NFT Stake
NFT staking is a new way of making money from NFTs by locking them in smart contracts. The holders or collectors can lock their NFTs in staking platforms and earn rewards and other privileges. This way, you can earn passive income while still having ownership of your NFTs.
Because of the inherent nature of NFTs, collectors buy, hold, and speculate on the value of NFTs. But, NFT staking allows you to monetize your assets without losing them by selling. It also increases the demand for NFTs by attracting more investors to participate in NFT staking platforms.
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