Passive Income Through NFT: passive income streams

By S.P. Modi

If you are genuinely interested in exploring the fascinating and rapidly evolving world of Non-Fungible Tokens, then this book is for you.

 

This book offers a thorough and clear introduction to the concept of NFTs, explaining how it works, what makes it unique, and why it has taken the financial world by storm in recent years. It also includes the specifics of Blockchain technology, the backbone of cryptocurrency transactions. This book covers the diverse types of NFTs available in the market for buying, selling, or reselling for your investment.

 

The book also covers the potential risks involved with trading NFTs, offering strategies to identify and mitigate potential risk.

 

Finally, the book rounds out its comprehensive coverage of the NFTs brought, sold, and resold across the world with a chapter on investment strategy with a clear focus on practical steps to build wealth and minimize risk. Here, readers can learn how to create a diversified NFT portfolio, managing risk and maximizing potential returns.

• Language: English
• Publisher: S.P. Modi
• Release date: Sep 18, 2023
• ISBN: 9798223414988

Book preview

Disclaimer Notice

The content of this book is concerned with generating a passive income stream through Non-Fungible Token (NFS), which is the second most searched topic around the world after crypto currencies. One thing to know is that each token has its own or distinct value, which may or may not be similar, copied, or followed by another token. Cultural variations can influence the value of crypto currency. Investors must have a wider vision, which necessitates certain traits that aid them in making sound choices in order to pick the right tokens and build their own diversified financial portfolio.

This author and or rights owner(s) make no claims, promises, or guarantees in regard to the accuracy, completeness, or adequacy of the contents of this book, and expressly disclaims liability for errors and omissions in the contents within. Picking-up the right token, and/or right wallet to transact in crypto currencies is an art or a skill that one needs to identify and develop over a course of time, or one can follow the advice of the subject matter expert to build a profitable portfolio of diversified crypto currencies and tokens. No warranties of any kind are declared or implied. By reading this book, the reader agrees that under no circumstances is the author responsible for any losses, direct or indirect, which are incurred as a result of the use of the information contained in this book, including but not limited to any inaccuracies or typo mistakes.

Copyright Notice

All rights reserved. This book is only for personal use. This book or parts thereof may not be reproduced in any form, stored in any retrieval system, or transmitted in any form by any means electronic, mechanical, photocopy, recording, or otherwise without prior written permission of the author or its publisher.

Copyright © 2023 S.P.Modi.

All rights reserved.

Cover credit

I am sincerely thankful to Marmie S. for her creative vision in designing the beautiful & eye catchy covers for all my books.

Instagram ID: mi29creations

Index

Disclaimer Notice

Copyright Notice

Cover credit

CHAPTER 1

CHAPTER 2

CHAPTER 3

CHAPTER 4

CHAPTER 5

CHAPTER 6

CHAPTER 7

CHAPTER 8

CHAPTER 9

Credits

Thank you & Feedback.

CHAPTER 1

Introduction to Non-Fungible Token

First of all, let’s us accept that cryptocurrency is an intangible currency and can’t be physically touched like our traditional currencies. In other words, Cryptocurrency is a digital or virtual currency that utilizes encryption techniques to secure transactions and to regulate the generation of new units. It operates independently of a central bank and is decentralized, which means that it is