TAP Fantasy (TAP)-overview of the blockchain project and its token +…

The concept of NFT is increasingly included in the cryptocurrency industry, the options for using irreplaceable tokens are constantly expanding. And of course, there are many different capabilities of earnings on such assets.

In this article, the editors of yeell.it talked about how to earn on nft-tokens. Many of these methods of earnings can be called passive, and they also differ in risk.

Content [hide]

1 What is NFT

2 Ways to make money on nft

3 1 Creation and Trade on NFT markets

4 2 royalties

5 3 blockchain games

6 4 renting virtual sections or things

7 5 liquidity supply

8 6 stakeing

9 7 Investing in NFT startups

10 FAQ

11 Conclusion

What is NFT

From the technological point of view, NFT is cryptographic tokens, which, unlike ordinary ones, are strictly unique: each token differs from another and cannot be replaced, hence the name (inconsistent tokens). Accordingly, the cost of each token is determined individually, based on what is laid down in it, who is the author, etc. As with works of art.

NFT format can be represented:

Digital paintings and animations.

Video and audio.

Game items for blockchain-game-weapons, decor, etc.

Plots of land in metavselnaya.

In addition, any real objects of the physical world can also be tokenized, then the NFT buyer receives the right to a real object.

An important advantage of NFT is that the user rights are rigidly fixed on the blockchain. Anyone who holds token in a blockchain-wallet is the only owner of an attached object. At the same time, for example, other people can freely copy and save pictures, but it will be like making reproductions of artists. The original is still considered the owner of NFT,

Ways to make money on NFT

Consider the basic methods of earning on NFT. Their list has been constantly updated in the last couple of years.


Creation and trade on NFT markets

Earnings on NFT – Creation

The first thing that usually comes to mind is to create your own NFT-Token and put it up for sale. It is easy to do this. True, there are no guarantees that the token will interest customers.

See also: The best NFT markets for creating and selling NFT.

Examples of sites that provide functionality for creating and buying/sales NFT: Opensea, Binance NFT, RARIBLE, SOLANAT. Please note that when putting up for sale, you will need to pay the network commission for the transaction. In the Ethereum network, it can be quite high. This must also be taken into account when installing the starting price.

A little about the issue of pricing. How to evaluate your first NFT, so as not to cheat, and not scare away customers with a high price? There is no formula or plan to solve this problem. Experts give two main advice:

Start with small prices, but carefully monitor the market situation and do not be afraid to increase the cost if you realize that the product you offer will be relevant in the near future.

Experiment. You can seduce buyers in different ways, for example, discount codes for future purchases, adding pleasant bonuses and even physical souvenirs, merchants. You can make tokens unlocked, that is, the user will be able to see part of the content only after the purchase.

The practice of reselling NFT strangers is also common, because they can grow in price over time. But again, there are no guarantees of this growth. Nevertheless, many celebrities invest by investing millions of dollars into digital art.



Earnings on NFT – the principle of royalties

When creating NFT, the author can establish the conditions under which he receives deductions (royalties) whenever their creation passes from hand to hand. This is constant passive income if the works are in demand.

The duration of the Royalti program is not limited. If when creating a 10% expulsion is set, then the author receives these 10% always, no matter how many times the token is resold. The process is fully automated and is performed using smart contracts. The author does not need to track payments manually or confirm them each time.


Blockchain games

Earnings on NFT – Axie Infinity game

Most modern blockchain-games with Play-to-Earn mechanism allow earnings on NFT.

See also: The best 15 blockchain-game.

In the format of irremovable tokens, pets, weapons, equipment, areas of the territory, skills and much more are represented. Receiving these items during the game, participants can sell them in the built -in market. Also, some projects provide the opportunity to create their items, usually decorative, using an integrated “designer” and sell the results of their creativity.

Examples of blockchain-game with NFT:

Axie Infinity

My Neighbor Alice



Alien Worlds


Renting virtual sections or things

Earnings on NFT – Virtual areas in The Sandbox

Another interesting way to receive passive income is to rent your NFT. For example, in some collection card games on the blockchain you can rent or rent separate rare cards that will help increase the chances of winning. Users themselves set the fee and duration of the transaction.

Or renting virtual land plots that the tenant can use at his discretion: place advertising structures, other commercial facilities. Read more about this in our article.

An example of a site where NFT owners and potential tenants are found – Renft. It allows you to set the maximum rental periods and daily rates that are calculated in Wrapped Ethereum (Weth), this is the ERC-20 token, equivalent to the original ether.


Liquidity deliveries

Earnings on NFT – Liquidity on Uniswap V3

The Uniswap decentralized exchange, along with the launch of the third version of the protocol, added an expression of the positions of liquidity suppliers in the NFT format (ERC-721).

Based on the pool and parameters selected in the liquidity interface, a unique NFT is minted, representing a position in this particular pool. The owner of the NFT can change or redeem the position, or can sell it on any marketplace on the blockchain of the ether, for example, Opensea.

Visually NFT look so that they can immediately determine the main information:

In the upper part there is a trade pair, from the sides of the card – the addresses of the pool and tickers of the tokens.

In the center of the curve, the shape of which is determined by the concentration of liquidity, as well as the ratio of the original deposit of tokens.

The NFT color scheme is based on two basic tokens, so for each pool it is unique, but in a single style.

Under the curve is the NFT identifier and the minimum/maximum price range set by LP.

The icon at the bottom right indicates the position of the liquidity supplier proceed from his activity in the pool.

Above this icon on some NFT you can see another small icon in the form of a flash. This is a rare attribute, the chance of generating which increases as the token identifier increases (approximately 10% with ID 100, approximately 3% with ID 100,000).



Earnings on NFT – Steering

Steering using NFT allows you to earn a relatively new way, this was made possible thanks to the close connection between irremovable tokens and the decentralized finance industry. Steering involves deposit or “freezing” of digital assets in the smart contract of the Defi protocol for passive income.

Examples of platforms supporting such functionality:


Kira Network




Assets in which awards are paid may vary – for example, ether or own platform management tokens. In addition, there is often the opportunity to reinvesting coins earned on NFT in different return protocols.


Investing in NFT startups


This method can be called an indirect way to make money on NFT. Now new projects are regularly launched in which the concept of irremovable tokens is used. These are applications of various industries, from games to data storage. Investments in the most promising projects can pay off repeatedly in the future.

Platforms such as Binance Launchpad, Bybit Launchpad, etc. will help to choose really standing startups. Tokenses at these sites take place in subscription format, providing a simple and fair distribution between users. In addition, the exchanges conduct a thorough analysis of each startup, as they value their reputation. But you yourself must conduct your own research to invest wisely.


What is NFT?

Cryptographic tokens, each of which is unique in its properties, tied value, demand. Represent the ownership of a particular digital/real object.

What are the main methods of earning on NFT?

Most often, options such as trade or use in blockchain games are used. But the range of functionality of tokens is steadily expanding.

What is royalties?

Author’s deductions. The author sets them at the time of token minting, for example, 5% or 10%. He will receive the corresponding deduction in the future from each resale of token in the secondary market.

What marketplaces can you buy or sell NFT on?

The most popular trading platform today is Opensea. She works with assets on the Ethereum blockchain. Other blockchains also appear their platforms, this makes it possible to avoid high fees of the Ethereium network.

How can Uniswap liquidity suppliers earn on NFT?

On Uniswap V3, the positions of liquidity suppliers are presented in NFT format. You can make a profit based on them or quickly sell with any suitable marketplace to withdraw assets.

Is it safe to invest in startups with NFT?

There is always a risk that the project will not take off, and the profit will be minimal or completely absent. To minimize risks, it is recommended to consider projects supported by famous crypto -rhms.


NFT is much more than the next trend in the blockchain industry. The technology has many application options, they are revealed gradually, and clearly in the future there will be much more. The sphere constantly includes new individuals and organizations. At the same time, the process of earnings on NFT is not as simple as it seems at first glance. Camping and sale entail the costs of network fees. And the volatility of the young market bears risks for investors. If you have free money, then you can buy a token that, as you think, will be in growing demand in the future, but no one can guarantee this.

Editors yeell.it

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