Are you planning to make a handsome amount of money out of your creative work by staying at home? Or willing to sell your Digital Artwork on a creative market at a Gigantic price? Then the NFT Business is definitely going to be your next exciting way to earn Whopping money online with your creativity and by doing what you love! Digital artists, illustrators, and designers all around the world are rolling up their sleeves to put their breathtaking art material on the blockchain.
Some of you might be curiously wondering, “What is an NFT?”. Or questions such as “How can I make money with NFT?”, OR “How will I sell my NFT?” might be popping in your head right now, Right?
First Of All, let me introduce NFT to people who are confused with this hype word! NFT basically stands for “Non-Fungible Token“. In which Non-Fungible means that the digital artistic work to be sold and traded is Unique and Cannot be Replaced with Something Else. NFTs are quirky artwork tokens that represent ownership to any creative items from paintings, GIFs or vintage action figures to music to in-game items and video files. But instead of purchasing a physical item, you will be paying for a digital file and ultimately become the owner of the original copy. It allows the digital content to become logged and verified on cryptocurrency blockchains. NFTs are stored in a digital wallet, just like cryptocurrencies.
Beeple, a graphic designer from the USA, produces unique and eye-catching artwork pieces, including short films. A year ago, in March 2021, he sold his purely digital masterpiece artwork, “EVERYDAYS – THE FIRST 5000 DAYS” for a mighty price of $69 Million and became one of the top-3 most valuable digital artists who create extraordinary work!
Some of the most spectacular and notable NFTs are Nyan Cat, The Merge, Taco Bell, Cryptopunks, Crossroads, Ocean Front, Stay Free, Replicator and The first tweet.
If you have got this far, you might be imagining, “Can I make an NFT?”. But you don’t have to be worried as I got you covered! And I am here to help you out by sharing a bonafide guide that will lead to your business success, For Sure!
Well, ANYONE can generate a piece of art, convert it into an NFT on the blockchain and set it up for sale on his own chosen auction platform. There are different platforms to pick from, but generally you only need to fill in details of your NFT, upload your artwork and pay your minting fee.
Usually, art enthusiasts will mint their out of the box artwork on an NFT marketplace. The process of turning your digital work into an NFT so that it can be sold or traded is known as ‘Minting’. There are various marketplaces that have emerged around NFTs, which let you buy and sell. Some of the popular sites where you can trade your NFTs are:
- Axie Marketplace
- Nifty Gateway
- NFT Showroom
I would like to advise caution and meticulous consideration of which marketplaces to use. The sites BakerySwap and Treasureland are highly recommended, for ease of use as they both have unambiguous interfaces and relatively inexpensive fees for minting your NFTs. To ‘mint’ an NFT, all of the above-mentioned NFT trading platforms will require paying upfront.
BakerySwap is one of the largest trading grounds for the ones who wish to sell their creativity, whereas Treasureland allows you to mint for FREE!
On BakerySwap, NFTs can be smoothly created from beginning to the end. Here, the only thing you have to ensure is to be ready to pay your minting fee i.e. 0.01 BNB and a crypto wallet that will store that BNB. In order to swiftly mint an NFT on BakerySwap, follow the steps below:
- Firstly, visit BakerySwap NFT Marketplace. There you can see “connect to a wallet” at the top-right corner of the page. Simply begin by clicking on it to connect your wallet.
Since you’re a newbie, you probably don’t already have a wallet. So, I would recommend MetaMask for Desktop and Trust Wallet for mobile users.
2. When you’re done with connecting, click on “Mint Artworks” to create your NFT.
3. Next, fill out each and every obligatory field with necessary details of the collectible.
4. Now, you’re going to upload your file. So, for this, click on the [+] icon, located directly below your Artwork information.
5. Once you’ve successfully uploaded your art and content with the information you’ve filled in, don’t forget to agree with the anti-plagiarism declaration before moving forward to click “Mint”.
6. If you’re a MetaMask user, a window will appear asking for payment confirmation of your minting fee.
As soon as you pay the fee, your uploaded NFT can be viewed on the blockchain with Bsc Scan. FINALLY, it will be available and ready to transfer and trade as you desire!
7. Now, as you have successfully created your NFT, you are able to send it to your buyer from your wallet.
The receiver will provide you with their exact deposit details for the type of token you have.
In addition, NFTs hold a feature that can be enabled so that you will be paid a percentage each time your NFT is sold or changes hands. If your digital work gets super popular and expands in value, you will get some percentage of that benefit too.
The Non-Fungible Token trend is rapidly growing fast and becoming convenient to use. If you intend to mint your own NFT, the procedure is quite easy, a bit risky yet worth it!