An NFT is a Non-Fungible Token - that means that each token is unique and can't be replaced by another token.
NFTs are a new way to create digital assets that are limited in quantity. Every time someone buys the NFT, they get the ability to use it in their game or app and they also get a share of the profits from any future sale of this asset.
Want to create your own? The three best tools for creating NFTs are Scryfall, NFT.club, and CryptoKitties.
Here are some real life success stories of starting a NFT:
1. Blake.Art ($360K/year)
How much they make: $360K/year
Where they're located: New York, NY, United States
Current team size:
Brooklyn-based pop artist Blake Jamieson earned a cool $46,000 in just six weeks by selling NFTs of his reimagined Topps baseball cards, and has used his newfound success to reinvest in his community and support other artists.
Learn more about starting a NFT:
Where to start?
2. Blake Art ($480K/year)
How much they make: $480K/year
Where they're located: San Francisco, CA, USA
Current team size:
An artist generated $40,000 from 17 sales on SuperRare by selling NFTs of his earlier works, with his highest NFT sale coming in at $4,772 and an average sale price of $2,336, and is set to earn $500,000 through collaboration with Topps on a series called Project70.
3. Amrit Pal Singh ($1.32M/year)
How much they make: $1.32M/year
Where they're located: New Delhi, Delhi, India
Current team size: 2
This case study showcases how an Indian visual artist generated over $1 million in less than a year, selling 57 unique nonfungible tokens (NFTs) based on his artwork.
Hey! 👋 I'm Pat Walls, the founder of Starter Story.
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