How to Make NFT Art in 5 Steps
Non-fungible tokens (NFTs) are probably the most popular use case for blockchain technology. Some of them are worth tens of millions and have received endorsements from top celebrities and financial entities. They have also revolutionized how we view digital arts and physical assets.
To help you get started, we created this guide on how to make NFT art.
What is an NFT?
Non-fungible tokens (NFTs) are digital assets created and stored on a blockchain. They are unique cryptographic assets you cannot replace with another asset, hence the "non-fungible" description. Non-fungible tokens are created by minting them on a blockchain.
Unlike cryptocurrencies and fiat currencies, you cannot exchange one NFT for another. Each token has unique identification codes that help anyone to verify its uniqueness and originality on the blockchain. Even if you create a clone, anyone can tell the original from the clone by looking at the metadata.
Due to their non-fungibility, they are perfect for representing items from the physical universe, including physical artworks, videos, and real estate. However, you can also create them as standalone art. You can even create NFTs that do not represent any physical asset.
How to make NFT Art
To create an NFT, you must sign up on a platform that supports NFT minting. This platform could be a crypto exchange or NFT marketplace. You will need some cryptocurrency to verify the transaction and mint the token.
The amount and how you pay depends on how the blockchain you use charges a transaction fee for the minting process. For example, this fee is referred to as the gas fee on Ethereum and is paid with Ether (ETH).
Some of the popular NFT minting platforms are:
• Binance (BNB Chain).
• Proton Mint.
How to make your first NFT Art
Ready to create your first NFT? Here is a step-by-step guide on how to create an NFT from scratch.
Define your art
Figure out what you want to create. Most creators tie their NFT to a digital art piece like a short video clip, an image, or an audio file. You can even create an NFT out of a tweet. Jack Dorsey made millions from selling an NFT made from his tweet.
The goal is to create something unique and original. So if you are basing your NFT on digital media, you must hold the right to that asset. Another alternative is to create them without an underlying basis for representation.
Select a blockchain
NFTs are created and stored on blockchains. So, you must choose a blockchain to host your art. There are many blockchains options, each with its pros and cons.
Each blockchain has its community and features, so you should research this. However, if you want to learn through the process, then Ethereum is where you should start.
Set up a wallet
When you create a non-fungible token, it is stored on a blockchain address. You need a crypto wallet to access and interact with your NFTs. So, after you've chosen a blockchain, you need a wallet that supports your selected blockchain.
Some wallets support more than one blockchain; some don't support more than one.
Therefore, you need to research your wallet choice and determine which blockchains it supports. MetaMask, Coinbase Wallet, and Ledger Nano X are the most popular options.
Choose a platform
You need a minting platform to create your NFTs, and there are several platforms to choose from during your minting. For example, Rarible and OpenSea are two platforms that support minting on the Ethereum blockchain.
Ideally, you want a platform that allows easy minting at a reasonable cost and provides you with a place to list and sell NFTs. OpenSea and SolaNart are great choices to mint and quickly sell NFTs.
OpenSea is famous for its Ethereum-based NFTs, while SolaNart is a Solana-based NFT platform. You can also use crypto exchanges such as the Binance Exchange and Coinbase to mint and trade the tokens.
Mint the NFT
Once you've chosen your blockchain, crypto wallet, and platform, the next step is to create your NFT. For illustration purposes, we will describe how to create an NFT on OpenSea. The processes for other platforms may be similar or different; however, the underlying principles apply.
• Connect your wallet: Click the wallet icon from the OpenSea menu and select the wallet you wish to connect. This process will require you to make a verification on your wallet app.
• Create your NFT: Select the "create" option on the Open Sea platform. This option will create a page for you to upload your NFT art and define its features and the blockchain you want to use.
• Define your NFT: You need to give your NFT a name and description. You can add special features such as discount codes or private Discord channel invites. You can also expand your NFT to a collection or limit it to only one.
• Pick your blockchain: The last step is to select the blockchain to store your NFT. Don't make a mistake here, as you cannot change this after you have minted the NFT.
• Mint your token: Congratulations! Your digital asset is live. However, it still needs to be put up for sale. To do that, you need to select the sell button and indicate your sell price and how long you want to put it up for sale. Most platforms allow you to list your NFT for free or next to nothing, while others can charge a lot depending on the network fees at the time of listing.
Depending on the platform, it will cost you a small fee to sell an NFT. Some platforms, such as Binance, will take a percentage of the selling price to cover platform fees and other applicable fees. Other platforms like OpenSea, on the other hand, charge a flat price for each sale.
You can also choose to earn each time anyone sells your NFT and can earn up to 10% each time it is subsequently sold.
You now know how to make NFT art. Minting an NFT requires you to learn a few concepts, like using minting platforms and digital crypto wallets. Once you get a grip on these things, creating them becomes easy.
Author: Tolu Ajetunmobi
Tolu is a blockchain/crypto writer with over 2 years writing in the crypto space and 5 years of content writing experience. She writes high-quality technical, SEO, and blog articles that explain complex blockchain concepts in a simple and engaging way.