HOW TO CREATE an NFT?
What exactly is an NFT?
A non-fungible token (NFT) is a data /image that is appended to a file to produce a distinct signature. It might be an image file, a piece of music, a tweet, a website text, a physical item, or a variety of other digital materials.
This essentially means that anyone can possess a digital file (as long as it's coded to distinguish it from any digital copies).
How to create an NFT?
Step 1: Select your item/concept
If you are a beginner and new to the net world, you must know before creating one you should have a concept or an idea or theme on which you will be creating custom paintings, pictures, GIFs, or even a tweet. For example, if you want to create NFTs in the science field, ensure that all the NFTs you create belongs to the same field.
Make sure that you own the right to the material you want to convert into an NFT if not you will be in serious legal trouble.
Step: 2 Select your blockchain
After creating or selecting your unique NFT, the next step is the process of minting it into an NFT. This starts by choosing your blockchain technology. A popular option among NFT creators is Etherium. Other options include Binance Smart Chain, Tezos, etc.
Step: 3 Create a digital wallet
You should have a digital wallet to pay and get funds. A digital wallet is created using cryptocurrency applications such as METAMSK. This can be done by adding the browser extension to your desktop/pc, also there's also a mobile application.
Step: 4 Add some cryptocurrency to your wallet
If you don't own cryptocurrency you will need to buy some small amount to continue(another free method mentioned at last).
Buying cryptocurrency is fairly straightforward, just like ordering from your favorite online store in this case you are getting a digital asset. If you think this is a bad idea to spend money on remember the price of ETH was $1000 three years ago in 2022 it has increased its value to $4700.
Step: 5 Connect your wallet to an NFT platform
An NFT platform is the place where you are going to sell your NFT just like a marketplace, the most popular among them being rarible.com.
Go to rarible.com, on the right corner you will find connect wallet option, a popup menu will appear from metamask asking you for confirmation, sign all of it and you are pretty much ready to go.
Step: 6 Upload you file which you want to convert to NFT
After connecting your wallet you can upload your file by choosing to create an option on the right side.
Raible supports mostly all kinds of files such as PNG, GIF, WEBP, MP4, and MP3 files, up to 30MB in size.
Fix your price add a catchy name and that's it you just yourself created an NFT.
You might think it's too good to be true right?
Here are some explanations for your possible questions.
Is it free to create an NFT?
If you didn't know it yet, you can create/mint an NFT for free. Let me guide you
● Go to rarible.com, connect your wallet
● Click create, choose the free minting option
● Authorize and sign all prompts regarding your wallet
● Viola!! you just created and listed an NFT absolutely free.
Where can I create an NFT?
There is a handful of options when it comes to creating an NFT.
Some of them are listed below
NIFTY GATEWAY- for exclusives.
SUPER RARE-for social media.
OPEN SEA- for numerous varieties of NFT.
NFT creating tool: click here!! ( free for first 5 NFTs).
Can I make money selling NFT crypto art?
Yes, you certainly can. This is the first method of profiting from NFT. It's not simply for creators to sell NFTs. All the entrepreneurs and investors treat NFTs like stocks, purchasing and selling them to make money. If you currently own a set of NFTs and no longer require them, you may easily sell them in the same way that you would if you made them yourself.
source-Forbes
What makes a good NFT?
First, consider the fact that art is subjective.
A trading community will support successful NFT initiative programs with the highest levels of engagement are usually the most demanded and sold in the marketplace. NFTs are more than just art collectors; they are members of a group in which a culture has developed, and that culture has developed consumers/traders.
Is NFT worth it?
Recently NFTs have gained popularity as one of the best investments. But as NFTs are digital assets anyone can make a copy of your creation and sell it in the marketplace but however, the chances of happening this are fairly slim.
According to investors, the next decade will see a big jump in digital trading such as NFTs, digital assets, etc, and not shares and real estate.
So it is safe to say NFTs are worth it if you are willing to put in the work and willing to take the risk and responsibility.
What's the relation between cryptocurrencies and NFTs?
NFTs are normally traded with the sort of cryptocurrency or digital token (commonly referred to as tokens) that is utilized or acknowledged on that blockchain. NFTs were almost entirely created and traded with ether tokens on the Ethereum network at first (ETH). (Ether is the native token of the Ethereum blockchain, which allows smart contracts to be created.) The fuel for all operations on [the blockchain network] is ETH.
FREE!! method-LAZY MINTING
Minting an NFT in a lazy manner means that the process is pushed forward until a token is purchased. The minting cost is transferred to the point of purchase, rather than the creators of the NFTs.
CLICK HERE TO WATCH THE TUTORIAL!!
NFTs are one-of-a-kind bits of data recorded on a blockchain. Digital art, music, video clips, and tickets are just a handful of the digital goods being transformed into NFTs. A small amount of people believes that this is a bursting bubble, while others believe that NFTs will drive the digital economy. Because the technology is still in its early phases, we must wait if you and see how it develops.
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