How to create NFT art? 5 Steps
Cryptocurrencies are ruling the trend in the market; at the same time, there have been other developments that have had a significant impact on the cryptocurrency market. We are talking about non-fungible tokens or NFT Crypto. These are booming in the digital asset market. Non-fungible tokens are a great way to digitize one’s assets and earn great money. This is a great way for the community to earn more revenue, struggling to get the right worth of their work.
Copyright is a common problem faced by many artists, and NFT can be a great way to resolve this issue. NFT allows the artists to share their artwork and keeps a record of the artwork, which makes it easy for the artists to claim ownership of their work. So, the next important question that pops up is how do we create NFTs? In this blog, we are going to discuss the steps of NFT creation.
Five easy steps to create a non-fungible token
1. Begin with choosing the right artwork- The first step is choosing the best NFT artwork you want to tokenize. This artwork can be a digital collectible, video, artwork, painting, or any multimedia file format.
2. Choosing the Blockchain network- Now that you have decided on the artwork, your next move should be to choose the right Blockchain network where you can create your NFT for the artwork. Some of the popular names are Binance smart chain, Polkadot, EOS, Tezos, Tron, Ethereym, etc. At present, Ethereum and Binance are ruling the market. If you choose Ethereum as the Blockchain network, you also need to have a wallet service that supports Etheryem; the same is applicable to all the other Blockchain platforms.
3. You must have some cryptocurrency- If you have decided to create a non-fungible token, then you also need to have some cryptocurrency in your wallet, as you would be required to pay the minting fee. You must have crypto at least worth $100.
4. Choose a suitable marketplace- You must also choose the right marketplace where you can sell the NFT. You must choose a marketplace that is based on a Blockchain network. Some of the popular Etheryem marketplaces are Opensea, Mintable, and Rarible.
5. Create your non-fungible token- Now that you have completed the basic step, to begin with, non-fungible token creation, the next step is to create the NFT, and to do this, you must follow the workflow that the chosen platform tells you. Here you need to decide whether you want to sell at a fixed price or you want to auction your artwork.
Concluding thoughts
The NFT market is growing 3times than what was expected. The NFT market has reached a mark of $250 million, and the industry is garnering a lot of attention; if you too have the artwork and want to get the non-fungible token for the NFT, then this is the right time to begin. For more updates on cryptocurrencies, Bitcoin and Blockchain, keep coming back to the Blockchain Council today.