Ez Money :')
/s
Alot of work, need a dedicate team who knows their shit
Not just devs stuff, but the industry, art, community, management, marketing, content
all comes into play to really keep it going.
I flipped some NFTs in a collection. At first I got my money back, but with the profit I bought more to continue flipping. Since then the interest died down and now I have NTFs nobody wants. The good part is I am not in a loss. Took out the money I initially invested.
Fees on Ethereum were pretty expensive at the time. That's a downside. Would be nice if they were on a layer 2 or something.
tips: On Opensea you can set a selling price for 10 ETH and 6 months for example. Then you set a lower price for 3 - 7 days as a temporary offer. This way all the bots that track collections will create a discord/twitter notification that your NFT is listed. You basically spam them. You don't pay fee, just the first time.
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