If you have a question about How to make an NFT art to earn money, you are in the right place. Blockchain technology is a decentralized ledger that keeps the record of all the transactions across the peer network.
It enables cryptocurrencies such as bitcoins, dogecoins, ETF, and many more. By using blockchain technology, participants or cryptocurrency buyers can confirm their transactions directly without the involvement or need of any central clearing authority.
Cryptocurrency is a type or medium of exchange, similar to a US dollar. This virtual form of currency is secured by cryptography.
At present, Bitcoin is the most valued cryptocurrency. Still, it uses digital encryption techniques to look at the transfer of funds and the creation of monetary units.
Each cryptocurrency available in the trading market is said to have its specifications and functions. Somewhat similar to what’s been discussed above is our topic for today, i.e., NFT.
In this article, we will be giving you a detailed description of what NFT is, how to make an NFT art, and how to sell the same.
So, without further ado, let’s dig into this informative article.
Table of Contents
What is NFT?
NFT or Non-Fungible Tokens are a type of digital asset that one person can only own at a time. It is somewhat similar to what tangible assets are in real estate.
It is officially secured by Ethereum Blockchain, where no one can modify the ownership record or copy/paste any new NFTs.
A bitcoin is a fungible token, which means it is replaceable, or in simpler terms, you can trade a bitcoin for another. Whereas a non-fungible token means something unique and non-replaceable, you cannot trade it with any other item.
NFT are a kind of token on which blockchain technology users can represent ownership.
Examples of NFT assets are enlarged anime images, art, collectables, avatars, domain names, event tickets, music, videos, posters, photographs, or tweets.
How Do NFTs Work?
NFTs are a legitimate way of transferring the ownership of a digital item in such a way that your ownership will always be on record and can be proven.
These records can never be edited or deleted. These digital items or NFTs are cryptocurrencies that can be brought and sold using blockchain technology on unique platforms such as Open Sea.
For example, you wish to purchase a unique painting registered as NFT, on purchasing, you will not be transferred the painting physically.
Instead, you will be given an ownership certificate of that NFT, and it will be kept safe in the digital wallet. You can easily access this certificate through a digital wallet Meta Mask.
If you want to buy an NFT, your digital or crypto wallet should have enough suitable cryptocurrency to buy that particular NFT.
In the heads coming below, we will be explaining to you what is NFT art, how to make NFT art, and sell one in the technical world of blockchain.
What is NFT Arts?
If you are a graphic designer and an expert in creating beautiful creations, then according to us, you should not get your work printed. Instead, in the present digital world scenario, when you create exclusive artworks digitally, you should also sell them digitally in the form of NFT.
As creators, if you sell your artworks digitally, you will have:-
- It would help if you had registered ownership of your digital art. By making your artwork into an NFT, you will have concrete ownership of your creation, and you can either sell it or display them as you feel like it. The steps for creating an NFT are mentioned below in the next head.
- Monetising your artwork through blockchain technologies is a novel source of earning income without any fraudulent activities. It is a quicker and easier way to get rewarded for your creativity. Some of the NFT arts also have royalty systems, which means if the buyer of the NFT art resales it, then the actual creator or the artist will get 8-10% of those sales.
- A global reach to sell your artworks and creations. Physical artworks or designs tend to get sold at a particular place or art gallery. Whereas an NFT artwork will have a tremendous global platform, and the art piece will reach and be available for sale to people on a worldwide scale.
In the next head given below, we will explain the step-by-step process of How to make an NFT art and sell it on the blockchain platform.
How to Make and Sell NFT Arts?
Before starting with the whole process of making and selling NFT, you have first to decide on a particular NFT platform where you can create and sell your creation. You have to select a payment wallet to pay fees and receive payment by selling the NFT.
There are various platforms online where you can buy and sell NFT. Some of those are Raible, Open Sea, Nifty Gateway, Super Rare, BakerySwap, Axie Marketplace, VIV3, Foundation, and more.
Some of the popular payment platforms for NFT are; Meta Mask, Portis, Torus, My Ether Wallet, Fortmatic, Wallet Connect, and more.
Now given below are the steps you can follow to create an NFT art and sell it. For example, we will be using the NFT platform Rarible and Metamask as the cryptocurrency platform. You can use any platform you want.
Let’s get started with the process:
- First off, you need to buy some cryptocurrency to pay the fees for converting your artwork into an NFT. Most platforms ask for their prices in the form of ETH or Ether.
- For purchasing crypto in the form of ETH, you need to create a digital wallet. For that, go to the website of WazirX. Create an account as per WazirX guidelines and steps.
- After successfully making the wallet, purchase some ETH and add it to your wallet.
- Now, you need to connect your Meta Mask wallet or any other wallet you use to your NTF platform for the next step.
- Click on the blue download button on the top-right corner to install a browser extension. You will be asked to confirm about making a new wallet.
- After that, suppose you choose Rarible as your NFT platform, open it and on the top-right corner, you will see a Connect Wallet option, click on it. It will then ask you about your wallet provider, choose it and click on connect.
- Upload the file you want to convert into NFT by clicking on the blue create button on the right corner of the screen. You can either create a single one-off work or multiple works. NFT accepts the file up to 30MB and takes files of format such as; GIF, PNG, WEBP, MP3, and MP4.
- There are three options for the same. Fill in the Name, External Link, and Description of your NFT in the given space and set its price. You can keep a fixed price to sell it instantly, an absolute auction where there are unlimited bids and the seller only selects one, or the time auction that lasts for a set period.
- Also, add properties, traits, stats, levels, and unlockable content to make your NFT look more potentially valuable. After you have done with all this, click on the create button. Pay the listing fee from your wallet.
Our Thoughts
So, this is all about what we have to share with you about the NFTs. We have tried to convey to you the best possible information about what NFTs are, how they work, what is NFT art, how to create NFT art and sell them.
So, if you are a graphic designer and feel your creations are worthy of selling, then do explore the option of selling them through NFTs.
Start your own business with NFTs!
