• October 5, 2022

6 Digital Assets You Can Leverage to Make Money

 6 Digital Assets You Can Leverage to Make Money

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Have you been thinking of ways of making extra income? Digital assets have proved to be a simple and sustainable way of making money. The good thing about selling digital assets is that it requires little or no capital to start. Digital products are virtual items that can be paid for or downloaded instantly. They can’t be touched but have a monetary value. Best examples of digital assets include things like video games, movie and TV streaming, mobile applications, and so on. There are many reasons why people sell digital products online. One of them is low investment and considerably high returns. Besides, you don’t need inventory, a warehouse, or shipping when dealing with digital products. Here Are 6 Digital Assets You Can Leverage to Make Money

 

1. eBooks

eBooks have become a popular way of making passive income online. You don’t have to be a great author to create an eBook. All you need to do is to identify something you are passionate about and start writing about it. For example, if you love cooking, write an eBook on recipes or an eBook on weight loss if you are a fitness expert.

You will be surprised how many people will start buying your books. As mentioned earlier, you don’t need a lot of money to start writing and selling eBooks online. You may only require a computer and internet connection.

 

2. Online Courses

The internet has made it possible for people around the world to share knowledge. If you are an expert in something and love sharing, then online starting an online course is something to consider. There are millions of people who are always eager to learn remotely.

The COVID-19 pandemic made people appreciate the importance of remote learning. It created opportunities for learning institutions and individuals to sell courses online. Some of the areas of expertise you can leverage include yoga classes, sewing, guitar lessons, meditation, juggling, arts and crafts, photography, copywriting graphic design among others.

 

3. NFTs

NFTs are non-tangible assets. It is a relatively new concept in the cryptocurrency world. NFTs belong to the Ethereum cryptocurrency blockchain. They however store additional information that slightly makes them different from Ethereum coins. This type of asset has many advantages. For example, you can create your own NFT and start selling it online.

It is important to appreciate the fact that inventing in NFTs is a bit risky because there’s little information about them in the market. But it is a great opportunity for those who are already creating digital art. There are many platforms you can buy and sell NFTs.

 

4. Memberships

Membership is an ideal digital product for someone who wants to build recurring income and serve the community and the same time. It doesn’t matter whether you are planning to sell ebooks or charge a membership fee for anyone using your educational materials, membership can be a great stream of income.

Membership sites are not just aimed at a specific type of business. All you need is passion and niche expertise to create one. For example, with paid memberships, students can be allowed to participate in exclusive workshops, Q&A sessions and discussion groups.

 

5. Graphic Design Work

Are you a graphic designer? If the answer is yes, then you already have what it takes to create a digital item that can earn you some good money. This is because there are designers somewhere who may be in need of elements to perfect their work.

If you are passionate about graphic design, this is a chance for you to convert it into a digital asset. Textures, vector icons, typefaces and objects are just but a few of the digital products you can create and sell.

 

6. Digital Templates

Digital products can also be in form of intangible tools that help professionals perform tasks that either take a lot of time to accomplish or are outside their skill set. You can take that advantage to create and sell digital solutions to certain pain points and the needs of certain audiences. Examples of digital templates include Adobe Photoshop filters, digital strategy templates, and resume templates among others.

 

Closing Thoughts

In a nutshell, digital assets have become a common way of making extra income online. There are different types of digital assets such as ebooks, memberships and NFTs that you can leverage to make money.

 

Robin Williams

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