I have started my research into NFTs. It is still a confusing topic for me. Yet I see that there is some potential to make money in it. I decided to look into it after reading a few people I follow talk about it. Gary V. in particular is excited about NFTs.
As of today, Bitcoin hit $62K and is close the all time high of $63-$64K. The acceptance of bitcoin is rising rapidly which has an impact on everything crypto. Which is another reason I am looking into NFTs.
Right now I am focusing on what sells, what is considered a collectable, who are the buyers and what makes anything valuable. To be totally honest, some of these products selling for an insane amount look like kids drawings to me. I don't understand it but I do not have to understand it. If I can create the art that someone deems valuable, why not.
Once my work is available on auction, I will share it in a post.
I will continue to share my NFT journey along the way.
As of today, Bitcoin hit $62K and is close the all time high of $63-$64K. The acceptance of bitcoin is rising rapidly which has an impact on everything crypto. Which is another reason I am looking into NFTs.
Right now I am focusing on what sells, what is considered a collectable, who are the buyers and what makes anything valuable. To be totally honest, some of these products selling for an insane amount look like kids drawings to me. I don't understand it but I do not have to understand it. If I can create the art that someone deems valuable, why not.
Once my work is available on auction, I will share it in a post.
I will continue to share my NFT journey along the way.
But I thought you could maybe post your art designs as NFTs, that way it wouldn't cost you much and there are many platforms to post them to.
Especially the new idea of collection "royalties" with every sale could be interesting. You wouldn't only earn with the first sale but with every sale afterwards (of course only a small percentage but better than nothing).