From the classics to the downright zany, NFTs have been making the news and shaking up the art world, reinventing our idea of collectible art.
Overall sales which are up over 55% since 2020 have seen many major milestones in the last year alone, with Beeple’s work generating $69 million at Christie’s auction house, the Banksy burn, collectors like TRON’s Justin Sun investing over $22 million in works by Picasso and Warhol and many celebrities jumping on the bandwagon, by releasing their own songs, Tweets and private collections as NFTs, think Pele and Muhammed Ali collection.
NFTs can take many forms, as well as art, they can be in the form of collectible trading cards, gifs, songs, videos, basically anything that can be digitized.
But did you know that anyone can become an NFT creator?
It’s true, and in some cases, you don’t need to know anything about art, the blockchain, or even coding in order to do it. Let’s look at how you can become your own NFT creator and then go on to potentially sell your works.
Step 1 is to first choose your blockchain. Historically, Ethereum was the go-to chain for NFTs, however, due to its clunky and gas-guzzling Proof of Work model, Ethereum is no longer the obvious choice. With transaction fees at an all-time high, energy consumption leaving a bitter taste in the mouth, and Ethereum’s sluggish transaction speeds, more creators and marketplaces are looking elsewhere. There are two main platforms in the space, OpenSea, a peer-to-peer collectible marketplace based on Ethereum and Unifty, which offers the choice of many different blockchains from one place. We’ll take a look at creating your own NFTs on Unifty a little later on.
Each of the blockchains you choose from has its own token standard, so for instance, if you create an NFT on Polkadot, then you can only feature and sell it on platforms that are compatible with the Polkadot network.
Minting With OpenSea
If you are considering minting your own NFT on Ethereum, then you will need an Ethereum compatible wallet and holdings of around $100 in Ether, Ethereum’s native token. Each blockchain and platform has its own requirements, of course. Once you choose your blockchain, you then need to choose the platform you would like to mint your NFT. On OpenSea for instance, in order to start creating your own NFT, you simply start by clicking the Create button.
From here you will link your Ethereum wallet and once that’s done you click again on the Create button to upload your digital art or whatever it is you’d like to turn into an NFT.
Once you have uploaded your art, you will click on “Add New Item”. You can add hidden properties here which can be unlocked only by the NFT holder. This increases the rarity of the NFT. Once done, click “Create” again and that’s it you have your own unique NFT. If you then want to sell it, you can locate your collectible and click on the “Sell” button. From here you will decide how much to sell it for and submit where it will be listed for sale.
Earlier, we mentioned Unifty, which is an NFT hub that gives creators the ability to choose from any of a range of blockchains, including Binance Smart Chain and Ethereum.
This platform gives creators the ability to make their own NFTs in a very simple fashion, without needing to know how to code or how to use the blockchain. It allows users to mint, buy, sell, swap, and create NFTs and NFT farms literally with a few clicks. As with OpenSea you can simply upload a link to your work and feature it that way. Here’s how you do it:
1. Select the blockchain of your choice in the top right corner
2. Click add new collection button
3. Type in the parameters and select the URL of where your work is located and click create.
Once it’s up, you can then opt to sell your NFT directly from this marketplace.
And that’s how simple it is to create your own NFTs. Both OpenSea and Unifty are based in the U.S. and serve creators and users across the globe. So ready to get involved in the fascinating world of NFT minting? Choose a platform and dive in.