Prince Harry and Meghan Markle 'could earn £8million overnight' with savvy move
Meghan and Harry recently lost a £20million Spotify deal
PA
Meghan Markle and Prince Harry could make as much as £8million a night in a potential business move, according to an NFT expert.
Andras Kristof from Galaxis claimed the Duke and Duchess of Sussex could utilise their brand by cashing in on NFTs (non-fungible tokens).
NFTs are a unique digital identifier and are recorded on a blockchain. Ownership is recorded and can be sold.
Kristof said: "The world could be [Harry and Meghan’s] oyster if all things are done right.
WATCH NOW: Royal commentators discuss Harry and Meghan's tax filings
"Anyone with a community or following could create their own digital membership cards (NFTs), and provide value to their community, potentially generating millions in the process."
The amount of money someone can make via an NFT depends on their level of fame and if they have enough buyer interest.
The NFT expert told The Express: "Prince Harry and Meghan Markle are known the world over and would be a massive brand if they created NFTs of themselves individually or as a couple.
"Their brand could earn them $10million (£8million) overnight in my opinion.”
Meghan and Harry could make £8million a night through NFTs, claims expert
PA
Kristof claimed: "Like with any collectables, you get a lot of speculative investors hoping they can profit from getting in early. I think that would be even more the case with Harry and Meghan.
"There are constant rumours about them and owning a brand Sussex NFT could potentially be worth a fortune in a few years - especially if they split up or if they reentered the Royal Family.
"That is not to say that this will happen, but speculative investors will be hedging their bets on something changing in the future which would make their NFT no longer available.
"This is why I believe they’d be snapped up the second they went on the market."
Meghan and Harry have a big fanbase
PA
LATEST ROYAL NEWS:
Meghan and Harry stepped down as working royals in 2020
PA
The Duke and Duchess of Sussex recently lost a £20million deal with Spotify, so NFTs could be the perfect way for the couple to make money.
Anyone can create an NFT of themselves on Galaxis, which makes it a very versatile business.
The company has generated more than 180,000 NFTs since 2021.
This includes stars such as Mike Tyson, Lamelo Ball, and Val Kilmer.