Some embodiments disclosed herein are related to methods of preparing a nanoparticle composition comprising: providing an aerosol comprising a plurality of droplets of a precursor solution comprising at least one nanoparticle precursor and an expansive component; passing the aerosol through a plasma; and collecting a nanoparticle composition product from the carrier gas which has exited the plasma. Some embodiments relate to nanoparticle compositions provided by this process. Some embodiments relate to light-emitting diodes or light emitting devices comprising these compositions.