Overview: Memes as NFT

  • Non-fungible tokens are digital assets that are unique and cannot be replicated or destroyed by external interference.
  • NFTs represent image files, trading cards, digital art collectibles, music files, etc.
  • Memes are entertainment products that originated from the internet world.

The internet world has been around the block for a very long time. This cutting-edge and trending technology has produced numerous great platforms and products that were called impossible a few decades ago. Among these intellectual creations, nothing has entertained us more than the arrival of memes. The realm of memes literally dominated the early 2010s and it is still regarded as a dominant entity among the internet community. There have been numerous digital products being launched into the digital world and NFTs are one of them. The concept of monetizing anything has been a trending scenario in the present time and what if we could monetize memes?. The notion of the non-fungible token is the perfect answer which enables you to sell your NFT memes for millions of dollars.

Monetize Your Memes With NFTs

Almost every social media user would have come across a single meme in their time on the internet. Flexibility is the primary reason for its immense popularity. Memes can be integrated with any topic, such as sports, cinema, politics, science, etc. Till the arrival of NFTs, the memes were nowhere near the concept of getting monetized. But now, NFTs have broken that barrier and are allowing meme creators to make a living out of creating memes and entertaining the internet community with their talent and intelligence.

Non-fungible tokens are unique digital assets that secure the ownership of the product using blockchain technology. Any physical asset that has the potential to be digitized, including tangible and intangible assets, can become an NFT. Since memes already exist in the digital form, it is a perfect candidate to become an NFT. This combination of domains has revolutionized the internet world. Almost all the classic memes we laughed about and passed our time have become an NFT and sold over hundreds of thousands of dollars in NFT auctions organized by top-tier NFT marketplace for memes.

Classic Memes That Were Sold Exceptionally

  • Disaster Girl

Disaster Girl is one of those classic memes that is still presented and being circulated around the internet. This meme originated in the year 2005, where Zoe Roth, a 4-year-old, was standing in front of a burning house and posing for a picture with a devilish smile on her face. This image was uploaded by her father on the internet. This image became viral and was converted into a meme and still now, it has been used in many meme representations.

This popular meme was sold as an NFT in an auction conducted by the Foundation NFT marketplace. This classic meme grossed a hefty sum of $500,000 USD and made headlines in the digital space. This became one of the most initial protocols that enabled many meme creators to monetize their talent.

  • Bad Luck Brian

This classic meme came into existence from the year 2012. When a yearbook picture of Kyle Craven was posted on Reddit by his best friend went viral. This image was used as a meme, synonymous with bad fortune and disaster ahead content. This digital product was later on sold on an NFT marketplace called the Foundation. It grossed a sum of $36,164 USD.

  • Doge Meme

This classic meme first originated in the year 2010. It is a picture of a dog of the Shiba Inu breed. This simple, heartwarming image spread across the internet like a wildfire. Even now, this meme is trending and being used by meme creators as templates for their representations. Due to its astonishing popularity, its value kept on increasing as years passed by. In 2021, this classic meme was sold for a majestic 4 million dollars, making it the highest-selling NFT meme ever. It was sold on an online auction organized by an NFT marketplace called Zora.

Monetize Memes As Your Primary Business

The conversion of a meme into an NFT is a very simple process. Meme creators just have to drop their unique meme into an NFT marketplace platform, add the required details, list the NFT or bid an auction to raise the market value, and sell the NFT meme. The process is very simple and smooth. But, meme creators can also make it a business by developing their own NFT marketplace for memes platform exclusively for the trading of memes or can even include other digital assets to raise profits. As the digital market is being dominated by NFTs, creating your own NFT marketplace is a smart move. All you have to do is hire a top-tier NFT marketplace development company that has exceptional skills and expertise in developing the NFT marketplace of your choice.

Conclusion 

The notion of memes has been trending for a really long time. It has been an efficient and safe way of delivering a message to a person, it can be funny or it can be a message to ponder upon. Memes have always been very resourceful and entertaining. To transform these exceptional digital assets into NFTs has been a great bonus for meme creators. As long as the internet medium grows, the meme division will also grow along with it and pave the way for many exciting new inventions.

Also read about: Free Online Movie Streaming Sites 2021 – No Sign Up Required


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By Anil Kondla

Anil is an enthusiastic, self-motivated, reliable person who is a Technology evangelist. He's always been fascinated at work especially at innovation that causes benefit to the students, working professionals or the companies. Being unique and thinking Innovative is what he loves the most, supporting his thoughts he will be ahead for any change valuing social responsibility with a reprising innovation. His interest in various fields and the urge to explore, led him to find places to put himself to work and design things than just learning.

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