How to Get Free NFTs in 2024

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Contributor, Benzinga
March 18, 2024
verified by Logan Ross

Are you interested in the growing world of NFTs but are reluctant to spend money for them? You might be surprised at how easy it is to get free NFTs in 2024. But first, let's understand what NFTs are.  

nft

Non-fungible tokens (NFTs) are one-of-a-kind digital assets that show ownership of digital or real things, such as art, collectibles or virtual real estate. Because they are becoming more popular, learning how to get free NFTs could let you explore this new and exciting area of technology.

How to Get NFTs for Free

Do you want to learn more about NFTs without spending any money? Fortunately, there are several ways to get these digital assets for free. Let's have a look at how you can do this.

1. Get Free NFTs from Freecash.com

Freecash is the fastest-growing website to make money online from anywhere in the world. The site operates like a get-paid-to (GPT) site where you participate in various activities, such as completing surveys, watching videos or playing games, to earn Freecash coins. 

Once you've earned a sufficient amount of these coins, you'll be able to exchange them for cryptocurrencies such as Bitcoin and Ethereum (among others) and use your crypto to purchase NFTs on any platform. The easiest and fastest way to use Freecash to get NFTs is by withdrawing earned money with cryptocurrencies and buying NFTs on OpenSea.

2. Get Free NFTs From Airdrops

An airdrop means giving away free tokens or NFTs to users who meet certain requirements, like holding a certain cryptocurrency or being a part of a particular group. Following the project hosting the airdrop's directions, like joining its Telegram group, following it on social media or participating in other engagement activities is usually all you need to do to participate. You can take advantage of opportunities by using Benzinga’s airdrop tracker to learn about new projects. 

3. Look Out for Free NFT Mints

Getting free mints is a great way to add NFTs to your collection without spending money. NFT projects may sometimes have events or sales where they mint NFTs and give them away for free. Providing free mints helps to generate interest in the NFT. 

Stay tuned to crypto groups, forums and social media to learn about these free minting events as they happen. Remember that minimal upfront costs and gas fees are required to mint the item on the blockchain. For instance, free mints on Ethereum could exceed $100 from rising gas fees.

4. Make Your Own NFT

Making your own NFTs is one of the coolest ways to get them for free. With the rise of user-friendly platforms and marketplaces, anyone can mint their own NFTs without upfront costs. You can use platforms like OpenSea, Rarible or Mintable to share your digital photos, videos, artwork or other creative content and turn them into one-of-a-kind NFTs. NFT creation lets you own your works and show them off, and it also gives you the chance to trade or sell them in the future. Also, minting your NFTs can be fun and give you full control over your digital assets. 

5. Get Free NFTs from Play-to-Earn NFT Games

Play-to-earn NFT games like Axie Infinity, The Sandbox and Splinterlands have revolutionized the gaming industry by offering players the opportunity to earn NFTs while playing.

These games typically use blockchain technology to tokenize in-game assets, allowing players to own and trade their virtual assets. By completing various tasks, challenges or quests within the game, players can earn NFTs representing items, characters or other assets. These NFTs can then be traded, sold or used within the game's ecosystem, providing players with real-world value for their time and effort spent gaming.

6. Win Free NFTs From X Giveaways

You can also get free NFTs through X (formerly Twitter) offers. To get people to follow them and support their NFTs, many projects, artists and influencers hold giveaways on X. In most cases, all you'll need to do is retweet, like the post or tag your friends to be eligible for a free NFT. Typically, the person hosting the prize chooses the winners at random or by following the rules set forth. 

However, bear in mind that some of these giveaways could be fake. Be cautious of scams and make sure not to click a suspicious link

7. Win Free NFTs From Discord Giveaways

NFT projects and communities also host giveaways on Discord. You'll usually need to join the Discord server that is hosting the giveaway and follow the directions in the giveaway channel to take part. Some examples of these instructions are responding to a certain message, taking part in activities in the community or finishing certain jobs. 

You might have a hard time finding a Discord group that hosts giveaways. But once you join a bunch of NFT project Discord servers, you should be able to find quite a few. They also mostly give out whitelist spots instead of directly sending you the free NFTs, but whitelist spots can still be profitable.

8. Trade or Swap for Free NFTs

Trading or swapping is another method to acquire free NFTs. Many NFT marketplaces and platforms like OpenSea, Rarible and Nifty Gateway allow you to trade or swap their existing NFTs for different ones without any additional cost. By participating in these exchanges, users can potentially acquire new NFTs without spending money. 

Why Are Some NFTs Free?

NFTs are usually offered for free to entice investors. Here are a few strategies creators use for NFTs.

1. Promotional Purposes

As a way to build buzz, draw attention and reach a wider audience, projects, artists or creators may provide free NFTs. Free NFT distributions can boost awareness and encourage participation in their efforts.

2. Community Building

Providing free NFTs can help a project or platform create and maintain a strong community. Creators can promote a sense of community, encourage involvement and stimulate active engagement by giving out free NFTs to users or community members.

3. Marketing Strategy

Offering free NFTs to users as a marketing tactic can encourage them to sign up for events, join a platform or engage with content. Projects can attract users and encourage them to explore and connect with their ecosystem by offering free NFTs as rewards or incentives.

4. User Acquisition

Platforms or projects may give out free NFTs to attract new users or clients. Projects can draw users who might not have otherwise interacted with the platform by offering free NFTs, which could result in more prospects for future revenue from interactions or transactions.

5. Generosity

Some creators might just decide to assist their community by giving away their NFTs for free out of goodwill. In this way, creators and artists may give thanks to those who have supported them and reach a larger audience without having to worry about money.

Are Free NFTs Valuable?

While they may not have monetary value initially, free NFTs can still be good investments because of their scarcity, utility, reputation, market demand and community engagement.

If the free NFT is part of a limited edition or has a low supply, its scarcity can contribute to its value. Collectors often seek out rare or exclusive NFTs, regardless of whether they were initially acquired for free.

Additionally, the utility of the NFT can impact its value. NFTs with inherent functionality or privileges, such as access to exclusive content or virtual experiences, may be considered valuable to users and collectors alike.

How to Get Started With NFTs

Here's a brief overview of how to buy NFTs. 

  • Choose a marketplace: Choose a trustworthy NFT marketplace to browse and buy NFTs. Popular options include OpenSea, Rarible and Foundation. Each marketplace has its own unique features and selection of NFTs.
  • Set up a wallet: Set up a digital wallet that supports the Ethereum blockchain because most NFTs are minted on the Ethereum network. Make sure to secure your wallet with a strong password and keep your private keys safe.
  • Connect your wallet to the marketplace: After creating a wallet, connect it to an NFT marketplace. This connection will allow you to access your funds and make purchases directly from your wallet.
  • Browse and discover NFTs: Explore the marketplace to find NFTs you may like to buy. You can narrow your choices by interests and budget.
  • Make a purchase: After finding an NFT you like, check the pricing, creator and description. If satisfied, click Buy. Be sure to confirm the gas fees associated with the transaction, as they can vary depending on network congestion.

Where to Store NFTs Safely

When it comes to storing NFTs safely, using a secure crypto wallet is essential. Consider storing your NFTs on a hardware wallet, which is a physical device that securely stores your private keys offline. Hardware wallets provide an extra layer of security against online threats such as hacking and phishing attacks. Ledger is one of the most popular hardware wallet brands, offering a range of devices designed to keep your NFTs safe. 

You can also store your NFTs in software wallets. These are digital wallets that run on your computer or mobile device. While they may not offer the same level of security as hardware wallets, they are still a convenient option for storing smaller amounts of NFTs. Popular software wallets include MetaMask, Trust Wallet and Coinbase Wallet.

For long-term storage of valuable NFTs, consider using cold storage solutions such as paper wallets or encrypted USB drives. These methods involve storing your private keys offline, away from potential online threats.

Find NFTs for Free

Free NFTs are a viable way of building your portfolio of digital assets. Creators and projects offer free NFTs for various purposes, ranging from promotional efforts and community building to marketing strategies and user acquisition.

You can earn free NFTs through airdrops, play-to-earn games, creating your own NFTs or participating in free giveaways. While free NFTs may not always have monetary value initially, they can still be valuable assets to you. As such, you should take extra measures to store them properly. 

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About Anna Yen

Anna Yen, CFA is an expert crypto writer with over two decades of professional finance and writing experience in roles within JPMorgan and UBS derivatives, asset management, crypto, and Family Money Map. She specializes in writing about alternative investment topics ranging from derivatives to cryptocurrencies. Her work has been published on sites like the crypto exchange Bybit. After six years of personal experience investing in crypto, she prefers BTC, ETH, and SOL.