The topic of earning on NFT is still relevant. Many different strategies for profiting from NFT trading are already known, such as flip or hold. However, all of them are accompanied by corresponding risks of losing investments. How to minimize risks?
Of course, trade without any investment. It sounds rather utopian, but in fact it is quite real. And in today’s article, we will tell you how to get NFT for free!
Mint Free Collections
The first method we will look at is obviously minting free NFTs. Such collections are now not uncommon, especially since not so long ago free mints received a new life. And the guys from GoblinTown set the trend for this , at launch they could be bought for 0 ETH, you only had to pay a commission.
They did not provide any utilities, and almost no one came across the art. But everyone was surprised when the collection began to sell like hot cakes. And as a result, the floor of the collection has increased dramatically, and today their floor price is about 0.8 ETH
And before that, Critterz was one of the first to do such a successful case back in 2021:
Now they have their own metaverse, and NFTs have fallen in price, but are still trading at ~80 dollars in ETH. This is given that they rose to half the ether, when it cost much more.
And things like this happen all the time. Not all give such a stunning profit as the collections above. But most free mints make some kind of profit.
It is also worth noting that you can mint NFT for free even from the “paid” collection for the received whitelist. Usually these are distinguished in OG WL, WL 1, each project has its own way, they are obtained for good activity in the discord or other social networks.
Participation in Airdrops
Airdrops are a kind of distribution of NFTs, cryptocurrencies or tokens. Relatively speaking, you are participating in a lottery, where the more tickets you have, the greater the chance of winning.
To participate in the Airdrop, just follow a few simple steps, and you will already receive your first tickets. Usually such lotteries take place on the Gleam platform. Everything is automated there, and the execution check will not take much time.
Prizes are sent here without your participation, since you have already indicated your wallet address. Another important role in airdrops is played by the referral system, it is present in almost everyone. When you refer friends using your referral link, you get additional tickets.
Therefore, in this case, abuse and multi-accounts are common, where you have a large number of fake accounts and you bring them in as referrals.
Participation in draws
Giveaways are similar to airdrops, you also need to complete a couple of social media activities and you are entered. But still, there are differences between the two methods, for example, there are fewer prizes in the drawings, and they are more valuable.
Usually Giveaways are held on Twitter, less often on Discord. For reposts, likes, tweet comments, you get a chance to win NFTs, whitelists or cryptocurrency. They all look identical.
Often the creators use this method to increase activity in social networks before the mint. Therefore, both they and you benefit. Here, as well as with airdrops, there are many multi-accs and abuses with fake accounts.
Claim NFTs. Participation in free promotions
This method attracts everyone with its interesting activities. Here, the option of giving away free NFTs is accompanied by some activity, such as beating a game or watching a conference, as Binance did .
Often these rewards are exclusive, so they will have value some time after the event. In the field of NFT, in principle, there are a lot of collectors who rate such exclusives.
Getting in NFT games
And this method will attract a large number of gamers. Since in the case of NFT games, you can combine business with pleasure. There are a lot of reviews on various NFT games on our site. We will highlight 2 for you, in which you can get tradable NFTs for free.
Skyweaver is a card game where at the end of the season you can get tradable Silver cards that you can sell or use as an arena ticket to knock out Gold cards.
Sorare is a fantasy league sim where you use player cards and get rewards for their real life performances. If your characters get good stats during the week, you will receive tradable NFT cards.
Extra. Participation in testnets of new blockchains
I highly recommend giving this method a try!
Remember our Aptos review ? It was thanks to the fact that users received free NFT during the testnet stage of the Aptos blockchain that they received rewards in APT tokens and earned several thousand dollars.
There is nothing complicated in this method, it is enough to spend a few minutes of your time. It does not always bring such income, but the more you participate, the more likely it is to make a profit.
Today we have analyzed all the main ways to get NFTs for free. Yes, they do not guarantee profit, but at the same time, they do not need any investments, the maximum is to throw $ 1 to pay commissions, this will be enough for you for many transactions.
In order to make more profit from this, it is worth participating in all kinds of drawings, airdrops, promotions, testnets, and so on. But do not forget about security, use a special “burner” wallet, in which you have funds only for a specific mint, so that in case of fraud you do not lose all your assets. However, it is not necessary to do this, you can participate only in the most promising ones. Don’t know where to look for them? We publish a part on the site in the section Free tokens.