5 Very Simple Steps To Make Your NFT Profitable

You have successfully created an NFT. But how does it now become the desired object?

Guenter Ederegger
Coinmonks
Published in
5 min readFeb 11, 2022

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Thumbnail made by Günter Ederegger

The success of NFTs could soon be yours. However, after minting your NFTs, it still needs some work. But don’t worry — here’s where to start.

Congratulations! If this article interests you, you’ve probably already turned your creativity into one or more awesome NFTs. Maybe you’ve created an impressive piece of art, a piece of music, or a video game? In any case, you have confidence in your work and know that someone will be interested in the exclusive rights to your work.

But only the most sensational NFTs sell for six figures or more to celebrities and art collectors. And even if you’re sure your work will one day be worth that much, monetizing an NFT, like any successful venture, depends on the balance between inspiration and perseverance. So let’s discuss some of the ways you can make your NFTs a sought-after commodity.

1 ) Create a crypto wallet

Many NFT creators don’t even think about the first and most essential step. It would be best to have a crypto wallet to store your digital money and other assets. Trading NFTs without such a wallet is like being an art dealer without a storage space or even a…

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Coinmonks
Coinmonks

Published in Coinmonks

Coinmonks is a non-profit Crypto Educational Publication.

Guenter Ederegger
Guenter Ederegger

Written by Guenter Ederegger

Head of Service | Working for the Mclaren F1-Team | Fan of Crypto