How to Make Passive Income From NFTS (Top 3)

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First off don’t believe a word I say in this video, do your own research. If its one that I learned while doing 3-4 hours research for this video is that, there are a lot of opportunities out their to make some passive income. And there are also a lot of opportunities for people to get scammed.

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Chapter:
0:00 Intro
2:37 Royalties
6:35 Renting your NFTs
8:46 Staking NFTs
10:07 Provide liquidity to earn NFTs
11:07 NFT Yield Farming
12:21 Outro

Guys don’t be stupid or gulable, just because someone says you can make passive income from their idea doesn’t mean its going to happen. Some of these projects never pay out, and the tokens you do get can end up not being worth much. So put on your suspicious glasses and questions everything.

1. Royalties:
– Fun story, today as I make this video, theirs a rapper that’s going to action off 50% his royalties for 2 hit songs that he has via royal.io

– It’s a basically a payment for the ongoing use of an asset. Meaning if I give you publishing rights to my book and my story, when ever you sell copy you need to pay me a cut, same with music. But for art its always been different, its been more like buying a pair shoes. I don’t gotta pay the designing everytime sell the pair if its rare. But NFT and Royalties have enable that, Currently I’ve seen numbers as high as 10%, but it means everytime that asset is sold and switches hands 10% of the proceed goes towards the artist.
– Best of all the contract is executed automatically so you don’t have to hunt down buyers

2. Renting your NFTs:
– Imagine a game where is the player have certain gear ( NFTs) they have an increase change of winning
– So why not go ahead and renting your NFTs which does that exact thing to increase their odds
– And the Thing is, that winning for them can also mean Real Money Depending on what they win ( so that’s a thing )

Another Example:
– Imagine an art galary that wants to display it
– Or even a virtual art gallery in the metaverse
– Or even someone that wants to flex something they don’t own

3. Staking NFTs to Make Passive Income:
– You can do this support a project by providing resources
– Currently being used in pay to earn gaming as ( decentraland, sandbox, axie infinity
– Think of it like, putting away your NFT and receiving a yield on it ( kinda like you do with your money in savings account but you’ll get paid more based on raribility of your NFT)

Better said:
– Think of it like lockig up your nft and it out of circulation ( kind of like a CD)
– For doing this you get tokens
– But the catch is you cant take it out until the contract is up

More Places: Kira Network, NFTX, Splinterlands, Only 1
– I’m not vouching for any of these places, do you own research

4. Provide liquidity to earn NFTs:
– Its like having asset but you cant sell because you cant find a buyer immitiatly
– Well it’s the same thing here but instead, the protcal provides liquidy for these user to be able to exit anyway ( and by you giving liquidy you earn NFTs and these NFts are really just tokens worth a portion of the fees )
– So its basically they use your money to process transactions and charge fees, and you get a cut for doing that job

5. NFT Yield Farming
– This using your nft to get the best possible yield without ever selling the asset
– Its kinda like how you lend money to the bank by depositing it into your savings account ( but if you around you can get a better rate ), and you always have assest to your funds ( depending on the amount lol and limits that thye set )

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

Comments

Jonas Kakaroto says:

What's the best way to make profits from crypto investing?

Joe Perez says:

What is a safe website or app to get started with nft

ChristianArevalo says:

my favorite boring guy on yt

Marianne Albright says:

Passive income is quite possibly one of the most important and central ways that the rich get richer. I’m compiling and picking stocks that I’d love to hold on to before retirement, you need to invest smartly, if you need the good things of life. so far i've made over $550k in raw profits from the last quarter in the market my diversified portfolio strategy. mutual funds takes long time but investing smartly is the key for short term.

Celestial Fights says:

Cringed a little at the fact you dont know who NAS is.

One of the greatest rappers alive look up NAS – The Passage

MEGA RADA says:

Thank you bother 🇩🇴👍🏻

Alexander Uktina says:

Hello what's the best way to get started with bitcoin investment cos I've been making my personal research for a while now

CAVEMAN says:

Royalty 🔥

Johnny Ede says:

My goal is to buy a bored ape nft before it become ridiculously expensive!

IncomeByte - Make Money Online says:

Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.

Moss Miles says:

There are other YouTubers saying not to listen to you on their channel .

Saul Goodman says:

NFT's are scams.

Sleepyhead says:

Hey Tommy are you from Dallas, tx

Maxim Teleguz says:

What is the purpose of nft?

Jill Hill says:

Question Tommy. My 22 yo has aspirations such as yours but not sure what to major in. Aside from obtaining a degree in accounting what other majors did you consider? I’m impressed with your videos and have shared.

Aldene Campbell says:

Thank you so much. I don't understand it I'm going to try to get some more help with someone I can sit down with in person.

Daily Memes says:

Gotta watch for the scammers 👀👀

Brooklyn Wayne says:

A $32,000 profit sent to my portfolio each week, Mrs Angela Regina Mende is amazing.

Dorathy Roberteson says:

Great video. you've remind me of what someone once said💖 "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended similar and ever since then i been waxing strong financially, and i most tell you the truth..

JamesText👉Davhack247onTelegram says:

I can't wait to do👆another process on there platform thanks you for the 1BTC,

Decor riddle shorts says:

Thanks for your advice but could you do a video and show how to upload a nft to opensea using a phone because I am having trouble uploading a photo to create my nft.

Amir Ullah says:

How to earn money by doing 1 hour to 2 hours works from home?

Ivy says:

Thank you for taking the time out to create these videos to help educate us on the future. Appreciate you!

MsB X says:

Stalking NFTs…. thx you

Peter Okafor says:

Which site can I make this happen?

Justin Caldwell says:

Good afternoon Bryson😌 excited to watch the video

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