5 Easy Steps — How To Make An NFT

You’ve likely heard the buzz on NFTs (Non-Fungible Tokens) recently.

A digital artist popularly known as Beeple made $69 million for selling an NFT! And this is not just about art. Many people worldwide spend vast sums of money on various NFT collectibles from digital houses to music and even sport trading cards.

Luckily, you can also mint your own NFT, and this post will show you how to do it. Get ready to hop onto this exciting bandwagon and probably even make a dime off yours!

If you want to learn about NFTs, here is everything you need to know.

What is an NFT?

Ideally, NFTs are a new form of digital asset. It uses a blockchain (a similar digital ledger used by Bitcoin among other cryptocurrencies) to record ownership. The NFTs are all unique, meaning they cannot be duplicated. Typically, they are unique digital assets no one else possesses, and although people may have images of art pieces, you got an NFT, but none has the original but you.

In essence, this defines the excitement behind NFT. better yet, it is possible that due to their rarity, you can potentially auction later at a higher monetary value, like what happens to wine and fine art

How to produce NFT’s: Step by step guide:

1) Choose your item

The first step to NFT creation is that you need to decide on the art. NFTs can represent multiple digital files. Essentially, the files can be anything from a video, music, text, and even paintings which come in a digital format. You can literally reproduce anything as a digital file. NFT is all about converting digital provisions assets into unique items in their infinite reproduction age!

2) Have some Digital Currency

A cryptocurrency is essential in creating NFT as it will help pay for a non-fungible token minting platform. Most sectors prefer Ethereum crypto-currency, which is almost similar to the most dominant digital currency known as bitcoin. After picking your asset, you can start getting some cryptocurrency.

This process is not limited to a specific crypto-currency. Still, for an effortless engagement, it is advisable to use Ethereum since it is widely accepted, and most NFT platforms use it.

Moreover, since NFT minting might be costly, you need to have an Ethereum wallet- and a substantial Ether (Ethereum cryptocurrency) to generate an NFT.

MetaMask is among the best platforms you can use. Available on Android and iOS shops, it is free and quick to download the app. Typically The cost of modeling NFT changes unexpectedly (like cryptocurrency value). Nonetheless, you should have $100 or more of ETH as the minting price is highly volatile.

3) Decide on a marketplace.

Where will you create and list the NFT? You have picked your art and credited your digital currency wallet. Now it’s time to choose a market platform to generate, display, and sell your NFT.

You can decide to list your NFT on a couple of marketplaces such as OpenSea, Variable, or Mintable.

For instance, you can use OpenSea, which has no limits to the amount of content you can upload and is absolutely free to join. Essentially, it means you don’t need the approval to sell your NFT on their platform. Unfortunately, this is the reason the marketplace is saturated with shoddy sundries with no value whatsoever.

On downloading this platform, click the “User icon” and then click on ‘My Profile. While on the page, you are given options to connect with your Etheureum (ETH)wallet to continue. For MetaMask, connect by picking the option “Use a different wallet” and followed by clicking the “WalletConnect” button.

You can follow the app prompts to confirm the wallet link — a simple and easy process.

4) Create your NFT!

Finally, it’s time to create your NFT. How?

After connecting your crypto wallet to your preferred marketplace, you are set to mint your NFT:

· In the menu, click Create. Fill in necessary details and then save and begin minting your NFT.

· Select the ‘New item’ option, upload your asset and describe how you’d want it to display.

· Click ‘Create,’ and you’ll ultimately have your desired NFT.

5) Sell your NFT

There it is. Congratulations on creating your NFT token!

If you decide to sell it on a platform, though, you must open your newly-built token in your account and hit the Sell option.

You can easily pick the ETH tokens you can accept as payment on your selling page — whether you should openly auction it or sell at a fixed price and what royalties you will receive for your sales.