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How to make and sell NFTs?

Photo of an NFT symbol of making and selling NFTs on blockchain technology

Photo by Mo Eid on Pexels

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"173035871"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div>&NewLine;<p class&equals;"wp-block-paragraph">Have you been looking for a guide on how to make and sell NFTs&quest; If so&comma; you&&num;8217&semi;re in the right place&period; If you&&num;8217&semi;re into the culture of NFTs I assume you already know what they are&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">However&comma; the word &&num;8220&semi;NFTs&&num;8221&semi; is unknown to most people&period; Briefly&comma; NFTs are non-fungible tokens&period; Meaning they are unique images&comma; pieces of audio or visual art that can&&num;8217&semi;t be exchanged for another token&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">As an NFT creator&comma; you can produce your own NFT and then sell it on various marketplaces on the internet&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Making NFTs is the easiest part here&period; What&&num;8217&semi;s more complicated is selling it to users who&&num;8217&semi;d be interested in owning your unique creation&period; And&comma; of course&comma; making a nice profit out of it&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">If you don&&num;8217&semi;t know how to make NFTs but you&&num;8217&semi;d like to learn more about them&comma; here is a short guide on how to get started&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Select a marketplace for your non-fungible token<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">First things first&comma; choose a marketplace for your NFT&period; You can opt between&nbsp&semi;<a href&equals;"https&colon;&sol;&sol;opensea&period;io&sol;">Open Sea<&sol;a>&nbsp&semi;and&nbsp&semi;<a href&equals;"https&colon;&sol;&sol;rarible&period;com&sol;">Rarible<&sol;a>&period; This step is like choosing between Facebook Marketplace and eBay to sell your Converse sneakers&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Consider the transaction fees<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">If you&&num;8217&semi;re choosing OpenSea you need to be aware of the transaction fee&period; OpenSea charges between &dollar;70 and &dollar;400 to display your token&period; On the other hand&comma; Rarible&comma; although cheaper&comma; charges between &dollar;30 to &dollar;60&period; If you have a limited budget&comma; choose Rarible&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Create a crypto wallet<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Whether you&&num;8217&semi;re on OpenSea or Rarible&comma; you need to create a cryptocurrency wallet&period; Popular wallets are CoinBase and MetaMask&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Warning&colon; be very careful not to lose the authentification code that lets you get into your wallet&period; This code is unique to you&period; If you forget it&comma; nothing is going to help you access your wallet&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Open an account on Rarible or Open Sea<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">You can create an account on OpenSea by connecting your digital wallet to your profile&period; To proceed&comma; install your digital wallet extension on your Google Chrome&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Make your first NFT<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">The next step is to make your NFTs&period; If you don&&num;8217&semi;t have an NFT&comma; you can create your own in Photoshop&period; GIFs can also be NFTs so you can make one with Snagit or Easy Gif Animator&period; For 3D art&comma; ZBrush and Mudbox are the go-to programs to use&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">After you&&num;8217&semi;re done with your NFT&comma; upload it to your OpenSea account by clicking &&num;8216&semi;Create&&num;8217&semi;&period; Give it a name and a description and add it to a collection of tokens&period; &lpar;You should first create a collection by clicking the &&num;8216&semi;Create a collection&&num;8217&semi; button&rpar;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Make sure that when you create a collection&comma; you decide how much royalty fees you&&num;8217&semi;ll be paid when your NFT is sold&period; You can choose to get paid 5&percnt; through the Ethereum blockchain&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Finalize the process by clicking &&num;8216&semi;Create&&num;8217&semi;&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Sell your NFT<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Selling your NFT is easy&period; Just go to your NFT page and click &&num;8216&semi;Sell&&num;8217&semi;&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">However&comma; you need to decide its price&period; Start with a lower price so you&&num;8217&semi;d have more users interested in it&period; I&&num;8217&semi;d personally start selling my NFTs for &dollar;5 or even less&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">When your NFT sells&comma; OpenSea is going to pay you 5&percnt; of its original price&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Meaning&comma; if you convince 20 people to buy your GIF for five bucks&comma; you&&num;8217&semi;ll have &dollar;1&period;25 in profit&period; And&comma; as it&&num;8217&semi;s in real life&comma; the more users will buy from you the more profit you&&num;8217&semi;ll make&period; Which&comma; in turn&comma; will make your NFT extremely valuable&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Remember that the whole point of buying an NFT is to have the feeling that you&&num;8217&semi;re someone who owns a piece of art that no one else has&period; An example is the entrepreneur Vignesh Sundaresan who&comma; in 2021 bought <a href&equals;"https&colon;&sol;&sol;www&period;theverge&period;com&sol;2021&sol;3&sol;11&sol;22325054&sol;beeple-christies-nft-sale-cost-everydays-69-million">Everydays<&sol;a> by Beeple for &dollar;69&period;3 million&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Advertise it<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Selling any piece of art requires a bit of marketing on your part&period; Your NFT needs to capture the user&&num;8217&semi;s attention&comma; thus&comma; the more places you advertise it on&comma; the higher the chances of selling it&period; Facebook&comma; Instagram and TikTik are great social media channels to show off your artistic genius&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Conclusion<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Making NFTs is the easiest part of this whole process&period; As an artist&comma; your joy is to make art&period; However&comma; selling and marketing your art are equally important steps of the process&period; You want to give this process a bit of time until users will get to know you and your NFTs&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Success will come to you and to those endowed with patience&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Author’s Bio<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Marlena is a freelance writer and technology enthusiast with an interest in business&comma; health&comma; and cryptocurrencies&period; She has written for Thrive Global&comma; Life Hack and Medium&period; You can say &OpenCurlyQuote;Hi’ to her on Twitter &commat;<a href&equals;"https&colon;&sol;&sol;mobile&period;twitter&period;com&sol;marlenaeeva">MarlenaEeva<&sol;a>&period;<&sol;p>&NewLine;

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