How to Make Your Own NFTs!!
Introduction
You'd have to have been living under a rock not to have heard about the recent NFT (non-fungible-token) hype. Celebrities, digital artists, and creative are all gearing up to put their artwork on the Blockchain.
From paintings to songs and even collectible NBA trading cards, the possibility are enormous when minting NFTs. It's a great way of proving authenticity and ownership of creative works.
If you're really talented (so lucky🤞), you can also make some decent money. Think of it as a digital collectible record or one-off painting. If there's a significant demand for your NFT, price can be sky-high. You might have heard of visual artist Beeple, who sold an NFT called "Everyday: the First 5000 Days" for more than 69$ million.
Before minting NFTs
Before you can start minting your own NFTs, you're going to need three things:
Your song, artwork or collectible
Some crypto to pay the minting fee
A cryptocurrency wallet to store your crypto
You'll also to pick the Blockchain where you will create your non-fungible-token. We'll get into this in more detail later.
What is an NFT
So you might be sure you want to mint an NFT, but do you know exactly what one is? At its most basic, it's a type of cryptocurrency that represents something unique, collectible and that cannot be required.
A simple analogy of an NFT is a shiny Pokemon card. Anyone can print one off and perhaps even make it look almost identical to a real one. But it's not the same in the mind of a collector.
We value the shiny Pokemon card for it's uniqueness and authenticity. This is the same with an NFT. Of course, you can download the NFT's associated image or collectible, but that doesn't represent actual ownership or authenticity.
Even NFTs in a limited run aren't all the same. You may have the 01/100 in the series, which can make it more valuable than the other units.
To learn more about NFT craze's origins, you can't go wrong by reading up on Cry.ptoKitties and CryptoPunks. These were some of the first hugely popular digital collectible projects on the Ethereum network.
Thank you.