NFT is a highly well-liked digital platform among many people. What is actually happening in the market for buying and selling digital goods, particularly the popular NFT, will be revealed in this essay.
Are you a digital artist seeking more advanced ways to showcase your work?
Perhaps you are an entrepreneur who has heard of NFT and wants to work in the sector?
In either case, your initial action should be to learn how to make NFT digital art.
Making NFT art is often not that difficult. Particularly if you are already familiar with the cryptocurrency industry and have some knowledge of how blockchain technology functions.
However, everything could be unclear to a newbie.
If you belong to this group, don’t worry; I’ll show you how to create your first non-fungible token (NFT) and issue it on the most well-known non-fungible token exchange in the world!
What Purpose Does Learning How to Produce NFT Artwork Serve?
If you are among those who have strong reservations about this subject, you might respond as follows:
Why should I master NFT artwork creation?
This is nothing more than hype, and in a few months, this fad will be over.
Indeed, if you are reading this article, you will most likely not think so. However, it’s good to know some of the common reasons that make people choose to enter the NFT trading platform.
At the same time, we will also discuss some of the popular concerns and criticisms of the existence of NFTs in this guide, and delve deeper into NFTs to explore their usefulness.
Access to New Fans
Assuming you are a digital artist—or possibly a visual artist—exposure is one of the main advantages of participating in the non-exchangeable token universe.
Nobody disputes the popularity of cryptocurrencies.
Many governments now recognize Bitcoin as the nation’s official currency.
This provides more proof that widespread adoption is happening.
As you might guess, the enormous global crypto community will then continue to flourish.
NFT is also covered by this.
Artists who enter the NFT trading platform usually expose themselves to a whole new audience and potential buyers of their works . On the other hand, you can also market your newly created NFT business to your old audience, the concept itself remains the same.
The NFT trading platform might serve as a kind of launchpad for your career if you are a fledgling artist or if you haven’t yet been able to gather a following. Although it’s difficult to stand out against the sea of other artwork on some NFT trading platforms, there are still lots of advantages to learning how to develop NFT art!
Continuous Royalty
When you produce art and sell it, you typically only get paid up front. You might also get a follow-up order if a customer refers your work to their friends or coworkers, but your gains will be restricted to that.
You won’t be restricted to a one-time payment after you discover how to create NFT art and begin selling your NFT digital art.
On the other hand, you might be eligible for lifelong income on any future sales!
With respect to royalties, each NFT trading platform will have a different rate. Some will offer their artists around 2.5% in after-sales royalties , while other platforms can increase that amount up to 30% – a huge amount! Of course, the first offer is very small and the difference is very far, but all of that is still an estimate.
Big and Growing Industry
The NFT market was in its infancy when this tutorial on how to create NFT artwork was written. The market for non-fungible tokens is booming, estimations of the value of works of art are rising everywhere, and NFT is a hot topic.
In all honesty, it seems like we are too foolish to believe that this growth would go on forever.
However, there is a significant development that we can see day by day: NFT continues to exist.
There are numerous exponential benefits to entering the sector as a pioneer.
You must build a brand and a reputation for yourself and the art you produce if you want to earn money from it.
You’ll see benefits more quickly if you get started right away.
You feel it’s too late? That is not true! Although NFT is already very popular, of course, the topic of NFT is far from being out of reach of ordinary people, and has not been fully explored by the general public.
Earlier in the article, we discussed the potential exposure you receive once you join the ranks of NFT artists. I’m sure the financial incentive is another fundamental factor that might encourage you to learn how to make NFT art! Considering that the crypto market is worth more than US$2 trillion , this is definitely an industry that many people want to be in.
The best part? You don’t have to be a developer or day trader to make a profit with cryptocurrencies . NFT opens this marketplace to artists and other art-related people around the world.
How to Create NFT Artwork in 6 Steps
Regardless of whether you are in line with the aspects mentioned above, or have your own personal reasons for wanting to learn how to create NFT art, the process will remain the same .
I’ve covered the NFT creation process in another article that deals with the topic of NFT. However, we will discuss it in depth in this article in several steps. To get started, you’ll need some Ether coins, and a reliable crypto wallet to store them.
Step 1: Buying Ether, Setting Up a Crypto Wallet
Ether is the native cryptocurrency of the Ethereum blockchain . This blockchain is home to most of the existing NFT and NFT trading platforms – of course, if you learn how to create NFT art, you will be dealing with Ethereum a lot.
The first step you need to take to start creating digital art NFTs is to buy some Ether coins on a crypto exchange , and transfer them to your designated crypto wallet .
When it comes to crypto exchange platforms, I highly recommend you choose Coinbase . Coinbase is the world’s leading crypto trading platform, and offers its users a very beginner-friendly way to buy , sell , and trade crypto . You can also look at some Coinbase alternatives , but if you’re new to the industry, Coinbase is the best crypto exchange of choice.
After you buy some Ether, you will need a cryptocurrency wallet to store it. It is not recommended to leave your coins on a crypto exchange. After all, you will need a separate wallet to connect to the NFT trading platform.
In order to use the trading platforms mentioned above, you must have a MetaMask wallet . You can directly create an account, and save your ETH here. However, if you put security first , and want to keep your crypto coins and NFTs protected, investing in a hardware wallet is highly recommended . Here, the Ledger Nano X is the best choice.
With the Ledger wallet, you can still use MetaMask, without having to switch between them. You can simply connect your Ledger device to MetaMask , and will be able to do all your processing via MetaMask
Once you have both wallets set up, and your coins have been transferred, you can start checking out guides on how to create NFT artwork on certain NFT trading platforms. Because the explanation I gave earlier is only an introduction – the follow- up process really has to be studied again!
Step 2: Choose the Right Trading Platform
It’s impossible to talk about how to make NFT art without choosing the right NFT trading platform first. This is because most of the NFT creation process occurs on the platform.
If you already have a painting, drawing, photo, or character design ( or whatever is relevant ) and are ready to be converted into NFT, finding an NFT trading platform is the next priority . With the right platform, you can not only narrow your audience ( there are niche-specific NFT trading platforms out there ), but you can also ensure that the NFT creation process is as simple and smooth as possible.
However, how to choose the best NFT trading platform? Honestly, whether you’re just learning how to create NFT art, or are already a proficient seller, there’s one platform that stands out from all of them – OpenSea.
There are several reasons why this platform was chosen. OpenSea has the largest availability of NFT options, accumulating nearly 20 million tokens as of this writing. Apart from that, OpenSea is the most popular platform for dealing with NFTs by far – OpenSea is synonymous with all things non-fungible tokens in the crypto world.
OpenSea is laudable for many reasons, and the main reason is its simplicity and user experience . While OpenSea is very easy to use, and feels quite suitable for newcomers to use, it still offers all the necessary tools you might need to sell NFT artwork.
There are also other options you can choose from. Rarible is another popular platform worth checking out and exploring, and ( as mentioned earlier ) a niche trading platform . Markets like Rarible won’t give you the exposure and options OpenSea usually does.
In short, if you want to learn how to create NFT art, and get started on your NFT journey right, you really won’t be disappointed with OpenSea.
Step 3: Connect to OpenSea, Create a Collection
To start creating NFT, you need to be logged in to your OpenSea account , with your MetaMask wallet . You’ll find out that MetaMask isn’t the only wallet you can use – of course! -, but indeed MetaMask is the best choice both for beginners, and for those who want to keep things simple and concise.
First, navigate your cursor to the top right corner of the official OpenSea website screen , and hit the little wallet icon. Here, you have to select MetaMask.
Once connected, you should go to the ” My Collection ” tab . This option is located in the drop-down menu, below your profile picture.
After selecting the button to create a new collection, you will be redirected to a page full of various customizations . Here, you can choose a logo and banner for your collection, enter a description, create a custom URL, choose a category, and much more.
Once you’ve fixed the visual aspects , you’ll need to sort out royalties, payment methods, and other data as well. Royalties must be set by You, but cannot exceed 10% . That’s the maximum amount you can earn on OpenSea as advanced sales royalties.
You should also choose the blockchain as the place where your collection will be . This option will also determine the tokens you can receive as payment for your NFT. If you’re just starting to figure out how to create NFT art, and aren’t very savvy about the topic of crypto as a whole, it’s a good idea to stick with the Ethereum blockchain , and Ether as your payment method of choice.
Once you have finished creating your NFT collection, wait for the page to reload. Once done, you will be directed to your collection – in the upper right corner of the screen, click to add item . This is where you can create the NFT as you wish.
Step 4: Create and Publish NFT
We finally get to this part – the point where your NFT will be released! But, you still need to fill out some forms, and set your token property .
The first thing you should do is – of course – upload your files to the platform . This file can be anything – images, photos, GIFs, and so on. If your NFT artwork consists of 3D imagery, the file extensions will be different – OpenSea can still support it .
After you upload the file, give it a name and write a description, then you have to choose some properties and statistics for your NFT . Usually the description is optional, but it will make your token more unique.
Once all is done, you can hit ” Create ” one more time, and you’re done – your NFT has been created! You will be directed to the preview page, and will be able to see how it will look in the eyes of potential buyers.
Once you are satisfied with the results of the NFT, you can proceed to the sale page, and prepare the tokens for sale , or auction . Here, you can determine the best sales path for your non-fungible tokens yourself!
OpenSea even allows private selling – you can specify one wallet address that can only buy your NFT. Of course, this is a really great feature!
After completing all the above procedures, you can publish your NFT – a MetaMask wallet popup will appear, with information on the Ethereum gas fee you have to pay for the NFT to be printed. As you can see from my NFT publishing experience, these costs can be quite high! This is why you should always try to predict market times , if you want to get better gas prices – you can check them out here.
Step 5: Manage Your Tokens
All of the aspects we’ve discussed so far sum up your first NFT publication . It’s time for a moment of self-praise, but an artist rarely only prints and issues a single token. If you are diligent about making NFTs, you will have an excellent collection of your works!
At this point, you should start optimizing your processes, and think smart.
For starters, gas costs . If you publish your NFTs individually, you will most likely end up paying a hefty fee – very ineffective . Instead, you can find out about bundled issues – a surefire way to print a specific number of tokens at the same time, so you can reduce gas costs.
Always keep an eye on the latest related news regarding cryptocurrencies as it will be of great help to you. The price of Ethereum gas itself is highly dependent on market congestion – the more transactions that are processed at any given point in time, the higher the gas price will be.
NFT transactions also depend on the popularity of the network. If you can time the market well, you can save a lot of Ether to pay!
In addition, you also have to reorganize your collection . Since you can create multiple NFTs in your account, make sure all of them are in the correct category – this will help your NFT artwork to be found, and will also allow potential buyers to access some of your alternative works.
Step 6: Market your NFT
OK, your NFT artwork has been published – so what else?
Well, you can just leave it there, and hope someone finds it. However, this is a bad way to go – learning how to make NFT doesn’t just end when you hit the ” Sell ” button . Actually, it’s only half of the whole procedure – the next procedure that revolves around marketing your token is just as important .
As I pointed out earlier in this guide, OpenSea has nearly 20 million non-fungible tokens for you to check out and earn. 20 million is a huge amount! While OpenSea may just be the center of the NFT industry, its sheer number is also a sign that your digital art NFTs can quickly disappear in a sea of other NFTs .
So, how do you market your tokens? Well – the answer depends.
If you’re an artist with a loyal audience, things just get a lot simpler . This means that you already have followers who are interested in your work, and give you the option to purchase your work in the form of non-fungible tokens that can later become prospects that attract interest and attention.
However, if you have no followers, or are just starting out with your social media presence, promoting your NFT should go hand in hand with creating a presence for your work .
This is a crucial aspect that deserves to be addressed in this tutorial on how to make NFT artwork. To participate in the NFT community, you don’t need to be an established artist. While this undoubtedly helps you advertise your business, devoted followers are not necessary. From here, you may establish your footing in the cryptocurrency industry and get popular.
More Than Just Speculation
As pointed out earlier, perhaps one of the most popular criticisms expressed by potential users who are skeptical of NFT has to do with the speculatory nature of this token . Terms like ” expensive ” and ” time bomb ” are all over the place – how many benefits does NFT really have?
The answer, of course, depends on who you ask this question to. However, judging by market trends, NFT is likely to remain .
The argument about non-fungible tokens being too expensive is utterly groundless. Just like some well-known works of art, digital art NFTs are priced in such a way because of market demand – if any individual is willing to pay a lot for a particular NFT artwork, such a price means it’s a fair price for the work!
As far as the NFT time bomb is concerned, it’s good to see NFT in terms of its utility which is becoming more and more known day by day . If you create a standalone art NFT, great – however, if you create an art based token that has some hidden content that cannot be unlocked ( meet and greet tickets, thank you videos, etc. ), you may already be considered contributing to future success NFT universe.
At the same time, art-based NFT will also not be far from the trading platform ! In the same way that physical works of art were performed centuries ago, the digital age brings only alternative media – not significantly different!
But, of course, it is worth acknowledging the speculative nature of this art form. Lots of real physical art, and has some sort of established value – NFT still needs to earn that reputation within the industry. But , it looks like this will be seen with time.
