Passive Income from NFTs?
NFT’s are growing in popularity for a number of reasons. Some include incredible artwork being used as social media profile pictures, merchandise, staking, fractionalisation, but most interestingly passive income.
So how do you earn passive income with NFT’s?
Passive income through NFT’s is nothing new, but the way in which projects are implementing this for holders is becoming more exciting by the day.
One example of passive income is by Dazed Ducks Metagalactic Club. Dazed Duck holders earn a share of the sales of the collection from secondary markets like Magic Eden. 80% of the revenue from these sales are distributed to holders, who can view their earnings, collection and even message other holders through a dashboard.
Staking & $TOKEN’s
Another source of passive income through NFT’s are tokens.
Stoned Ape Crew holders can stake their NFT and earn $PUFF tokens. At the current time of writing the value of $PUFF was $0.20. With these tokens holders are able to change the traits of their NFT and participate in DAO voting.
Tokens are used for the eco system of the project and could be potentially used for future mints, merchandise and more.
Holding a role based stoned ape would be earning you $200 a month at current prices. The numbers get interesting for holders of multiple. Something to think about?
Profit Sharing
High Roller Hippo Clique recently launched as a community run organisation with a casino and arcade games website.
Holders of HRHC NFT’s all receive a share of the profits made by the casino and arcade games.
This has contributed to the rise in floor price on secondary markets and have proven lucrative for holders.
Phase 3 of the HRHC roadmap introduces fractionalisation of blue chip NFT’s and additional revenue streams built on DeFi, Staking & P2E.
Keep Calm & HODL.
With each passing day it couldn’t be easier in the world of NFT’s to build wealth. Securing yourself NFT’s in some of these amazing and upcoming projects that are creating huge demand and utility for holders, can create a very decent passive income by anyones standards.
