NFTs can be found in artwork, music, virtual real estate, and video games. Online transactions are made for them, frequently with cryptocurrency. NFTs are sometimes distributed for free by projects and developers in an attempt to promote their enterprise, expand their fan base, or reward existing backers. It is called an NFT airdrop.

What is an NFT?

Non-fungible tokens, or NFTs, are based on blockchain technology. It means they can be scanned and verified as unique assets, making them an exciting new way to sell digital goods. NFTs can be anything from digital art to video game characters. They are currently experiencing a massive surge in popularity, thanks to the normalization of cryptocurrencies and the excitement surrounding the blockchain framework.

To get an NFT, you must have a crypto wallet supporting the specific cryptocurrency in which the NFT is sold. Most marketplaces will have a step-by-step guide for setting up a compatible wallet. Some NFTs are available on multiple marketplaces, so it is worth looking around to see what is available. It is also worth checking out the community on Discord or other social media platforms to keep up with developments and new releases.

Once you have a compatible wallet, you can browse marketplaces for NFTs that are available to buy. Some marketplaces have a category or popular collections where you can find NFTs that are popular with other users.

It is also worth checking out the community of a particular NFT project to see if there are any giveaways or events that you can participate in. These can often provide free airdrops or whitelist opportunities, unlocking additional NFTs in your collection.

What are the benefits of getting a free NFT?

While many NFT games come with an upfront cost, there are ways to get free ones. Some NFT projects hold giveaways and promotions for their users, often on social media platforms like Twitter and Discord or by signing up for their mailing lists.

By participating in community events organized by the project you wish to receive a token from, you can earn free NFTs easily. For example, some NFT marketplaces host regular airdrops for their users by following them on social media or joining their communities. These airdrops can sometimes include a free NFT that can be traded on the platform or sold later on for real money.

The benefits of owning a free NFT are the same as owning any other digital file: it gives you ownership over a unique item that can’t be replicated. For example, anyone can download a Beeple video, but only one person can own a Monet painting.

The free NFT is also a good starting point for someone looking to gain more experience with the blockchain and its underlying technology. While NFTs rarely explode like the most expensive Monet, they can still be valuable to their owners. 

How do I get a free NFT?

NFTs can be a great way to show support for artists and platforms that you love. Many artists and venues host NFT giveaways on social media to build a following, increase visibility, and onboard new users. These giveaways often require specific criteria like retweeting or commenting on the post to be eligible. NFTs can also be used in gaming communities on the WAX network to allow players to earn exclusive digital assets without spending money.

Another common way to get free NFTs is through airdrops. NFT marketplaces and other decentralized applications (DApps) regularly host NFT airdrops to reward their community members with free tokens. Lastly, some NFTs can be found in play-to-earn games, similar to traditional video games where you can earn in-game currency and collect characters and items.

These games can often be lucrative and give you a great way to try out the NFT market without investing real-world money. Check out the rules and guidelines before claiming free NFTs from these games, as they may change over time.

How do I sell a free NFT?

NFTs have become a trendy way for digital creators to make money, but high minting fees can be a deterrent for some. However, thanks to an innovation known as “lazy minting,” there are now ways for artists and creators to create and sell NFTs without having to pay the expensive minting fees.

To create a free NFT, first upload your digital file. It can be anything from a piece of art to a video game character. Next, choose a title and description for your NFT. Finally, you will need to decide on a royalty percentage, which determines how much money you will get from any future resales of your NFT.

Once you have created your NFT, you can post it on the marketplace and start selling it. You can sell it at a scheduled auction or set a fixed price. You will also need to decide what kind of minting fee you would like to apply, determining how much your NFT is worth in the marketplace.

Another great way to get free NFTs is by participating in giveaways. Many NFT creators and platforms will host giveaways to build their audience and community, with entrants being given the chance to win NFTs or other crypto prizes by following specific rules or criteria.

These giveaways are typically conducted through social media, with participants being asked to like, comment on their Ethereum wallet, retweet, or join a Discord group to be eligible to participate.