With NFTs growing in popularity, many artists are interested in knowing more about how to create an NFT to earn money. The entire process of making a unique digital asset is more accessible and simpler than you may realize. NFT marketplaces have put a lot of work into ensuring that the process is as streamlined as possible, and the good news is that you don’t need a huge amount of technical know-how to create an NFT.
What Can an NFT Represent?
You can create NFTs that represent basically anything since these tokens are either digital assets that are only stored on the blockchain or digital versions of tangible items in the real world. Some of the most common NFT types that are available on the market today include digital images and art, videos, music, game items, sports moments, memes, domain names, virtual fashion items, trading cards, and collectibles.
How to Make an NFT
The first thing to do is choose an NFT platform where you can create and sell NFTs. You will also need to set up a cryptocurrency wallet which will allow you to mint NFTs, pay any fees that are due, and receive cryptocurrency payments when you sell an NFT. The good news is that there are now several online platforms that allow you to easily create and sell NFTs.
Step One – Create Artwork
Before learning how to make an NFT, consider the type of unique digital asset you wish to create and sell. You can create your own art, use a GIF, meme, painting, or something else, or even download a ready-made 3D model from certain marketplaces. Bear in mind that NFTs are exclusive digital items that can only be owned by a single person at any given point in time. So, you will need to ensure that you have intellectual property rights for any items you convert as an NFT.
Step Two – Choose a Marketplace
Spend some time researching NFT marketplaces to find the right one for you. There are several marketplaces available that are all different when it comes to pricing and features. Choose a marketplace that allows you to create NFTs on the blockchain and then sell them.
Step Three – Set Your Wallet Up
Depending on the marketplace you are using, there are different steps to set up your wallet. You will need to first set up a wallet that is compatible with the blockchain you are using, such as Ethereum, and then connect it to your NFT marketplace account.
Step Four – Mint NFTs
NFT minting is the process that transforms your digital file into a digital asset on the blockchain. Depending on the marketplace you are using, there should be step-by-step instructions that you can follow to upload and mint your digital file to turn it into an NFT that can then be sold. NFT platforms do not charge creators for minting NFTs when created – they are now minted upon purchase and the fee is covered by the buyer.
If you’re a digital artist, or simply like crypto and digital products, then creating and selling NFTs is easier than ever to get involved in.