Consensys: Three Ways to Make Money Using NFTs - NFT

[Pagla]

There are countless ways to engage with Non-Fungible Tokens, otherwise known as NFTs. And because these NFTs are typically created with smart contracts, there are countless ways to financialize them.
To have a closer analysis, ConsenSys has taken a look at three different ways to use NFTs financially:
Collective bidding
Fractionalization
NFTs as Collateral for Loans
The Web3 revolution is well underway. Therefore, the most inventive users of this open environment continue to find different ways to create value for other users. Let’s take a look at three of these:

1. Collective Bidding of NFTs
First, ConsenSys explained how the average collector could buy Blue-Chip NFTs with their friends. To do this, you can use Partybid. This platform allows users to pool money together to buy NFTs as a team. Anyone can create a party, join a public one, and collectively bid on or buy most NFTs!

More Information

[Kitaiev]

If you are famous then you can do this ...

Cryptobatz: Ozzy Osbourne announces first NFT collection

“I’ve been trying to get in on the NFT action for a while so when I asked Sharon for a Bored Ape for Christmas after several failed attempts of buying my own, and she said no, so I decided to create my own,” said Ozzy.

“CryptoBatz is a fucking mental project for NFT collectors and fans. The design pays tribute to one of my most iconic on-stage moments and is a chance to acquire a rare piece of art history. I love it!”

Successful applicants will also be able to mint up to three CryptoBatz per digital wallet, while public minting will open in early February.
https://www.rollingstone.co.uk/music/news/exclusive-ozzy-osbourne-announces-nfts-cryptobatz-collection-8800/