NFTs — non-fungible tokens — have created an essential tool for ensuring the authenticity and copyright of a digitally or digitally created work, such as a photo, video, music, digital art, or even a home or building.
For this reason, NFTs are seen as interesting tools for digital artists or even tech enthusiasts, and there are already many examples that this market can be very successful and appreciated.
Currently, there are several groups of NFTs that are very successful with their audience. One of them, the famous Bored Ape yacht club, has conquered celebrities from all over the world, such as Madonna and Neymar, for example.
As a result of this and other great successes, what can we do to be able to take the first steps in the world of non-fungible tokens and how can we make sure that this market can contain some of our brands as well?
To help you out, we have created a complete guide on how to create an NFT pool. Of course, before creating your group, it’s important to stress how important it is for your audience to have something to offer.
In this way, find your own originality and also try to create a unique language for your arts, whatever it may be and in whatever style it may be.
This way you can really win over your audience, connect with them and create engagement for your production in a simple way, since your content will really connect with people who could be anywhere in the world.
So, don’t be general and don’t even try to copy ideas that are already successful in the market. Always try to offer something different, something else, and build a large portfolio of crypto assets to show the world what you are, how you are and who you are!
What is NFT?
NFT is a type of cryptocurrency. Namely: it is a type of asset that is issued on a blockchain, such as a cryptocurrency. However, this is not a cryptocurrency, as its value is relative.
An NFT can present itself in different ways, such as digital art, a photo, a ticket, a video, a song, and even a meme can become an NFT. NFTs are unique tokens and cannot be exchanged.
That is, each currency has an intrinsic value, different from a cryptocurrency that can be exchanged for another, or equal to itself, or even a physical currency, which, whatever it is, always has the same value for which it is minted.
Another point is that NFTs are not physical objects. All data from the NFT is recorded on different computers so that it can be validated. In this way, it is almost impossible to craft an NFT.
This type of asset can also contribute to resolving various disputes that may arise between NFT owners, particularly regarding the authenticity of one asset and fraud related to another.
Thus, NFTs can also revolutionize the art market, be it in audio, video, or even in the form of fine art or photography.
In this way, the NFT is represented by a token that can then be monetized. NFT can be traded on open NFT market platforms – or even between peers – and has a value assigned to the asset according to the owner’s will.
NFT determines the authenticity of digital content. It can then be commercialized by the creator of the work or even by someone else.
When an NFT is commercialized, the product key changes and thus always remains original.
How is an NFT created?
The first step to take to create an NFT is to select the assets that will be encoded, such as music, photographs, videos, or even digital art.
Anything can be encoded, even a meme, as long as it is, of course, of your own creativity.
At this point, it’s very important to pay attention to the fact that you need to get permission for use or even ownership to determine that the work is yours – unless you get a license from the creator so you can code someone else’s product.
The second step is to open a digital wallet that can grant access to the NFT. In this wallet, you will also be able to store your assets.
A wallet can present itself in different ways, such as software or even hardware. You can use it on different platforms as long as they are compatible with your wallet.
The third step is the one that involves choosing the platform on which the NFT will work. To do this, you just need to upload the content that will be encoded and pay the fee for it – this is done by purchasing a quantity of cryptocurrency.
These cryptocurrencies will always differ according to the platform used for minting the coin, as well as the wallet used to store these cryptocurrencies, as they must be compatible with each other.
After choosing a platform to mint NFTs, it will be important to assign a value to your content. Or you can just manage your assets on the selected platform.
When the NFT is sold in the market, if you choose the second alternative, the rights to the photo, photo, video or music will be deposited in your wallet.
Platforms for creating NFTs
Now that you know all about how NFTs are created, you may be wondering where you can create them.
We’ve created a shortlist so you can create your own on different platforms!
Rarible is one of the largest platforms in the cryptocurrency market and one of the most respected in the market.
It is very easy to use, and because of that, you can start your journey of creating NFTs with it.
It is not necessary to have any kind of prior knowledge about programming or even about blockchain to run it. To use it, all you have to do is connect your user wallet to the Rarible website and then start creating your own NFTs.
To create your first NFT, just click Create. You can create an entire group or just one asset, depending on your desire and availability at the time. Just remember that it is necessary to obtain RARI tokens to mint your assets.
OpenSea is one of the largest NFT marketplaces and has a simpler creation process. Through it, you can create a profile and link it to your wallet.
To create an NFT through OpenSea, it must be in one of over 200 categories.
Once it’s created, you can sell it on OpenSea’s private marketplace.
The process of creating NFTs may seem complicated, but it is very simple and increasingly accessible.
With an NFT, you can do more than just publicize your art and make it pop in your circle: it can make you known as the artist you are!
Precisely for this reason, this market is becoming increasingly important and increasingly relevant, because through it, we have increasing access to great works of art that were previously restricted to the artist’s audience.
Also Read: What is DeFi? Learn about the definition and its use cases
Also read: Blockchain: Learn what it is and how this technology works
Also read: What is Bitcoin? Complete guide about what you need to know