{"id":328,"date":"2022-02-22T20:07:00","date_gmt":"2022-02-23T02:07:00","guid":{"rendered":"https:\/\/flolio.com\/resources\/?p=328"},"modified":"2022-11-23T12:30:55","modified_gmt":"2022-11-23T18:30:55","slug":"how-to-monetize-your-nfts","status":"publish","type":"post","link":"https:\/\/flolio.com\/resources\/how-to-monetize-your-nfts","title":{"rendered":"How To Monetize Your NFTs"},"content":{"rendered":"\n

 If you have been paying even the slightest bit of attention to the digital world then you know that many creators have been making money with NFTs or non-fungible tokens.  A 36-year-old photographer made over $100k, a digital artist made $274k and everyone is aware of Beeple’s NFT \u201cEverydays: The First 5000 Days\u201d selling for over $69 million.<\/p>\n\n\n\n

Although numbers this extravagant isn’t common for the average creator, it’s still enough to drive curiosity. But, before you dive into making money with NFTs, you have to understand how they work.<\/p>\n\n\n\n

Each NFT is tied to a digital asset of the original owner and can be traced back using blockchain technology. NFTs are immutable creating scarcity which is what makes them valuable. People can use their current skills to make more money with just a little bit of research and understanding of the market.<\/p>\n\n\n\n

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Table of Contents<\/p>\n