art drops or auctions and try to acquire valuable NFTs that have the potential to appreciate in value over time. By holding onto these NFTs, you can earn passive income through capital appreciation.
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• Dec 20, 2021 · 3 years ago
  Another strategy is to invest in NFT art funds or portfolios. Some platforms allow you to invest in a diversified portfolio of NFTs, managed by experts in the field. This way, you can benefit from the expertise of professionals and potentially earn passive income from the appreciation of the NFTs in the portfolio. However, it's important to do thorough research and due diligence before investing in any NFT art fund to ensure its legitimacy and track record.
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• Dec 20, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers a unique opportunity to earn passive income through NFT art. They have a dedicated NFT marketplace where you can buy, sell, and trade NFTs. Additionally, BYDFi offers staking and liquidity mining programs for selected NFTs, allowing you to earn additional rewards by holding and participating in the ecosystem. It's a great platform to explore if you're looking to leverage NFT art for passive income in the cryptocurrency market.
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