NFT staking is when you put your NFTs (non-fungible tokens) into a smart contract to earn income from them. This can be compared to how you would stake your cryptocurrency in a staking pool. What causes the difference is that with NFT staking, you are investing in the future of a blockchain project by holding onto unique digital assets. How to earn income through NFT? There are two ways to earn income from NFTS: By staking, in a staking pool By selling for a profit. How to Earn by Staking in a Staking Pool If you decide to stake your NFTS in a staking pool, you will earn income in the form of interest on your investment. However, the amount of interest you earn will depend on the size of your investment and the length of time that you stake your NFTS. To calculate the amount of interest you will earn, you can use a staking calculator. A staking calculator is a tool that allows you to input your investment amount and the length of time you plan to stake your NFTS. Furthermore, the calculator will then output the estimated interest you will earn on your investment. How to Earn Income by Selling Non-fungible Tokens? If you decide to sell your NFTS, you will earn income in the form of profits from the sale. The amount of profit you earn will depend on the price of the NFT when you sell it and the number of NFTS you sell. For example, if you bought an NFT for $100 and sold it for $200, you would earn a profit of $100. If you sold t...
