We are currently in an age of exploring tons of markets to make money. One of the most popular is cryptocurrency.
Whether it’s for trading crypto or owning NFT’s, consumers all over the world are making a ton of profit doing crypto. And why is that so?
Well, maybe because crypto is easy to access, all you need is a crypto wallet like MetaMask and a trading app like Binance and you’re all set.
But don’t get it wrong, crypto is not an easy task. There is a lot to learn before you will become successful in this sector.
We are going to talk about a certain topic in crypto, which is NFTs. What are NFTs?
Just so we are clear…
You probably discovered NFT for the same reason you might have come across any other financial newsletter, crypto trading service, or investment program:
Because you want more money in less time.
And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).
This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.
The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.
But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.
Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.
Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.
But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.
That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.
But what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Constantly monitoring your phone for buy/sell alerts
- Obsessively watching charts and movement
- The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
- Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?
If that sounds like something you’d be interested in, check out Digital Leasing.
However, if you’d still like to know more about NFT, keep reading.
What Is An NFT?
Non-fungible tokens, or NFTs, have lately gained popularity. This isn’t surprising, especially when you hear stories of artists earning tens of millions of dollars on a single NFT.
NFTs are digital assets having a unique identity that are stored and validated on a blockchain (a digital ledger).
Each NFT is non-fungible, which implies it cannot be easily exchanged for a similar asset. Common NFT elements include images, video, audio, GIFs, personalized content, and digital art items.
Because only one version of the assets is generated, NFT value is very profitable.
To put it another way, an NFT can only have one owner at a time, and no one can change its property or create the same NFT on the blockchain at the same time.
For this limitation, NFT creators/owners may establish their own price for their goods. Looking at the market, NFTs have grown so much over the last year.
According to DappRadar, trading in NFTs grew from $100 million in 2020 to an astounding $22 billion in 2021. The total value of the top 100 NFTs is a stunning $16.7 billion. But what exactly is an NFT, and how does one go about creating one?
The concept may be tough to understand. But don’t worry; we’ll walk you through all of the foundations and processes involved in creating your own NFT.
How Do NFTs Work?
It is necessary to use cryptography in order to create tokens for NFTs. In the crypto market, this process of manufacturing tokens is known as minting. To mint NFTs, you must typically pay for the establishment of smart contracts using Bitcoin.
To store information safely and openly, blockchain uses smart contracts. Previously, NFTs solely used the Ethereum Blockchain, but nowadays, they are converting to other blockchains such as Solana. Whereas these rules control NFT ownership and transferability.
Who Can Create An NFT?
An NFT may be created by anybody with a little amount of money. Unlocked content may be attached to your files using NFT platforms available today.
You may mint your own NFTs, whether you’re an artist, musician, collector, entrepreneur, or corporation, using the easy minting tools available on NFT market.
How To Create & Mint An NFT
How do you create an NFT? To get started, let’s go through the basics. Do not think that this is the end-all, be-all manual for the subject matter at hand.
Depending on the tools you have, there are a variety of ways to do this. Therefore these guidelines are only a starting point.
1. Determine The Kind Of NFT You Wish To Create.
Creating an NFT begins here. Because NFTs are so adaptable, you have a wide range of options when it comes to designing your own. We have everything from artwork to event tickets to memes to video games and digital things like these.
To build an NFT, you may use real-world things like expensive collector figurines or a celebrity-signed photograph.
The most common file formats include JPG, PNG, MP4, MOV, and a host of others. You don’t need a developer if you want to make NFTs.
For more complex NFTs, such as games or smart contracts (selling conditions), you may require the help of an experienced developer. When building your first NFT, think about how you can provide value to your audience.
If you already have a business, you may want to think about creating a customer loyalty card or a unique promotional code. You may also hire a professional artist to create something unique for you.
2. Select An NFT Marketplace
When determining where to mint your piece, you may choose from a variety of NFT marketplaces. Do your research on the various NFT markets before making a decision. Each one has pros and downsides for vendors.
The most popular are OpenSea, Rarible, and SolSea. New producers may easily get started with NFTs thanks to these platforms. OpenSea and Rarible allow for “lazy minting” and other “shortcuts,” such as verifying or publishing your NFT to the blockchain.
By advertising your NFT sale but not publishing it to the blockchain, lazy minting allows you to preserve money, which you can then pass on to your customer if it is purchased. One of the most critical considerations for newcomers is the cost of “gas,” as it is often referred to.
Each marketplace has its own fees for minting and selling NFTs. When it comes to OpenSea, for example, there is a fixed price.
3. Create A Cryptocurrency Wallet.
Your coins and NFTs will be stored in a digital wallet, which you’ll create in the following step. In order to mint NFT, you’ll need a wallet that can work with the blockchain and the NFT marketplace you’ve chosen.
Most NFT producers utilize the MetaMask browser extension wallet, despite the fact that alternative crypto wallets exist. Ethereum and the Binance Smart Chain, two popular blockchains for creating and trading NFTs, are both supported by this wallet.
Other well-known wallets include Enjin, AlphaWallet, and TrustWallet. It’s important to remember that while most NFT wallets are browser-based, their security is only as good as the security of the browser itself.
We recommend getting a hardware wallet, such as the Ledger Nano X, for maximum security. Hardware wallets protect your private keys and may be used to store various currencies and non-fungible tokens (NFTs) on blockchains, such as Bitcoin.
4. Purchase Cryptocurrency Using An Exchange.
To pay for the gas required to mint your NFTs, you’ll need to first create a cryptocurrency wallet. Open an account with a reputable exchange like coinbase wallet, Binance, Kraken, or Crypto.com to get started.
The process is simple and may be completed on a smartphone. It is possible to buy cryptocurrency using the account that you have just set up.
In order to create NFTs, you first need to acquire Ethereum (ETH) or Solana (SOL) tokens. The next step is to transfer your funds to the wallet you generated earlier.
5. Link Your Wallet To The NFT Platform And Start NFT Minting.
To create your digital asset, you’ll need to connect your NFT wallet to the NFT platform after you’ve added funds to it. Using Rarible as an example, we’ll guide you through the process. Connect your wallet by going to Rarible.com and selecting “Connect wallet.”
Provide Rarible with access to your digital wallet (such as MetaMask). Accept the platform’s terms of service and verify your age by clicking the “Connect” button. Rarible’s site has a blue “Create” button in the top right corner.
If you want to resell the same NFT more than once, you may either make a single digital copy of your collection or several copies. Create an NFT from a digital file by submitting it for creation.
After that, you’ll be given the option to sell your NFT file in one of many ways. While the asset is being generated, it is not necessary to sell it. After minting it, you have the option to sell it and set a minimum price for it while in a timed auction.
The options for are as follows: an entire high-resolution version of your NFT, a secret download link or website with unlocked features. Assign the NFT collection Rarible to this project’s codename.
Specify the name and description of your NFT artwork in the fields. Set the percentage of secondary sales royalties you’d want to receive. Set your file’s properties, such as color and pixel size, before you begin working on it.
Select “Create Item” from the menu. To sell NFTs, you must accept the transaction in your cryptocurrency wallet and pay the associated costs. Click Confirm > Upload file and Mint token to complete the process.
Verify that your wallet has contracts integrated (a small gas fee will be charged for creating the smart contract). Sign a sell order in your wallet by clicking “Sign if you wish to sell an NFT”.
That’s all there is to it. Your NFTs have been created. Visit My Items in your profile to locate the freshly created NFT. All of your NFT data will be displayed on the screen for you to see.
Your Own NFTs Are Closer Than You Think
Initially, NFTs may seem too complicated or difficult to get into. It is, however, more possible than it seems, given some lengthy research, effort, and imagination. And who knows, maybe if you play your cards well, you’ll be a member of the million-dollar NFT club owners one day!
Is NFT A Scam?
So, is NFT a scam? Not technically. You can make money with it, but it’s definitely not as easy as NFT owners makes it sound.
Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.
Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.
Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.
They don’t tell you about the 10 100% losers that came before.
In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.
Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.
What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Leasing.
It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.
Are There Alternatives To NFT?
Yes, there are plenty of other business models to choose from if you want to pursue making money online. Here are just a few:
What Is My Top Recommendation In Making Money Online In 2024?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Leasing is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
Why?
1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.
Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.
With Digital Leasing, you own the assets, which means you have all the power and all the control.
3. Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
1. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit).
Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades.
And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
2. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.
But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like NFT which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality.
At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.
