How to Create NFTs
Are you a digital artist? Do you write music, draw digital paintings, or maybe you are taking and editing some photos of incredible sea views?
Everything you create using digital technology will most likely sell and make some money on NFT marketplaces. Albums, arts, photos, in-game items, graphics, and other digital products you can think about are selling on exchanges for crypto coins. I don't want to guarantee that you will be able to make millions overnight, but if you create a digital product that will be perceived as a valuable one by other people, you probably will make some profit from that.
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The NFT is still moderately new; therefore, platform owners can make changes to the process of creating Non-Fungible tokens anytime. I will do my best to keep this page relevant and up to date. Are you ready to create your first Non-Fungible Token? Let's get started!
Step One - Decide What Would You Like to Sell
First of all, you should decide about the digital product that you would like to list. The easiest way to jump to the NFT marketplace is by using the digital files that you have already created. Maybe you wrote music a few months ago or made some outstanding graphics that are just getting dusted inside the folder. If you don't have anything available to list, brainstorm what kind of digital asset people would like to purchase, you could go to marketplaces and see what Non-Fungible Tokens are trending.
Lastly, create something UNIQUE. Who knows? Maybe people will be amazed by your product and notice the value of possessing it! It is always great to be different!
Do you have zero skills in creating music or art? You can not come up with any digital product? No worries! You can always speculate on domain names - THEY ARE NFTs too!
Step Two - Decide on which marketplace You Would Like to List
As I mentioned earlier, there are few existing NFT marketplaces. Each of them has its trends and specializations. Some exchanges concentrate on art, while others intensively trade domains or music. As for now, there are two well-known NFT marketplaces: OpenSea and Rarible
Step Three - Create an Ethereum Digital Wallet
The majority of NFTs are traded on the ethereum blockchain. That being said, you will need to create an Ethereum Digital Wallet to pay fees and receive revenue. If you have an Ethereum Wallet, you can move to the next step. If you have never created a crypto wallet before, I already wrote a post with detailed steps to create a digital wallet for the first time.
Step Four - Buy Ethereum
As I mentioned earlier, most NFTs can be purchased with Ethereum cryptocurrency. Therefore we need ETH to list and buy Non-Fungible Tokens. If you own a Metamask wallet, you can learn how to purchase ETH directly from it.
Step Five - Connect your Wallet to the Marketplace
Once your wallet is set up, the last thing you will need to do is to connect it to the marketplace. It takes less than one minute to link your digital wallet to the exchange. Once you connected your digital wallet, you will have access to your account.
Step Six - Minting and FEES
Most of the NFT exchanges allow to mint Non-Fungible Tokens for free, but it is not entirely free. If you list your digital asset for the first time, there will be a gas fee to "authenticate" your account with the blockchain. The good news is that you will be able to list your NFTs completely for free after the authentication.nd edit me. It's easy.
I have created a complete guide on how to mint your first NFT on OpenSea & Rarible marketplaces.
