Profit from the NFT Craze without Ever Actually Buying One with These Cryptos
These days, it seems like everyone who’s anyone is trying to get in on the NFTs (non-fungible tokens) craze.
We’re seeing celebrities brag about their Bored Ape Yacht Club (BAYC) and other NFTs all over social media; just look at Eminem‘s profile picture on Twitter…
It’s not just celebs, either.
Even the NFL went all-in this year – giving Super Bowl LVI attendees a commemorative NFT version of their ticket during a historic game unofficially dubbed the “Crypto Bowl.”
And hey, it’s no secret that I’m into NFTs, too.
But let’s be honest for a second: Is there good behavior in the NFT space?
No, not really. Melania Trump proved that last month when she sold an NFT for about $185,000… to herself.
For the vast majority of people, buying NFTs is not going to make you rich. At least not today.
And if you do buy an NFT, you better like the artwork – because there’s a good chance you may never see that money again.
That being said, some $25 billion in NFTs were sold in 2021 alone. Clearly, there’s money to be made here.
You just need to know how – and I’ll give you my secret today.
With this crypto, you can cash in on all the profit potential the NFT craze has to offer without ever actually gambling on one…
The crypto I’m talking about is getting into the NFT space, and I’ll tell you why I see so much potential in it below:
Along with NEAR Protocol (NEAR), here are three other cryptos that give you exposure to the NFT space without the risk that comes with purchasing an NFT directly…
1. LooksRare (LOOKS)
LooksRare (LOOKS) is set to disrupt the NFT space’s biggest marketplace by doing what OpenSea does, but better. Much better. Because instead of requiring its users to pay Ethereum (ETH) or WETH (wrapped Ethereum) trading fees and never see that money again, LooksRare is taking those fees and giving them back to the community through staking rewards. Not only are you earning rewards from staking your LOOKS token, you’re earning rewards from WETH, too. Sounds good, right? I’ll show you how to stake LOOKS right here.
2. Ethereum (ETH)
Ethereum pioneered a platform that uses the blockchain to execute smart contracts, and most NFTs actually use the Ethereum blockchain. So, by owning ETH, you’re getting indirect exposure to all the profit potential of NFTs without the risk of owning one directly.
3. Cardano (ADA)
Last but certainly not least is Cardano (ADA), one of my top two favorite cryptos right now.
Among a number of other exciting upgrades planned for this project, Cardano is building out its own NFT marketplace. That makes it a great way for crypto investors to cash in on all the profit potential in store for NFTs while also owning one of the single best cryptos on the market.
Even better – you can stake Cardano and earn rewards on your crypto. Click here to learn how.
For even more ways to make money from the NFT craze, check out this new generation of cryptos making Bitcoin (BTC) gains look tiny by comparison.
See you tomorrow,
Chief Crypto Strategist, American Institute for Crypto Investors