First of all, are people really making money with web3 domain names? If so, how can you make money with NFT domains too? Let’s face it.
How to make money with domains?
Let’s be clear, speculating with domain names is something almost as old as the Internet. The same way you can buy real estate or land property and flip it for a profit the same occurs with domain names. Good examples of that are cars.com which was sold for the mind-blowing amount of $827M. Yes, you are reading it right. But there’re dozens of examples of “traditional” domains that were sold by +10M USD. But the business doesn’t stop here. The options are endless: register new domains and sell them, buy domain names and word on them to bring in some traffic to increase their price, buy and resell expired domains…
Out there are several companies that this is their business model. And almost all of the domain name registrars offer domain flipping services, domain brokerage, escrow services…
Make money with NFT domains too
If you are reading this, you’ll probably know that NFTs were created to make a profit. And with all the mentioned before about domain names, it’s obvious that NFT domains name can make more money easier. If you want to know more about what are or how to buy them, I’ll love our article on how to buy NFT domains.
The way is even simpler. When you bought an NFT domain such as .eth or .bitcoin domain name, you already own a property registered in the blockchain. So, the same way any other NFT is sold for a profit on sites like OpenSea, like bored apes, for instance, you can sell your own NFT domain name. This is how you can make money with NFT domains. Simple as that.
How to sell NFT domain names with Unstoppable Domains or OpenSea
Once again, EZ. NFT domains are sold exactly the same as any other NFT. You only need to link your wallet before. Then, go to OpenSea marketplace, head to Sell and select the NFT and its price.
From here, there is a process called minting, a term very used in the NFT ecosystem. Mint is the process to “upload” an NFT to the blockchain so you can sell it. If you want to take step by step process, I’d recommend you go to the following link.
Unstoppable Domains offer Premium NFT domains selections with the very best premium NFT curated for you. Ready to buy to make a profit from them or simply flex them on the social networks. It’s up to your swag!
Know more about NFT domain name profit possibilities
One of our favorite YouTubers, Matt Garcia, made an awesome video with deep research on what was the best-selling premium NFT domain names. But not only that, he analyzes the reasons behind it, so you can take an invaluable knowledge. I really encourage you to watch it. This is pure data and no bullshit.