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Are you curious about the NFT phenomenon and its possible commercial applications? Are you an artist, a creator, or just curious? This guide will walk you through every step, from creating your NFT to selling it. Find out how to mint an NFT and how the markets can present you with new opportunities. Follow our practical advice to mint an NFT and make your first sale.
Article Summary:
To minter, transform your digital work into a unique NFT, follow these steps:
1. Choose a specific platform. Find out what currency is used.
2. Create a crypto wallet that manages the platform’s currency. Replenish your wallet with a small amount of money (minimum €5).
3. Create an account on the platform: Register and connect your crypto wallet.
4. Prepare your file: Make sure your artwork is in a compatible format (JPEG, PNG, GIF, etc.).
5. Import your file: Fill in the details of your NFT (name, description).
6. Pay fees: Gas fees will be applied, payable in cryptocurrency.
7. Confirm the transaction: Once the transaction has been validated on the blockchain.
8. Put up for sale: Choose the type of sale that suits you (auction, fixed price). Validate the transaction fees, and your NFT will be ready for purchase.
1 - What is an NFT minter?
An NFT or non-fungible token, is a unique digital certificate that is stored on a blockchain. test of a digital good’s property. Therefore, an NFT can be a digital artwork, a virtual collection item, a musical composition, a GIF animation, or even a tweet. In other words, unlike cryptocurrencies like Bitcoin, each NFT is distinct and cannot be substituted for another.
Mintering an NFT means creating a unique, non-fungible token on a blockchain, in order to certify ownership of a digital asset.
An artist could, for instance, do a digital drawing. It can then be converted to NFT and sold on a specialized platform. In this way, the buyer becomes the official and exclusive owner of this digital work of art. Additionally, the NFT can also represent real-world objects, such as luxury goods or real estate. In this way, they produce a certified digital version of these goods. Lastly, the NFT opens up new avenues for intellectual property and the quantification of goods.
2 - Why mint and sell NFT?
There are several benefits to creating and selling NFT, and it opens up new possibilities. First of all, it gives artists, creators, and influencers a unique way to digitally monetize their work. Since each NFT is a unique digital actif, the authenticity and rarity of the work are ensured. Therefore, through the sale of their digital creations, artists can reach new audiences and make additional money. Additionally, the NFT provides a unique opportunity to build online communities around artistic creations. particulars. NFT holders, for instance, may be eligible for exclusive benefits like access to private content or special events. Overall, the development and marketing of NFT constitute a revolution in the entertainment and art industries. In this way, they open up new possibilities for collectors and artists.
Platform | Currency | Fees for minter | platform advantages |
---|---|---|---|
OpenSea | Ethereum (ETH) | From €1/2 and up. | The most popular and comprehensive platform on the market, offering a wide variety of NFTs. |
Rarible | Ethereum (ETH) and Flow | From €1/2 and up. | A decentralized platform with an emphasis on community. Users can participate in the governance of the platform. |
Objkt | Tezos (XTZ) | Less than €1 from €0.3 | inexpensive. Objkt is a French marketplace that focuses on the artistic community. |
Solana | Solana (SOL) | From €1/2 and up. | Very fast and inexpensive, Solana is a blockchain that is gaining in popularity in the NFT world. |
SuperRare | Ethereum (ETH) | From €1/2 and up. | Specializing in high-quality digital art. SuperRare offers rigorous curation of works and a community of recognized artists. |
3 - The best platforms for minting NFTs
4 - Create a crypto wallet to manage your NFT funds
A crypto wallet is your digital bank account for cryptocurrencies. It enables you to send, receive, and save digital assets in a secure manner. In fact, it is necessary for trading, investing, and taking part in the decentralized economy. The money is deposited into your portfolio when you sell your NFTs. You can then fully profit by converting it into local currency.
platform | compatible wallet |
---|---|
OpenSea | - MetaMask - Rainbow wallet |
Rarible | - MetaMask - Coinbase Wallet |
Objkt | - Kukai Wallet - Temple Wallet |
Solana | - Phantom - Solflare |
SuperRare | - Metamask - Fortmatic |
5 - How do I sell an NFT?
An effective marketing strategy is essential for selling your artwork. Adopt a two-pronged approach to selling your artwork. Make use of your network staff as soon as possible. Talk to your loved ones and others that appreciate your style to start the conversation. Next, spread the word about your creation on social media to increase its reach. It will enable you to target the most active NFT communities and get attention from collectors throughout the world.
Without a doubt, Twitter is the most relevant social network for promoting your artwork. In fact, the majority of the NFT community is concentrated there. Please read my post “Twitter: The secrets of building an audience” to increase your probability of selling. It will provide you all the information you need to build a community around your project. In addition to Twitter, other platforms like Discord may also be helpful for building a sense of community with your potential customers. Additionally, don’t forget to highlight your NFT’s history and uniqueness to generate interest and excitement.
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Author
I’m Mba Verlaine, a Cameroonian artist passionate about African culture. Explore my reflections on art, traditions, and more!