How To Mint An NFT: A Complete Guide
For those wondering how to mint an NFT, we’ve got the low down on all the details to get you started on your NFT journey.
Non-fungible tokens, commonly known as NFTs, are digital tokens created with blockchain technology.
They are one of the hottest things on the crypto market. These digital tokens represent tangible and intangible objects like music, art, videos, in-game items, and collectable digital masterpieces with their unique electronic signature.
NFT’s can be bought using crypto. Their popularity has soared recently, with many NFT artists fetching six-figure sums for their work.
With NFTs recording a transaction volume of over $3.4 billion in August this year, it’s no surprise that more and more investors are exploring this option to diversify their portfolios.
For crypto enthusiasts taking a break from online shopping, transacting across borders, or crypto gambling, minting NFTs may be just the ticket to pass your time profitably.
The Rapid Rise Of NFTs
The NFT market has been relatively unexplored until the second half of 2020 when one piece of NFT art sold for a whopping $69 million – a digital artwork called Everydays: The First 5000 Days by the artist Beeple that was auctioned by Christie’s.
That sparked a frenzy as people started waking from their crypto slumber and taking a closer look at how NFTs could add value to their portfolios.
In the past 18 months, NFTs have come on in leaps and bounds. There has been unprecedented interest from those who wish to collect NFT art and collectables and those who want to mint their own NFTs.
So you are still probably wondering how to mint an NFT. Read on as we discover how.
What Is The Value Of NFT Minting?
What is NFT minting all about? It’s a question you probably asked yourself a few times.
Perhaps you think it’s similar to creating a digital coin? If you were, you’re on the right track.
Minting NFTs is the process of creating digital or real-world content that is unique or of a limited edition. Using blockchain technology to create an NFT has its digital signature attached to it.
This means it can be traced directly to its creator, no matter how many owners have passed hands. Moreover, it can only ever have a single owner at a time, and that record of ownership can never be changed – making it valuable and a must-have for those collectors amongst us.
For artists who often draw the short straw for their work, NFTs eliminate the need for undeserving third parties who mediate their sales and instead put artists in direct contact with their buyers.
Moreover, with talks of the metaverse gaining traction, NFTs are a fantastic way to own valuable possessions in the virtual realm, portraying your taste and social status in a digital world.
Such scarcity is valuable, making minting NFT’s a lucrative proposition – something that the world has just woken up to.
Things To Consider Before Minting NFTs
Before we dive into the details of minting an NFT, there are some important things to consider before the minting process starts.
NFT minting, in essence, refers to the process of converting digital art into a part of the Ethereum (or another blockchain) as a public ledger. This converted digital art would not be able to be tampered with and will be immune to any changes or modifications.
Similar to the process of creating coins through minting, adding NFTs to a blockchain is also known as minting.
Minting an NFT will ensure proper representation of your digital artwork and that your item can be flexibly traded or bought on an NFT marketplace.
Moreover, NFTs can track ownership accurately – a big plus for future resale or collection. With that being said, you must consider the following:
Blockchain Platform
When considering how to mint an NFT, you must evaluate the different blockchains that support the NFT token standard and decide on the platform you wish to use for the minting process. The most popular blockchains for minting NFTs include the following:
- Ethereum
- Polkadot
- Binance Smart Chain
- Tron
- EOS
- Tezos
- WAX
- Flow by Dapper Labs
- Cosmos
NFT Ecosystem
This entails being aware of all NFT capabilities on the blockchain that you have chosen. You must ensure that the platform of your choice can support the transfer and sales of NFTs on other blockchains.
As a creator of NFTs, you must take a holistic view of the pros and cons of each NFT ecosystem with each blockchain.
Cost-Effectiveness
The next factor you must consider is finding the most cost-effective way to mint your NFT. Many people who decide to create an NFT are first-timers exploring this brand-new environment. It may plausibly be the case that they are looking at how to mint an NFT for free – with popular blockchains being their go-to platforms, i.e., Ethereum and Binance Smart Chain.
NFT Marketplace
Another crucial factor to consider is the choice of NFT marketplace for creators. Platforms like Ethereum and Binance Smart Chain offer NFT creators the largest NFT marketplaces to sell their masterpieces while providing additional exposure to buyers.
Regarding the Ethereum blockchain, NFT creators will have access to a comprehensive collection of NFT platforms, including established ones like Rarible, Mintable, and Opensea.
With Binance Smart Chain, NFT creators can use Juggerworld, Treasureland, and BakerySwap.
How To Mint An NFT – The Process
Now that we’ve covered the most important dynamics of non-fungible tokens, it’s finally time to find out how to mint an NFT. Let’s dive into creating NFTs and trading them on blockchain platforms.
Creating An Asset
Creating an NFT always starts with making the asset that it represents. You must give it your all and create a piece of innovative and appealing artwork – something you would want to buy.
Considering how advanced our technology is, the digital age offers many opportunities and choices with several exciting digital themes and media – 3D Illustrations, abstract, audio, political, whimsical, and hyper-realistic – to name a few.
The beauty of dabbling in NFT creation is that you can find a buyer for almost any type of artwork. You can only take inspiration from The First 5000 every day or the CryptoPunk 7804 to realise how your imagination can lead to untold riches through the virtual realm.
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Purchase Ether
Considering most NFT development projects are on Ethereum, you will need to buy some Ether.
For our illustration, we will assume that you will do what most NFT creators do and use Ethereum as your choice of blockchain for creating your NFT. When minting art as an NFT, you generate documentation about that piece of art on the blockchain.
That documentation could conceivably indicate the wallet address of the artwork’s creator – an unmistakable mark of ownership in the form of a digital signature. This record cannot be changed or deleted.
The sales that follow from creating your artwork cannot affect your identity as the original owner and creator.
If that isn’t enough, it also features accurate records of every owner of that piece of artwork and offers public access to that record so that everybody on the blockchain can see it.
To create such a record for your NFT creation, you will need to pay for that transaction, in all likelihood, with Ether.
Gas fees fluctuate considerably based on the demand for creating transactions on the blockchain. With this in mind, you now know why you need to purchase Ether – to make payments for gas before minting NFTs.
Create A Non-Custodial Ethereum Wallet
While many creators would love to know how to mint an NFT for free, the reality is that you must have Ether to add your art as an NFT to the Ethereum blockchain.
Once your NFT is listed, you then have many opportunities to sell your artwork. This is precisely why you will need a non-custodial wallet.
A non-custodial wallet is a specific type of crypto wallet that allows total control over your funds. Essentially, it is an account to store and transact with crypto safely.
You must remember that a non-custodial wallet differs from wallets that fall under the management and ownership of a centralised crypto exchange.
Non-custodial wallets help NFT creators access the seed phrase – a randomly generated 12-word combination that will help back up that wallet alongside access with multiple devices and platforms.
With this in place, NFT creators can go about their business cost-effectively without restrictions on accessing their funds through exchanges.
You must be aware that you have total responsibility for this, and you could lose all your funds if you lose the seed phrase.
Some popular mobile non-custodial wallets include Rainbow and Coinbase Wallet, while laptop users can use MetaMask.
Set Up The Non-Custodial Wallet
To set up the non-custodial wallet for optimised NFT minting, you will need to follow the steps below:
- Access the http://www.metamask.io website and install the chrome extension.
- Click on the “Create a Wallet” button on the right-hand side of the page.
- Create a password – note that this password is not your seed phrase.
- Copy your seed phrase and store it in a safe and retrievable location. You must remember that the seed phrase is vital in NFT creation, and losing it may mean you won’t be able to access your funds.
- Finalise the setup process.
Transfer Ether To The Non-Custodial Wallet
Once the non-custodial wallet is set up, you can move some Ether into the wallet. The wallet address is like your bank account number that you will use to send and receive crypto.
For those who will use Metamask, you can copy the wallet address from the page dashboard – convenient and easy!
Choose An NFT Marketplace
When pondering the cheapest way to mint an NFT, you must find the most suitable platform for the minting process.
With that in mind, an NFT marketplace is just as essential as the process of NFT minting.
The most popular NFT marketplaces are OpenSea and Rarible. With OpenSea, users don’t have to pay minting fees for every new NFT creation and only pay for the first time when setting up their collection.
The buyers of your NFT will compensate for the gas fees of that transaction. Once your NFT is minted, it goes into your wallet and allows you to sell it at the marketplace of your choice. While minting on one platform and selling on another can be done, it’s best to use a single platform for this process.
Create Your NFT
Finally, you clean your digital hands by minting your own NFT.
This step is very easy, and the many platforms available for NFT minting have made the process simple. By using OpenSea as our example, the typical steps to minting an NFT are as follows:
- Access the http://www.opensea.io website and click Create.
- Read the Message portion of the signature request to confirm that you choose the correct action.
- The minting process on the OpenSea NFT marketplace is called lazy minting. It entails NFT minting as part of a collection. You can click on Create in the My Collections section, then add a collection name, description, and logo. NFT creators have the flexibility to include many NFTs in their collections.
- You can add new items to your NFT collection on the OpenSea NFT marketplace. Click on Add New Item, upload the high-quality artworks you have created, and give them a name alongside external links, descriptions, and properties before clicking on Create.
Simple as that – you are now the owner of a unique NFT!
Final thoughts
When you consider how to mint an NFT, you can see that it is relatively straightforward.
Be careful about the initial requirements, especially planning and preparation.
While creating NFTs can be a gratifying experience, you must approach the minting process with the recommended best practices to facilitate the most cost-effective NFT minting.
The most important thing is to let your creative juices flow, let your vision manifest into a digital masterpiece, and leave a virtual legacy that will last a lifetime. Good Luck!
Минт: что это в криптовалюте
Минт – это процесс получения цифрового актива, который является преобразованным цифровым файлом и хранится на блокчейне. При помощи этого процесса пользователь может сделать NFT товаром. После этого появится возможность его приобрести, продать, перевести между кошельками. Особенность в том, что все эти процессы будут абсолютно официальными. Если говорить просто, то хотим отметить, что минт – это зарождение NFT на блокчейне.
Что значит минтить NFT?
Когда вы приобретаете NFT на каком-либо маркетплейсе, то вы лишь пользуетесь услугами вторичного рынка. Практика показывает, что заминтить токен позволено только в том случае, если владелец принимал участие в первом распределении НФТ. По факту, минтить – это покупать NFT в первый раз.
Отметим, что какие-то минты проходят бесплатно. Вам для этого потребуется оплатить исключительно газ, но в основном проект устанавливает определенную стоимость продажи. В процессе минта пользователи покупают все интересующие их NFT, а потом продают на вторичном рынке с наценками для получения прибыли, когда их стоимость и спрос увеличиваются.
Если вас интересует криптовалюта, что купить в 2022, то мы не можем не порекомендовать вам изучить ассортимент цифровых монет, который предлагает специальный сервис Matbea. Это та площадка, где вы за рубли и по выгодному прайсу без серьезной переплаты за комиссию можете приобрести любой популярный вид криптовалюты. Сервис привлекает широким функционалом, моментальными транзакциями и очень выгодными тарифами. Там все выполняется буквально за несколько кликов. Также из плюсов стоит выделить еще и качественную техническую поддержку. Она работает круглосуточно и поможет оперативно решить любой вопрос.
Что понадобится для минта NFT?
Еще одна особенность в том, что при покупке НФТ сам покупатель не может его выбрать. Он просто оплачивает стоимость, а NFT раздается случайным образом. По факту, это лотерея, поскольку можно за вложение получить или классический, или очень редкий и дорогой экземпляр, кому как повезет.
Чтобы заминтить NFT, нужно соблюдать такие условия:
- Криптокошелек должен быть совместим с тем блокчейном, где происходит минт НФТ.
- Важно, чтобы сумма была равна стоимости минта.
- Нужно предварительно проверять цену на газ для минта, чтобы не уйти в минус.
Если новичок будет соблюдать эти условия, то тогда он сможет получить первую прибыль.
Как минтить NFT?
Как правило, дату минта проект всегда называет заранее. Вам нужно будет в конкретное назначенное время перейти на сайт по официальной ссылке.
Запомните, что мошенники часто размещают фишинговые ссылки. Обычно они пишут «жертвам» в Discord или личные сообщения. Знайте, что ни один уважающий себя проект не будет писать конкретному покупателю или продавцу в личку. Это делается для кражи ваших средств.
После перехода по официальной ссылке в преддверии минта нужно подключить кошелек, указать количество покупаемых НФТ и указать сумму. Отдельно в окне появится значение за газ, которое тоже нужно будет оплатить.
Перед покупкой рекомендуется заранее оценить успешность минта. Для этого лучше проверить факторы продаваемости коллекции, изучить статистику, отзывы, рейтинги. Помимо этого, рекомендуется предварительно зайти на маркетплейс, где уже листится НФТ, чтобы посмотреть, по какой цене продают сминченные товары. Практика показывает, что если минимальная цена и флор прайс выше стоимости минта на данный момент, то тогда можно принимать участие. Таким же образом получится и оценить общую активность на рынке, спрогнозировать прибыль.
Что такое Минтить в Криптовалюте?
Заминтить токен можно только поучаствовав в самом первом распределении NFT. То есть минтить NFT – значит покупать его впервые. Какие-то минты проходят бесплатно (нужно оплатить только газ), но чаще всего проектом устанавливается определенная цена продажи.
В этом заключается ключевое отличие криптовалюты от реальных денег — последние эмитируются строго по решению Центрального Банка РФ. Любой тип криптовалюты не имеет официального статуса в качестве платежного средства (ряд стран уже признали биткоин, но в России этот вопрос еще обсуждается).
За проделанную работу майнеры получают вознаграждение, что превращает эту деятельность в один из ключевых способов заработка на криптовалютах. Правда, в последние время традиционный майнинг на вычислительной технике все больше становится прерогативой крупных компаний.
Криптовалюта привлекательна тем, что ее можно получить практически без вложений. Способы приобретения криптовалюты (на примере Bitcoin): Майнинг на собственном компьютере (понадобится мощная видеокарта или ферма для вычислений по заданному алгоритму).
Во многих европейских странах, включая Россию, рассматривается возможность выпуска «государственной» криптовалюты. Популярность принято считать по величине курса к доллару США: Bitcoin. Первый вариант криптовалюты, появился в 2009 году. Ethereum. Создание началось в 2015 году.
Что значит Минт NFT?
Минт NFT — это процесс создания цифрового актива. Во время минта у вас есть возможность купить или можно сказать “сминтить” NFT по фиксированной цене. Если вы пропустили стадию минта, но все равно хотите купить NFT из определенной коллекции, это нужно делать на специальных маркетплейсах.
Что такое Минтить Криптовалюта?
Минтинг (англ. minting), который также часто называют чеканкой – это процесс создания невзаимозаменяемого токена с его «регистрацией» в блокчейне. Чтобы заминтить NFT, нужно заплатить комиссию сети. После этого информацию о невзаимозаменяемом токене и его авторе включат в блокчейн.
Какая выгода NFT?
NFT обеспечивают сертификат подлинности: все транзакции записываются и хранятся в блокчейне, как и криптомонеты. Таким образом, всегда можно точно отследить происхождение объекта, и вот тут это становится интересным для домов моды и дизайнеров.
Как происходит Минт?
В процессе минта пользователи скупают все NFT, а затем продают на вторичных рынках. Еще одна особенность минта заключается в том, что покупатель не можете выбрать NFT при покупке. Он просто платит цену минта, а NFT получает случайным образом. Это может быть как самый обычный экземпляр, так и очень редкий.
Как работает Минт?
Минт – это процесс получения цифрового актива, являющегося преобразованным цифровым файлом, который хранится на блокчейне. Процесс помогает сделать NFT товаром, который можно покупать, продавать и переводить между кошельками официально. Простыми словами, минт – это рождение NFT на блокчейне.
Что означает Минтить?
То есть минтить NFT – значит покупать его впервые. Какие-то минты проходят бесплатно (нужно оплатить только газ), но чаще всего проектом устанавливается определенная цена продажи. В процессе минта пользователи скупают все NFT, а затем продают на вторичных рынках.
Что значит Минтить в Нфт?
То есть минтить NFT – значит покупать его впервые. Какие-то минты проходят бесплатно (нужно оплатить только газ), но чаще всего проектом устанавливается определенная цена продажи.
Что такое Минтить в Криптовалюте? Ответы пользователей
Если вы инвестор, и вас интересует возможность вложиться в интересный проект, то вам жизненно необходимо понять, что такое минтинг и как минтить NFT, .
NFT (non-fungible token, невзаимозаменяемый токен) — виртуальный сертификат на право владения цифровым уникальным объектом. Он может быть .
Что нужно делать, чтобы получать от 1000% годовых? Топ-5 самых перспективных и популярных криптовалют. Каĸ не стать жертвой мошенниĸов?
КАК МИНТИТЬ NFT NFT, Криптовалюта, Длиннопост. Инвестиции. NFT сейчас позволяют зарабатывать своим держателям и приумножать капиталы в 10-20 .
В секторе криптовалют существует такое понятие, как сжигание токенов. Создатели цифровых монет уничтожают часть эмиссии, чтобы ограничивать .
Работа художника стала первым лотом в истории аукционного дома Christie’s, который был продан за криптовалюту. Оплата за картину была .
Надежные инвестиции в криптовалюту · 8 авг 2020. Отвечает . Они позволяют пользователям увидеть свой баланс, минтить или реминтить монеты, .
27 июл. 44 просмотра. 1. ответ · Криптовалюта; +1 ещё.
Что такое NFT? Аббревиатура NFT (non-fungible tokens) означает «невзаимозаменяемый токен». Для понимания токенов необходимо разобраться, в какой .
What Is NFT Minting?
NFTs have become extraordinarily popular over the last several years, with savvy digital art collectors and investors. The sale of digital artwork for staggering amounts has sparked speculation in the NFT marketplace. While it’s uncertain if this is a transient trend or a bona fide investment category, the initial momentum appears encouraging.
What Is an NFT?
NFT stands for non-fungible tokens, which can be bought, sold, or traded. It’s used for artwork and in-game assets for virtual worlds. Each NFT has its code stored on the blockchain.
Some people look at NFTs as digital trading cards, each one being one-of-a-kind. This is not like typical digital assets like Bitcoin, as there is only one of them, with no copies. This provides the rarity of the digital asset from its inception.
How Does NFT Minting Work?
NFT uses a process called “minting” to put the assets on the blockchain. The process is as simple as deciding where and how you want to produce the token. You connect your digital wallet and a blockchain network and then “mint” or create the assets.
Once the asset is on the blockchain, it is considered “minted.” It can now be listed for sale, kept as a receipt for a certificate of ownership, traded, or even sent to someone else with a wallet.
“Minting” is a standard and automated process on an NFT marketplace, but some will choose to hardcode the NFT and put it on the blockchain themselves. Granted, that takes much more work than is necessary and is rarely done.
What Are the Benefits of Minting an NFT?
While the world is still trying to figure out the potential benefits of minting an NFT, there are a few common factors and benefits to this process, including:
- Democratize ownership:Creating an NFT allows multiple parties to stake ownership in digital assets. For example, through this process, you could have fractionalized ownership of the Mona Lisa.
- Sell unique assets: You can sell stakes in assets, making it possible for artists to receive a cut of each future sale of said assets. This is especially interesting for music, as it creates an automatic royalty stream.
- Store/preserve value: You can store the value of an asset tangibly, much like a physical coin can be mentored with a specific amount of precious metals. Preserving value digitally is considered safe, as the security of the blockchain is unquestionable, and there is a built-in scarcity of NFTs.
Factors to Consider Before Minting an NFT
Minting an NFT may seem relatively easy, but there are a few things that you need to think about before doing so. Even though you are adding your NFT to a blockchain and providing digital scarcity and proof of ownership, you should ask a few questions about the process before you commit to it.
Blockchain Platform
The first thing you need to think about is which blockchain you choose to mint the NFT on. You can use multiple blockchains, the biggest one being Ethereum. However, others include Polkadot, Tron, WAX, Cosmos, EOS, and many others.
While Ethereum continues to lead in volume, costs related to working with the Ethereum blockchain have had people looking for other blockchain solutions, and it’s probably worth noting that they are starting to catch up. As adoption continues to grow, most of these different blockchain ecosystems will likely also.
The Ecosystem of the NFT
Make sure the platform you choose can handle NFT transfers and sales across several blockchains. After all, not everybody is on the same blockchain, so you need to open up the possibility of more volume than you will find on a lesser-known blockchain. After all, if you are trying to sell your NFT, a lesser-known solution may not be the correct path.
Platform Costs
Make sure that the platform you are using is affordable. After all, if you are an unknown artist, it may not make sense to spend a couple of hundred dollars to print an NFT if you aren’t even sure whether or not there will be interest. Cost becomes a significant issue for most involved.
NFT Marketplace
On the Ethereum blockchain, developers have massive amounts of NFT platforms to choose from. Rarible, Mintable, and OpenSea are some of the largest platforms in the market. If you choose another blockchain, make sure the marketplace attracts traffic.
How to Mint NFTs
While each marketplace may be slightly different, there are some fundamental and straightforward steps to minting and NFT. The steps below give you a “30,000-foot overview” of what it takes to put your NFT in a marketplace.
Create a Unique Asset
You will need to create a unique asset that is worthy of listing. Once you create the asset and wish to sell it, you can begin the process of “minting and NFT.” The most common asset will be digital art, but music has also been extensively used. Either way, make sure you believe people will buy.
Buy Tokens
You will need crypto to deposit in a non-custodial wallet. This will be used to pay for any fees on the NFT marketplace, including gas fees, listing fees, and perhaps even a percentage of sales, if necessary. You will decide which tokens you need to buy depending on the marketplace you use.
You will buy tokens like any other crypto transaction through an exchange. You will then transfer those tokens to your wallet unless the marketplace sells the needed tokens directly, making this step a moot point.
Deposit Crypto into a Non-Custodial Wallet
You will need to pay for any transaction on the blockchain. This means that you will have to pay for the blockchain’s computing power. This is known as a “gas fee,” so keep an eye on the required transaction fees, as they can’t be higher than you might expect.
Make sure you have purchased Ethereum or another crypto depending on the app, and deposit it into your wallet. Sometimes you can buy crypto directly from the marketplace; others require you to obtain it externally.
Choose and Add Assets to an NFT Marketplace
Choose which assets you will list on the NFT marketplace and upload them via the website. The uploading process will be like any other online website you have used before, so this should not take more than a few moments. Once you upload the assets, there is generally a straightforward process to list them, including writing a description, setting the sale price, or auctioning if you choose to go that route.
Add Your Assets to the NFT Collection
Adding your assets to an NFT collection is simply a matter of uploading and then putting them out on the marketplace itself. This is typically just a few clicks, as the marketplace will be set up to facilitate the entire transaction itself. Once you have “put it up for sale,” it’s a matter of attracting enough interest to have people pay for it.
Conclusion
NFT marketplaces are growing in popularity, and it’s more likely than not that we will continue to see adoption. However, you should remember that the NFT economy is still in its infancy, so it’s challenging to understand where we may go over the next few years. In other words, it’s “buyer beware” currently.
For artists, musicians, content producers, videogame developers, and many others, the NFT marketplace opens up the possibility of monetizing work long after the original sale has occurred. Going forward, this could be a boon for the artistic community, but we will likely expand far beyond art.
For example, there is a push to create NFT tokens for property ownership in the real world. We have already seen NFT tokens offer property ownership in the metaverse, but that should be thought of as a precursor to what can happen in the real world.
Minting and selling NFTs can be profitable, but for the most part, it has been a “get-rich-quick scheme.” The real questions have not been answered. There is no assurance that anybody would be willing to buy what you put in a marketplace, but it is a relatively straightforward process. If you believe you have the talent to get people to pay for your work, then an NFT marketplace might make sense.
Can you lose money minting NFT?
Yes, there are fees involved, so if you do not sell your NFT, it will more likely not cost you money. It comes down to supply and demand like anything else.
Does minting a NFT cost money?
It can be done for free, but most marketplaces will charge you something. If nothing else, you will have to pay the “gas fees” to put the NFT on the blockchain. Also, you should beware that the fees involved in creating NFTs vary widely.
Is minting an NFT the same as buying?
No, minting an NFT means creating and putting it on the blockchain. Buying an NFT cannot be done until it has been created.
What happens after minting NFT?
The NFT is put on the blockchain and therefore is a public record of ownership. This is usually done through an NFT marketplace, although some have chosen to code the NFT itself using a coding language.
Are NFTs a good investment?
This remains to be seen. However, there has been a general decline in value throughout 2022. Whether or not that turns around in the future remains to be seen, so if you invest in an NFT, you should make sure that it is a small part of your portfolio.
How much does the average NFT sell for?
There have been NFTs that have sold for tens of millions of dollars and others that don’t sell at all. It’s like any other marketplace, where a handful of artists make the most money while others may make a little bit here and there. There is no particular average.
How do I sell my art on NFT?
You sell your art via an NFT marketplace after minting the NFT itself. The NFT is a token of ownership, allowing the owner to prove custody, making it much like a deed to a house. However, there is no guarantee that you will be able to find a buyer.
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