5 Easy Ways To Get Free NFT 2022– Improve Your Crypto Portfolio- Earn Passive Income For Free

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In the world of cryptocurrencies, the term “NFT” already implies great wealth. Millions of dollars have been spent on Beeple and Cryptopunks NFTs. Free NFTs are appealing. Do they really exist?

It’s not necessary. As the market for NFTs has grown and their use has increased, there are various ideas about how to distribute them. NFTs are sometimes minted free of charge, while others are distributed as rewards free of charge.

NFTs can be earned for free. While taking advantage of the best opportunities, it is also essential to minimize the risk of being scammed. In this post, we will discuss how NFTs can be used to improve your crypto portfolio.

5 Easy Ways To Get Free NFT 2022

What is an NFT?

Easy Ways To Get Free NFT - NFT

At the moment, “NFT” is a buzzword. Their appeal extends far beyond the world of cryptocurrencies. Even though their use and concept are not new, there is growing interest in how they work and how they can be used to revolutionize the economy.

Blockchain-based items are called digital assets, or NFTs. A blockchain keeps track of all transactions made between computers connected to it. Anyone can verify and identify the authenticity of NFTs by using the blockchain, which functions as a public ledger.

Unlike other digital items that can be produced endlessly, NFTs are unique, or at the very least, rare. Fiat or various cryptocurrencies may be used to buy them, and they can be viewed by anyone, but only the buyer has official ownership, thereby conferring a sort of digital bragging right.

NFTs have grown steadily over the years. Some of the most common NFTs include digital art, virtual land plots, and game items. The crypto market is expanding, allowing users to find new ways to utilize these assets.

NFT Market Overview

A blockchain-based digital asset listing is not a brand new concept. Spells of Genesis and other digital assets used in gaming are not new. Rare Pepe cards based on memes were also popular around the same time.

It has only been during the last few years that NFTs have gained worldwide popularity. In 2021, the market for NFTs was approximately worth $41 billion. The market for classic art and antiques, by contrast, grew by $50 billion. Consequently, NFTs are catching up quickly.

Growth is significant in this case. The value of the digital collecting sector as a whole was estimated at around $100 million in a similar study. Money is playing an increasing role in the market, which explains the trend.

Sotheby’s and Christie’s have also dabbled in selling NFTs. In addition to the increase in interest, NFTs are also being used in more and more applications.

The expansion of the NFT market

NFT Crypto
credits: pixabay

In an era where the NFT market is expanding, is it still a good time for crypto-adopters to get involved in NFTs? To understand the phenomenon, first, we need to examine some statistics.

A GIF of Nyan Cat, a flying pop tart cat meme from 2011, sold for over $500,000 in early 2021. After a few weeks, Grimes sold her collection of digital art for more than $6 million.

But selling and tokenizing art isn’t the only thing occurring. An NFT representing the first tweet sent by Twitter founder Jack Dorsey was promoted by Mr. Dorsey. There were $3 million bids.

CryptoPunks, a project by NFT created in 2017, has become a prized collector’s item. The project was created in 2017 by Larva Labs and offered 10,000 pixel-art portraits for free.

There is a difference in their hairstyles, glasses, or hats, which have each been generated by an algorithm. CryptoPunks are valued more highly if they possess certain traits that are rarer.

The popularity of CryptoPunks has soared since the emergence of NFTs in 2022. One of these digital assets was sold for over $7 million in March 2021. Over the past few months, seven more alien punks were sold for more than $1 million. Mutant Ape Yacht Club, Boring Ape Yacht Club, and The Sandbox all feature similar stories.

Certain NFTs can be inexpensive or even free, depending on their efficiency and the project’s requirements. Now let’s explore what people can do to take advantage of this opportunity.

The best way to earn free NFTs

earn rewards by playing in NFT

NFTs can be earned for free in a number of ways. Taking part in NFT games will give you the chance to earn and have fun. These games are designed specifically to help you earn NFTs. A digital token has real utility within the game in this case.

Minting NFTs is another way to gain them. This way, you won’t have to pay high gas prices. The OpenSea market is currently one of the biggest NFT markets in the world. Platform creators have created a mechanism to prevent gas prices from fluctuating.

Not to mention, you’ll be rewarded for being an active part of gaming communities like Alien Worlds on WAX. Imagine a shop offering points if you regularly shop.

There are opportunities out there. There is no doubt about that. Here are some ways to obtain free NFTs.

1. Free NFTs via play-to-earn games

Playing NFT Video Games

Taking part in computer games based on NFTs is another way to earn NFTs for free. In these games, the intention is to encourage traders to trade NFTs.

The use of NFTs in this manner is among the purest. You collect items in a game because they can be used directly within the game. A real economy grows and flourishes when this is carried out correctly.

Likewise, this market is growing. NFT’s first game was probably Spells of Genesis, as mentioned earlier. There are other games that work this way, such as Sorare and FootballCoin. The game begins with the players collecting NFTs and receiving a number of free cards. The cards allow them to earn cryptocurrencies.

Recent attention has been drawn to WAX’s NFT games. Gamers can earn free NFTs or buy them in games such as Alien Worlds and Farmers World. They earn native tokens as a result of these NFTs.

For this to work, you will need to create an account with WAX. This is where your NFTs will be stored. It won’t take long.

You should also remember that many of these WAX games come with free NFT drops. In particular, this happens with newly set-up games. These strategies aim to pique the public’s interest in cryptogames.

2. NFT giveaways

Users participating in NFT projects are often rewarded with free digital items. NFT communities on discord, for instance, provide free NFTs to their members. These giveaways can also be announced on Twitter and Telegram.

CryptomonKeys Discord members have free access to NFTs. Introducing yourself is the first step. As a participant in communities like Alien Worlds, you can also earn rewards.

As a result of this, crypto users may be more inclined to continue playing the game. Such games thrive when users interact with them. Their unique digital items are for sale and distribution. As a result, the profile of the game will rise and the value of its coin will increase.

Twitter is a good place to find companies that give away NFTs. Look for hashtags that include the words “NFT.” Often, these will direct you to active giveaways.

The most common way potential winners are encouraged to participate in spreading the word about a project is by commenting, sharing, or participating in some other way.

There is potential value in these NFTs. Remember the beginning of the Cryptopunks project. This is currently the most valuable collection of NFTs.

However, in 2017, anyone with an ETH wallet could access them for free. By word of mouth, NFTs gained momentum. They eventually grew thanks to their dedicated community.

3. NFT airdrops

Stock options are often offered by traditional companies as a means of raising capital. Blockchain-integrated organizations launch a token they can sell and buy on exchanges similar to those that operate on Web3. Token launches are sometimes coupled with airdrops. Airdrops are seen by crypto companies as customer acquisition costs.

Airdrops aren’t anomalous, but they are typically spread over a number of months. It is meant to encourage token holders to buy more tokens. The value of some tokens increases over time, while others fade into insignificance.

OpenDAO, for example, gave away SOS to those who traded the project’s NFTs. Thousands of dollars of SOS were given away.

Celebrities are sometimes brought on board as well. Celebrities such as Paris Hilton and Jimmy Fallon frequented the Bored Ape Yacht Club. Both celebrities gave away NFTs belonging to the collection during a televised giveaway in 2022.

Observing how Bored Ape Yacht Club achieved success, similar projects have attempted to replicate it. Taking advantage of the NFT giveaways isn’t too late.

4. NFT breeding

Also, there are projects which encourage users to purchase more NFTs to create other valuable assets. This is similar to older pet games. Axie Infinity or CryptoKitties refer to this process as breeding. Each project has enormous popularity.

A third NFT based on the kitties will be created on the Ethereum blockchain by using two NFTs representing the cats. The process is as follows.

It is time to breed and have babies after purchasing a CryptoKitty. To breed CryptoKitties, both owners must own them or offer them to another user. It is possible for a user to keep one CryptoKitty as a sire and one as a matron if they own two unrelated CryptoKitties.

Axie Infinity breeding refers to the process of creating new Axies by breeding eggs and hatching them.

Specifically, it is used to produce Axies with desirable traits, including the class of the card. A new offspring can be created by breeding two Axies. In this way, the game’s ecosystem is encouraged to grow. A collection should be able to grow in value over time.

5. Mint yourself a free NFT

NFT BlockChain
credits: pixabay

Previously, minting NFTs had been accompanied by high gas fees. It discouraged artists potentially interested in selling their artwork due to the gas fee.

Using Polygon’s layer 2 technology, NFTs can be bought, sold, or transferred almost for free on Polygon’s blockchain. You can also still sell the items you mint on the Polygon blockchain in ETH valuations when you use the Polygon blockchain.

OpenSea requires a wallet connection before you can mint anything. You store NFTs in collections. Through MATIC, OpenSea users can create and sell NFTs. It is a much more convenient solution.

Simply choose Polygon as your preferred network after filling out your details on the collections page. In order to pay for the NFT, you will have to choose a cryptocurrency. You should be ready to proceed after selecting a payout wallet address. In order to sell an NFT, you need a community that is dedicated to you.

Quick Links

Now is the perfect time to start earning NFTs

Art and gaming may not be the only uses for NFTs in the future. In addition to granting access to exclusive works, they can serve as proof of ownership.

Profiting from this market is also important. Consider the possibility of obtaining free NFTs as one way to accomplish this. If this guide was helpful, then please let us know. By creating your own NFT collection, you’ll save a lot of money.

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