A Pixelart recently sold for $7,5 Million! If this comes as a shock you continue readin because we’ll cover how you yourselfcan create and sell your art on the blockchain and begin to exploree the world of crypto and NFTs.
Digital Art is booming! We’ll tell you all you need to know to start your journey as a NFT Designer.
A one-of-a-kind Artwork, however, is non-fungible. If you traded it for a different Art piece, you’ll end up with a different Artwork. You gave up a Mona Lisa, and got a Picasso in return.
The sweet part of selling your artwork on the blockchain is that you the artist may keep the NFTs intellectual property. This means that after you have sold your work, the buyer is free to re-sell your work to other buyers and so, BUT they always have to pay out a fixed percentage.
At a very high level, most NFTs are part of the Ethereum blockchain. Ethereum is a cryptocurrency, like bitcoin or dogecoin, but its blockchain also supports these NFTs, which store extra information that makes them work.
Everything an all media types can be tokenized into an NFT. So far, some of the most popular NFT use cases have been: • Digital art (SuperRare, KnownOrigin, Async Art, Rarible, etc.) • Digital music (Mintbase, InfiNFT, etc.) • Virtual real estate (Cryptovoxels, Decentraland, etc.) • VR wearables • Gaming assets (Axie Infinity, Sorare, Gods Unchained, etc.) • Event tickets / Attendance receipts • Subscription badges • Blockchain domain names (Ethereum Name Service, Unstoppable Domains, etc.) • Tokenized luxury goods, e.g. wine • Tokenized insurance policies (yEarn’s yInsure tokens, etc.) • And more!
You don't need an extensive knowledge of crypto to create an NFT, but there are a few tools required to get started like a crypto wallet and Ethereum. If these terms aren't familiar - that's okay. You can get everything setup in just a few minutes from your phone.
In this section I'll provide step-by-step instructions to set up a crypto wallet, purchase ETH, and connect your wallet to an NFT marketplace.
• Open an account at Coinbase, Metamask or Rainbow and setup your Ethereum Wallet. • Purchase a small amount of Ethereum. • Go to an NFT Marketplace such as Rarible (or Zora, SuperRare, Nifty Gateaway, OpenSea) and connect your wallet.
Create an Artwork the way you are used to and export them as: • visual files (JPG, PNG, GIF, etc.) • music files (MP3, etc.) • 3D files (GLB, etc.) • or other..
Once your file is ready, you’ll have to take an extra step and upload it to your market place of choice in order to Mint and tokenize it as an NFT.
You’ll notice that uploading your work is as simple as uploading a YouTube video. Click the Create button in the top right of the screen on Rarible.
Rarible will ask wether you’ll mint your work as a one-of-a-kind piece or as a collection of multiple items. If you opt for a collection you’ll have the possibility to set an amount of multiples. Now set the price you want you artwork to sell for.
Using the Ethereum network to mint your NFTs comes with a "gas fee" for the energy and effort that goes into that computation. This metaphorical "gas fee" fluctuates every day and in some cases will cost more than the sale price of your work itself. The gas fee might be low if your lucky, if not you may opt to wait a little longer an keep checking the gas fee until you’re ok to go for it. (Disclaimer: You can’t really time the gas fee fluctuation)
Now go ahead, explore the market place, pimp your profile and your good to go!
It’s an interesting time to be around the NFT economy, as interest and opportunities in the space have never been higher. It. isa new playground where. Artists and innovators create, experiment and invent new opportunities to leverage these tokens. Moreover, platforms beyond Ethereum will also turn further focus to NFTs as they grow in popularity. It’s already happening today! There's so much more to say about NFTs, but we'll leave it here for now. We're excited to share more tutorials, tips, and advice in the weeks ahead as we continue diving deep down the crypto art rabbit hole. Stay up to date and follow us on instagram and facebook! – And ofcouorse, tag us when you’ve created your first NFT. We'd love to see it!
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