Are you a digital artist aspiring to create digital NFT art? Well, what if we tell you this is possible in just 4 simple steps! The advancements concerning NFTs are the next turn for artists’ innovation and ideas! With the fast pacing world of NFTs, digital art is the next phase of technological innovations.
If you are interested in creating NFT art, let us walk you through how you can have it all in just 4 steps.
What is NFT art?
NFT art, or non-fungible token art, refers to digital artwork that is authenticated and verified on a blockchain. This makes the art unique and one-of-a-kind, unlike traditional digital art that can be easily copied and distributed.
NFTs can also be bought, sold, and traded like traditional physical artworks and can be used to certify ownership and provenance of digital assets. Interested in learning more? Check our blog about NFT and traditional art differences and the scope of each.
Earning potential of NFT Art
NFT art has the potential to earn significant sums of money for artists, but it is important to keep in mind that it’s a speculative market, and the earning potential can vary greatly.
There have been a number of high-profile sales of NFT art that have commanded significant sums of money. For example, an NFT artwork by the artist Beeple sold for $69 million in March 2021, setting a new record for the most expensive NFT artwork ever sold. Other NFT artworks have also sold for hundreds of thousands of dollars. Check out the most expensive NFT collections sold so far to get an idea of what is in demand.
Things to consider before you begin
There are several factors to consider before minting and selling NFT art, including:
- Audience: It’s important to understand who your target audience is and what kind of art they are interested in. This will help you create art that is more likely to sell.
- Quality of the art: The quality of your art is important as it will determine the value of the NFT. Make sure the art is of high quality, unique, and original.
- Platform: There are a variety of platforms where you can mint and sell NFT art. Do research on the different platforms and choose one that is reputable, has a good user interface, and has a community of buyers and sellers.
- Smart contract: Make sure that the smart contract that mints your NFT art is secure and properly verifies the artwork’s authenticity.
- Pricing: Determine a fair price for your NFT art, considering the art’s quality and current market conditions.
- Promotion: Promote your NFT art on social media and other platforms to increase visibility and attract potential buyers.
- Legal aspects: Be aware of the legal aspects of NFTs, such as taxes and copyright laws. Make sure that you are in compliance with all relevant laws and regulations.
- Long-term storage: NFTs are stored on the blockchain, but you should also consider how you will store the original artwork files and ensure they will be accessible in the long term.
Once you have created your NFT art, you can sell them on metaverse NFT marketplace. Learn what an NFT marketplace is, in this guide. Also, don’t forget to get some inspiration from the top NFT Collectibles sold so far!
Create NFT Art – 4 simple steps
Here are 4 detailed steps on how to create NFT art:
#1. Create the artwork
The first step is creating the digital artwork you want to mint as an NFT. This can be done using a variety of digital tools such as Photoshop, Illustrator, or Procreate. The artwork can be in the form of a digital painting, a 3D model, a GIF, or any other type of digital media. Make sure the artwork is of high quality and unique, and original.
#2. Choose a blockchain platform
The next step is to choose a blockchain platform where you will mint your NFT. Some popular platforms include Ethereum, Binance Smart Chain, and Polygon. Each platform has its own set of rules and requirements, so it’s important to research and choose one that is right for your artwork.
#3. Mint the NFT
Once you have chosen a platform, you will need to mint your NFT by creating a smart contract that verifies the authenticity of your artwork. This process will require you to pay a fee, known as “gas” in the Ethereum blockchain, to cover the cost of executing the smart contract on the blockchain. Also, learn more about how you can mint NFTs for free!
#4. List and promote the NFT
After minting the NFT, you can list it for sale on the chosen platform’s marketplace or your website. Also, don’t forget to promote it through social media and other platforms to attract potential buyers. Find more about NFT marketplaces in our detailed guide.
It’s important to note that creating NFTs may require technical skills and knowledge of blockchain technology, so consulting with a developer or a technical expert may be helpful if you are not familiar with the process.
Also, please keep in mind that creating and selling NFTs involves technical and legal risks, so it’s important to do your own research and carefully consider all factors before minting and selling NFT art.
In a nutshell
Now that you know how to create NFTs in just 4 simple steps, it is time for you to move forward with the idea! With our guide for best NFT platforms, you can mint, sell and buy NFT art with ease. Not to forget, you can also select from gas fees-free platforms to mint NFTs! Moreover, don’t forget to sell your NFT art on an NFT marketplace!