NFTs are the rave, with almost everyone talking about them. They have interestingly put value to virtually everything. Today, videos, music, artwork, selfies, and even tweets can be sold as NFTs. Currently, the NFT market is worth over $25 billion, thanks to the record-breaking sales in 2021. This has attracted many people to the NFT space. Many want to make recording-breaking sales, but they don’t know how to create an NFT. Some still don’t even understand the concept of NFTs.
What Is NFT
NFT means Non-Fungible Token. It is a digital asset or certificate of authenticity for virtually any item. NFTs can be in the form of arts, jpegs, mp3s, GIFs, videos, or even real estate. The uniqueness of NFTs is that no two NFTs can be the same. They may look alike, but they are entirely different. Every NFT has a unique signature that can’t be duplicated. Thus, NFTs are a new proof of ownership tool for digital files.
How To Create Your NFTs
It is normal that everyone wants to create their own NFTs. But many don’t know how to create an NFT art. Creating NFTs is not complex, and anyone can make their own NFTs. It only takes a few steps to develop an NFT. Following the steps below will guide you through creating your NFT.
Choose The Format Of NFT And Pick Your Content
Choosing a format for your NFT is the first step in minting your NFT. You have to decide what you want your NFT to look like before learning how to create an NFT token. You can create your NFTs in several formats. Your NFT can be a painting, audio, video, Gif, picture, collection tweet. When you’ve decided what your NFT will be, then you proceed. You may ask, how much does it cost to create an NFT? Making an NFT on most platforms is free. You will only settle for the transaction fees.
Choose A Platform To Sell Your NFTs
The next step is to choose a platform to create and sell your NFTs. There are several platforms for creating NFTs. These platforms are called NFT marketplaces. They include Rarible, SuperRare, Nifty Gateway, and OpenSea. So in the process of making your NFT, you must learn how to create an NFT marketplace. Most people mint NFTs on OpenSea because it is one of the most prominent NFT marketplaces. Whatever NFT marketplace you choose determines the steps to creating your NFTs. Click here to know how to sell your NFT.
Create An Opensea Account
If you wish to use Opensea, you must create an account on their website. This is a straightforward process. Once you create an account, it will prompt you to connect a wallet. Connect your wallet and proceed to make your NFT.
Set Up A Wallet
You will need to create an NFT wallet to hold your NFT when you make it. The wallet will also contain the transaction fees for your NFTs. There are several reliable NFT wallets to choose from. The most prominent ones include Metamask, Rainbow, and Coinbase wallet. When you create your wallet, you will get a seed phrase. Ensure you protect the seed phrase. Whoever has your seed phrase can access your wallet.
After creating your wallet, proceed to connect it to your Opensea marketplace. This is an easy process as long as you follow the prompts.
How To Create And Mint NFTs
After connecting your wallet to Opensea, you can upload your file on the platform. Opensea only accepts specific file formats. This includes JPG, MP4, MP3, PNG, GIF, WEBM, OGG, GLB, WAV, SVG, and GLTF.
Price Your NFT And List It On A Marketplace
When you upload your file, you then list it for sale. You can auction it or list it for a fixed price.
Wait For Bids
After listing your NFTs, the final step is to wait for a bid. Once someone matches your listing price, your NFT will be sold. Learn how you can market or promote your NFTs here.