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Making money in the crypto world has come a long way since the early days of buying altcoins and hoping for the best. Nowadays, there are many ways to speculate on assets, from staking and liquidity pooling to DeFi and NFTs. Today, we’re going to look at how to make money with NFTs from two projects specifically: Moonbirds and Chronoly.io (CRNO).
Moonbirds saw a meteoric rise back in April 2022 with their viral pixel art profile picture NFTs of owls. In less than a week, Moonbirds achieved what all NFT projects hope to achieve: reaching the top 10 grossing NFT collections of all time. It pulled in $300 million in secondary sales within a few days, and now, Moonbirds are selling for a minimum of 12 ETH (nearly $20k).
There are two ways to make money with Moonbirds: flipping them and nesting. Nesting is a process similar to staking, where Moonbirds are locked up for a while while they accrue benefits. Unlike many NFT projects that reward users in native utility tokens, Moonbirds rewards users with higher status for their NFT. Although this level does reset if the NFT is sold, it allows holders to accrue more advanced rewards and drops that can then potentially be sold for profit.
Of course, the limited number of Moonbirds and their ever-growing demand will naturally lead to an increase in price over time. One Moonbird at launch cost 2.5 ETH and now, they’re selling for 5x that amount. If you can afford to drop $20k on an NFT, this is likely the best way to profit from Moonbirds.
But if you don’t have $20k, there is another way to generate profit from NFTs through Chronoly.io (CRNO) (CRNO). Chronoly.io (CRNO) has minted a collection of NFTs tied to rare watches from brands like Richard Mille, Patek Phillipe, and Rolex. They hold these watches in safety deposit boxes worldwide, so you’re actually investing in the real thing, not a profile picture.
You don’t need to be able to afford the genuine article either; you just need to be able to invest a minimum of $10 in one of their fractional NFTs. That’s right; you can invest in some of the world’s most exclusive watches without needing to drop thousands.
With the luxury watch market set to grow by billions over the next few years, investing in inflation-resistant timepieces is a prudent move long favored by the rich and powerful – as is investing in Chronoly.io’s (CRNO) growth as a whole through their CRNO token. But they’re not just an NFT company. They have a whole marketplace dedicated to trading these fractional shares, and its popularity will only grow.
The CRNO token fuels the Chronoly.io (CRNO) ecosystem, and offers rewards from staking and entries into a luxury watch prize draw every month. Right now, its native token is trading for a bargain $0.079, already up 690% from May’s price of $0.01.
With presale ending at the end of the month, now is the perfect time to get in and make a tidy profit. Many crypto and NFT experts are calling Chronoly.io (CRNO) the next big NFT project, and they expect CRNO to skyrocket to between $0.50 and $1 by then – a potential 10x gain 1 in less than a month.
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Presale: https://presale.chronoly.io/register
Twitter: https://twitter.com/Chronolyio
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