What if you could earn passive income from a Non-Fungible Token (NFT)?

In this essay, I'll go into the world of Non-Fungible Tokens as a source of passive income. This might be the next big thing in the realm of blockchain, cryptocurrency tokens, web 3, and decentralization to produce passive income.

When you comprehend the features of what are NFTs, you might come up with entirely different perspectives on them. You may construct a new economy around Tokenizing Digital Assets or even term it programmable money with the aid of NFTs.

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Disclaimer: The information in this post is for educational purposes only and does not represent financial advice. Never put money into something you can't afford to lose. Make your own analysis.

What is an NFT (Non-Fungible Token)?

We've all heard about the buzz around the NFT, which has been marketed as "digital art." As an NFT, you may make a lot of money by selling your own artwork. These first-generation NFTs appear to be nothing more than digital ownership of the artwork and serve no other purpose. As a result, you may name this a Natively Digital Asset, and it should contain the following criteria to ensure that it is genuine:

A token is used to represent it.

Natively worldwide Natively available 24 hours a day, 7 days a week Natively permissionless Programmable transactions

We might define this Tokenized Digital Asset of an NFT based on the prior qualities.

"A provably unique token with publicly verifiable wallet address ownership."

What if this happened...

What if we treated an NFT as a programmable asset/money that might give a source of 'passive income' while also looking good?

Let's look at a real-life token to see what possibilities exist. Let's go to the Turu Global ecosystem to get a Baby Turu NFT.

Turu Global established the Babyturu population as a community token. The Justin Sun baby Turu was coined and auctioned first, and the baby turn meme token became live once Justin was minted on the TRON network.

A single mint BabyTuru bird will rise from the ashes like a Phoenix for every one million $ Babyturu tokens burnt. Special programming has been added to this single mint Baby Turu NFT.

There have been 38 distinct single mint Baby Turu NFTs coined so far. There have also been 75 tribal members minted. Board members, Artist Club members, and Millionairclub members are among the other single-mint BabyTuru's up for auction... Perhaps some new efforts will emerge as well.

All of these NFTs are minted and sold on Kraftly.io, providing a consistent stream of passive revenue for the owner.

NFT Passive Income

Because of the characteristics encoded into the token, holding a Baby Turu NFT earns you passive revenue. This passive revenue will also instantly transfer to the next owner if you sell the token to someone else. The NFT-token has been coded with this information.

All of the original single mint BabyTuru NFTs in circulation will receive 40% of the next BabyTuru NFT's earnings, earn 200 $ Turu tokens each month, and divide a monthly drop of 250 k $BBT tokens equally.

There are also Babyturu tribes (Mass Mint BabyTuru NFT') that may be unlocked by minting regional heroes, in addition to the single mint BabyTurus with the above-mentioned bonuses.

If two regional heroes from the same region are minted as original Babyturus, a tribe from that region will be unlocked as a one-time random mint with additional mass mint auctions at a set charge.

There will be no more than ten tribes, each with two chiefs, and a mass mint of no more than 100 tribe members. The Pirate Tribe will be one of the tribes, and each leader will have a unique skill.

40 percent of the minting money goes to existing Babyturu NFT holders, as it does with every single mint Babyturu NFTs. Tribe NFTs, on the other hand, will not be eligible for profit-sharing from future mints and will instead earn 100 $turu tokens per month instead of the 250 $turu tokens that the initial Babyturu NFTs received.

The team introduces you to the Babyturu's sorted by category in the Babyturu gallery.

Possibilities are Endless

The possibilities are unlimited if you grasp the fundamentals and always ensure that the features of an NFT-token are maintained. Consider the option of financing the purchase of a home or other real estate.

For example, without a bank loan, you may become a real estate investor.

Normally, you would go to a bank and apply for a business loan to acquire finance for your property. Let's learn more about a Non-Fungible Token and how it may be used to fund the purchase.

• To buy the property, you'll need $100,000.
• You create a total of 20 NFT tokens.
• Sell the tokens for $5,000 USD in ETH, BSC, TRX, or any other cryptocurrency.

A part of the rental income is paid to the token holder as passive income. The holder can also vote on future decisions and potentially receive a portion of the profits if the property is sold at a profit in the future.

In this case, we'll keep things simple and rent the home for $12,000 per year.

It's possible that this is the case in this instance.

• The 20 NFT-token holders receive 60% of the rental income.
• 20% is set aside for upkeep in the future.
• The investor receives 20% of the profits.
• 60% of $12,000 is $7,200 USD
• 360 USD per year (7200 USD / 20 tokens)
• The annual percentage yield is 360/5000 *100% = 7,22%.
• The NFT will always be worth USD 5.000,- and can be traded on an NFT-marketplace. It will always maintain the NFT holder's passive income.

What do you think you can come up with?

What possibilities do you have in mind for the future? I believe that the possibilities are limitless, and that 'the middle man,' i.e. banks, will lose their right to participate at some time. We shall evolve into an open society in which everybody may contribute to the generation of passive revenue other than interest from banks.

I'm interested to see where these advances lead us. Please feel free to leave your thoughts and suggestions in the comments section; I like hearing about what you've discovered.

Turu Global is a genuine company.

The TURU Global website has further details.

Disclaimer

The information in this post is for educational purposes only and does not represent financial advice. Never put money into something you can't afford to lose. Make your own analysis.