Making money by burning NFT
I think this collection will be deleted soon. If at the time of reading it still exists do not waste time and follow the instructions.
So, I found a feature in Solana's NFT burning system.
There is a SITE where you can get SOL for burning unnecessary tokens in your wallet (often spam tokens and NFTs) for each token burned, usually approximately 0.01 SOL is charged.
During the next burning of scam tokens, I noticed that more SOL came to my wallet than usual. I decided to check the transactions on solscan and found that a significant portion of the burn reward came from THIS collection.
Why exactly this happens, I don’t fully understand, perhaps some mistake was made when writing the contract, because when minting and then burning this collection, the burned NFTs after some time again become available for mint.
What should be done:
1. Go ON THIS PAGE and Click on the "Mint" button
Mint 1 NFT (be sure to mint exactly one at a time)
2. Go to the SITE for burning NFT and connect the wallet on which you have this NFT
3. After we click on the NFT section, select the NFTs that need to be burned and press the button: CONFIRM BURNS (but do not rush to confirm the burning!)
ATTENTION!!! If the burn reward amount is +0.01SOL ($0.2) per 1 NFT - cancel the transaction
In this case, let's go buy another 1 NFT from this collection and try to burn 2 NFTs already
Repeat until the burn reward is >1 SOL, then confirm the transaction
Sometimes it worked for me with only 4-5 NFTs, but on average it is 2-3 NFTs
After we go and mint the NFT again and burn it again
CONCLUSION:
1. Mint NFT for 0.15 SOL ($3.2)
2. Let's go and try to burn it, buy them until we are offered 1 SOL + for burning! on average it is 3 NFTs
3. cost per round: ~10$
Profit: on average $20-25 per round
P.S. If this collection does not exist, then it's too late, but if everything is in place, then you can work!!!
Thank you for your attention!!!