Some people may wonder how to use NFT art, so I will introduce and explain how to use it after purchasing it in this article. It can be said that this is a market that has received a lot of attention in recent years. This is because this market is an industry that is growing quite rapidly in the 2020s. However, what do you do after purchasing NFT art? There are many people who are interested.
What do you do with NFT art?
NFT art is a hot topic. But what do you do with NFT art? This raises a question. Even if you buy NFT art, many people don’t know how to use it. However, there are many ways to use it, as listed below. By preparing yourself and gaining knowledge, you can find various uses. If necessary, you can sell NFTs by reselling them and earn money from the commission, or you can hold them and enjoy them as a hobby. There are many ways to use them, so you can increase the amount. NFTs are popular because you can make money by selling them for art, games, etc. It’s not over yet.
wallet collection
NFTs are traditionally just digital images, so you can just line them up in your wallet and enjoy them like an album. In other words, the advantage is that you can make it your own collection right away and enjoy it as a hobby. As a step in purchasing, there are new NFTs introduced on social media and communities, and there are people who are selling them completely from there, so there is a lot of information. It is already getting a lot of exposure, so it is becoming popular. If you use the above steps well, you will attract a lot of attention. Even if you are a first-time user, you can install the images you want to choose and use them immediately. It has also been in the news.
SNS icon
Many people also use NFT art as icons on social media. It is especially common to use it as a Twitter icon. Depending on the category, it can be very well received. The trick to making it is to make a design that is easy to use as an avatar or icon like these. It is easy to sell in bulk both domestically and overseas. It is good to keep this in mind when completing the registration. It is advantageous to have a number of them at the end. When preparing, choose a company that is ranked high.
resale
Many people are currently earning income by selling the NFTs they have purchased. Because the NFT population is still small, it is possible to take advantage of the first-mover advantage. Profits are generated when buyers purchase the target artist’s work and distribute it. Digital art is cheap, and the demand for it is growing, making it an attractive content. Your network will expand and opportunities for interaction will increase. In conclusion, collecting multiple pieces will allow you to make various connections.
Smartphone standby screen
Recently, depending on the genre, there are many users both in Japan and overseas who are setting NFT art as the wallpaper of their smartphones. Since you can freely set some of the published images as the standby screen of your smartphone or PC, many people usually do this. NFTs such as pictures and images are now available exclusively for smartphones, and basically you can buy what you like in advance and use it in the system with care. The number of types of paintings is increasing rapidly.
Exhibit in the metaverse space
There is a means of exhibiting in the metaverse space. Metaverse is a three-dimensional world created on the Internet, which is translated as “virtual space.” You can customize the place where you display your art and share it with others. There are opportunities if you promote your gallery in the media. The function is to upload and post the address using tools etc. Once connected, users can choose what to buy or sell.
give away
Giveaway is a project on Twitter where you can win NFTs through a lottery based on following, RT, and likes. In the service, those who receive give priority to those who receive it, and it is a chance to obtain commercially produced NFTs for free, while those who give give them the opportunity to support the project. Although it may be cheap at first, you can expect that the same NFT may be advantageous and sell for a high price if there are special benefits. Start by sending out information and getting people to know about your profile and works.
borrow money
Some people entrust their NFT art to others and borrow money from them. There is a system called NFTfi that allows individuals to borrow virtual currency using NFTs as collateral by presenting conditions and agreeing to them. Advances in blockchain technology have created a variety of uses in Japan starting in 2022. Prices are fluctuating, but management methods are also diversifying, and the number of ways to earn money is increasing. It is now easy to transfer ETH from Coincheck to Metamask.
The future of NFTs
The future of NFT (non-fungible token) is said to be bright or bleak. Cryptocurrency exchanges handle NFTs, and it depends on the value of virtual currencies such as Ethereum and Bitcoin. Creators can only increase their profits by studying digital data and gaining knowledge and experience before buying and selling. Create popular items that are popular with collectors, such as character illustrations. There are already a lot of them on OpenSea, so check them out. Even beginners can view them for free, they are easy to get started with, and the content is easy to understand. Check out the latest works and explanations on the app.
New entry by companies
Companies and celebrities are entering the NFT space one after another. Therefore, while there are still new entrants, the NFT boom is not expected to end yet. As a result, awareness of NFTs is increasing, even among people who had no idea about NFTs before. Famous companies include Facebook and Adidas. Several influencers and bloggers are also exhibiting items and works, and NFTs are becoming more popular among fans. For reference, the market is expanding, and large companies are also entering the market for profit. It’s easy to manage and you can prove ownership, so you can carry out your own activities.
Introduction of NFT through SNS
Instagram and Twitter are introducing NFTs. You can now set your Twitter icon as a one-of-a-kind NFT. This is expected to increase awareness of NFTs as it is promoting them to the general public. NFT culture doesn’t exist on SNS yet, so if people start liking it, it will explode in the long run. It is already available on coincheck etc. and you can see the data. Copyrights are protected by the platform and can be used and created on the web. It is very popular because it is the only asset and cannot be tampered with. Your rights are protected even if you copy it. The risk is that there is no legal guarantee.
resale
Resellers are also appearing to take advantage of the NFT boom. Although resellers are generally hated, they are helping to revitalize the NFT market. The advantage of reselling NFTs is that since they are digital assets, there are no fixed costs. Since various markets are still developing, it is said that profits will increase in the future. Many people receive income by specializing in a particular field. Now, you can pay gas fees from Metamask etc. and purchase NFTs from the exchange by clicking from home. You can find it by comparing.
Bybit’s NFT Marketplace
Bybit has an NFT marketplace. Once you open an account, you can actually enter and trade, so let’s give it a try. To start purchasing art on Bybit, the disadvantage is that you have to transfer virtual currency from your wallet. Send money from exchanges that support other fiat currencies. NFTs are attracting attention, but you should be careful as they have the disadvantage that they can plummet instead of being profitable.
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