NFT Tokens were one of the buzzwords of 2021. However, as early as 2020, digital artists were already beginning to experience an increase in awareness of their craft. But the 2021 bull run brought everything to the fore. And despite our current bear market, digital arts remain a vital part of the system. Interest in these digital items has transcended the crypto space and everyone wants a piece of them.
How to get free NFT tokens?
That sounds really tempting, doesn’t it? The best part is that going after these freebies isn’t always a waste of time. With the bear market hitting as hard as possible, everyone is looking for ways to win and reduce the risk of losing.
While some of these free NFTs involve printing money, projects sometimes use these digital assets to reward their members. Thousands of crypto users have Googled this question, and luckily there are several ways to get NFTs without paying a dime. Sounds good, right? Here are some ways to get free NFT Tokens.
1) Airdrops
cryptocoin.com As readers, you may have heard of airdrops. Airdrops include projects giving away free tokens to raise awareness about their projects. Often times, projects make this gift on their first day or when they introduce an upgrade or feature. The whole idea of an airdrop is to get as many people on board as possible. Some of the biggest names in the NFT market sometimes hold airdrops for their users. NFT projects sometimes use celebrities to raise awareness about their collections. For example, global stars like Paris Hilton and Jimmy Fallon have joined the Bored Ape Yacht Club. He was also featured in a televised draw of NFTs from the collection.
For BAYC holders, Mutant Veils is one of the best-known examples of an NFT airdrop, where Bored Ape NFT holders receive an exclusive airdrop of Yuga Lab’s second project, Mutant Ape Yacht Club. This free airdrop to Bored Ape holders is estimated to be worth $50,000 as of January 2022. Here is an example:
2) Free edition
Some projects provide free printing to quickly expand and generate interest. Aside from the gas fee to print the piece on the Blockchain, there are usually no upfront costs associated with free mints. However, keep in mind that some Blockchains may have higher costs than others. For example, free mints on Ethereum can cost up to $100 due to increased gas fees. Here is an example:
3) NFT giveaways
NFT Tokens often offer free digital assets to participants in exchange for their participation. For example, several NFT-related Discord communities are giving their members access to free NFTs. Also, some projects reward Discord participants with free NFTs. Let’s not ignore how the Cryptopunks project started. Currently, this NFT collection is one of the most valuable collections. But in 2017, anyone with an ETH wallet got it for free. The collection has gained popularity thanks to word of mouth and its active community.
4) NFTs of Play-to-Earn games
Signing up for play-to-earn games is another way to earn free NFT Tokens. These games encourage NFT trading. Players earn rewards by defeating other opponents or completing missions. The prized NFTs here are one of the most basic use cases for this asset class. A good option for exploring P2E games. Some games in this category include Axie Infinity, The Sandbox, and Sorare. Here is an example:
What to do with free NFTs?
Free NFT Tokens are sometimes misleading. Most projects are playing tricks on their users by not keeping their promises. Therefore, intersecting with digital elements requires some kind of care. After you get your free NFTs, you can decide to do different things with them:
- Get your free NFTs, especially game-based NFTs, for cash.
- Display your NFTs or keep them to make them more valuable.
Are Free NFT Tokens worth it?
Free NFTs depend mainly on the integrity of the platform that issues them. It is important to be careful when dealing with the crypto space. NFTs are speculative assets. This means that there are many factors that determine whether NFT is worth the experience. Therefore, if the project fails, your NFT may be worthless. But there are many opportunities if the projects eventually succeed. For example, those who bought the Cryptopunks collection, which was very popular in 2017, for free are now benefiting from it.
Are Free NFT Tokens safe?
NFTs involve a lot of risk as there are so many scammers. To ensure your safety, make sure the project issuing the NFT is legit. Do research about them and learn more about their team. If you feel anything suspicious about the project, their free NFT may be contaminated as well. Therefore, to stay on the safe side, never:
- Your seed sentence etc. Do not share sensitive information such as
- Do not open any files from unknown sources.
- Once you are sure of the project, you can proceed with the giveaway or airdrop procedures.
Are free NFTs a scam?
Not exactly. There are many legitimate free NFTs as well as scam projects. Many projects do not aim to distribute NFTs, but simply use them to gain awareness and participation. Also, there is some scam and risk in the market in general. So, this also includes free NFTs. But if you do your due diligence by making sure the project is safe, you don’t have to worry.
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