Create and sell NFT artwork
Overall Score
59 /100
Ease of Starting & Doing
Minimal or Zero Investment
Scalability
Passive Income Potential
Market Demand
Competition Level
Immediate Earnings
Long-Term Stability
Risk of Failure
Opportunity for Newcomers
Adaptability to Changes
Global Reach & Accessibility
Skills & Experience Needed
Payment & Withdrawal Process
Ease of Making Money
It requires learning how to create, mint, and list NFTs, which may not be intuitive for beginners. A basic understanding of blockchain, cryptocurrency wallets, and NFT platforms is necessary.
50/100
Explanation: While there are some platforms that allow free minting, typically you’ll need to pay gas fees (for minting the NFT) and possibly invest in promotion or artwork creation tools.
60/100
Earnings can scale with increased demand for your artwork, but they are constrained by the market’s willingness to purchase NFTs and the limited audience.
68/100
After an NFT is created and sold, it can provide passive income if the artwork continues to appreciate in value and is resold. However, further promotional efforts are often needed for long-term success.
65/100
The NFT market has seen explosive growth, especially for high-profile projects. However, demand can be volatile, and the market has periods of saturation.
75/100
The NFT market is competitive, especially as more creators enter the space. It is not easy to stand out without a unique offering or heavy marketing efforts.
50/100
It can take a while to generate sales, and it’s unlikely to earn money immediately after minting an NFT. Earnings can be delayed, especially if the market is slow.
45/100
The NFT market is still relatively new and can be unstable, with rapid shifts in trends and interest. Long-term success depends on ongoing demand for NFTs and blockchain technologies.
54/100
There is a risk of no sales or financial loss due to high competition or lack of demand for your artwork. Additionally, the cryptocurrency market’s volatility can affect the pricing and value of NFTs.
50/100
Newcomers can enter the NFT space easily with platforms that allow minting without significant upfront costs. However, success is not guaranteed and may require significant effort to stand out.
60/100
The NFT space is subject to regulatory changes, platform fluctuations, and technological shifts. Creators must stay informed and adaptable to remain competitive.
50/100
NFTs are accessible globally through blockchain networks, though they can be limited by regional regulations, cryptocurrency exchange access, and platform policies.
70/100
Some knowledge of blockchain and cryptocurrency is needed, along with artistic ability. While it’s possible to start without deep technical expertise, a learning curve exists.
65/100
Payments are typically made through cryptocurrencies like Ethereum, which can be withdrawn to wallets and converted to fiat money.
60/100
Making money is not guaranteed and requires creativity, marketing, and audience engagement. Success depends on the art’s appeal and market trends.