Want to know how to make an NFT and sell it? As a possible way to sell their work, many artists are looking into the idea of turning their art into tokens that can’t be used to buy anything else. NFTs make it possible to sell art in a digital format by making it clear who owns an original digital asset. They can also give buyers access to new, active communities of interested buyers.
Even though NFT work has been stolen or mis-issued and marketplaces have been hacked in the past few months, non-fungible tokens are here to stay and are becoming more important to artists. NFT collections are even starting to be shown in real life in galleries.
Non-fungible means that something can’t be replaced or is unique. Non Fungible tokens, or NFTs, make digital items that are easy to copy rare and, therefore, valuable. They do this by creating a digital register on a blockchain that shows who owns the original file or item. Even rare can be the type of image being made into an NFT, like images of rare plants. Let’s say you are a hobbyist and interested in finding rare plants. You can use apps like lily, plant identifier app to capture and identify plant by leaf picture of rare plants and then use the rarest ones to make NFTs.
To make and sell an NFT, the first thing you need to do is “mint” it. (We’ll assume you already have the piece of art you want to turn into an NFT.) To make an NFT of your art, you’ll need to pick an NFT platform and a payment wallet. You’ll need the wallet to pay the fees for the platform and to get paid if your NFT sells. There are many other options, though, and we’ll list some of them in the section below.
Choose a Digital Wallet
You’ll need cryptocurrency to make and sell an NFT. Most NFT auction platforms will require you to pay up front to “mine” an NFT, which is the process that turns your artwork into a non-fungible token that you can sell. Since ether (abbreviated as ETH) is the native cryptocurrency of the open-source blockchain platform Ethereum, which is where NFTs were first created, it is the most commonly accepted form of payment.
Set Up a Digital Wallet for Your NFT Payment
To make a digital wallet so you can pay an NFT platform to make and sell an NFT, let’s say you go to MetaMask’s website and click on the blue “Download” button in the top-right corner. We’ll choose to install the browser extension since we’re on a desktop computer, but there’s also a mobile app.
You will be asked to confirm that you want to “create a new wallet and seed phrase.” Don’t worry too much about what a “seed phrase” is. It’s just a list of words that holds information about the blockchain. Say “yes,” and then all you have to do is agree to the terms, make a password, and go through some security steps to set up your account.
Put Some Crypto In Your Wallet
Once you’ve set up your MetaMask wallet or any other digital wallet, you’ll need to add some ETH to it. If you don’t already have ETH, you’ll need to buy some now. Click “Buy” and choose “Buy ETH with Wyre” to do this.
You’ll be brought to a screen where you can buy ETH with either Apple Pay or a debit card. Note that you don’t have to do this step until later if you don’t want to spend any money yet. It just takes a little more work (you’ll need to check the fees of your chosen NFT platform to know how much you’ll need to buy).
Link Your Wallet To An NFT Platform
The way most digital wallets work is pretty much the same. No matter which one you choose, you’ll have to link it to the NFT platform you’ll use to sell the NFT.
You Can Turn A File Into An NFT By Uploading It
So now that you have a wallet with ETH connected to it, you are ready to make and sell an NFT. Click the blue “Create” button at the top right of the Rarible site. Then, you’ll be able to choose whether to make a one-time work or sell the same thing more than once. Again, you can choose existing images or go with new ones. As mentioned above, you can opt for images of rare plants using Lily as rare plants make for unique NFTs.
Put Your NFT Up for Auction
In the next section of the form, you’ll choose how to sell your NFT artwork. You can do one of three things. With “Fixed price,” you can set a price and sell your NFT right away, similar to eBay’s “Buy it now” option. If you choose “Unlimited Auction,” people can keep bidding until you accept one. Last, a “timed auction” is an auction that ends after a certain amount of time.
Add a Description To Your NFT To Get It Sold
Now you can give your listing a title and a description. Take some time to think about this if you want your NFT to sell as much as possible. Then, you’ll be asked to decide how much of the royalties you want to get if your art is sold again in the future.
Again, this is a balancing act. A higher percentage will get you more money per sale in the long run, but it will also discourage people from reselling your art in the first place because they won’t be able to make as much money for themselves. Lastly, there is a field where you can add the properties of your file if you want to. Having done that, you’re almost done.
Pay The Fee To Put Your Nft On The Market
Click “Create Item” to finish learning how to make and sell an NFT. You’ll then be asked to connect your wallet to pay the listing fee. Don’t worry if you don’t have enough money in your wallet. You won’t have to start over. Just click on the wallet icon in the top right corner of the screen, and you’ll be able to add money right from Rarible.
NFT platform is already the present and future of the digital world. Dealing in NFTs can make you popular as well as rich if you do it right.
The post <strong>How To Design And Sell Your NFT</strong> appeared first on Blockzeit.
Want to know how to make an NFT and sell it? As a possible way to sell their work, many artists are looking into the idea of turning their art into tokens that can’t be used to buy anything else. NFTs make it possible to sell art in a digital format by making it clear
The post <strong>How To Design And Sell Your NFT</strong> appeared first on Blockzeit. Blockchain and Cryptocurrency NFTs News – Blockzeit
