1 October 2024
5 Hacks to Earn Free NFTs
Non-fungible tokens (NFTs) are gaining more popularity as some of the most famous celebrities have joined the decentralized finance (DeFi) space. The rise of these digital assets has transformed the way communities and networks interact online. It is common for projects within these communities to provide free mints or airdrops to qualifiers, thus providing an exciting opportunity for new investors to receive free NFTs.
How to get Free NFTs?
Some start-up projects offer free NFT mints or airdrop NFTs to individuals so that they can get off the ground. Participating in the NFT community would be the best strategy to find free mints. OpenSea and Twitter are great resources for discovering upcoming mints. Keep an eye out for dangerous projects or individuals when browsing upcoming mints. Make sure you learn as much as you can about the creators and their intentions.
1.Play NFT games
You will also be rewarded for participating in many gaming communities, such as Alien Worlds, which runs on WAX. You receive loyalty points for participating in regular shopping. For starting the game, you will receive two free NFTs. While mining on a plot, you get an opportunity to mint a free NFT that goes straightforwardly into your WAX account.
You can also start playing other games by signing up for an NFT based computer game. Playing NFT games that allow you to earn NFTs is one of the many free ways to earn NFTs. Many of these games are designed to motivate trading NFTs. The items you collect have a direct use inside the game, so this is one of the purest uses of NFTs. It leads to a real economy that can grow and flourish when done correctly.
2.NFT Giveaways
In many cases, NFT projects offer their users free digital items in return for their participation. For instance, many discord communities inside the NFT space offer free NFTs to their members. Twitter and Telegram channels are great resources for such giveaways. Some companies announce giveaways on Twitter to promote NFTs. There is no guarantee that these NFTs will remain valuable, but let's not forget how the Cryptopunks project started. Currently, it is the most valuable NFT collection. In 2017, however, they gave free NFTs to anyone with an ETH wallet. The NFTs gradually gathered momentum through word of mouth. Its dedicated community helped their eventual growth.
3.NFT Airdrops
The public often receives stock options from traditional companies to raise capital. Blockchain-integrated companies on Web3 offer a token to be traded on exchanges that people can buy and sell. Often, an airdrop is offered as part of a token launch. Crypto companies consider them a form of customer acquisition. There is nothing unusual about airdrops, although they are often spread out over several months. These tokens are offered to encourage users to keep them and continue spending. This concept is also important because it gives investors something to look forward to when purchasing an NFT.
4.NFT Mints
Some projects offer free mints to grow instantly and raise interest. The only upfront cost related to giving away free mints is the gas fee for minting the piece on the blockchain. However, one should remember that some blockchains will cost more than others; for instance, Ethereum's free mints may cost $100 due to rising gas prices. On OpenSea, you must first connect your wallet and then create a collection to mint anything. As it provides a much more convenient solution, OpenSea offers its users the option of creating and selling NFTs using MATIC. If you have a strong community backing you, you will have a greater chance of selling an NFT.
5.NFT Breeding
Furthermore, some projects motivate the creation of other valuable digital assets by encouraging users to purchase more NFTs. A great example would be similar to an old-school pet game. Projects like Crytokitties or Axie Infinity have been alluded to as breeding. Both these projects are hugely well known. In Cryptokitties, users will use two of the NFTs representing the kitties to create a third NFT listed on the Ethereum blockchain. Axie Infinity breeding refers to a method of creating new Axies by producing an egg and hatching it. Its basic role is to produce Axies with desired traits, like the card's class. To create a new offspring, players can also breed two Axies. This way, users are encouraged to contribute more to the gaming ecosystem. The main goal is to create a collection that can be valuable over time.