How to Make Money From NFT By Playing Play2Earn Games

There are a lot of interesting ways to benefit from cryptocurrencies. For example, you can start playing play to earn games and earn NFT or crypto tokens, you can either hold NFT and crypto tokens for a longer period to earn more profits or sell them to earn instantly from the games you play.

I believe if you are not creating and selling NFT yet, you are making a big mistake as in the last 2 years NFT has evolved as one of the biggest moneymakers in the cryptocurrency market. Creating an NFT is of course as simple as uploading a photograph, video, or art into the NFT marketplace and minting the media as NFT. However, in this process you will have to know two important things, one, you need to pay gas fees to mint an NFT, two, just because you have listed an NFT on an NFT marketplace for sale, it is not going to sell like hotcakes. This is something like creating a service on Fiverr and waiting for someone to buy the service. I have registered on opensea, when I was trying to mint my photograph as an NFT, I was asked to pay $200 worth ETH as gas fees. Do you think people are willing to pay this kind of amount on something that does not have a guarantee to sell? I know about Solsea, an NFT marketplace on Solana. Minting NFT on this platform might be cheaper than Opensea, but the question is whether there are as many buyers as in opensea.

Earning Metaverse Tokens and NFT From Decentraland

Do you know Decentraland and its virtual currency MANA? Do you know that MANA is the number one metaverse token according to the coin market cap? Do you realize that MANA is a profitable investment? You can sure earn MANA if you start using Decentraland, however, you need to buy MANA before you can start earning MANA on Decentraland. There are many ways to profit on Decentraland and buying LAND lot is one of them. YOu need MANA to buy LAND lots and you can sell your LAND lots for a higher price later on. You can earn MANA by working for others or creating items yourself. Decentraland surely us a wonderful world where you can simulate real-life activities like buying, selling, trading, creating items, etc., and earn money just like in the real world. That's the reason why Decentraland is called metaverse (which is literally translated as the virtual universe). You earn real money by working in the real world, you earn virtual currency called meta tokens by working in the Decentraland metaverse, this virtual currency can be easily converted into real-life money. IN order to benefit from Decentraland you should be spending a lot of time in the metaverse.

Earning Metaverse Tokens and NFT By Playing Axie Infinity

I have heard of people becoming millionaires by playing Axie Infinity, however, I am not sure if everyone can actually earn money by playing Axie Infinity, if not becoming a millionaire. Before you can play Axie Infinity, You will have to buy Axies, which is an NFT that will allow you to do in-game activities. The average price of Axies is $200, Well, that is a lot of money to be invested in a game. I am not sure if people are actually interested in spending $200 to buy Axie so that they can start playing Axie Infinity. Just because you have Axie does not mean you start earning on Axie Infinity, you will have to be really good at the game to make your Axies work for you. You will have to battle, breed, and create Axies to earn more Axies and you will earn when you sell your Axies. I am also not very sure if selling Axies is easy. Before you try Axie Infinity, make sure you do a lot of research on this game. Just because some people have become very rich by playing this game does not mean you will also earn a lot of money from Axie Infinity.

First published on Trendri, in author's name