Quick Summary
- If you cannot afford Bored Apes, CryptoPunks, or other popular non-fungible tokens, you may be able to obtain them for free.
- NFTs have dropped significantly in value in 2022 after the NFT hype in 2021, but creators and collectors are still making money from them.
Many ways exist to earn free NFTs, from participating in airdrops to playing play-to-earn games. Find out more by reading on!
Related: How to Learn Web3 Development for Beginners
Airdrops
Participating in NFT airdrops might be the easiest method of freeing NFTs. Airdrops are free distributions of tokens or other cryptocurrency assets by a project to its community. Promoting a project, growing its community, and rewarding loyal users are all common goals.
In general, airdrops go to people who are already associated with a project in some way, such as holding specific tokens or taking part in social media campaigns. NFT airdrops are promoted regularly on social media accounts and in airdrop alert newsletters, so sign up for them. Those who are interested should review the requirements and provide their wallet addresses to receive their tokens. In terms of cybersecurity and privacy, it’s probably best to separate your web3 wallet from your airdrop wallet.
Giveaways
Another way to get free NFTs is to participate in NFT giveaways. It is possible to find them in several different ways. Keeping an eye on social media platforms such as Twitter and Reddit is one way to do this. The team behind an NFT project often runs a giveaway when it is launched to promote its work. You should follow the instructions on how to enter if you see something you are interested in.
Alternatively, you can search for NFT giveaways online. It is possible to find many different websites and forums where people are giving away free NFTs by searching Google. A specific keyword search such as “NFT airdrop” or “NFT giveaway” may also be helpful.
Participating in bounties is another way to earn free NFTs. Marketing or development projects regularly offer bounty programs to help with their efforts. Creating a YouTube review or tweeting about the project might be expected.
In most cases, you will need to get whitelisted to participate in an NFT giveaway. The process of whitelisting involves a website or service adding your wallet address to its list of approved users. The result is that you will be able to access content or features normally reserved for other users. You may even have exclusive access to certain items, such as NFTs and events.
Play P2E games to earn NFTs
Play-to-earn games are another popular way to score free NFTs. Blockchain games powered by NFTs allow you to earn free NFTs by scoring points or by winning battles with other players. NFTs you receive in play-to-earn games are free, but you will have to pay upfront to obtain the characters in these games.
Breeding NFTs
Some of the leading NFT games allow you to breed NFTs as well as win free NFTs in blockchain games. Axie Infinity and CryptoKitties are two popular games that offer breeding services.
Conclusion
There are several ways to get free NFTs, each with its own advantages and disadvantages. You have to determine which method is most suitable for you at the end of the day. There are plenty of ways to earn them, from participating in games to taking part in giveaways or airdrops.
Regardless of the method you choose, make sure you do your research beforehand. Keeping this in mind will help you avoid scams and get free NFTs that you can sell for cryptocurrency.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
