How Do You Make Money Off Of Your NFTs?
Written by Rahsaana Ison
I AM NEW TO THIS SPACE BUT I AM MAKING A NAME FOR MYSELF IN THESE NFT STREETS.
Allow me to briefly introduce myself. I am NFT Queen of the South.
NFT Queen of the South Logo
WHEN I SAY SOUTH I mean New Orleans. I am in no way an expert. I too am learning everyday single day. I am however willing to share what I have learned thus far. No one knows everything about NFTs because NFTs are so new and exciting. NFTs are like a blank canvas and you are able to create whatever you can imagine. I have decided to not only be a consumer but to be a creator in the new world of web3.
I was asked a random question yesterday by text message. It came as a great surprise by someone that I didn’t expect was watching me. The question was “When are you going to show me all about NFT’s?” That is a loaded question that’s so very broad and difficult to answer.
Sigh! Wow! Ok! This is my opportunity to be a problem solver. Problem solvers make money.
I had to ask myself a question. How am I going to answer this without sounding like a smartass? How do I keep them interested in NFT’s? Everyone with a business or a hobby should have an NFT. Ok Queen, don’t mess this up. I must break it down and make it very easy to digest.
NFT’S NON-FUNGIBLE TOKEN
Honestly, here’s where you should start: You must get a basic understanding of crypto as well as the onboarding process. You need to get a virtual wallet. MetaMask is a virtual wallet that stores crypto as well as NFTs on the blockchain. It allows users to access their crypto through a browser extension on the computer or a mobile app. I recommend MetaMask because you own your own keys. Which means you own your own crypto. This means other exchanges can own your crypto. The link is below if you would like to sign up for MetaMask exchange!
I wanted to say It would take months or even years to explain all about NFTs. It’s equivalent to learning another language.
Can I show you how to speak another language in a day?
No, I can not! Ain’t no way!
So, I asked What do you want to know? The response was “How does it work for your benefit?” I supposed the “your” was their benefit.
NOTE: Because I have been doing NFTs for a while I had many creative NFT ideas as for their job as a cook. Honey, believe me, I personally have spent money and many hours a week learning about NFTs. I could have pointed out what they are already doing can be turned into an NFT! I didn’t because this person doesn’t have the drive to get it done. I would have been wasting my breath. NFT’s come from within and has to be something you are willing to dedicate time and some money to see it through. You don’t have to be rich you just have to want it bad enough. You will have to hustle and you will have to grind. Where there is a will. There is a way!
THIS IS NOT A GET RICH QUICK SCHEME
This is not a get-rich-quick scheme it’s also ownership and legacy. I want to make this totally clear. This is just like any other business you have to work it!
Here’s my short answer. You need a business or a hobby.
1) Create an idea around your business or hobby that you will turn into an NFT.
Example: This is Ms. Rose is an NFT. This is Comedy NFT. Laugh, Learn, Earn. It’s also edutainment which means it’s educational and Entertaining.
2) Build a following on the web3 social media platforms. You must also build trust and brand awareness. This is not an easy task but it can be done with a little creativity.
Example: Discord, Youtube, Twitter, and Medium just to name a few.
3) Promote and sell your NFTs to others. The others resell the NFT to someone else and you both make a profit. As a creator, you will still own a portion of your NFT. Every time it’s sold you get paid a royalty to keep or to be passed down for generations. You will be immortal and you are actually leaving a legacy.
LAUGH, LEARN, EARN
Please follow my pages:
https://twitter.com/ThisisMsRose1
https://www.linkedin.com/in/this-is-ms-rose-096038234/
https://www.facebook.com/search/top?q=this%20is%20ms.%20rose
https://www.instagram.com/this_is_ms_rose/
If you need help with your NFT idea and Management come over to Digital Art Management Network and we will help you do the DAMN Thing!
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