With different new-age technologies, many new works are emerging. Technology is increasing its presence in every possible field. Not many people know about digital arts, but with time they are becoming familiar with it. These beautiful digital arts can be seen on every platform these days. But technology can make anything better. And these digital arts are not exempted from that. With a good touch of technology, one can convert their arts into assets and make an outstanding amount of money. NFT is a unique digital asset whose authenticity can be tracked through a blockchain. Nowadays, it is an excellent way to sell digital art using this blockchain technology. One just needs to convert their digital art into an NFT token properly.
Here we discuss how to do this.
Convert Digital art into NFT Token:
NFT stands for non-fungible token. This is the latest hype of people. Everyone is buying and selling these tokens throughout the world. Recently, Mike Winkelmann sold an NFT for $69 million. Here is the complete process. But, how to create your own NFT art? The steps are simple just read, and you will be well acquainted with the procedure:
Step 1: Choose the Art
NFT can be made out of anything. Songs, paintings, videos, or any other digital art can be converted into NFT. So first, choose a proper artwork which suits you best and you are best at.
Step 2: Choose a Blockchain
Before converting the art into NFT, it is essential to choose a proper blockchain platform where one will issue the NFTs. There are a lot of blockchain platforms available nowadays. Each blockchain platform has its own NFT token standard, compatible wallet, and marketplace. This means an NFT token created in a particular blockchain platform can only sell and buy in that platform. So it is imperative to choose a blockchain platform correctly. Etherium is currently leading in the field of NFT issuance. So it is better to use Ethereum to issue NFT. Ethereum wallet supports ERC-721 it is the Ethereum Based NFT token standards, such as MetaMask, Trust Wallet, or Coinbase Wallet. Apart from Etherium, there are many blockchain platforms, like Tezos, Binance Smart Chain, Cosmos, WAX, etc.
Step 3: Purchase a small amount of Ethereum.
In most digital art marketplaces, there are fees associated with converting digital art into an NFT. So one has to purchase some amount of Etherium to proceed further. The price of Ethereum fluctuates every second.
Step 4: Connect the wallet to the NFT Marketplace
After purchasing Etherium, it’s time to choose a proper marketplace to enroll in NFT. For beginners, it is better to enlist NFT in Rarible. This is the straightforward setup and best fit for new users. After choosing the platform, one just needs to select a coinbase (or any other) wallet to complete. It is a transaction.
Step 5: Create an NFT artist Account
Once the wallet is ready to use, it is time to convert the digital art into NFT. To do this, one just needs to register themselves as an artist on the platform. In every NFT-centric forum, there is a create button in the top right corner of the platform. One just needs to click that button, and one will be asked to connect with Ethereum Wallet. One may also need to do a digital sign for better security. From there, one will get my collection’s place. A new window will be open, which allows the user to upload their digital art with name and description. This is an essential part of creating the NFT folder. Once this uploading is done, one needs to add a banner to the page by clicking on the pencil icon. This is the end of making an NFT account for a new artist.
Step 6: Create NFT
Now it comes to the actual conversion. There will be an Add New Item button, and this will allow the user to upload their digital art, which they want to convert into NFT. Once the uploading of digital art is finished, click the “create” button. This ends the process of creating NFT.
Step 7: Sell NFT
After successfully creating NFT, one can enlist their NFT token for sale by clicking on the Sell button. After this, a pricing page will open where one can define the conditions of the sale. One can even run an auction or sell the NFT at a fixed price.
With that, you have successfully created your NFT. Through NFT, the artist not only earns from the one-time selling of their art but keeps earning from the NFT tokens as long as they exist. If one can create something outstanding, it is not very hard to convert it into NFT and sell it. The setup is effortless. And anyone can do this. The only thing you need is a good NFT Marketplace and we would recommend you to check NFTically.
NFTically is an open for all NFT marketplace where users can buy and sell their NFTs. It also allows users to set up their own NFT store, which lets them build a storefront in minutes. What’s more, they are protected by highly secure blockchains, which provide good security. So artists don’t have to worry about their art being copied.
As you can see, the process is not too problematic; all you have to do is follow the steps to create and sell NFT. If you succeed, you can earn a good amount of money from here.
Also, Read –
It was March 2021 when Beeple’s collage of 5000 digital images sold for a mind-boggling $69 million. Undoubtedly, that opened the floodgates for Non-Fungible Tokens (NFTs) to go mainstream. Today, artists, brands, celebrities, and even…
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