A step_by_step guide on how to make or sell NFT
Hi everyone ☺️
Hope you are doing well and enjoying this platform so today we wanna discuss about how to make or sell NFT
Since the launch of Bitcoin in 2009, a whole new set of possibilities has opened its doors to seekers and the financial sector. In addition to enjoying the massive adoption of the new asset class, the year 2020 has seen Bitcoin reach many heights. The first known corrupt asset with the explosion of meme-affected Dogecoin Due to which coins like Sheba Anu were also invented. Not only did coins like Dogecoin influence the crypto ecosystem but new segments of crypto like NFTs also got their start. It doesn't stop there! There are countless other areas in cryptocurrency and blockchain technology that are being explored with each passing day! Read along to find out what NFTs are, and how you can take it one step further.
What are NFTS?
Non-fungible may not sound like something that is dealing with technology or any finances, but it is. Let's break it down into commonplace terms to better understand it. Non-fungible is a type of corrupt asset that is unique, collectible, and assets that cannot be replicated.
NFTs can also be described as a cryptographic token that uniquely describes an asset. They can be used to represent digital assets that are in the form of images and can also track real world assets such as home or music for example. As these NFTs make the assets unique, there can be only one of any NFTs that is given to someone to prove ownership of the said asset and to prove the authenticity of the ownership.
That being said, NFTs do not require any special skills. But, there are some steps that need to be taken to learn how to make NFT yourself. Let's take a look at what those steps are!
How to make NFT?
NFTs are unique objects that cannot be replicated, right? It is also an asset called a collector. Thus, to create an NFT, these are the steps that need to be followed:
Decide on the concept.
It is important that the concept on which the token will be made is clearly defined from the beginning.
Choose a platform for your NFT:
Once the concept is settled, it's time to choose a platform that will host NFT for collectors. There are some popular NFT platforms,
Open sea
Rare
Holaplex
Objection
If OpenSea is the market you choose, then the following requirements apply:
Some ETH in your crypto wallet
An ETH Wallet; Like metamask.
Creator's fee, which is 2.5% of the sale price.
Requirements for making NFT are very low. Although they depend on the market chosen to host the NFT.
Connect and build community
As soon as the unique NFT hosting platform is set up, community building must begin. This connection will be the first class to be used in the marketing of NFTs. Communities for NFTs or any cryptocurrency are usually formed on platforms such as Twitter, Slack, or Discard.
Create your NFT
Now that the concept of NFT has been defined and it is to be launched on a select platform, it is time to create this art. The steps for this are as follows.
Use the materials and tools you already have.
Invest in new technology or knowledge as needed.
Connect with other creators and learn from each other.
Consider the audience you are creating via Twitter or Discard.
Choose whether your NFTs will contain visual, audio, or written components, or all three.
Select the file type. OpenSea or any platform of choice accepts JPG, PNG, GIF, SVG, MP4, WEBM, MP3, WAV, OGG, GLB and GLTF.
Decide on the file size. For example: OpenSea has a limit of 100 MB.
Accessibility factor - NFT will also include visually and hearing impaired people as listeners.
Minute the NFT
Once an account is created on any NFT marketplace, all that remains is to create a collection and name it to your liking. Once complete, add an appropriate description and the NFTs are now ready!
that's it! These are just some of the goal setting shareware that you can use.
How to sell your NFTS.
Access to NFTs in the ever-evolving crypto space has opened up many options for artists and digital creators. One step further after creating your NFT is to sell your artwork.
Separating the target audience; Art, music, architecture, etc.
Set up a wallet with some corrupt assets.
Connect your wallet to the NFT platform you will use to host your NFT.
Upload your artwork or file with your NFT.
Set up an auction.
Be sure to include the description.
List your NFT. You will be asked to pay a listing fee soon.
Once the listing fee has been paid in the NFT Marketplace, you will be ready to sell your NFT!
Good intro. Did you know smartBCH also has its NFT marketplace, check it out > oasis.cash