Create NFT Art: Where To Begin!
There’s only one topic of conversation these days and that’s non-fungible tokens… or NFTs, to the likes of you and me!
NFTs, blockchain, crypto, digital art, minting - these are words on the tips of everybody’s tongues right now and it might well be that you could find it beneficial to investigate how to create NFT art and start getting in on the action yourself in the very near future.
Although the NFT market is still very much in its infancy and still very much finding its feet, a significant increase in interest in the topic has been seen over the last few months… and it represents a potentially very lucrative opportunity for artists and creatives of all kinds, in fact, to diversify their portfolio and find lots of exciting new markets for their masterpieces.
The good news is that it couldn’t be easier to get going and all you need to do to start your NFT artistic career is access to technology and the internet!
You don’t even really need to have any significant coding skills under your belt to translate your work for this new digital arena. It’s simply a matter of doing a bit of reading up and a spot of research and you’ll be making your own NFTs in next to no time.
What are non-fungible tokens?
NFTs might sound a little complicated or offputting to the uninitiated, but the concept is actually a simple one. All they are is units of data that can be applied in a variety of different formats, whether that’s a painting or drawing, a video, an audio file, a photo… there’s a lot that can be achieved!
Once created, this unit of data is stored on a blockchain (which is a digital ledger), as well as any other information relating to it, including identity and ownership. This ensures that whoever purchases the NFT enjoys total security after the transaction has been completed.
Only one person at any one time can own an individual NFT, which is why they’re proving to be so attractive to investors at the moment. There’s nothing better than building up a beautiful and fascinating collection of unique works of art, whether that's in the physical world or the digital space - and this, no doubt, is a huge part of the appeal in NFTs right now.
In fact, from an artistic or brand point of view, there’s no time quite like the present to consider making NFTs and cornering the market in your chosen niche or field.
There’s an awful lot to be said for getting there first, after all, and thinking outside the box, with an innovative approach to business in the 21st century, can certainly help you take your game to the next level.
So, if you’re interested in finding out how you could benefit from tapping into this burgeoning marketplace, now’s the time to start making your own NFT art. Here’s a quick step-by-step guide to help you do just that.
#1 Choose your blockchain
After you’ve worked out how to make your artwork and you’ve come up with some you think work really well as NFTs, it’s time to choose your blockchain. The most commonly used one right now is Ethereum, but also take the time to investigate the likes of Polkadot, Tezos, Tron and Binance.
Every time a transaction happens on the blockchain, fees have to be paid, so make sure you bear this in mind. These are called ‘gas’ and you’ll be charged for the selling and transfer of any NFTs you make that are purchased.
#2 Choose your platform
Once you’ve got the blockchain sorted out, you can start thinking about your NFT marketplace. There are a few to choose from so perhaps take your time and choose one that suits your particular brand of goods and services, or which has lots of experience in the kinds of NFTs you plan to make.
Curated platforms are those where only authorised artists are allowed to mint or make NFTs, while self-service platforms are available for anyone who wants to create an NFT to use, no matter what format they choose to do that in.
#3 Set up your wallet
Now you’re ready to set up your digital wallet! Exciting times ahead! You need this so you have somewhere to store all your beautiful NFTs and somewhere to keep your crypto profits from all the sales of your artwork. Make sure you check that your chosen blockchain is compatible with your wallet before forging ahead.
Once it’s all set up, you can transfer some cryptocurrency into it to cover any associated fees, connect it to your platform… and let the fun begin!
#4 Create & list NFTs
You’re almost ready to start selling… but first you need to list your NFTs as collections on the platform, including a display image of the piece and some information about it, such as a description and its name. From there, simply upload the files, give the art token a name and that’s it. You’re done!
You do have the option to create more than one edition of an NFT, but remember that if you focus on standalone tokens at first you’ll be creating something truly one of a kind, which boosts the collectable nature of it quite significantly… which could drive its value up and make it more attractive to investors.
You can also lazy mint your NFTs, where no gas fees are paid to list the token. Instead, the purchaser will pay the platform for the minting process after they’ve made a purchase.
Once you’re ready, add the NFT to the blockchain - and start listing them all for sale!
Even though the NFT market is still working itself out, you can rest assured that there’s already a lot of competition out there… so make sure that once your NFTs are live and available to view that you dedicate sufficient time to the advertising and marketing of your tokens.