In this article, we will dive into the question: *Why are some NFTs selling for millions? * History of Non-Fungibilityīefore metal coins were first used as money around 5000 BC, goods and services were traded for other goods and services without a currency. Depending on the (perceived) value of an NFT, its price can range from zero to over a million dollars. NFTs are unique blockchain-based digital assets representing a virtual or physical item. The NFT market is booming, with some digital collectibles selling for millions of dollars. This is the most common way to make money in the game.įor example, in December 2017 a Cryptokitty has been sold for $100,000.Learn why some NFTs are selling for millions even though they are “just” images on the internet.

Breed Kitties: When you breed your Kitties together and make offspring, you can sell either the parents or the offspring.You’ll get the majority of the payment, but every transaction made in Cryptokitties takes 3.75% of the sale for itself. Having your kitty placed as a Sire in the game is another way to earn money. Sire Kitties: Kitties don’t have gender.Purchase and Sell: You can buy kitties, and then turn around and re-sell them for a higher amount, especially if you have a cat with positive traits.You can use the kitty calculator to understand good kitty-traits thats sell for more on the market. To do it the right way, you’ll want to understand what would be good breeding patterns. Otherwise, you can choose one of your kitties to breed with another player’s Sires. To start breeding, simply choose one of your existing kitties to be the Sire (this would be the daddy kitty), then select one of your other kitties to be the Dame (the mother). Once you have your first one, you’re ready to start making money, mainly through breeding.

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