2 Nft Trader Success Stories [2024]
Looking to tap into the emerging digital market with minimal overhead? Consider becoming an NFT trader. An NFT (Non-Fungible Token) trader buys, sells, and trades digital assets such as art, music, and collectibles via blockchain technology.
Getting started requires understanding blockchain and NFT platforms like OpenSea or Rarible. You will also need to stay updated on market trends, values, and legal considerations. NFTs are transforming the concept of ownership in the digital world, offering lucrative opportunities if you play your cards right.
Building a successful NFT trading business demands persistent research, networking with artists and collectors, and staying attuned to the ever-changing digital landscape. The potential for high returns is there, but it comes with the need for strategic planning and continuous learning. If you're fascinated by digital assets and have a knack for market trends, NFT trading might just be the innovative business venture you've been looking for.
In this list, you'll find real-world nft trader success stories and very profitable examples of starting a nft trader that makes money.
1. Chibi Dinos ($12M/year)
Sean Kelly, the co-founder of Chibi Dinos NFT, came up with the idea to create a play-to-earn NFT community that combines basketball, collectibles, and dinosaurs. Inspired by his previous experience in the NFT industry and his passion for basketball, Sean partnered with his girlfriend to create Chibi Dinos. The project quickly gained traction, with the presale and public sale selling out in record time and generating $2.4 million in revenue.
How much money it makes: $12M/year
How much did it cost to start: $100K
How many people on the team: 10
Chibi Dinos NFT, a play-to-earn NFT community co-founded by 25-year-old Sean Kelly, earned $2.4M in revenue during its initial sale, reinvesting 60% of its earnings into staffing and marketing while earning $2,005.0453th in secondary sales on OpenSea, thanks to tapping into Twitter users as part of its marketing strategy.
2. RMRK ($360K/year)
Bruno, a former web developer, noticed the NFT craze in 2020 and saw an opportunity for Kusama to participate. Despite Kusama lacking smart contracts, Bruno devised a hack called RMRK to bring NFTs to the platform. With an investment of $350k, Bruno launched RMRK and its NFT system, which now generates $1 million in monthly volume and $30k in revenue per month.
How much money it makes: $360K/year
How much did it cost to start: $350K
How many people on the team: 18
RMRK developed the most advanced NFT system in the world, generating $1 million per month in volume and $30k per month in revenue, due to founder Bruno's hack to put NFTs onto a chain without smart contracts.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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