How Do You Make Money by Promoting NFTs?

Affiliate marketing offers a way to generate passive income online, but is it easy to get started on it? How is blockchain helping make affiliate marketing transparent and secure? Let’s take a closer look.

What is an NFT?

For those of you who are not yet familiar with the term – NFT stands for non-fungible token. NFTs are unique cryptographic tokens that exist on a blockchain and represent digital or real-world items.

Much of the earlier market for NFTs was centered around digital art and collectibles, but it has evolved into much more. REminto Marketplace features NFTs in the following categories:

• Art - A generalized category of NFTs that includes everything from pixel to abstract art.
• Music – A music NFT is linked to an individual song, EP, album, or video clip.
• Videos - Video NFTs are non-fungible tokens that are in a moving picture form.
• Photography - Photographers can tokenize their work and offer total or partial ownership.
• Collectibles - Most often, a digital collectible is an NFT that contains some sort of media file (like a digital image, video, or song) that has a few properties that set it apart from other digital collectibles (i.e., Bored Ape Yacht Club, Crypto Punks). It also refers to tokenized digital trading cards.
• Games - A gaming NFT is an NFT associated with any digital item from the realm of online gaming: in-game items, characters, skins, and avatars.
• Sports - Collections of digital art based on celebrities and sports personalities.
• Fashion - Fashion NFTs are typically digital assets created by fashion and apparel brands.
• Utility - NFTs that can represent membership or unlock benefits.

How Big is the Market for NFTs?

The global NFT market size was valued at USD $20.44 billion in 2022. As we move into 2023, many are wondering if the NFT market will continue to be profitable. The following highlights from Statista.com define the trends that are expected to be seen on the market:

Revenue in the NFT market is projected to reach USD $1,601.00m in 2023.

Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 18.55% resulting in a projected total amount of USD $3,162.00m by 2027.

The average revenue per user in the NFT market amounts to USD $114.80 in 2023.

From a global comparison perspective it is shown that the highest revenue is reached in the United States (USD $781,900.00k in 2023).

In the NFT market, the number of users is expected to amount to 19.31 million users by 2027.

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What is an NFT Affiliate Program?

Affiliate marketing is the process by which an affiliate earns a commission for promoting a product they enjoy. Crypto, Web3, and NFT enthusiasts can leverage the power of affiliate marketing to bring exciting new products and projects to their audience and earn additional revenue from affiliate links.

Whether you’ve built your audience on YouTube or Instagram, have an email newsletter with high engagement rates, or are already deep into the Web3; if you’ve got an audience that are passionate about crypto and NFTs, then joining an NFT affiliate program is the best way to monetize content.

Affiliate commissions are handled securely with the use of smart contracts, so every time you refer a mint through your affiliate link, the commission is automatically transferred to your wallet. Blockchain and decentralization bring affiliate marketing to a whole new level, where all the processes are automated, transparent, and secure.

How Do You Make Money with REminto?

It’s really easy. All you have to do is:

Go to REminto Marketplace and choose from our variety of NFT projects the one that you like the most – it’s more efficient to recommend the product that you like yourself 😉

Click “Become an Affiliate” button, connect your Web3 wallet, and get your affiliate link for the selected project.

Start promoting the project and your affiliate link to your audience via whichever channels and platforms you are most active on.

Watch the affiliate commission payments start rolling in to your wallet!

It’s that simple!

Become an Affiliate Now

Best Practices for Promoting NFTs Through Affiliate Marketing

If you are just getting started with affiliate marketing it might seem a bit tricky, but if you follow these expert tips you’ll see growing commissions in no time!

Tip One: Target the Right Audience with the Right Product

Know who you’re catering to and choose a product to promote that would be most interesting to your audience. For example, if you notice people get eagerly engaged when you talk about music, it might be a good idea to recommend a music NFT to your audience.

Tip Two: Create Compelling Content

Give value to your audience with your content. Use the marketing materials (images, texts) from the product page on REminto Marketplace to make the content look nice and engaging. If your content is memorable enough, referrals will come in with ease.

Tip Three: Track Performance

You might be promoting several compelling offers simultaneously. Use your REminto account dashboard to track your performance. See which products convert best with your audience. Adjust your strategy when needed to optimize your marketing efforts and increase profits.