How To Make An NFT For Free and Sell it !
NFTs, or non-fungible tokens, are digital assets that are unique and cannot be interchangeable. Unlike cryptocurrency, which can be divided into smaller units, NFTs represent items such as art, music, or in-game items that are one-of-a-kind. In recent months, NFTs have become extremely popular, with some selling for millions of dollars. One of the main reasons why NFTs have become so popular and hyped up is because they allow artists and creators to monetize their work in new ways.
For example, an artist may sell an NFT of their digital artwork for a high price, and then anyone who owns that NFT can display it in. So this is a very good opportunity for various artists and even for people like us who want to get in the NFT Game. So, lets talk about NFTs and how you can easily make NFT Art for free and sell it.
What is NFT Art ?
NFT Art is a digital art form that uses blockchain technology to create unique, tamper-proof works of Art. These can take many different forms, including images, videos, and even 3D models. Unlike traditional digital Art, these are not just a copy of an original work – each NFT Artwork is a unique, one-of-a-kind piece that can be bought, sold, or traded like any other asset and If you’re interested in creating your own Artwork, there are a few things you should know. First, you’ll need to create a digital file of your artwork.
This can be done using any kind of software or program that allows you to create digital images, such as Photoshop, Illustrator, or even Microsoft Paint. Once you have your file created, you’ll need to upload it to an NFT marketplace. Some popular NFT marketplaces include OpenSea, Rarible, and Nifty Gateway.
Some of the best s NFT Artworks have sold for millions of dollars. The most expensive NFT Artwork ever sold is Beeple’s “Everydays: The First 5,000 Days,” which sold for $69 million at a Christie’s auction in March 2021. Other notable NFT Art sales include Mike Winkelmann (aka Beeple)’s “Everydays: The First 5000 Days” ($69 million), Grimes’ “Nyan Cat” ($500,000), and “CryptoPunk #7804” ($761,032). More and more artists, illustrators, and designers are earning money selling Nonfungible tokens than ever before. More than $15 billion in primary and secondary sales in 2021, up from $67 million just one year prior have been made according to report from Nonfungible.com.
How to Make An NFT For Free
Step 1 : Choose your Artwork before turning it into NFT Art
The first step is to choose the artwork you want to turn into NFT Art. This can be any digital image, video, or 3D model that you have created yourself. Anything that may be recreated as a multimedia file is considered a multimedia file. And besides, the NFT game is all about transforming digital artwork into “one-of-a-kind” items in an age of endless repetition. If you don’t have any digital art of your own, you can also purchase NFT-ready art from sites like Foundation or MakersPlace.
Once you’ve decided on your virtual asset, you’ll need some Ether. You can create NFTs on various blockchains, but for the sake of convenience, we’ll assume you’ll use Ethereum. It’s the most popular and is supported by the most significant NFT markets. It may be necessary to pay a fee to mint an NFT. As a result, you’ll need an Ethereum wallet with some Ether (the Ethereum-based money) in it. “MetaMask” is one of the simplest to use. The price required to build the NFT is quite variable. Have at least $50 to $100 in Ether, but keep in mind that the minting procedure might cost you even money. You may also mint your NFT for free on Opensea; however, the procedure is free due to the type of token the platform will generate, and you will still need to link a wallet to create an account there.
Step 2 : Uploading Your NFT Artwork
Once you have named and described your NFT Artwork, the next step is to upload it to an NFT marketplace. As we mentioned earlier, some popular NFT marketplaces include OpenSea, Rarible, and Nifty Gateway. We’ll go with Opensea because it’s free to join and has no restrictions on the type of stuff you may post, and you do not need to be approved as an artist to sell on the site. However, this implies that the marketplace is brimming with digital trinkets that no one will ever buy.
- First, you’ll need to sign up for an account on Opensea. Don’t worry; it’s free and once you’re logged in, click on the “Create” tab at the top of the page.
- Next, select “NFT” from the drop-down menu.
- Now, you’ll need to choose a template for your NFT. You can either choose one of the templates that Opensea offers or upload your own design. If you choose to upload your design, make sure it is a PNG or JPG file and that it is less than 10 MB.
- Once you’ve selected or uploaded your NFT design, the next step is to add all of the relevant information about your NFT. This includes the name of your NFT, a description, the category it falls into, the condition of the NFT, how many you are selling, and when the auction will end. This is important because it will help potential buyers understand what they are purchasing, and it will also help you keep track of your NFTs if you plan on selling them in the future. Naming your NFT Artwork is also a good way to create buzz around your work and make it more easily searchable on NFT marketplaces.
- When setting the price of your NFT, keep in mind that you need to make sure that the price is high enough to cover the costs of minting and selling your NFT, and secondly, you need to make sure that the price is attractive enough to entice potential buyers. And finally, you need to make sure that the price is in line with similar NFTs on the market.
- After you’ve added all of the relevant information about your NFT, the next step is to select a payment method. Opensea accepts payments in Ether, Bitcoin, Litecoin, and USDC.
- Once you’ve selected a payment method, the next step is to review all of the information about your NFT and make sure everything is correct. If everything looks good, click on the “Publish” button, and your NFT will be live on Opensea.
Step 3: Selling your NFT Artwork
After your done making your NFT Art, the next step is to sell it. NFTs can be sold on various NFT marketplaces, and the process of selling an NFT is relatively simple. Here’s how you can do it on Opensea :
- To begin, navigate to the top right corner of opensea, click Profile, and then choose the NFT you want to sell from your wallet.
- When you click Sell, you’ll be directed to the listing page, where you may set the price and kind of sale. You may also choose how long the sale will last. The default settings are one day, three days, or one week, but you may also use the calendar to create a custom period.
- You may also put the item on hold for a specific buyer. (Simply enter their address in the space below and select reserve for a specific buyer).
- You will next be prompted to sign a transaction to confirm your sale. Please keep in mind that you’ll first need to activate your wallet if you’ve never sold on OpenSea. Also, if the item you’re advertising was not minted on OpenSea but rather through a bespoke contract, extra permission and signature may be necessary to allow OpenSea to trade the item on your behalf.
- Once your listing is complete, you will receive a confirmation pop-up, and to view the NFT you have listed to sell, go to your profile page and pick the Activity tab, where you will find the item you just listed identified with the transaction List and thats it your done making you NFT Art but thats it not the end. Keep reading !
Selling Your Created NFT Art In Marketplaces
NFT Art is still a relatively new concept, and as such, there are still relatively few places where you can create and sell these digital artworks. Some of the best and most popular platforms are OpenSea, Rarible, Nifty Gateway, Foundation, VIV3, BakerySwap, Axie Marketplace, and NFT ShowRoom, which allow users to create and sell digital artwork that can be stored on the blockchain. Another popular platform is SuperRare, which specializes in NFT Art and has a growing community of artists and collectors. Finally, MakersPlace is another great option that offers a variety of features such as artist profiles and convenient payment options. As the popularity of NFTs continue to grow, more platforms will likely emerge, giving artists even more opportunities to showcase and sell their work. All you need is a computer and an internet connection to make NFT Art which can then also be sold on the same platforms where it is created. Alternatively, these can also be sold on secondary markets like OpenSea.
How to Make Money from NFT Art and Market it !
As with any product, NFTs need to be marketed in order to sell and only then can you make money from your NFT Art. There are a number of ways to market your NFTs, and the most important thing is to be creative and think outside the box. There are endless possibilities when it comes to marketing your NFTs. For example, the best-selling NFTs are either those created by well-known artists, such as Beeple and Damien Hirst, or ones with ‘utility.’ The NFTs that have good utility will be of interest to the majority of new NFT artists. This implies you must design a collection that can be used for more than just a digital asset; for example, may it be used to participate in real-life events, a public chat room, or even generate money for charity? World of Women and the numerous Ukraine conflict NFTs that are raising donations for charity, such as Doctors Without Borders, are examples of good NFTs.
Some good ideas for marketing your NFTs include:
Creating a social media campaign
Use NFTs to reward customers for engaging with your brand. For example, you could offer an exclusive NFT to the first 100 people who share your latest post. Create a loyalty program for your most engaged followers. For every ten posts they share, they could earn an NFT.
Reaching out to influencers and NFT Exchanges.
You can collaborate with other brands or influencers to create an NFT-based social media scavenger hunt where you can hide NFTs in posts and offer clues on how to find them. You can also reach out to various NFT exchanges and propose a co-marketing agreement which is a great way to get your NFTs in front of a larger audience. For example, you could offer to create an original NFT that would be auctioned off on their platform, with all proceeds going to charity.
Hosting a contest
NFTs have been all the rage lately, and what better way to jump on the bandwagon than by hosting your own NFT contest? Just select a prize that will be sure to get people’s attention (perhaps an inspirational message from Ariana Grande or a custom-made NFT painting), and set some rules to ensure that only the most creative entries are eligible. Before you know it, you’ll have a whole bunch of NFTs to choose from – and the winner will be thrilled to have snagged such a coveted prize. So why not give it a try!
Collaborate with other New NFT artists like yourself
You can Reach out to other NFT artists and offer to help promote their work on your social media channels or website, or you can pay them for promoting your NFT Artwork on their social media channels, and since they might already have a good fanbase, it will certainly help boost your Artwork’s visibility and popularity. You can also collaborate with them to create an exclusive collection of NFTs that can only be purchased through your brand.-marketing with NFT exchanges
NFTs are still in their early days and the industry is growing rapidly with new NFT artists and new NFT platforms appearing all the time. With the right marketing strategy, you can launch your NFT project and be successful. The important thing is to be creative, think outside the box. I hope this article was helpful in giving you the right information and helping you in your NFT Journey. Make sure to checkout the upcoming latest NFT Drops on our website. Thanks.
Abhishek is a Digital marketing graduate with extensive experience in writing for finance, lifestyle, and tech. He has worked with numerous marketing and advertising agencies throughout his professional career. His interest in the world of Gaming and technology motivates him to stay informed about every little detail and write with passion.