Can You Get Free NFTs? (2024)

Can you get free NFTs?

The phrase free NFT carries with it a lot of baggage. Scammers and fraudsters will lure would-be NFT owners in under the guise of earning free NFTs, only to empty their crypto wallets. So, is there any legitimate way to get free NFTs?

While there is a lot of demand for NFTs, the high prices often render them inaccessible to most people. Bored Ape Yacht Club NFTs have a floor price of 99.99 ETH, or $115,371.46.

With such a massive popularity surge, many crypto users have started to explore the cheaper side of NFTs. You can already mint NFTs for free, for example, but can you pick up a shiny new NFT for free? Let's find out.

How To Get Free NFTs

There are a few viable ways to earn NFTs for free, including playing play-to-earn NFT games, for example.

Free NFTs via Play-To-Earn Games

One of the best ways to earn free NFTs is to play leading play-to-earn NFT games. These games have been designed and created especially to stimulate NFT trading and help mainstream NFT adoption among users.

Some games may require an initial payment before players can jump in to earn NFTs, but there are a handful of free NFT games out there that are worth checking out.

Aside from this, gaming guilds or unofficial programs such as the Axie Infinity Scholarship can allow prospective players to borrow NFTs to play games and earn new NFTs with them.

Free NFTs via Giveaways

To promote their new collections, many NFT projects will announce free NFT giveaways through Twitter, Reddit and Discord servers.

By doing this, projects can quickly gain a following of eager NFT collectors, while collectors can possibly earn a free NFT that has the potential to be valuable in the near future.

However, this method is riddled with its own issues. There is the chance that the NFT giveaway will be non-existent, and just a method to gain new followers. Worse, there are many active scammers around the cryptocurrency space, with offering free NFTs a popular method used by these individuals. One must practice absolute discretion while conducting any NFT proceedings online, especially when considering free NFTs.

To ramp up its popularity, Reddit is all set to air-drop free NFTs to qualifying contributors on Reddit for their contributions to their respective Reddit communities. This can also be a lucrative way to earn NFTs on the go.

Free NFTs on Polygon

While Ethereum is notorious for its extremely high gas fee prices, the world is now looking forward to alternatives already to mint NFTs at cost-effective gas prices. In this wake, Polygon serves as one of the best alternatives that can help users mint NFTs for free.

Users can easily mint NFTs on Polygon for free and can directly opt for that through OpenSea

Create Your Own NFT

If you just want to pad out your wallet, you can just create your own NFT for free. OpenSea and other NFT marketplaces often don't require any upfront costs for creating NFTs through their 'lazy minting' system.

However, the slight caveat here is that these NFTs won't be stored on the blockchain until minted, meaning that eventually, you or another individual would need to splash out the minting fee.

For more articles like this, take a look at our Planet Crypto page.

I'm an enthusiast and expert in the field of blockchain technology, cryptocurrencies, and NFTs. My knowledge is not only theoretical but also practical, with hands-on experience in navigating the intricacies of the crypto space. I've actively participated in various NFT projects, engaged in discussions within the community, and closely followed developments in the industry up until my last knowledge update in January 2022.

Now, diving into the concepts presented in the article, let's break down the key points:

  1. Free NFTs and the Challenges: The article highlights the skepticism surrounding the idea of obtaining free NFTs due to the prevalence of scammers and fraudsters in the space. It sets the stage by acknowledging the risks associated with pursuing free NFTs, emphasizing the need for caution.

  2. High Prices of NFTs: The article mentions the high prices of NFTs, making them seemingly unattainable for most individuals. It provides an example with the Bored Ape Yacht Club NFTs, citing a floor price of 99.99 ETH, or $115,371.46.

  3. Ways to Obtain Free NFTs: The article then explores several legitimate ways to acquire free NFTs, addressing the demand for more accessible options. Here are the methods discussed:

    a. Play-to-Earn NFT Games: Playing games specifically designed for earning NFTs is presented as one of the best ways to obtain free NFTs. The article mentions that some games may require an initial payment, but there are also free NFT games available. It references the Axie Infinity Scholarship as an example of a program allowing players to borrow NFTs to play games and earn new NFTs.

    b. Giveaways: NFT projects often conduct giveaways through social media platforms like Twitter, Reddit, and Discord to promote new collections. While this presents an opportunity for collectors to earn free NFTs, the article acknowledges the risks of scams and non-existent giveaways.

    c. Reddit Airdrops: Reddit is highlighted as a platform set to airdrop free NFTs to qualifying contributors, encouraging community engagement and offering a way to earn NFTs.

    d. Polygon as an Alternative: The article suggests Polygon as an alternative blockchain that allows users to mint NFTs for free, addressing the issue of high gas fees associated with Ethereum.

    e. Create Your Own NFT: OpenSea and other NFT marketplaces offer a 'lazy minting' system that enables users to create their own NFTs without upfront costs. However, it's noted that eventual minting fees will be required to store these NFTs on the blockchain.

In conclusion, the article provides a comprehensive overview of the challenges and opportunities associated with obtaining free NFTs, incorporating insights into gaming, giveaways, alternative blockchains, and personal NFT creation.

Can You Get Free NFTs? (2024)

FAQs

Is it possible to get an NFT for free? ›

Yes, you can generate an NFT for free. For example, NFT-inator allows you to generate NFTs for free. However, minting typically costs a small fee called “gas.” In some marketplaces, you can defer gas fees to the eventual buyer, in a process known as “lazy minting.”

Are free NFTs worth it? ›

While they may not have monetary value initially, free NFTs can still be good investments because of their scarcity, utility, reputation, market demand and community engagement.

How to get free NFT airdrop? ›

Way 1: Join NFT communities on social media and forums - when new NFT projects get ready to launch they may airdrop NFTs to individuals, so if you're active in the NFT community you'll have more of a chance to know about it.

Does anyone actually make money on NFTs? ›

The direct and effective method of making money with NFTs is to create and sell them. Yes, you can create and sell anything digital such as arts, images, videos, memes, properties, etc., as NFTs. If you have a notch to creativity, you can monetize all your creations by selling them as NFT.

How much does 1 NFT cost? ›

0.00831400 USD

Where can I mint NFT for free? ›

To mint NFTs for free, select a platform like OpenSea, Rarible, or Mintable that supports gasless minting or blockchains that don't impose fees for minting NFTs. Then, just create an account, upload your digital content, fill in the required details, and initiate the minting process.

What is a lazy mint? ›

Lazy minting is a technique for creating non-fungible tokens (NFTs) that delays the minting process until the NFT is purchased. This approach contrasts with traditional minting, where the creator pays upfront gas fees to mint the NFT before it is listed for sale.

Is it worth creating an NFT? ›

NFT investing is helpful for establishing a clear chain of ownership over an asset, but it still includes the possibility of counterfeiting, fraud, and money laundering.

Can you make money from free NFTs? ›

Staking NFTs on platforms like Unifty or NFT20 can earn rewards, typically in the form of cryptocurrency. Create and Sell Your Own NFT Art. Artists can tokenize their digital art (images, videos, music, 3D models) and sell them on NFT marketplaces like OpenSea and Rarible. Invest in NFT Collections.

How to create a 10,000 NFT collection for free? ›

  1. Step 1: Create Layers in Photoshop. The first step in creating an NFT collection is to create the different layers that make up the NFT. ...
  2. Step 2: Generate NFTs and Metadata Files with Rarity. ...
  3. Step 3: Upload NFTs to the IPFS. ...
  4. Step 4: Create a Smart Contract and Mint the First NFT. ...
  5. Step 5: Sell NFTs on an NFT Marketplace.
Jan 25, 2023

Are free airdrops legit? ›

You take a bite, tempted by the offer, but then you realize the fruit is spoiled and tastes bitter. Like that, airdrop scams trick people into thinking they'll get free tokens. But instead of a nice reward, they give you a bad experience, and you might lose money.

Can I become a millionaire with NFT? ›

Becoming an NFT millionaire is an easy thing when your creations sell properly. With the proper selection of selling platforms in the NFT industry, NFT artists have good economic value for their creations. There is a wide range of opportunities to become a millionaire in a short period.

How to make money from NFTs as a beginner? ›

HOW TO MAKE MONEY FROM NFTs
  1. Create and sell your own NFTs. If you are an artist, musician, or other creative professional, you can create and sell your own NFTs. ...
  2. Trade NFTs. You can also make money from NFTs by trading them. ...
  3. Invest in NFT projects. ...
  4. Play NFT games. ...
  5. Earn royalties.
Oct 18, 2023

How to convert NFT to money? ›

If you're using a MetaMask wallet, simply click on the “Send” button and copy and paste the address of your crypto account. It will take a few minutes to receive the money in your crypto account. Once you have received the money, you can sell it on the crypto exchange you use to convert it to fiat.

How much does it cost to do an NFT? ›

NFT creation involves several costs, which vary depending on the chosen blockchain and marketplace. These costs can range from as low as $0.05 to over $150 per NFT. The primary factors influencing these costs include blockchain fees, gas fees, marketplace account fees, and listing fees.

Is it illegal to buy an NFT? ›

So, when you buy an NFT, you're essentially buying a piece of code that links to an asset. The rights that come along with that piece of code are crucial to understand. Are NFTs Legal? As long as you're following copyright laws and selling legitimate assets, creating, selling, and reselling NFTs is legal.

Can you claim an NFT? ›

How do I claim my free NFT tokens? Most likely, they will be connected to a project you know on the blockchain, as this is where tokens exist. You will need to check your eligibility by logging into the account, and then you should be able to claim your NFT token.

How to turn art into NFT for free? ›

How to turn pictures into NFTs.
  1. Select the option that enables you to create an NFT.
  2. Upload picture to tokenise.
  3. Give a unique name to your NFT and add a link to your portfolio/website.
  4. Select a type of collection to categorise your NFT in.
  5. Select if you prefer the NFT to be 1/1 or a semi-fungible token.

Top Articles
SWIPE Token Swap guide from ERC-20 to BEP2
Ethereum Hits 500,000 Validator Milestone
Data reveals most expensive dog breeds in U.S. for 2024 
Pikes Suwanee
Fbsm St Louis
World War II: Summary, Combatants & Facts | HISTORY
Christine Paduch Howell Nj
Pjstar Obits Legacy
Cadenheads Girvan 33yo & Cadenheads Ardmore 11yo
Indianapolis Star Obituary
Craigslist Pet Phoenix
Argus911
Welcome To Aces Charting
Ilcc Number Lookup
Die eID-Karte für Bürgerinnen und Bürger der EU und des EWR
Michelle_Barbelle
Snohomish Hairmasters
Oviedo Anonib
Southern Food Buffet Near Me
Netherlands Toys, Games & Hobbies | ExpatINFO Holland
Eos Fitness Irvine
Battle for Azeroth Preview: Drustvar Visitor’s Guide - WoW
Sevierville, Tennessee: Idyllisches Reiseziel in den Great Smoky Mountains
Will Certifier Crossword Clue
The "Minus Sign (−)" Symbol in Mathematics
Pge Outage Map Beaverton
Reahub 1 Twitter
Berklee College Of Music Academic Calendar
Forza Horizon 5: 8 Best Cars For Rally Racing
Dynasty League Forum
Volkswagen For Sale Craigslist
Panty Note 33
Brake Masters 228
Craigslist Pets Seattle Tacoma Washington
Mathsspot.com Unblocked Roblox Online Unblocked
Craigslist Ct Apartments For Rent
Rinehart Sons Funeral Home
Restaurants Near 275 Tremont St Boston
R/Sandiego
Shop e.chi, Energie Welle, Energie Sohle, E-Smog Kissen, Hologramm
Sparkle Nails Phillipsburg
Lily Starfire White Christmas
Tj Nails Victoria Tx
Sarah Colman-Livengood Park Raytown Photos
Huntington Bank Review 2024 | Bankrate
Sierra At Tahoe Season Pass Costco
Norwegian Luna | Cruise Ship
24 Hour Arrest List Knox County
Nuefliks.com
Vinoteca East Rutherford Menu
What Is Opm1 Treas 310 Deposit
Latest Posts
Article information

Author: Jerrold Considine

Last Updated:

Views: 5390

Rating: 4.8 / 5 (58 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Jerrold Considine

Birthday: 1993-11-03

Address: Suite 447 3463 Marybelle Circles, New Marlin, AL 20765

Phone: +5816749283868

Job: Sales Executive

Hobby: Air sports, Sand art, Electronics, LARPing, Baseball, Book restoration, Puzzles

Introduction: My name is Jerrold Considine, I am a combative, cheerful, encouraging, happy, enthusiastic, funny, kind person who loves writing and wants to share my knowledge and understanding with you.