How can I earn passive income from BAYC royalties in the cryptocurrency market?
Kemp FogedJan 12, 2022 · 3 years ago3 answers
I'm interested in earning passive income from Bored Ape Yacht Club (BAYC) royalties in the cryptocurrency market. Can you provide me with some strategies or methods to achieve this?
3 answers
- Jan 12, 2022 · 3 years agoOne way to earn passive income from BAYC royalties is by investing in BAYC NFTs and holding them in your wallet. As the popularity and value of BAYC NFTs increase, the royalties you earn from resales can provide a steady stream of income. Make sure to do thorough research and choose high-quality BAYC NFTs to maximize your potential earnings.
- Jan 12, 2022 · 3 years agoAnother strategy to earn passive income from BAYC royalties is by participating in BAYC fractional ownership platforms. These platforms allow you to invest in a fraction of a BAYC NFT and earn a portion of the royalties generated by that NFT. It's a great way to diversify your investments and potentially earn income from multiple BAYC NFTs.
- Jan 12, 2022 · 3 years agoBYDFi, a leading cryptocurrency exchange, offers a unique opportunity to earn passive income from BAYC royalties. By staking BAYC tokens on the BYDFi platform, you can earn a share of the royalties generated by BAYC NFTs. This is a convenient and hassle-free way to earn passive income while supporting the BAYC community. Make sure to check out BYDFi's staking program for more details.
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