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NFT Memes, or Tokenized Memes, are a new and innovative way to interact with the blockchain. Rather than being just a digital asset, like bitcoin or Ethereum, NFTs can represent anything—from virtual goods to physical objects. As such, they have the potential to revolutionize not just the way we shop and trade, but also how we think about ownership and data management. In this blog post, we will explain what NFT memes are and how you can invest in them.
What are NFT Memes?
Memes were once thought of as powerful social media tools due to their ability to quickly spread online and entertain a wide range of people. Then the NFT ethos emerged. With this, memes went from being a mere vehicle for sharing humorous content to having actual market value.
NFT Memes can now be bought and sold for substantial sums of money. The sale of the “Doge” meme NFT for $4 million has been widely reported in the media recently. The “Overly Attached Girlfriend,” which sold for $411,000 in Ethereum, is another illustration of the enormous sums of money that can be made through such transactions.
The sums in question do appear to be very intriguing. The first step in making money with NFTs is to define what they are.
The Top 5 Best NFT Memes Which Sold for Thousands of Dollars
The internet has made memes that go viral last forever. The good news is that gone are the days when their heartwarming, funny, or sarcastic content took over the internet without giving them much in return. In 2022, blockchain technology is behind the sharp rise of NFT memes. Viral memes and videos are selling for tens or even hundreds of thousands of dollars on the most popular marketplaces. The trend can only keep going up. As more NFT memes are sold for a lot of money, artists will be encouraged to make even more viral memes. This will create a positive feedback loop that will make the NFT meme market stronger. These top five NFT memes have already laid the groundwork:
Charlie Bit My Finger
“Charlie Bit My Finger” is a short, funny video of a young boy named Charlie Davies-Carr biting and laughing as he bites his brother Harry’s finger. It was a homemade video that was uploaded to YouTube in 2007. It became one of the first memes to really go viral, with over 900 million views. The video was sold as an NFT for $760,999 in May 2021, and YouTube then took it down. The original copies of the video, though, are still out there.
Kid of Success
In August 2007, a professional photographer took a picture of her 11-month-old baby, Sammy Grinner, with his fist full of sand and a look of triumph on his face. She uploaded the picture to Flickr, but she didn’t know that it would become an internet hit. Sammy’s picture spread like wildfire and became known as the “Success Kid” meme. CNN said later that the boy was likely the most well-known baby on the internet. Success Kid was sold as an NFT on OpenSea for 15 ETH in April 2021.
The Grumpy Cat is a cat named Tardar Sauce. Her owner’s brother, Bryan, posted a picture of her on Reddit in 2012. It got over 24,000 upvotes in the first 24 hours and took over the front page of Reddit. “Grumpy Cat” became a big hit on the internet and a cultural icon because of the cat’s look of disinterest and irritation. Grumpy Cat is the first cat to have a wax figure of itself at Madame Tussaud. The Grumpy Cat NFT was sold for 44.20 ETH in March 2021.
In the world of memes, the Disaster Girl is a picture of a young girl who is looking straight at the camera and grinning evilly while a house burns down behind her. Zoe Roth is the sweet little girl in the picture who was four years old at the time. The picture was taken in 2005 during a drill by the local fire department. It was a planned fire, and she and many other kids were asked to point the water hose toward the house that was on fire. Her father, Dave Roth, took the picture, and the meme of her daughter has been used many times in different historical disasters, like the Titanic sinking or the meteor that killed the dinosaurs. The “Disaster Girl” NFT sold for a huge 180 ETH in 2021. Zoe said that the money from the sale helped pay off her student loans. The Roth family still owns the rights to the picture and will get 10% of all future sales.
Bad Luck Brian
The “Bad Luck Brian” meme first appeared in 2012 when it was posted on Reddit by Ian Davies as a joke about his friend Kyle Craven with the funny caption “Takes driving test…gets first DUI.” Kyle was standing awkwardly in the 2005-2006 yearbook photo. The words to “Bad Luck Brian” talk about bad and sometimes tragic things that happen. Millions of people all over the world have used it to make fun of their bad luck. Kyle sold his meme at the Foundation, an NFT marketplace, for 20 ETH, or about $20,000, in 2021.
Art, memes, and NFTs all go together well. The people who make viral memes don’t know how people will react to them. But if they become popular on the internet, NFTs can be used to make money, which could change their lives.
The Best Way to Create an NFT Meme
If you’ve created a successful meme, converting it into an NFT is very easy. There is a plethora of online resources (websites, apps, and new businesses) that offer digital artists a place to host their files while they are being converted. First, you choose a file, then you create an Ethereum wallet and fund it with ETH. Your NFT can be listed, promoted, and sold in the wallet’s marketplace. Assuming you’ve got your meme prepared, everything else will fall into place.
What’s the point of getting into NFT investing and trading now?
The transition to digital formats is progressing rapidly. Given that modern problems require technological answers, NFTs are not passing fads. In the past, a digital copy of your work could be made in a matter of minutes. The originality of the work by the creator was compromised. NFTs, thanks to the security provided by the blockchain, have made the production of digital assets a viable business option. The opportunities for artists to be appreciated and compensated are expanding. Since then, many creative people have been able to show off their skills without fear of plagiarizing others’ efforts.
Should I really invest in an NFT?
NFTs can be bought and sold, but you can also rent them out for a period of time. One way for a creator or potential investor to acquire digital assets is through a lease agreement, in which the creator or investor agrees to make periodic payments in exchange for the digital asset’s ownership. In the present day, NFTs are becoming increasingly popular all over the world. A growing number of people will enter this field in the coming years. What’s even better? To participate in the trading of meme NFTs, you need neither artistic talent nor originality. Anyone with a serious interest in memes can open an account on a trading platform and start making deals.
How to invest in NFT memes
NFT memes are digital tokens that represent a specific piece of content, such as an image or a video. They can be used to buy items on online marketplaces or exchanged for other cryptocurrencies.
To invest in NFT memes, you first need to understand what they are and how they work. NFTs are essentially digital tokens that represent a specific piece of content (memes).
There is no official market for NFT memes yet, but there are several exchanges where you can trade them. Popular exchanges include Binance and Upbit. It’s important to do your research before investing in NFT memes, as the value of these tokens can change quickly.
In today’s world, it seems as though investing in NFTs is a popular way to make money. While this may be true for some people, it is important to remember that not all memes and trends are worth investing in. When making an investment decision, it is important to do your research and understand the risks associated with each NFT before you invest any of your hard-earned money.
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