Do you know that a photo was sold through NFT for 532 million dollars, A picture of a monkey sold for $2.7 million? Apart from this, the CEO of Twitter also sold his 1st tweet through NFT for million of dollars.
NFT (Non-Fungible Token) is becoming quite popular in recent times. But how can non-fungible tokens benefit students? If you are not already aware of non-fungible tokens, then for your information let me tell you that a non-fungible token is a non-exchangeable unit of data stored on a blockchain.
NFT can be made by any person and can also be sold. To make and sell NFT, it is very important for you to know about NFT. To know in detail about what is NFT, you can read our second article.
How NFT Can Be A Better Option For Students
A student has a lot of art, using which students can easily create any unique thing. And by giving a digital form to that thing, you can make it NFT. Unique things cost a lot. The better the design or idea of the students, the more money the students can earn.
It is very important for a student to make some extra income along with studies. Because a student gets to learn a lot from this. Making and selling NFTs is not very difficult. You can easily create NFT artwork through your smartphone or computer.
You can use any photo editing app to create NFT artwork. You will find many marketplaces to buy and sell NFTs. The meaning of NFT Marketplaces is an online website where only NFTs are sold and bought.
Can A Student Become Really Successful By Making NFT?
Yes. A student can easily earn money by making or selling NFTs. Because in NFT marketplaces the price of a valuable product is always high and people also like to buy unique products.
By using NFT, a student can earn a lot of money in a short period of time. Apart from this, by selling an NFT, you can always get royalty from it. Due to this, you will get a 2 – 5% commission every time your product is sold.