NFTs to Earn: Promising Projects During the Bear Market | HackerNoon

  • 📰 hackernoon
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

'NFTs to Earn: Promising Projects During the Bear Market' blockchain tatum_io

With new NFT collections on the way, let’s find out about the passive income model for this type of crypto asset. Is it limited toGenerating passive income from NFTs is already not just an idea but a reality of many projects. The first-ever token with a passive income model was launched in 2021 by CyberKongz and sold out in a blink of an eye. From that moment on and for 10 years, holders of these NFTs earn some tokens each day.

Cybee also rewards those who invite others. For each three mints from an invite link, one can get a free token. A new collection brought to coin lovers by Big Monkeys also leverages the idea of revenue sharing and has plenty of perks prepared for holders. But possible profits don’t end up there: besides sharing the collective income, NFT projects can prepare play-to-earn games to help holders earn some more while playing.First of all, how does this type of gaming work? Play-to-earn games are based on blockchain and usually require users to buy a token to participate. Gamers can get an individual avatar based on the token they possess and gain more tokens while playing—by retaining or exchanging them.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ethjets is the first to provide true IRL utility with their NFT, heck you can even earn $ETH for promoting the project during the bear market. Minting on July 11, don’t miss out on the limited collection of 2700 passes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 532. in BUSİNESS

Business Business Latest News, Business Business Headlines