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Lindsay Lohan are some tips on how to make money on the NFT craze.
Simply put, NFTs, known as non-fungible tokens, allow buyers to exercise sole ownership of a unique piece of digital media such as individual songs, videos, and images.
The Mean Girls star recently took advantage of the buzz by turning her new single “Lullaby” into an NFT, which sold for $ 85,000.
Speak with interview Magazine, Lohan, 34, introduced a seven step plan telling others how to make money from the excitement she believes will last a long time.
The first piece of advice is to create a marketable NFT. “I believe that what makes a great NFT is to create something that tells a story through a new medium,” she says, “and tell it in a more authentic way.”
Lohan also explains the more technical steps involved in creating an NFT, from properly minting a work to properly backing it up and the money it makes.
As for making money, the Freaky Friday star says in step six, “There are a number of different ways you can do this, but the best way to get discovered is to build a community that is your creative personality from day one involves. Give people something more than just an NFT. “
“Access to a stronger creator-buyer relationship is key,” Lohan points out.
The actress also explains that building a community provides more “selling power” that can later be used to “empower other smaller artists to keep the cycle going”.
The best-selling NFT to date is owned by an artist named Beeple, who sold his digital artwork for a whopping $ 69 million.
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