Startup cost: $100 - $5k

Setup costs range from $100 to $5,000 depending on the approach taken. At a minimum, one could start by creating NFTs on platforms like OpenSea or Rarible, which may only incur gas fees for transactions, totaling around $100. On the higher end, someone looking to establish a more professional presence may invest in premium NFT art creation software, marketing tools, and possibly hiring artists for collaborations, leading to costs of around $5,000. Essential expenses include gas fees for minting NFTs, any required software subscriptions, and initial marketing budget. Optional expenses could include NFT art courses or hiring influencers for promotion. Hidden costs may arise from platform fees, storage costs for large digital files, or legal advice for copyright issues. Feedback online suggests that while starting costs can be kept low, serious commitment often leads to additional expenses for higher-quality content and marketing efforts. To take this side hustle seriously, a friend should budget between $100 and $5,000 to cover initial setup and operational expenses.