Today, more and more people are looking for ways to make money online without being eBay sellers, freelancers, or having full-time jobs.
NFT blogging is a great way to make money online without being a stay-at-home workaholic. If you have a passion for technology, gaming, fashion, or any niche. And love to share your knowledge with others, you can make money with NFT blogging. However, the condition is, that you either need to be a workaholic or get isolated from the rest of the world to get this done. Because learning NFTs and everything in and around; and executing the tasks is not gonna let you sleep or rest for at least 3 months, mate!
Working as an NFT blogger will allow you to earn money from your passion while working on an online platform that caters to your niche. For your aid, We’ve listed everything you need to know on how to make money with an NFT blog, from choosing the right niche to monetization strategies. Learn more about NFT blogging and how you can become a successful NFT blogger.
NFT stands for Non-Fungible Tokens. NFTs are blockchain-backed tokens that represent ownership of an asset or property. You can think of them as unique digital fingerprints representing tangible or intangible assets such as art, music, video, or an ebook.
NFTs are the hot new thing in art because they allow artists to sell their art in a completely decentralized manner. They can do this by selling their art directly to fans while also owning full rights to the artwork they sell.
You might be thinking: “If I can sell my work directly to fans, why would I want to do it through a blog?” Well, there are several benefits to this approach:
- You’ll be able to get paid directly from your audience without sharing a percentage of the proceeds with a third party (like an e-commerce platform). In addition, you’ll have full control over who can buy your work and what price they pay for it!
- You can create unique content for your blog without having to outsource it. You can write the entire article yourself and publish it on your blog. This means that no one else will be able to use the same content or ideas that you are creating.
- If you have a blog that focuses on blogging, you can sell your knowledge to other bloggers. You can offer tips and advice on how they can improve their blogs. Other bloggers will appreciate your tips and advice because they will find it useful for their blogs.
* How To Make Money With NFT Blogging?
Posting NFTs in a blog and selling them later at a higher price, or selling them to a bidder at an auction, is called NFT blogging. The idea behind this particular method of earning money with NFTs is that you can create something popular or valuable that people would be willing to pay for if they could own it.
Make your blog an NFT News Site within your Niche.
Or at least an NFT-friendly blog within the niche.
For instance, you’re already running a fashion niche blog. Consider widening its scope just by adding one more category of ‘NFT Fashion‘. Here you can write everything about Fashion NFTs available in the marketplace. Even you can plan to create your own NFT and promote it safely on your blog and YouTube channels. Utilizing social media for building up community won’t regret you.
If you don’t want to create your own NFT, that is still fine.
The sensible decision would be to promote your favorite NFTs. Keep the Advertising and Display Ads options open for NFT creators and collectors.
More NFT creators and collectors within the fashion industry would love to promote their NFTs on your blog.
This is what going to get your blog more attention making you reach your goal faster. An initiation of earning from this category in 3 months would just be amazing.
The first way to make money with NFTs is to invest in businesses taking advantage of this new technology. Because they haven’t been around long, there aren’t many publicly traded companies with direct exposure to the NFT market. However, plenty of startups are out there, and some will surely go public in the next several years.
This new industry has some serious venture capital backing, which means money is being put into the best ideas right now. You won’t be able to invest in these startups directly — after all, they’re private companies — but you can invest in venture capital companies like Andreessen Horowitz, a major funder of blockchain-related projects.
The concept of selling unique digital content is still new, but the potential for making money is very real. This includes creating and selling NFTs, anything from artwork and music to photo series and poems.
Of course, you need to have skills in a creative field to make this work. If you can’t draw or don’t have a good singing voice, you won’t be able to earn any money. But if you do already have these skills, it may help you turn your hobby into a source of passive income or even a full-time job.
A new trend gaining traction in the NFT space is the concept of combining games with NFTs. Rather than simply owning a piece of digital art, this allows users to own a piece of the game itself. The most notable example is Gods Unchained, a Hearthstone-style collectible card game that allows users to trade and sell cards. This has incentivized players and collectors to invest heavily in the game, searching for rare and powerful cards, many of which have sold for thousands of dollars on secondary marketplaces.
The first method is to trade NFTs on OpenSea or Rarible. You can buy and sell NFTs on these platforms, just like stocks or Bitcoin.
You can always create your blog where you explain how to trade NFTs and provide some tips on what kind of content to buy, which projects are worth investing in, and where you can find them. By creating content around this topic, you will be able to attract more people to the platform where you trade your NFTs and make some money off commissions or ads. If done right, this could become a passive income source for you!
The concept of staking applies well to NFTs, as they can represent several things. Owning an NFT can mean owning a stake in a project that owns an identity on the internet. A good example of this is Bored Genius’ limited edition “Giant Lazy Cat” meme, which sold for $600,000 and came with a stake in his blog. On top of staking your own NFT, you can also buy other people’s tokens and stake them!
Some people like to bet on their favorite teams by buying tokens representing their team and selling them once the game is over. You could do this for any sport or even your favorite player on a team! You could also buy tokens representing your favorite esports players and sell them when they win a tournament!
You may decide to create one-off posts or videos that generate royalties every time they are viewed or downloaded. This is an excellent way to earn passive income from your NFTs because you won’t have to do any work after uploading the content. You can set up a smart contract that pays royalties each time someone downloads a piece of your content. This will help ensure that you are fairly compensated for your work.
Generally, it is fairly straightforward to rent out most types of NFTs. The first step is to find a marketplace that allows this sort of activity – many do not. Once you have found a suitable site, list the NFT(s) you want to rent out and set the price and duration. Some sites will take care of all other aspects, making things much easier.
The most common NFTs to rent out are digital collectibles such as digital baseball cards or art pieces. This makes sense because they cost relatively little (in comparison with digital land and property) yet can still fetch a nice rental fee.
Selling your NFT in an NFT marketplace
You can choose to sell your NFTs on the decentralized marketplaces that support them. You can create or choose from various themes and templates to create your work. Then you need to upload it along with a description of the work.
Many of these marketplaces allow you to create two versions of your asset, one for collecting and another for trading. These two versions differ based on how you want people to use your work. The collectible version doesn’t have any rights or privileges but is just for display purposes. On the other hand, the one meant for trading comes with all the rights and privileges associated with it.
There are a lot of NFTs to choose from, but we’d recommend that you choose one that has a large community and is already established. This will help mitigate your risk. Here are some of the best NFTs that you can invest in right now:
Axies, or “Battle Pets,” are a collection of cute collectibles that can be bought and sold within a game. This is another big one: The official Axie Infinity Discord reports that over $500 million has been invested into this project so far.
Another popular NFT is The Galactic Gang, a collectible card game where players try to gather up gangsters and weapons to complete missions and earn rewards. This was built upon Ethereum’s Uniswap platform, making it easier for users to buy and sell these cards for cryptocurrency.
Autograph.io is an NFT platform that allows people to create digital signatures of their designs and attach them with cryptocurrency transactions. This type of technology could be used by artists, musicians, or anyone else who wants to put their stamp on something they share online.
Doodles is a digital collectible inspired by Jean-Michel Basquiat’s works. The project consists of 21 digital NFTs created by different visual artists. Each NFT represents a piece of art that can be viewed on the Ethereum blockchain and is available for purchase.
Decentraland is a digital world that runs on the Ethereum blockchain. Users can buy virtual real estate and create their worlds in a shared 3D space. Ownership of the land is recorded on the Ethereum blockchain, making it a non-fungible property.
Pugdy Penguins are collectible NFTs inspired by CryptoKitties, a popular collectible game on the blockchain. Players buy pudgy penguins for 1 to 2 ETH each and breed them to create offspring, after which they can then sell them for profit.
CryptoPunks are another popular collectible NFT game that was launched in 2017. There are only 10,000 CryptoPunks available, and they are unique in their appearance and characteristics. Players can trade and sell their CryptoPunks on various online marketplaces like OpenSea.